Movoto Real Estate
Sold on 09/06/2026
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240 SE Kane Dr, Gresham, OR 97080

$547,500

Last sold 09/06/2026 after 11 Days

  • —

    bed

  • —

    bath

  • 2,136

    Sqft ($256/Sqft)

Multi-family not for sale

About 240 SE Kane Dr

Property type Multi-family
Neighborhood
Year built 1994
HOA fee $0/month
Lot size 9,583 Sqft
Parking 2 garage spaces
Rental estimate
Property description
Great opportunity for an owner-occupant or investor! This single-level duplex features two spacious units, each offering 3 bedrooms, 2 bathrooms, a private one-car garage, and a large fenced backyard. The functional one-level layouts provide comfortable, easy living, while separate outdoor spaces give each unit added privacy. Live in one unit and rent out the other, or add a versatile income-producing property to your investment portfolio. Conveniently located near public transportation, shopping, restaurants, and everyday amenities, making this property appealing for both owners and tenants. With generous yards, individual garages, and desirable three-bedroom floor plans on both sides, this duplex offers a combination of space, convenience, and investment potential that is hard to find. House numbers are 220-240.
Listed by
Listing Agent - Michelle Palmquist
Listing Office - Redfin
Source: RMLS mls logo
MLS#510643976 • last updated 1 week ago
Movoto checked RMLS for data 5 minutes ago
Overview
Heating Forced Air
MLS # 510643976
Type Multi Family
Virtual Tour N/A
Status Sold
Lot Size (SqFt) 9583
Lot Size (Acres) 0.22
Property Tax 6456.72
Year Built 1994
Exterior
Roof Composition
# Parking Spaces 4
# Garage Spaces 2
Exterior Features LapSiding, T111Siding
Lot Desc Level
Amenities / Utilities
Hot Water Gas
Sewer/ Septic Public Sewer
Water Source Public Water
Location
County Multnomah
Area 144 - Gresham, Sandy, Troutdale, Corbett
Elementary School Powell Valley
Middle School Gordon Russell
High School Sam Barlow
Zoning LDR
Directions Powell, N On Kane
APN R339441
Multifamily Details
Unit Type 1: # Bedrooms 3
Unit Type 1 : Total Baths 2
Unit Type 2: # Bedrooms 3
Unit Type 2: Total Baths 2
Unit Type 1: Rent 2120
Unit Type 2: Rent 2095
Total # of Units 2
Gross Rent Multiplier 12.12
Net Operating Income 26699
Operating Expense 18937
Gross Income 45393
Cap Rate 4.85
Lot/ Land Details
Road Surface Paved
We are not permitted to show value estimates for this property.
  • Oct 2026
    mls logo MLS # 510643976
  • Oct 6, 2026 Sold
    $547,500 (-0.5%)
  • Sep 8, 2026 Pending
    —
  • Aug 26, 2026 Listed
    $550,000
  • 240 SE Kane Dr
    $547K
  • Powell Valley
    $499K 0% y/y
  • 97080
    $509K -3% y/y
  • Gresham
    $495K 0% y/y
No chart available
Statistics calculated by Movoto

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4/10
Source: GreatSchools.org © 2026. All rights reserved.

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