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Sold on 10/25/2023
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2430 SE 9th Ct, Gresham, OR 97080

  • $541,000

    Last sold 10/25/2023 for $410K

  • —

    bed

  • —

    bath

  • 1,940

    Sqft ($211/Sqft)

Multi-family not for sale
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About 2430 SE 9th Ct

Property type Multi-family
Neighborhood
Year built 1977
HOA fee $0/month
Movoto estimate
Rental estimate
Property description
Investment opportunity. Huge upside potential. Reach out to your agent for more info. Some interior photos to come. 4 other duplex opportunities available, see RMLS#: : 23347481 & 23363285
Listed by
Listing Agent - Michael Green
Listing Office - Stellar Realty Northwest
Source: RMLS mls logo
MLS#23638165 • last updated 2 years ago
Movoto checked RMLS for data 9 minutes ago
Overview
Heating Forced Air
MLS # 23638165
Type Multi Family
Status Sold
Property Tax 4495.18
Year Built 1977
Exterior
Roof Composition
# Parking Spaces 4
Exterior Features Cedar
Amenities / Utilities
Hot Water Gas
Sewer/ Septic Public Sewer
Water Source Public Water
Location
County Multnomah
Subdivision HOGAN CEDAR
Area 144 - Gresham, Sandy, Troutdale, Corbett
Elementary School Hogan Cedars
Middle School Dexter McCarty
High School Gresham
Zoning MDR-12
Directions N Of Gradin Sports Park, E On 9th Ct From SE Fleming Ave
APN R164256
Multifamily Details
Unit Type 1: # Bedrooms 3
Unit Type 1 : Total Baths 2
Unit Type 2: # Bedrooms 2
Unit Type 2: Total Baths 1
Unit Type 1: Rent 1150
Unit Type 2: Rent 1025
Total # of Units 2
Gross Rent Multiplier 18.29
Operating Expense Scheduled 10000
Net Operating Income 20313
Operating Expense 8782
Gross Scheduled Income 43200
Gross Income 24600
Cap Rate 4.51
Net Scheduled Income 40000
Lot/ Land Details
Road Surface Concrete, Paved
$541K
Range: $476K-$605K
Last 30 days 
Rental est.: $1,250/month
Gross rent multiplier: 30.0
  • Nov 2023
    mls logo MLS # 23638165
  • Nov 17, 2023 Sold
    $410,000 (-8.9%)
  • Oct 26, 2023 Pending
    —
  • Oct 12, 2023 Listed
    —
  • Sep 10, 2023 Pending
    —
  • Aug 7, 2023 Price Change
    $450,000 (-10.0%)
  • Jul 19, 2023 Listed
    $500,000
  • 2430 SE 9th Ct
    $410K
  • Hogan Cedars
    $450K -3% y/y
  • 97080
    $545K 0% y/y
  • Gresham
    $502K -2% y/y
No chart available
Statistics calculated by Movoto

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3/10
Gresham High School
public Grades 9-12
Gresham-Barlow School District 10j
Source: GreatSchools.org © 2026. All rights reserved.

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