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Sold on 10/30/2019
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255 NW 20th St, Gresham, OR 97030

  • $303,000

    Last sold 10/30/2019 after 14 Days

  • —

    bed

  • —

    bath

  • 1,600

    Sqft ($189/Sqft)

Multi-family not for sale
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About 255 NW 20th St

Property type Multi-family
Neighborhood
Year built 1967
HOA fee $0/month
Rental estimate
Property description
Excellent opportunity to own 2 spacious units on an oversized lot in the heart of Gresham. These units are in high rental demand with ample parking and their own private yards. This is a great opportunity to earn over a 6 CAP in an area that continues to improve.
Listed by
Listing Agent - Sean Robbins
Listing Office - Pacific Realty Northwest LLC
Source: RMLS mls logo
MLS#19552021 • last updated 6 years ago
Movoto checked RMLS for data 9 minutes ago
Overview
Heating Baseboard
MLS # 19552021
Type Multi Family
Status Sold
Property Tax 3048.78
Year Built 1967
Exterior
Roof Composition
# Parking Spaces 2
Exterior Features Cement Siding
Lot Desc Level
Amenities / Utilities
Hot Water Electricity
Sewer/ Septic Public Sewer
Water Source Public Water
Location
County Multnomah
Area 144 - Gresham, Sandy, Troutdale, Corbett
Elementary School Highland
Middle School Clear Creek
High School Gresham
Zoning LDR-5
Directions Corner Of Burnside And 223rd Off Fairview Drive
APN R110165
Multifamily Details
Unit Type 1: # Bedrooms 2
Unit Type 1 : Total Baths 1
Unit Type 2: # Bedrooms 2
Unit Type 2: Total Baths 1
Unit Type 1: Rent 1195
Unit Type 2: Rent 1195
Total # of Units 2
Gross Rent Multiplier 10.46
Net Operating Income 20076
Operating Expense 8604
Gross Income 28680
Cap Rate 6.69
We are not permitted to show value estimates for this property.
  • Dec 2019
    mls logo MLS # 19552021
  • Dec 16, 2019 Sold
    $303,000 (+1.0%)
  • Oct 30, 2019 Pending
    —
  • Oct 16, 2019 Listed
    $299,900 (-4.8%)
  • Sep 2019
    mls logo MLS # 19461910
  • Sep 15, 2019 Listed
    $315,000
  • 255 NW 20th St
    $303K
  • Gresham-North Central
    $490K +15% y/y
  • 97030
    $420K -5% y/y
  • Gresham
    $506K -1% y/y
No chart available
Statistics calculated by Movoto

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2/10
Highland Elementary School
public Grades K-5
Gresham-Barlow School District 10j
1/10
Clear Creek Middle School
public Grades 6-8
Gresham-Barlow School District 10j
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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  • 255 NW 20th St
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