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2600 SE Orient Dr, Gresham, OR 97080

  • $1,200,000

  • —

    bed

  • —

    bath

  • 3,260

    Sqft ($368/Sqft)

Multi-family for sale 148 days
$40K price drop
Movoto is helping 15 homebuyers near you

About 2600 SE Orient Dr

Property type Multi-family
Neighborhood
Year built 1942
HOA fee $0/month
Lot size 0.79 Acre
Rental estimate
Property description
The property has 4 buildings; a 5plex, 4plex, a standalone and a storage garage. There are seven 1 bedrooms and 3 studios. The 4plex is new and was completed in 2024.4 Plex consists of four 1 bedroom units all about 325 SF with individual water heaters, electric panels, and meters. Each units has its own Heat Pump with AC. There also is a fire alarm and sprinkler system. The building was built completely new and completed in 2024.The 5 unit building has three studios and two 1 bedroom units. It has a metal roof and siding, separate meters and electric heat. 3 of the units have recently been upgrade with LPV floors fresh paint etc.The standalone unit is 360 SF and has a new shingle roof and electric heat.All units are metered separately and tenants pay their own bills.The storage garage is a basic pole building 24X36 with its own meter and 200 amp service. Potential to add laundry and storage units for tenants.Plenty of off street parking for the tenants.Potential opportunity to build more units depending on the city.
Listed by
Listing Agent - Rich Stark
Listing Office - Rich Stark Realty
Source: RMLS mls logo
MLS#712436745 • last updated 3 weeks ago
Movoto checked RMLS for data 3 minutes ago
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Overview
Cooling/AC CentralAir, HeatPump
Heating HeatPump, WallHeater
MLS # 712436745
Type Multi Family
Status Active
Lot Size (SqFt) 34412
Lot Size (Acres) 0.79
Property Tax 4965.46
Year Built 1942
Exterior
Roof Composition, Metal
Exterior Features Aluminum, LapSiding
Amenities / Utilities
Hot Water Electricity
Sewer/ Septic Public Sewer
Water Source Public Water
Location
County Multnomah
Area 144 - Gresham, Sandy, Troutdale, Corbett
Elementary School Kelly Creek
Middle School Gordon Russell
High School Sam Barlow
Zoning LDR5
Directions SE Orient And Chase Rd
APN R339809
Multifamily Details
Unit Type 1 : Total Baths 1
Unit Type 2: # Bedrooms 1
Unit Type 2: Total Baths 1
Unit Type 1: Rent 900
Unit Type 2: Rent 1100
Total # of Units 10
Gross Rent Multiplier 9.18
Net Operating Income 95701
Operating Expense 34793
Gross Income 130674
Cap Rate 7.98
Lot/ Land Details
Road Surface Gravel
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4/10
Sam Barlow High School
public Grades 9-12
Gresham-Barlow School District 10j
Source: GreatSchools.org © 2026. All rights reserved.

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  • Real Estate
  • OR
  • Multnomah County
  • Gresham
  • 97080
  • Kelly Creek
  • 2600 SE Orient Dr

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