Movoto Real Estate
Sold on 11/06/2022
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3307 SE 3309 Se 12th St, Gresham, OR 97080

  • $417,500

    Last sold 11/06/2022 after 26 Days

  • bed

  • bath

  • 1,824

    Sqft ($229/Sqft)

Multi-family not for sale
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About 3307 SE 3309 Se 12th St

Property type Multi-family
Neighborhood
Year built 1981
HOA fee $0/month
Rental estimate
Property description
Easy opportunity for handy investor or someone who wants to start their real estate investment journey. Both sides rented mo to mo. Property has two units- each w/ 2 bedrooms & a single bathroom, laundry hookups, & garage, plus driveway parking. The large level back yards are fully fenced & separated. Interior of units are in great condition. 1 with a recently replaced water heater (3309). Seller is motived and may consider all offers!!
Listed by
Listing Agent - Leilani Powell
Listing Office - Found It LLC
Source: RMLS mls logo
MLS#22155935 • last updated 3 years ago
Movoto checked RMLS for data 19 minutes ago
Overview
Cooling/AC None
Heating Forced Air
MLS # 22155935
Type Multi Family
Status Sold
Property Tax 4432.97
Year Built 1981
Exterior
Roof Composition
Exterior Features Other, Wood Siding
Amenities / Utilities
Hot Water Electricity, Gas
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 R5
Directions N On Kane Dr From Hwy 26, Right On 12th St.
APN R242938
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 1175
Unit Type 2: Rent 1225
Total # of Units 2
Gross Rent Multiplier 15.59
Operating Expense Scheduled 7633
Net Operating Income 21167
Operating Expense 7633
Gross Scheduled Income 32000
Gross Income 28800
Cap Rate 4.71
Net Scheduled Income 24367
Lot/ Land Details
Road Surface Concrete
We are not permitted to show value estimates for this property.
  • Dec 2022
    mls logo MLS # 22155935
  • Dec 23, 2022 Sold
    $417,500 (-7.0%)
  • Nov 8, 2022 Pending
  • Oct 11, 2022 Listed
    $449,000
  • 3307 SE 3309 Se 12th St
    $417K
  • Kelly Creek
    $474K -11% y/y
  • 97080
    $545K 0% y/y
  • Gresham
    $502K -2% 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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  • OR
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  • 3307 SE 3309 Se 12th St
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