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Sold on 07/27/2021
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3404 SE 11th St, Gresham, OR 97080

  • $513,000

    Last sold 07/27/2021 for $409K

  • —

    bed

  • —

    bath

  • 1,820

    Sqft ($225/Sqft)

Multi-family not for sale
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About 3404 SE 11th St

Property type Multi-family
Neighborhood
Year built 1981
HOA fee $0/month
Movoto estimate
Rental estimate
Property description
LIVE-IN INVESTMENT! Great Opportunity for investors or an owner occupy. These units are 2 bedroom 1 bath with laundry and attached garages. Please do not disturb tenants, drive-by's only. Offers subject to interior inspection. Long term tenants, rents are low. Great location, one level.
Listed by
Listing Agent - Michael Patrick
Listing Office - Premiere Property Group, LLC
Source: RMLS mls logo
MLS#21095368 • last updated 4 years ago
Movoto checked RMLS for data 9 minutes ago
Overview
Heating Forced Air
MLS # 21095368
Type Multi Family
Status Sold
Property Tax 4089.86
Year Built 1981
Exterior
Roof Composition
Exterior Features Other
Lot Desc Level
Amenities / Utilities
Sewer/ Septic Public Sewer
Water Source Public Water
Location
County Multnomah
Area 144 - Gresham, Sandy, Troutdale, Corbett
Elementary School Hogan Cedars
Middle School Dexter McCarty
High School Gresham
Zoning RES
Directions Powell Valley Rd, South On Barnes, West On 10th, Right On 11th
APN R242917
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 1100
Unit Type 2: Rent 900
Total # of Units 2
Gross Rent Multiplier 24.24
Net Operating Income 10369
Operating Expense 6181
Gross Income 16500
Cap Rate 2.59
Lot/ Land Details
Road Surface Paved
$513K
Range: $456K-$569K
Last 30 days 
Rental est.: $1,250/month
Gross rent multiplier: 26.7
  • Sep 2021
    mls logo MLS # 21095368
  • Sep 3, 2021 Sold
    $409,500 (+2.4%)
  • Jul 27, 2021 Pending
    —
  • Jul 20, 2021 Listed
    $399,995
  • 3404 SE 11th St
    $409K
  • Kelly Creek
    $474K -13% 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
Kelly Creek Elementary School
public Grades K-5
Gresham-Barlow School District 10j
1/10
Gordon Russell Middle School
public Grades 6-8
Gresham-Barlow School District 10j
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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