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Sold on 07/23/2022
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3427 SE 12th St, Gresham, OR 97080

  • $520,000

    Last sold 07/23/2022 after 3 Days

  • —

    bed

  • —

    bath

  • 1,820

    Sqft ($286/Sqft)

Multi-family not for sale
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About 3427 SE 12th St

Property type Multi-family
Neighborhood
Year built 1981
HOA fee $0/month
Rental estimate
Property description
Wonderful duplex with brand new roof, open floor plans, newer wood stove and hot water heater in 1st unit. Both units have a/c, newer furnaces, fridge, d/w. Lovely brick courtyard and grass in front, charming fenced backyard with deck, garden beds and mature landscaping. Conveniently located to highways, parks and shopping. Prior tenant was family paying minimal rent, these units could easily fetch $1400+/mo according to rental websites.
Listed by
Listing Agent - Dina Stetson
Listing Office - Walker Properties Residential
Source: RMLS mls logo
MLS#22646561 • last updated 3 years ago
Movoto checked RMLS for data 9 minutes ago
Overview
Cooling/AC Heat Pump
Heating Forced Air
MLS # 22646561
Type Multi Family
Status Sold
Property Tax 4629.98
Year Built 1981
Exterior
Roof Composition
Exterior Features Vinyl Siding
Lot Desc Level
Amenities / Utilities
Hot Water Electricity, Tank
Sewer/ Septic Public Sewer
Water Source Public Water
Location
County Multnomah
Community Features Central Air, Laundry
Area 144 - Gresham, Sandy, Troutdale, Corbett
Elementary School Kelly Creek
Middle School Gordon Russell
High School Sam Barlow
Zoning LDR5
Directions Between Kane And La Mesa
APN R242934
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 2: Rent 1000
Total # of Units 2
Gross Rent Multiplier 42.92
Operating Expense Scheduled 900
Net Operating Income 12000
Operating Expense 900
Gross Income 12000
Cap Rate 2.33
Lot/ Land Details
Road Surface Paved
We are not permitted to show value estimates for this property.
  • Oct 2022
    mls logo MLS # 22646561
  • Oct 4, 2022 Sold
    $520,000 (+1.0%)
  • Jul 24, 2022 Pending
    —
  • Jul 20, 2022 Listed
    $515,000 (+5.2%)
  • May 2022
    mls logo MLS # 22646255
  • May 23, 2022 Pending
    —
  • May 19, 2022 Listed
    $489,521
  • 3427 SE 12th St
    $520K
  • 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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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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