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Sold on 05/27/2022
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3590 NE 8th St, Gresham, OR 97030

  • $588,500

    Last sold 05/27/2022 after 7 Days

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    bed

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    bath

Multi-family not for sale
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About 3590 NE 8th St

Property type Multi-family
Neighborhood
Year built 1974
HOA fee $0/month
Rental estimate
Property description
Rare finding investment opportunity with great cash flow. Updated single level duplex in fantastic location. Great long-term tenant in both units on month-to-month rent. Both sides have extensive renovation. Separate laundry rooms. AC unit. Extra deep garages. Fully fenced back yard. New roof from 2021.Newer windows. Unit 3590 was recently updated with new floor, new wall, new stove and new fridge. Short drive to stores, schools, HWY, hospital and much more. Buyer to verify sq footage.
Listed by
Listing Agent - Xin Dudley
Listing Office - Premiere Property Group, LLC
Source: RMLS mls logo
MLS#22333916 • last updated 2 years ago
Movoto checked RMLS for data 6 minutes ago
Overview
Cooling/AC Heat Pump
Heating Forced Air
MLS # 22333916
Type Multi Family
Status Sold
Property Tax 4655.53
Year Built 1974
Exterior
Roof Composition
Exterior Features Lap Siding
Lot Desc Trees
Amenities / Utilities
Hot Water Electricity
Sewer/ Septic Public Sewer
Water Source Public Water
Location
View Seasonal
County Multnomah
Area 144 - Gresham, Sandy, Troutdale, Corbett
Elementary School Hall
Middle School Gordon Russell
High School Sam Barlow
Zoning LDR-7
Directions Kane/ 257th Ave East On 8th St
APN R262973
Multifamily Details
Unit Type 1: # Bedrooms 3
Unit Type 1 : Total Baths 2
Unit Type 2: # Bedrooms 3
Unit Type 2: Total Baths 2
Unit Type 1: Rent 2020
Unit Type 2: Rent 1830
Total # of Units 2
Gross Rent Multiplier 12.88
Net Operating Income 37846
Operating Expense 8354
Gross Income 46200
Cap Rate 6.36
Lot/ Land Details
Road Surface Paved
  • Jul 2022
    mls logo MLS # 22333916
  • Jul 1, 2022 Sold
    $588,500 (-1.1%)
  • May 27, 2022 Pending
    —
  • May 20, 2022 Listed
    $595,000 (+24.0%)
  • Feb 2020
    mls logo MLS # 19615683
  • Feb 28, 2020 Sold
    $480,000 (-7.7%)
  • Jan 20, 2020 Pending
    —
  • Nov 27, 2019 Listed
    $519,900

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Nearby homes for sale in Gresham, OR

  • Real Estate
  • OR
  • Multnomah County
  • Gresham
  • 97030
  • Powell Valley
  • 3590 NE 8th St
We are not permitted to show value estimates for this property.

Nearby recently sold homes in Gresham, OR

  • 3590 NE 8th St
    $588K
  • Powell Valley
    $499K -3% y/y
  • 97030
    $425K 0% y/y
  • Gresham
    $499K -2% y/y
No chart available
Statistics calculated by Movoto
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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