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Sold on 07/27/2021
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3970 NE 8th St, Gresham, OR 97030

  • $487,000

    Last sold 07/27/2021 for $370K

  • —

    bed

  • —

    bath

  • 1,620

    Sqft ($228/Sqft)

Multi-family not for sale
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About 3970 NE 8th St

Property type Multi-family
Neighborhood
Year built 1975
HOA fee $0/month
Movoto estimate
Rental estimate
Property description
2 bedroom duplex located on corner lot in Mt Hood Community College area of Gresham. Wonderful rental. Long term 12 and 15 yr renters. Back yard and attached Garage space too. Newer roof approx 4 years old. Needs some TLC on left side (priced accordingly) sold as is. 2nd duplex is also available for sale across street on 8th. Buy both today! Rent includes sewer and water.
Listed by
Listing Agent - Debby Calhoun-Sammons
Listing Agent Contact: Safeharbordeb@gmail.com
Listing Office - Safe Harbor Realty
Source: RMLS mls logo
MLS#21157537 • last updated 4 years ago
Movoto checked RMLS for data 3 minutes ago
Overview
Heating Baseboard
MLS # 21157537
Type Multi Family
Status Sold
Property Tax 4046.01
Year Built 1975
Exterior
Roof Composition
Exterior Features Lap Siding
Lot Desc Corner Lot, Level
Amenities / Utilities
Hot Water Electricity
Sewer/ Septic Public Sewer
Water Source Public Water
Location
County Multnomah
Subdivision MHCC
Area 144 - Gresham, Sandy, Troutdale, Corbett
Elementary School Powell Valley
Middle School Gordon Russell
High School Sam Barlow
Zoning LDR-7
Directions Kane (257th) S To Division East On 8th Right Side
APN R266029
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 1150
Unit Type 2: Rent 1150
Total # of Units 2
Gross Rent Multiplier 12.68
Net Operating Income 21754
Operating Expense 5846
Gross Income 27600
Cap Rate 6.22
Lot/ Land Details
Road Surface Paved
$487K
Range: $379K-$594K
Last 30 days 
Rental est.: $1,033/month
Gross rent multiplier: 28.2
  • Aug 2021
    mls logo MLS # 21157537
  • Aug 27, 2021 Sold
    $370,000 (+5.7%)
  • Jul 27, 2021 Pending
    —
  • Jul 23, 2021 Listed
    $349,999
  • 3970 NE 8th St
    $370K
  • Powell Valley
    $499K -3% y/y
  • 97030
    $420K -5% y/y
  • Gresham
    $506K -1% y/y
No chart available
Statistics calculated by Movoto

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4/10
Powell Valley 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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