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Sold on 10/09/2022
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509 SE 208th Ave, Gresham, OR 97030

  • $430,000

    Last sold 10/09/2022 after 29 Days

  • —

    bed

  • —

    bath

  • 2,048

    Sqft ($210/Sqft)

Multi-family not for sale
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About 509 SE 208th Ave

Property type Multi-family
Neighborhood
Year built 1970
HOA fee $0/month
Rental estimate
Property description
Spacious & vacant one level Gresham duplex with 2 bed 1 bath units! Living rooms w/ wood pellet stoves, dining areas, laundry rooms off the kitchen and each their own parking, fenced yards w/ storage units. Fresh interior paint in both units and new carpeting in one, with a little TLC these vacant units will be ready to rent at market rate! Great for an owner occupy or rental investment opportunity!
Listed by
Listing Agent - Heidi Settlemier
Listing Agent Contact: AlamedaRealtyPdx@gmail.com
Listing Office - Alameda Realty
Source: RMLS mls logo
MLS#22403499 • last updated 3 years ago
Movoto checked RMLS for data 4 minutes ago
Overview
Cooling/AC Window Unit(s)
Heating Baseboard
MLS # 22403499
Type Multi Family
Status Sold
Property Tax 4129.79
Year Built 1970
Exterior
Roof Composition
Exterior Features T-111 Siding
Lot Desc Corner Lot, Flood Zone, On Busline
Amenities / Utilities
Hot Water Electricity
Sewer/ Septic Public Sewer
Water Source Public Water
Location
County Multnomah
Area 144 - Gresham, Sandy, Troutdale, Corbett
Elementary School North Gresham
Middle School Clear Creek
High School Gresham
Zoning TDLR
Directions Corner Of 208th & SE Stark St
APN R207633
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 1500
Unit Type 2: Rent 1500
Total # of Units 2
Gross Rent Multiplier 12.65
Net Operating Income 23774
Operating Expense 9826
Gross Income 33600
Cap Rate 5.59
Lot/ Land Details
Road Surface Paved
We are not permitted to show value estimates for this property.
  • Nov 2022
    mls logo MLS # 22403499
  • Nov 3, 2022 Sold
    $430,000 (+1.2%)
  • Oct 9, 2022 Pending
    —
  • Sep 28, 2022 Price Change
    $425,000 (-3.4%)
  • Sep 20, 2022 Listed
    $440,000 (-4.3%)
  • Sep 10, 2022 Listed
    $460,000
  • 509 SE 208th Ave
    $430K
  • Gresham-North Central
    $490K +15% y/y
  • 97030
    $420K -5% y/y
  • Gresham
    $506K -1% y/y
No chart available
Statistics calculated by Movoto

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1/10
Clear Creek Middle School
public Grades 6-8
Gresham-Barlow School District 10j
3/10
Gresham High School
public Grades 9-12
Gresham-Barlow School District 10j
Source: GreatSchools.org © 2026. All rights reserved.

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  • 509 SE 208th Ave
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