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Sold on 06/10/2023
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510 SE 208th Ave, Gresham, OR 97030

  • $454,000

    Last sold 06/10/2023 for $414K

  • —

    bed

  • —

    bath

  • 2,072

    Sqft ($200/Sqft)

Multi-family not for sale
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About 510 SE 208th Ave

Property type Multi-family
Neighborhood
Year built 1970
HOA fee $0/month
Movoto estimate
Rental estimate
Property description
Opportunity knocks. Rents are going up all over. Neat and tidy duplex in popular area. Spacious 2 bedroom units with fireplace and open floorplan. Laundry with washer and dryer. Roof is just a couple of years old. With a little TLC these will be money makers.
Listed by
Listing Agent - Stephen Weber
Listing Agent Contact: Neportland@johnlscott.com
Listing Office - John L. Scott NE Portland
Source: RMLS mls logo
MLS#23238681 • last updated 2 years ago
Movoto checked RMLS for data 6 minutes ago
Overview
Cooling/AC Wall Unit(s)
Heating Baseboard
MLS # 23238681
Type Multi Family
Status Sold
Property Tax 4236.39
Year Built 1970
Exterior
Roof Composition
# Parking Spaces 2
Exterior Features Vinyl Siding
Lot Desc Corner Lot, Level, On Busline
Amenities / Utilities
Hot Water Electricity
Sewer/ Septic Public Sewer
Water Source Public Water
Location
County Multnomah
Subdivision NORTH GRESHAM
Area 144 - Gresham, Sandy, Troutdale, Corbett
Elementary School North Gresham
Middle School Clear Creek
High School Gresham
Zoning TLDR
Directions East On SE Stark Street To 208th Avenue
APN R207643
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 1400
Unit Type 2: Rent 1400
Total # of Units 2
Gross Rent Multiplier 11.88
Net Operating Income 22000
Operating Expense 4600
Gross Income 33600
Cap Rate 5.51
Lot/ Land Details
Road Surface Paved
$454K
Range: $413K-$494K
Last 30 days 
Rental est.: $1,007/month
Gross rent multiplier: 33.0
  • Jul 2023
    mls logo MLS # 23238681
  • Jul 15, 2023 Sold
    $414,710 (+3.9%)
  • Jun 10, 2023 Pending
    —
  • Jun 5, 2023 Listed
    $399,000
  • 510 SE 208th Ave
    $414K
  • 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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  • 510 SE 208th Ave
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