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Sold on 07/23/2024
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619 SE 208th Ave, Gresham, OR 97030

  • $460,000

    Last sold 07/23/2024 after 4 Days

  • —

    bed

  • —

    bath

  • 2,072

    Sqft ($222/Sqft)

Multi-family not for sale
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About 619 SE 208th Ave

Property type Multi-family
Neighborhood
Year built 1971
HOA fee $0/month
Lot size 7,840 Sqft
Parking 2 garage spaces
Rental estimate
Property description
Duplex - exterior just painted. Each Unit has newer mini-split heat pump for heat/air, 2 bedrooms, a sunken living room, with fireplace, built-in appliances, private fenced yard, utility room with storage, backs to green way. 2 car garage. Great location, close to public transportation. One unit is vacant and ready to rent at market rate, the other is occupied with long time renter - below market rent can be increased for better return. Fantastic opportunity.
Listed by
Listing Agent - Marcus Fullard-Leo
Listing Office - Village Realty Inc.
Source: RMLS mls logo
MLS#24043068 • last updated 1 year ago
Movoto checked RMLS for data 5 minutes ago
Overview
Cooling/AC Mini Split
Heating Mini Split
MLS # 24043068
Type Multi Family
Status Sold
Lot Size (SqFt) 7840
Lot Size (Acres) 0.18
Property Tax 4309.08
Year Built 1971
Exterior
Roof Composition
# Garage Spaces 2
Exterior Features BoardBattenSiding, Stone
Amenities / Utilities
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 MDR-12
Directions SE Stark, South On 208th
APN R207638
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 1140
Total # of Units 2
Gross Rent Multiplier 32.89
Operating Expense Scheduled 8313
Net Operating Income 5367
Operating Expense 8313
Gross Scheduled Income 36000
Gross Income 13680
Cap Rate 1.19
Net Scheduled Income 27687
Lot/ Land Details
Road Surface Paved
We are not permitted to show value estimates for this property.
  • Jul 2024
    mls logo MLS # 24043068
  • Jul 19, 2024 Listed
    $449,900
  • 619 SE 208th Ave
    $460K
  • Gresham-North Central
    $445K +3% y/y
  • 97030
    $425K 0% y/y
  • Gresham
    $502K -2% 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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  • 619 SE 208th Ave
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