Movoto Real Estate
Sold on 04/13/2022
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633 SE 212th Ave, Gresham, OR 97030

  • $405,000

    Last sold 04/13/2022 after 129 Days

  • bed

  • bath

  • 1,728

    Sqft ($234/Sqft)

Multi-family not for sale
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About 633 SE 212th Ave

Property type Multi-family
Neighborhood
Year built 1971
HOA fee $0/month
Rental estimate
Property description
BOM through no fault of seller. Great investment property centrally located with convenient freeway access and one block from public transportation. Duplex with 2 bedroom, 1 bath units. Steady, long term renters in place. Roof replaced in July, 2020. Exterior painted July, 2020. One side recently updated. Rents are below market level. Please do not disturb tenants.
Listed by
Listing Agent - Greg Lange
Listing Agent Contact: 360-448-0545
Listing Office - MORE Realty
Source: RMLS mls logo
MLS#21622497 • last updated 2 years ago
Movoto checked RMLS for data 27 minutes ago
Overview
Heating Baseboard
MLS # 21622497
Type Multi Family
Status Sold
Property Tax 3702
Year Built 1971
Exterior
Roof Composition
Exterior Features Brick, T-111 Siding
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 MR3
Directions SE Stark Street To SE 212th. South To Location On West Side
APN R207661
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 1100
Unit Type 2: Rent 900
Total # of Units 2
Gross Rent Multiplier 17.08
Operating Expense Scheduled 6038
Net Operating Income 17962
Operating Expense 6038
Gross Scheduled Income 28800
Gross Income 24000
Cap Rate 4.38
Net Scheduled Income 22762
Lot/ Land Details
Road Surface Paved
  • May 2022
    mls logo MLS # 21622497
  • May 25, 2022 Sold
    $405,000 (+1.3%)
  • Dec 17, 2021 Pending
  • Dec 5, 2021 Listed
    $399,900

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Nearby homes for sale in Gresham, OR

  • Real Estate
  • OR
  • Multnomah County
  • Gresham
  • 97030
  • Gresham-North Central
  • 633 SE 212th Ave
We are not permitted to show value estimates for this property.

Nearby recently sold homes in Gresham, OR

  • 633 SE 212th Ave
    $405K
  • Gresham-North Central
    $425K -1% y/y
  • 97030
    $425K 0% y/y
  • Gresham
    $499K -2% y/y
No chart available
Statistics calculated by Movoto
2/10
North Gresham Elementary School
public Grades K-5
Gresham-Barlow School District 10j
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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