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Sold on 11/16/2023
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685 NW Angeline Ave, Gresham, OR 97030

  • $553,500

    Last sold 11/16/2023 after 97 Days

  • —

    bed

  • —

    bath

  • 3,164

    Sqft ($175/Sqft)

Multi-family not for sale
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About 685 NW Angeline Ave

Property type Multi-family
Neighborhood
Year built 1944
HOA fee $0/month
Rental estimate
Property description
Great opportunity for a well-maintained Gresham TriplexUnit 1 (685) was built in 1949 and is a 3 bed 1.5 bath with 1280 sqft. This unit had the heating system replaced with a heat pump.Unit 2 (693) was built in 1944 and is a 1 bed 1 bath with 628 sqft of livable space and a 628 sqft full basement. Home has a newer gas fireplace with full mantle.Unit 3 (697) was built in 1944 and is a 1 bed 1 bath 628 sqft. Home has a newer gas fireplace with full mantle.All units have had their water pipes replaced with new pex piping. This property can be subdivided into 2 lots for a possible 1 to 4 more units. Buyer to do their own due diligence.Property is only 2 blocks from Bella Vista Park
Listed by
Listing Agent - Brian Whistler
Listing Office - Premiere Property Group, LLC
Source: RMLS mls logo
MLS#23176742 • last updated 2 years ago
Movoto checked RMLS for data Just now
Overview
Heating Heat Pump
MLS # 23176742
Type Multi Family
Status Sold
Property Tax 4432.78
Year Built 1944
Exterior
Roof Composition
Exterior Features Cement Siding, Lap Siding
Lot Desc Level
Amenities / Utilities
Hot Water Electricity
Sewer/ Septic Public Sewer
Water Source Public Water
Location
County Multnomah
Subdivision East Hill
Area 144 - Gresham, Sandy, Troutdale, Corbett
Elementary School Hollydale
Middle School Dexter McCarty
High School Gresham
Zoning L.DR
Directions Division South On Angeline To Property.
APN R338717
Multifamily Details
Unit Type 3: Total Baths 1
Unit Type 1: # Bedrooms 3
Unit Type 1 : Total Baths 2
Unit Type 2: # Bedrooms 1
Unit Type 3: # Bedrooms 1
Unit Type 2: Total Baths 1
Unit Type 1: Rent 1400
Unit Type 3: Rent 800
Unit Type 2: Rent 600
Total # of Units 3
Gross Rent Multiplier 16.37
Operating Expense Scheduled 11338
Net Operating Income 25262
Operating Expense 8338
Gross Scheduled Income 56280
Gross Income 33600
Cap Rate 4.59
Net Scheduled Income 44942
Lot/ Land Details
Road Surface Paved
We are not permitted to show value estimates for this property.
  • Jan 2024
    mls logo MLS # 23176742
  • Jan 22, 2024 Sold
    $553,500 (+0.6%)
  • Nov 17, 2023 Pending
    —
  • Nov 8, 2023 Listed
    $549,999 (-7.6%)
  • Nov 4, 2023 Pending
    —
  • Oct 24, 2023 Price Change
    $594,999 (-4.7%)
  • Aug 11, 2023 Listed
    $624,500
  • 685 NW Angeline Ave
    $553K
  • Gresham-Northwest
    $465K +17% y/y
  • 97030
    $425K -4% y/y
  • Gresham
    $502K -2% y/y
No chart available
Statistics calculated by Movoto

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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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  • 685 NW Angeline Ave
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