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Sold on 11/30/2020
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804 SE Cochran Dr, Gresham, OR 97080

  • $603,000

    Last sold 11/30/2020 for $449K

  • —

    bed

  • —

    bath

  • 2,128

    Sqft ($211/Sqft)

Multi-family not for sale
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About 804 SE Cochran Dr

Property type Multi-family
Neighborhood
Year built 1978
HOA fee $0/month
Movoto estimate
Rental estimate
Property description
Great investment property on a corner lot in a quiet Gresham neighborhood! Near to park, shopping, and schools. Both units have been maintained extremely well, unit 804 has had a kitchen remodel, bathroom upgrades, newer water heater, newer interior paint, new heaters. Unit 814 has had updates in the bathroom. Exterior paint on entire structure in 2020. Gutter helmet system. Tenants are on month to month leases, would like to stay, one tenant has been renting since 2007. Don't miss this one!
Listed by
Listing Agent - Aaron Rader
Listing Office - Redfin
Source: RMLS mls logo
MLS#20284387 • last updated 5 years ago
Movoto checked RMLS for data 8 minutes ago
Overview
Heating Zoned
MLS # 20284387
Type Multi Family
Status Sold
Property Tax 4371.22
Year Built 1978
Exterior
Roof Composition
Exterior Features Board & Batten Siding, Cement Siding, Wood Siding
Lot Desc Corner Lot
Amenities / Utilities
Hot Water Electricity, Tank
Sewer/ Septic Public Sewer
Water Source Public Water
Location
County Multnomah
Area 144 - Gresham, Sandy, Troutdale, Corbett
Elementary School Hogan Cedars
Middle School Dexter McCarty
High School Gresham
Zoning MDR-12
Directions SE Palmquist To N On SE Cochran
APN R164258
Multifamily Details
Unit Type 1: # Bedrooms 3
Unit Type 1 : Total Baths 2
Unit Type 2: # Bedrooms 3
Unit Type 2: Total Baths 2
Unit Type 1: Rent 1575
Unit Type 2: Rent 1375
Total # of Units 2
Gross Rent Multiplier 12.71
Net Operating Income 14055
Operating Expense 18455
Gross Income 35400
Cap Rate 3.12
Net Scheduled Income 16955
Lot/ Land Details
Road Surface Paved
$603K
Range: $530K-$675K
Last 30 days 
Rental est.: $1,250/month
Gross rent multiplier: 30.0
  • Jan 2021
    mls logo MLS # 20284387
  • Jan 12, 2021 Sold
    $449,900
  • Oct 18, 2020 Pending
    —
  • Oct 14, 2020 Listed
    $449,900
  • 804 SE Cochran Dr
    $449K
  • Hogan Cedars
    $450K -3% y/y
  • 97080
    $545K 0% y/y
  • Gresham
    $502K -2% y/y
No chart available
Statistics calculated by Movoto

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5/10
Hogan Cedars Elementary School
public Grades K-5
Gresham-Barlow School District 10j
2/10
Dexter Mccarty 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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  • 804 SE Cochran Dr
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