Movoto Real Estate
Sold on 11/25/2024
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830 NW Division St, Gresham, OR 97030

  • $488,022

    Last sold 11/25/2024 for $550K

  • bed

  • bath

  • 1,704

    Sqft ($323/Sqft)

Multi-family not for sale
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About 830 NW Division St

Property type Multi-family
Neighborhood
Year built 1965
HOA fee $0/month
Lot size 6,969 Sqft
Movoto estimate
Rental estimate
Property description
Attention savvy investors! If you’re on the hunt for a fully furnished, ready-to-go Airbnb that promises immediate positive cash flow, look no further! Proudly present not one, but two exceptional properties that are primed for success. This charming duplex is ideally situated just steps from Gresham Station and a short stroll to the vibrant downtown Gresham, combining convenience with undeniable charm. Each unit has been meticulously maintained, reflecting a commitment to quality and comfort that is sure to impress your guests. With an array of recent modern updates throughout, the property offers a stylish and functional experience for all who stay.The thoughtfully designed layouts promote privacy and comfort, making each unit feel like a true home away from home. Guests can also enjoy their own private outdoor spaces, complete with patios and yards, perfect for relaxation in an inviting outdoor setting. To enhance overall convenience, a covered carport provides designated parking and additional storage.With its unbeatable location and impressive amenities, this duplex embodies the essence of a turn-key investment. Discover the potential for lucrative returns while offering guests a delightful stay in this charming community. Don’t let this incredible opportunity pass you by! Ready to take the first step toward a profitable investment, here it is!
Listed by
Listing Agent - Amy Cerruti
Listing Agent Contact: 503-806-7502
Listing Office - eXp Realty, LLC
Source: RMLS mls logo
MLS#24124456 • last updated 1 year ago
Movoto checked RMLS for data 8 minutes ago
Overview
Cooling/AC Mini Split
Heating MiniSplit, WallHeater
MLS # 24124456
Type Multi Family
Status Sold
Lot Size (SqFt) 6969
Lot Size (Acres) 0.16
Property Tax 4559.55
Year Built 1965
Exterior
Roof Composition
# Parking Spaces 2
Exterior Features Other
Lot Desc Level
Amenities / Utilities
Hot Water Electricity
Sewer/ Septic Public Sewer
Water Source Public Water
Location
County Multnomah
Area 144 - Gresham, Sandy, Troutdale, Corbett
Elementary School East Gresham
Middle School Dexter McCarty
High School Gresham
Zoning TLDR
Directions NE 223rd Ave, NW Division
APN R293305
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 2083
Unit Type 2: Rent 2083
Total # of Units 2
Gross Rent Multiplier 10.9
Net Operating Income 43838
Operating Expense 6310
Gross Income 50000
Cap Rate 8.04
Lot/ Land Details
Road Surface Concrete, Paved
$488K
Range: $439K-$536K
Last 30 days 
Rental est.: $1,046/month
Gross rent multiplier: 43.4
  • Dec 2024
    mls logo MLS # 24124456
  • Dec 27, 2024 Sold
    $550,000 (+0.9%)
  • Nov 25, 2024 Pending
  • Nov 14, 2024 Listed
    $545,000
  • 830 NW Division St
    $550K
  • Gresham-Northwest
    $465K +16% y/y
  • 97030
    $425K 0% y/y
  • Gresham
    $502K -2% y/y
No chart available
Statistics calculated by Movoto

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3/10
Source: GreatSchools.org © 2026. All rights reserved.

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