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Sold on 06/08/2022
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840 NW Earl Ave, Gresham, OR 97030

  • $1,130,107

    Last sold 06/08/2022 for $903K

  • —

    bed

  • —

    bath

  • 4,511

    Sqft ($200/Sqft)

Multi-family not for sale
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About 840 NW Earl Ave

Property type Multi-family
Neighborhood
Year built 1959
HOA fee $0/month
Movoto estimate
Rental estimate
Property description
One level 6 plex in an unbeatable location nestled next to the max and short walk to downtown Gresham's shops, restaurants and farmers market. Functional ranch style that easy to maintain on 10,600 sqft lot. Back patios with storage. Off street parking. Laundry room. Owner pays sewer & garbage, and yard maintenance. Tons of room for improvements with rents well below market. Bring your investors.
Listed by
Listing Agent - Haris Wolfgang
Listing Office - Premiere Property Group, LLC
Source: RMLS mls logo
MLS#22678875 • last updated 3 years ago
Movoto checked RMLS for data 4 minutes ago
Overview
Cooling/AC None
Heating Baseboard
MLS # 22678875
Type Multi Family
Status Sold
Property Tax 7895.94
Year Built 1959
Exterior
Roof Composition
Exterior Features Block
Lot Desc Corner Lot, Level
Amenities / Utilities
Hot Water Electricity
Sewer/ Septic Public Sewer
Water Source Public Water
Location
County Multnomah
Community Features Laundry
Subdivision DOWNTOWN GRESHAM
Area 144 - Gresham, Sandy, Troutdale, Corbett
Elementary School Highland
Middle School Clear Creek
High School Gresham
Zoning DCC
Directions Division, South On Main, Right On 8th, Right On Earl
APN R134760
Multifamily Details
Unit Type 3: Total Baths 1
Unit Type 1: # Bedrooms 1
Unit Type 6: # Bedrooms 2
Unit Type 1 : Total Baths 1
Unit Type 5: # Bedrooms 2
Unit Type 2: # Bedrooms 1
Unit Type 3: # Bedrooms 2
Unit Type 6: Total Baths 1
Unit Type 4: Total Baths 1
Unit Type 2: Total Baths 1
Unit Type 4: # Bedrooms 2
Unit Type 5: Total Baths 1
Unit Type 6: Rent 800
Unit Type 1: Rent 840
Unit Type 4: Rent 700
Unit Type 3: Rent 910
Unit Type 2: Rent 780
Unit Type 5: Rent 900
Total # of Units 6
Gross Rent Multiplier 14.2
Net Operating Income 33514
Operating Expense 25646
Gross Income 59160
Cap Rate 3.99
Lot/ Land Details
Road Surface Paved
  • Sep 2022
    mls logo MLS # 22678875
  • Sep 14, 2022 Sold
    $903,000 (+7.5%)
  • Jun 8, 2022 Pending
    —
  • Jun 3, 2022 Listed
    $840,000

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Nearby homes for sale in Gresham, OR

  • Real Estate
  • OR
  • Multnomah County
  • Gresham
  • 97030
  • Downtown Gresham
  • 840 NW Earl Ave
$1.13M
Range: $1.01M-$1.24M
Last 30 days 
Rental est.: $1,050/month
Gross rent multiplier: 66.7

Nearby recently sold homes in Gresham, OR

  • 840 NW Earl Ave
    $903K
  • Downtown Gresham
    $340K -13% y/y
  • 97030
    $425K 0% y/y
  • Gresham
    $499K -2% y/y
No chart available
Statistics calculated by Movoto
2/10
Highland 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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