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850 W Powell Blvd, Gresham, OR 97030

  • $455,000

  • —

    bed

  • —

    bath

  • 1,768

    Sqft ($257/Sqft)

Multi-family for sale 35 days
Movoto is helping 15 homebuyers near you

About 850 W Powell Blvd

Property type Multi-family
Neighborhood
Year built 1973
HOA fee $0/month
Lot size 8,712 Sqft
Rental estimate
Property description
Outstanding Investment Opportunity in Gresham! This updated duplex offers immediate cash flow with both units occupied by long-term tenants. A true turnkey investment, this property combines updates with reliable rental income, making it an excellent addition to any portfolio. Ideally situated near shopping, dining, parks, schools, and public transportation. Whether you’re a seasoned investor or just beginning to build your portfolio, this duplex presents an exceptional opportunity for steady income and long-term appreciation. Please do not disturb tenants. Interior inspections are subject to accepted offer.
Listed by
Listing Agent - Yarina Romanyuk
Listing Agent Contact: 503-593-0634
Listing Office - MORE Realty
Source: RMLS mls logo
MLS#561157768 • last updated 1 month ago
Movoto checked RMLS for data 28 minutes ago
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Overview
Heating Baseboard
MLS # 561157768
Type Multi Family
Status Active
Lot Size (SqFt) 8712
Lot Size (Acres) 0.2
Property Tax 4971.42
Year Built 1973
Exterior
Roof Composition, Shingle
# Parking Spaces 4
Exterior Features Wood Composite
Lot Desc Level, Private
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 C2-4
Directions West On Powell Blvd, Property On Left Past Eastman Parkway
APN R142378
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 1500
Unit Type 2: Rent 1500
Total # of Units 2
Gross Rent Multiplier 12.64
Net Operating Income 27000
Operating Expense 9000
Gross Income 36000
Cap Rate 5.93
Lot/ Land Details
Road Surface Paved
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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.

Around Holly Brook

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Pet
  • Real Estate
  • OR
  • Multnomah County
  • Gresham
  • 97030
  • Holly Brook
  • 850 W Powell Blvd

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