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877 SE Francis Ave, Gresham, OR 97080

  • $515,000

    •

  • —

    bed

  • —

    bath

  • 1,976

    Sqft ($261/Sqft)

Multi-family pending
Movoto is helping 15 homebuyers near you

About 877 SE Francis Ave

Property type Multi-family
Neighborhood
Year built 1978
HOA fee $0/month
Lot size 8,712 Sqft
Movoto estimate
Parking 2 garage spaces
Rental estimate
Property description
Great investment oppertunity with long term tenants that would love to stay. This duplex sits on the out skirts of Gresham and is conveniently located next to a bus line. Each unit offers 2 bedrooms, 1 bathroom, washer/dryer in unit, vaulted ceilings in livingroom, one car detached garage, and a new roof in 2026.Interior access will be provided after an accepted offer.
Listed by
Listing Agent - Jodi Buresh
Listing Office - Powell Team Real Estate
Source: RMLS mls logo
MLS#310368756 • last updated 1 day ago
Movoto checked RMLS for data 23 minutes ago
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Overview
Cooling/AC None
Heating Wall Heater
MLS # 310368756
Type Multi Family
Status Pending
Lot Size (SqFt) 8712
Lot Size (Acres) 0.2
Property Tax 5282.34
Year Built 1978
Exterior
Roof Composition
# Parking Spaces 2
# Garage Spaces 2
Exterior Features Vinyl Siding
Lot Desc Corner Lot
Amenities / Utilities
Hot Water Electricity
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 Ninth St
APN R139159
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 1450
Unit Type 2: Rent 1425
Total # of Units 2
Gross Rent Multiplier 14.93
Operating Expense Scheduled 8582
Net Operating Income 31200
Operating Expense 8582
Gross Scheduled Income 35700
Gross Income 34500
Cap Rate 6.06
Net Scheduled Income 32400
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 Hogan Cedars

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54/100
Walk
91/100
Family
63/100
Dining
87/100
Pet
  • Real Estate
  • OR
  • Multnomah County
  • Gresham
  • 97080
  • Hogan Cedars
  • 877 SE Francis Ave

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