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933 SE Rene Ave, Gresham, OR 97080

  • $515,000

  • —

    bed

  • —

    bath

  • 1,786

    Sqft ($288/Sqft)

Multi-family for sale 11 days
Movoto is helping 15 homebuyers near you

About 933 SE Rene Ave

Property type Multi-family
Neighborhood
Year built 1978
HOA fee $0/month
Lot size 8,276 Sqft
Parking 2 garage spaces
Rental estimate
Property description
Two-unit investment property offering immediate rental income and below-market rent upside. Each unit features 2 bedrooms, 1 bath, washer-dryer hookups, private backyard, and attached garage - amenities that command strong tenant retention in this high-demand Gresham rental corridor. Both units occupied; current combined rent $3,025/month with room to grow to market. Located near schools, parks, transit, and shopping. Sale subject to interior inspection upon accepted offer. Please do not disturb tenants, drive-by only. Exterior photos current; interior photos are from prior to current tenancy.
Listed by
Listing Agent - Shannon Dooley
Listing Office - Think Real Estate
Source: RMLS mls logo
MLS#476797140 • last updated 1 week ago
Movoto checked RMLS for data 2 minutes ago
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Overview
Heating Baseboard
MLS # 476797140
Type Multi Family
Status Active
Lot Size (SqFt) 8276
Lot Size (Acres) 0.19
Property Tax 4838
Year Built 1978
Exterior
Roof Composition
# Garage Spaces 2
Exterior Features Stone, T111Siding
Lot Desc Level
Amenities / Utilities
Hot Water Electricity
Sewer/ Septic Public Sewer
Water Source Public Water
Location
County Multnomah
Subdivision HOGAN CEDARS
Area 144 - Gresham, Sandy, Troutdale, Corbett
Elementary School Hogan Cedars
Middle School Dexter McCarty
High School Gresham
Zoning MDR12
Directions SE Powell Valley Rd.
APN R253608
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 1530
Unit Type 2: Rent 1495
Total # of Units 2
Gross Rent Multiplier 13.97
Operating Expense Scheduled 6011
Net Operating Income 27671
Operating Expense 9196
Gross Scheduled Income 36871
Gross Income 36867
Cap Rate 5.37
Net Scheduled Income 30860
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.

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  • Real Estate
  • OR
  • Multnomah County
  • Gresham
  • 97080
  • Hogan Cedars
  • 933 SE Rene Ave

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