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Sold on 08/02/2019
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40100 Mccormick Dr, Sandy, OR 97055

  • $515,000

    Last sold 08/02/2019 for $345K

  • —

    bed

  • —

    bath

  • 2,200

    Sqft ($157/Sqft)

Multi-family not for sale
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About 40100 Mccormick Dr

Property type Multi-family
Neighborhood
Year built 1978
HOA fee $0/month
Movoto estimate
Rental estimate
Property description
Fantastic location and investment opportunity. long term tenants on month to month with tremendous upside potential. 1 unit w/ updates throughout. Other is a blank canvas. Would make a great owner occupied investment property. Each unit includes 1 car garage, 1.5 bath, 2 bed, private fenced backyard, washer/dryer hookups, fireplace and vaulted master.
Listed by
Listing Agent - Alexander Clark
Listing Office - Keller Williams Realty Portland Premiere
Source: RMLS mls logo
MLS#19127838 • last updated 6 years ago
Movoto checked RMLS for data 24 minutes ago
Overview
Heating Forced Air
MLS # 19127838
Type Multi Family
Status Sold
Property Tax 3424.93
Year Built 1978
Exterior
Roof Composition
# Parking Spaces 4
Exterior Features Lap Siding
Lot Desc Level
Amenities / Utilities
Hot Water Gas
Sewer/ Septic Public Sewer
Water Source Public Water
Location
View Trees/Woods
County Clackamas
Area 144 - Gresham, Sandy, Troutdale, Corbett
Elementary School Sandy
Middle School Cedar Ridge
High School Sandy
Zoning Sfr
Directions E On SE Langensand Rd, R On McCormick Dr, Duplex On L
APN 663179
Multifamily Details
Unit Type 1: # Bedrooms 2
Unit Type 1 : Total Baths 2
Unit Type 2: # Bedrooms 2
Unit Type 2: Total Baths 2
Unit Type 1: Rent 1100
Unit Type 2: Rent 600
Total # of Units 2
Gross Rent Multiplier 17.89
Operating Expense Scheduled 4918
Net Operating Income 15482
Operating Expense 4918
Gross Scheduled Income 26400
Gross Income 20400
Cap Rate 4.24
Net Scheduled Income 21082
$515K
Range: $453K-$576K
Last 30 days 
Rental est.: $1,530/month
Gross rent multiplier: 18.8
  • Sep 2019
    Public Records
  • Sep 20, 2019 Sold
    $345,000
  • Sep 2019
    mls logo MLS # 19127838
  • Sep 20, 2019 Sold
    $345,000 (-5.5%)
  • Aug 2, 2019 Pending
    —
  • Jul 30, 2019 Listed
    $365,000 (+52.1%)
  • Sep 2008
    Public Records
  • Sep 29, 2008 Sold
    $240,000 (+37.1%)
  • May 2003
    Public Records
  • May 28, 2003 Sold
    $175,000
  • 40100 Mccormick Dr
    $345K
  • 144 - Gresham, Sandy, Troutdale, Corbett
    —
  • 97055
    $584K -2% y/y
  • Sandy
    $584K -2% y/y
No chart available
Statistics calculated by Movoto

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7/10
Sandy Grade School
public Grades K-5
Oregon Trail School District 46
4/10
Cedar Ridge Middle School
public Grades 6-8
Oregon Trail School District 46
5/10
Sandy High School
public Grades 9-12
Oregon Trail School District 46
Source: GreatSchools.org © 2026. All rights reserved.

Around 144 - Gresham, Sandy, Troutdale, Corbett

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