509 SE 208TH AVEGresham, OR97030
$425,000
2 total units
$33,600 annual income
Capitilization Rate: 5.59
2048 sq. ft
SqFt7000to9999
Elementary School: North Gresham
Middle School: Clear Creek
High School: Gresham
Zoning: TDLR
593 days on market
VestorFilter™
Price per unit$212.5K/unit
Price per ft²$207.52/ft²
Recent price drop$15,000
Time on market593 days
Property Description
Spacious & vacant one level Gresham duplex with 2 bed 1 bath units! Living rooms w/ wood pellet stoves, dining areas, laundry rooms off the kitchen and each their own parking, fenced yards w/ storage units. Fresh interior paint in both units and new carpeting in one, with a little TLC these vacant units will be ready to rent at market rate! Great for an owner occupy or rental investment opportunity!
{{ compliance-logo }}Listing Provided By Alameda Realty
Financial Data
Date Sold2022-11-03
Sold Price$430,000
Price ChangeDropped $15,000 on 11/04/2022
Total $35,000 drop
Total $35,000 drop
Original Price$460,000
Current Price$425,000
Property Taxes$4,130
Find On Map
Home Facts
StatusSold
Year Built1970
Exterior Features
MLS ID22403499
Unit Details
Unit 1
Unit 2