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
Original Price$460,000
Current Price$425,000
Property Taxes$4,130

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Home Facts

StatusSold
Year Built1970
Stories1
Exterior Features
MLS ID22403499

Unit Details

Unit 1
Unit 2