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Listed by RE/MAX Equity Group
$440,000
Est. payment /mo
1,588 SqFt
New
19570 SE YAMHILL ST Gresham, OR 97233
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Key Details
Property Type Multi-Family
Listing Status Active
Purchase Type For Sale
Square Footage 1,588 sqft
Price per Sqft $277
Subdivision Anniversary Park
MLS Listing ID 415569253
HOA Y/N No
Year Built 1963
Annual Tax Amount $4,208
Tax Year 2025
Lot Size 8,712 Sqft
Property Description
Excellent Investment Opportunity! Duplex situated on a large 8,519 sq. ft. corner lot just one block from MAX for convenient commuting. Long-term ownership of over 20 years with excellent rental history.Unit #1 features 2 bedrooms, 1 bath, newer range & refrigerator, laminate flooring and inside utility room with washer/dryer hookups, utility sink and storage cabinets. Large fenced yard is separated from the adjoining unit for added privacy. Enclosed and gated carport provides additional storage plus a separate storage shed.Unit #2 offers a similar 2-bedroom, 1-bath floor plan plus a bonus room that could provide flexible space for an office, den or potential 3rd bedroom (no closet). Also includes inside utility, fenced yard, enclosed/gated carport and storage.Major improvements include NEW roof & gutters in 2023 and NEW vinyl windows in 2019. Exterior is ready for fresh paint and your personal touch.One unit is currently vacant for easy viewing. Long-term tenant in occupied unit has been there approximately 20+ years and currently pays $1,100/month, reflecting reduced rent in consideration of assistance with yard/property care. Vacant unit most recently rented for $1,600/month. Current rents indicate potential rental upside. Great opportunity for investor or owner-occupant looking to build equity and generate income!
Location
State OR
County Multnomah
Area _144
Zoning 1101
Interior
Heating Wall Heater
Cooling None
Exterior
Roof Type Composition
Garage No
Building
Lot Description Corner Lot, Level, Trees
Story 1
Foundation Concrete Perimeter
Sewer Public Sewer
Water Public Water
Level or Stories 1
Schools
Elementary Schools Davis
Middle Schools Reynolds
High Schools Reynolds
Others
Acceptable Financing Cash, Conventional, FHA
Listing Terms Cash, Conventional, FHA
NEARBY SCHOOL & BUSINESS