804 SE COCHRAN DR Gresham, OR97080

$449,900
2 total units
6 total bedrooms
4 total bathrooms
$35,400 annual income
Capitilization Rate: 3.12
2128 total sq. ft
7,000 to 9,999 SqFt
Elementary School: Hogan Cedars
Middle School: Dexter McCarty
High School: Gresham
Zoning: MDR-12
1261 days on market
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Price per unit$225K/unit
Price per ft²$211.42/ft²
Price per acre$2.74M/ac
Price per bedroom$75K/bed
Time on market1261 days

Property Description

Great investment property on a corner lot in a quiet Gresham neighborhood! Near to park, shopping, and schools. Both units have been maintained extremely well, unit 804 has had a kitchen remodel, bathroom upgrades, newer water heater, newer interior paint, new heaters. Unit 814 has had updates in the bathroom. Exterior paint on entire structure in 2020. Gutter helmet system. Tenants are on month to month leases, would like to stay, one tenant has been renting since 2007. Don't miss this one!

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Financial Data

Date Sold2021-01-12
Sold Price$449,900
Original Price$449,900
Current Price$449,900
Property Taxes$4,371

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Home Facts

StatusSold
Year Built1978
Stories2
Exterior Features
MLS ID20284387

Unit Details

Unit 1
Unit 2