3970 NE 8TH ST Gresham, OR97030

$370,000
2 total units
4 total bedrooms
2 total bathrooms
$27,600 annual income
Capitilization Rate: 6.22
1620 total sq. ft
7,000 to 9,999 SqFt
Elementary School: Powell Valley
Middle School: Gordon Russell
High School: Sam Barlow
Zoning: LDR-7
970 days on market

VestorFilter™

Price per unit$185K/unit
Price per ft²$228.40/ft²
Price per acre$2.25M/ac
Price per bedroom$92.5K/bed
Time on market970 days
Smart Fixer ListYes

Property Description

2 bedroom duplex located on corner lot in Mt Hood Community College area of Gresham. Wonderful rental. Long term 12 and 15 yr renters. Back yard and attached Garage space too. Newer roof approx 4 years old. Needs some TLC on left side (priced accordingly) sold as is. 2nd duplex is also available for sale across street on 8th. Buy both today! Rent includes sewer and water.

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Financial Data

Date Sold2021-08-27
Sold Price$370,000
Original Price$349,999
Current Price$370,000
Property Taxes$4,046

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Home Facts

StatusSold
Year Built1975
Stories1
Exterior Features
MLS ID21157537

Unit Details

Unit 1
Unit 2