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MICHELLE MENDOLA

michelle@pdxpearlrealtor.com +1(971) 352-1513

Listed by Real Broker • pdxsally@gmail.com

$ 815,000

Est. payment | -/mo

3,840 SqFt

Save

$ 815,000

Est. payment | -/mo

Save

3,840 SqFt

Key Details

Property Type Multi-Family

Listing Status Active

Purchase Type For Sale

Square Footage 3,840 sqft

Price per Sqft $212

MLS Listing ID 336267263

HOA Y/N No

Year Built 2003

Annual Tax Amount $9,612

Tax Year 2025

Lot Size 0.330 Acres

Property Description

Fully leased 4-unit multifamily asset delivering immediate cash flow with strong retention. Each of the four units offers 2 bedrooms, 1.5 bathrooms, and 960 square feet with a thoughtful, open-concept layout featuring spacious living and dining areas, well-equipped kitchens, in-unit washer and dryer, and desirable private outdoor spaces (decks for upper units, patios for lower units) enhancing rental appeal and stability.Low-maintenance investment with newer roof (~1 year) and consistent upkeep. Located near Historic Downtown Gresham, Gresham Station, parks, and MAX Blue Line, supporting long-term rental demand. Walk Score 75, Bike 79, Transit 56. Ideal for investors seeking stable income with upside potential. For Google Maps directions use address: 1568 NE Cleveland Ave, Gresham, OR 97030

Location

State OR

County Multnomah

Community Alllandscaping

Area _144

Zoning MDR-24

Rooms

Basement None

Interior

Heating Wall Heater

Exterior

Community Features AllLandscaping

View Trees Woods

Roof Type Composition

Garage No

Building

Lot Description Flag Lot, Level, Private

Story 2

Foundation Slab

Sewer Public Sewer

Water Public Water

Level or Stories 2

Schools

Elementary Schools Highland

Middle Schools Clear Creek

High Schools Gresham

Others

Acceptable Financing CallListingAgent, Cash, Conventional

Listing Terms CallListingAgent, Cash, Conventional

Regional Multiple Listing Service (RMLS)

Nearby Locations

"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(971) 352-1513

michelle@pdxpearlrealtor.com

2175 NW Raleigh St Ste 110, Portland, Oregon, 97210, USA

1546 NE CLEVELAND AVE Gresham, OR 97030