Overview
- 2.0
- 2108 Sqft
- 1957
- MultiFamily
- 147490588
- 0.19 Acres
- Real Broker
- Daniela Sardo
Description
Turnkey Gresham Duplex: Two Units, Two Garages, One great Corner Lot! Clean, well-maintained duplex in a great neighborhood location, home to long-term residents. This is an excellent first-time investment opportunity in Gresham’s Newell Park neighborhood, built in 1957, on a .19-acre corner lot. Two 2-bed/1-bath units, sharing one detached double garage with a divider wall giving each unit its own space, plus a walk-through door on the back unit’s side for direct access. Six total off-street parking spaces (two garage, four driveway), giving each unit 3 tandem spaces, plenty of room for tenants and guests. Total 2,100 SF includes a 336 SF basement in the back unit, with potential to convert to a legal bedroom with a window well (buyer to verify). Both units are currently rented month-to-month. Separate gas and electric meters mean tenants cover their own gas and electric; owner covers water, sewer, and landscaping. The back unit has been refreshed with new LVP flooring, fresh interior paint, a gas range, and owner-provided washer/dryer and refrigerator, plus its own enclosed yard. The front unit is carpeted with washer/dryer hookups and an owner-provided refrigerator, and is home to a long-term tenant who’s been in place for years, low turnover, reliable income. Roof has been well maintained. The property is zoned mixed use, opening the door to options beyond straight residential. Being on a corner lot means real visibility, exposure most duplexes this size just don’t get. Financials: see MLS income data for full details. A solid, first-time investment opportunity with room to grow. Location does a lot of the work here too: a short drive to Mt. Hood Community College, close to Mt. Hood Medical Center, and right on a bus route. Call your agent, this one won’t last at $499,900.
Details
Updated on September 3, 2026 at 7:12 am-
MLS# 147490588
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Price $499,900
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Property Size 2108 Sqft
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Land Area 0.19 Acres
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Car Garage 2.0
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Garage Size x x
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Year Built 1957
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Property Type MultiFamily
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Property Status Active
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Office Name Real Broker
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Agent Name Daniela Sardo
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Office Phone 855-450-0442
Additional details
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Listing Terms Cash, Conventional, FHA, VALoan
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Roof Composition
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Sewer Public Sewer
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Cooling None, Window Unit
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Heating Forced Air
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County Multnomah
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Property Type MultiFamily
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Parking Driveway, Garage
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Elementary School North Gresham
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Middle School Clear Creek
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High School Gresham
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Community Features Front Yard Landscaping
Walkscore
Mortgage Calculator
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Down Payment
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Loan Amount
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Monthly Mortgage Payment
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PMI
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Monthly HOA Fees
Contact Information
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