40
See all 40 photos
Listed by Keller Williams PDX Central
$627,900
Est. payment /mo
2,460 SqFt
Active
4038 SE POWELL VALLEY RD Gresham, OR 97080
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UPDATED:
10/25/2024 02:50 PM
Key Details
Property Type Multi-Family
Listing Status Active
Purchase Type For Sale
Square Footage 2,460 sqft
Price per Sqft $255
Subdivision Kelly Creek
MLS Listing ID 24463018
Year Built 2001
Annual Tax Amount $7,047
Tax Year 2024
Lot Size 7,405 Sqft
Property Description
A SOLID Investment property! Cap rate of 5.57% with a very low vacancy rate of 1%. This desirable property is a townhome style duplex with a great functional floorplan. A smart addition to your investment portfolio. The seller is the original owner. It has been well cared for inside and out. Each unit has 3 good size bedrooms, 2.5 baths, wall to wall carpet, newer roof 10/2018, newer LVP floors (4038)-2022 & vinyl floors in 2018 (4048) for easy care and maintenance. The open floor plan is ideal. Kitchens include a double sink, breakfast bar and all appliances for both units. The slider just of the dining area, gives easy access to a private patio & fenced backyard perfect. Six New LED front security lights provide ample light at night. The vinyl siding makes your maintenance and upkeep a breeze. On a bus line and less than a mile for shopping, dining & parks makes this a perfect location. Easy access to I84. Photos of unit 4048 were taken prior to the tenant move in and 4038 were taken in June of 2024.
Location
State OR
County Multnomah
Area _144
Zoning LDR-7
Rooms
Basement Crawl Space
Interior
Heating Wall Heater
Exterior
Garage Spaces 2.0
Roof Type Composition
Garage No
Building
Lot Description Level, On Busline, Trees
Story 2
Foundation Concrete Perimeter
Sewer Public Sewer
Water Public Water
Level or Stories 2
Schools
Elementary Schools Kelly Creek
Middle Schools Gordon Russell
High Schools Sam Barlow
Others
Acceptable Financing Cash, Conventional, FHA, VALoan
Listing Terms Cash, Conventional, FHA, VALoan
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