520 SE PAROPA PL $659,000


    520 SE PAROPA PL Gresham, OR 97030

    • 10 Beds
    • 6 Baths
    • Multi-Family
    • Listing# 22191037
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    Views: 70 Days On Site: 132

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    Property Details

    Huge potential in this income producing one level 10 bedroom, 5 full / 3 half bathroom home! The home was previously used as an Adult Foster Care Home, and still has accessible showers and walkways. It has 3 kitchens, 2 living rooms, a wrap around deck and covered carports on top of the corner lot advantage. There is a 12x12 cellar built into the deck and a charcoal water filtration system installed. Multi-gen. living, extended family, rental!

    • General Features
      • Area Gresham, Sandy, Troutdale, Corbett
      • Bank Owned Y/N No
      • Capitalization Rate 3.36
      • Cooling Description Central Air
      • Country US
      • Fuel Description Gas
      • Gross Income Actual 38400
      • Gross Income Projected 79800
      • Gross Rent Multiplier 17.16
      • Heating Description Forced Air
      • Hot Water Description Gas
      • Net Income Actual 22116
      • Net Income Projected 60900
      • Number Of Units Total 10
      • Occupancy Types Month To Month,Vacant
      • Operating Expenses Actual 20426
      • Operating Expenses Projected 14895
      • Sewer Description Public Sewer
      • Short Sale Y/N No
      • Supplement Number 0
      • Tax Amount 5274.00
      • Terms Cash,Conventional
      • Third Party Approval Y/N No
      • Utilities Included Cable TV,Electricity,Trash Collection,Heat,Water,Maintenance Grounds
      • View Y/N No
      • Water Description Public Water
      • Year Built 1978
      • Zoning LDR-5
    • Building Features
      • Basement Crawl Space
      • Exterior Description T-111 Siding
      • SqFt Approximate Building Total 3249
      • Storage Attached,Deck
      • Unit Type1 Baths Total 1
      • Unit Type1 Beds Total 1
      • Unit Type1 Features Deck,Window Coverings
      • Unit Type1 Rent 750
      • Unit Type1 Units Total 1
      • Unit Type10 Baths Total 1
      • Unit Type10 Beds Total 1
      • Unit Type10 Features Deck,Window Coverings
      • Unit Type10 Rent 0
      • Unit Type10 Units Total 1
      • Unit Type2 Baths Total 1
      • Unit Type2 Beds Total 1
      • Unit Type2 Features Deck,Window Coverings
      • Unit Type2 Rent 750
      • Unit Type2 Units Total 1
      • Unit Type3 Baths Total 1
      • Unit Type3 Beds Total 1
      • Unit Type3 Features Deck,Window Coverings
      • Unit Type3 Rent 750
      • Unit Type3 Units Total 1
      • Unit Type4 Baths Total 1
      • Unit Type4 Beds Total 1
      • Unit Type4 Features Deck,Window Coverings
      • Unit Type4 Units Total 1
      • Unit Type4Rent 650
      • Unit Type5 BedsTotal 1
      • Unit Type5 Features Deck,Window Coverings
      • Unit Type5 Rent 550
      • Unit Type5 Units Total 1
      • Unit Type6 Beds Total 1
      • Unit Type6 Features Deck,Window Coverings
      • Unit Type6 Rent 0
      • Unit Type6 Units Total 1
      • Unit Type7 Beds Total 1
      • Unit Type7 Features Deck,Window Coverings
      • Unit Type7 Rent 0
      • Unit Type7 Units Total 1
      • Unit Type8 Baths Total 1
      • Unit Type8 Beds Total 1
      • Unit Type8 Features Deck,Window Coverings
      • Unit Type8 Rent 0
      • Unit Type8 Units Total 1
      • Unit Type9 Beds Total 1
      • Unit Type9 Features Deck,Window Coverings
      • Unit Type9 Rent 0
      • Unit Type9 UnitsTotal 1
      • UnitFeatures Deck,Window Coverings
      • UnitTypeType 1,2,3,4,5,6,7,8,9,10
    • Room Features
      • Legal Description CHINOOK ADDITION, BLOCK 2, LOT 12
      • Limited Representation Y/N Full Service
    • Property Features
      • Lot Description Corner Lot
      • Lot Size 10,000 to 14,999 SqFt
      • Property Category Multi Family
    • Schools
      • Elementary School Kelly Creek
      • High School Sam Barlow
      • Middle School Gordon Russell



    97030 (Gresham) Demographics

    37 Median Age
    5,027 Population Density (per sq. mile)
    33% College Educated
    $50,680 Estimated Median Income
    6,432 Estimated Total Home Owners
    8,368 Estimated Total Renters
    43% / 57% Estimated Owner / Renter Divide
    3 Estimated Average Household Size
    38,358 Total Population
    Community data courtesy of LiveBy, Inc.

    Market Last 30 Days In This Postal Code

    $455,000 Median Sales Price
    34 Homes Sold
    42 New On Market

    Average Days on Site

      Properties for Sale

        Calculations provided by Reliance Network

        Property History

        Date Event Price Percent Change
        -- Current Price Source: Multiple Listing Service New Value: $659,000
        3/23/2022 1:06:09 AM Price Reduced Source: Multiple Listing Service New Value: $659,000 -2.37%
        2/3/2022 3:06:18 PM Price Increased Source: Multiple Listing Service New Value: $675,000 2.43%
        2/3/2022 2:06:15 PM Price Reduced Source: Multiple Listing Service New Value: $659,000 -2.37%
        1/20/2022 5:06:15 PM Status Changed Source: Multiple Listing Service New Value: Active
        1/18/2022 12:06:38 PM Status Changed Source: Multiple Listing Service New Value: Pending
        1/11/2022 7:06:00 PM New in Database Source: Multiple Listing Service New Value: $675,000

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        The content relating to real estate for sale on this web site comes in part from the IDX program of the RMLS™ of Portland, Oregon. Real estate listings held by brokerage firms other than MORE REALTY are marked with the RMLS™ logo, and detailed information about these properties includes the names of the listing brokers. Listing content is copyright © 2022 RMLS™, Portland, Oregon. This content last updated on 5/23/2022 10:53:49 AM. Some properties which appear for sale on this site may subsequently have sold or may no longer be available. All information provided is deemed reliable but is not guaranteed and should be independently verified. IDX and listing information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

        Note: All room dimensions, including square footage data, are approximate and must be verified by the buyer. The information contained herein is furnished by the owner to the best of his/her knowledge but is subject to verification by the purchaser, and agent assumes no responsibility for the correctness thereof. The sale offering is made subject to errors, omissions, change of price, prior sale, or withdrawal without notice. In accordance with the Law, this property is offered without respect to race, color, creed, national origin, sex, familial status or disability. This is not intended to solicit property currently listed.