633 SE 212TH AVE $409,999

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    633 SE 212TH AVE Gresham, OR 97030

    • 4 Beds
    • 2 Baths
    • Multi-Family
    • Listing# 21622497
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    Views: 47 Days On Site: 169

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    Property Details

    BOM through no fault of seller. Great investment property centrally located with convenient freeway access and one block from public transportation. Duplex with 2 bedroom, 1 bath units. Steady, long term renters in place. Roof replaced in July, 2020. Exterior painted July, 2020. One side recently updated. Rents are below market level. Please do not disturb tenants.

    • General Features
      • Area Gresham, Sandy, Troutdale, Corbett
      • Bank Owned Y/N No
      • Capitalization Rate 4.38
      • Country US
      • Fuel Description Electricity
      • Gross Income Actual 24000
      • Gross Income Projected 28800
      • Gross Rent Multiplier 17.08
      • Heating Description Baseboard
      • Hot Water Description Electricity
      • Net Income Actual 17962
      • Net Income Projected 22762
      • Number Of Units Total 2
      • Occupancy Types Month To Month
      • Operating Expenses Actual 6038
      • Operating Expenses Projected 6038
      • Sewer Description Public Sewer
      • Short Sale Y/N No
      • Stories 1
      • Supplement Number 0
      • Tax Amount 3702.00
      • Terms Cash,Conventional
      • Third Party Approval Y/N No
      • Utilities Included Trash Collection,Sewer,Water
      • View Y/N No
      • Water Description Public Water
      • Year Built 1971
      • Zoning MR3
    • Building Features
      • Basement Crawl Space
      • Basement1 Concrete Perimeter
      • Exterior Description Brick,T-111 Siding
      • SqFt Approximate Building Total 1728
      • Storage Individual Storage Units
      • Unit Type1 Baths Total 1
      • Unit Type1 Beds Total 2
      • Unit Type1 Features Dishwasher,Fireplace,Range,Refrigerator
      • Unit Type1 Rent 1100
      • Unit Type1 SqFt 864
      • Unit Type1 Units Total 1
      • Unit Type2 Baths Total 1
      • Unit Type2 Beds Total 2
      • Unit Type2 Features Dishwasher,Fireplace,Range,Refrigerator
      • Unit Type2 Rent 900
      • Unit Type2 SqFt 864
      • Unit Type2 Units Total 1
      • UnitFeatures Dishwasher,Fireplace,Range,Refrigerator
      • UnitTypeType 1,2
    • Room Features
      • Legal Description LINDY ADD, BLOCK 2, LOT 20
      • Limited Representation Y/N Full Service
    • Property Features
      • Lot Size 7,000 to 9,999 SqFt
      • Property Category Multi Family
      • Roof Type Composition
    • Schools
      • Elementary School North Gresham
      • High School Gresham
      • Middle School Clear Creek

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    Neighborhood

    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: $409,999
        4/16/2022 9:21:40 AM Status Changed Source: Multiple Listing Service New Value: Pending
        4/1/2022 4:36:24 PM Status Changed Source: Multiple Listing Service New Value: Active
        3/2/2022 8:21:19 PM Status Changed Source: Multiple Listing Service New Value: Pending
        2/19/2022 10:21:10 AM Price Increased Source: Multiple Listing Service New Value: $409,999 2.53%
        2/19/2022 10:06:08 AM Status Changed Source: Multiple Listing Service New Value: Active
        1/5/2022 9:06:11 AM Status Changed Source: Multiple Listing Service New Value: Pending
        12/28/2021 11:36:37 AM Status Changed Source: Multiple Listing Service New Value: Active
        12/17/2021 4:51:16 PM Status Changed Source: Multiple Listing Service New Value: Pending
        12/5/2021 8:36:00 AM New in Database Source: Multiple Listing Service New Value: $399,900

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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 10:51:59 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.