Fraud Blocker
Price Reduction
Address
18427 SE YAMHILL ST, Gresham, OR
Price
$ 415,000
Property Attributes
  • MLS#24648254
  • TypeMulti-Family
  • CountyMULTNOMAH
  • CityGresham
  • Area144
  • NeighborhoodRockwood
  • Zip97233
  • Style
  • Year Built1948
  • Taxes$ 3267
  • Price$ 415,000
  • Bedrooms4
  • Full Bathrooms2
  • Half Bathrooms0
  • Sqr Footage1680
Data Source:
Regional Multiple Listing Service (RMLSOR)
Property Description

Nestled in the heart of Rockwood, this inviting duplex presents a blend of comfort, potential, and opportunity. With one unit currently tenanted at below-market value, there is ample room for growth in rental income, offering a promising avenue for investment returns. The other unit is vacant, perfect for owner-occupant buyers, or investors aiming to capitalize on its healthy potential rent. Each unit showcases a thoughtful layout that maximizes living space, promoting a warm, welcoming atmosphere. Long term, reliable tenants ensure a smooth transition for new owners, with features including a private fenced backyard for leisure and relaxation, off-street parking for convenience, and in-unit washer and dryer hookups enhancing the functionality of each residence. Embrace the charm and investment potential of Rockwood with this duplex, where opportunity meets a vibrant community lifestyle.

Elementary School Middle School High School
Alder Elementary School Reynolds Middle School Reynolds High School
Price History
4/11/2024 Listed $445,000
5/6/2024 5% - $425,000
5/24/2024 3% - $415,000

General Features

Sewer PublicSewer
Heating WallFurnace
Cooling None
Roof Composition
Zoning RTC
Security Features Unknown
Year Built 1948
Stories 1
Tax Year 2022
Gross Income 34740.0
County Multnomah
Net Operating Income 29500.0
Operating Expense 5240.0
Property Type MultiFamily
Subdivision Name Rockwood
Rent Includes Sewer,Water
Status Active
Directions 182ND TO YAMHILL ON LEFT AT 184TH
High School Reynolds
City Gresham
NumberOfUnitsTotal 2
MLS Area _144
Listing Terms Cash,Conventional
Elementary School Alder
Tax Annual Amount 3267.44
Middle/Junior High School Reynolds
Property Condition Approximately
Virtual Tour https://vimeo.com/930731350?share=copy
Days on Market 68
Standard Status Active
Legal Description EASTWOOD,LOT 14 TL 3900

Interior Features

Basement CrawlSpace
Storage Deck,IndividualStorageUnits
Hot Water Gas
UnitType1ActualRent 1345
Unit 1 Baths Total 1
Unit 1 Beds Total 2
UnitType1Features Range,Refrigerator,WasherDryerHookup,WindowCoverings
UnitType1UnitsTotal 1
UnitType2ActualRent 1345
Unit 2 Baths Total 1
Unit 2 Beds Total 2
UnitType2Features Range,Refrigerator,WasherDryerHookup,WindowCoverings
UnitType2UnitsTotal 1
FuelDescription Gas
Unit Type UnitTypeType1,UnitTypeType2

Exterior Features

Parking Features OffStreet
Lot Features CornerLot,Level,Trees
Water Source PublicWater
Exterior Description LapSiding,WoodSiding
Foundation Details ConcretePerimeter
Building Area Total 1680.0
Road Surface Type Paved

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Multi-Family Average in 97233

Price
AVG $1.23M
$420K
Taxes
AVG $10,981
$3,267
Visits
AVG 161
181
Data Provided by Inside Real Estate®
Year Built
AVG 1966
1948

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