Fully leased 4-unit multifamily asset delivering immediate cash flow with strong retention. Each of the four units offers 2 bedrooms, 1.5 bathrooms, and 960 square feet with a thoughtful, open-concept layout featuring spacious living and dining areas, well-equipped kitchens, in-unit washer and dryer, and desirable private outdoor spaces (decks for upper units, patios for lower units) enhancing rental appeal and stability.Low-maintenance investment with newer roof (~1 year) and consistent upkeep. Located near Historic Downtown Gresham, Gresham Station, parks, and MAX Blue Line, supporting long-term rental demand. Walk Score 75, Bike 79, Transit 56. Ideal for investors seeking stable income with upside potential. For Google Maps directions use address: 1568 NE Cleveland Ave, Gresham, OR 97030
Listing Provided Courtesy of Sally Olsson, Real Broker
General Information
336267263
1
DOM
8
0.33 acres
8
3840
2003
MDR-24
Multnomah
R511989
Highland 2/10
Clear Creek 6/10
Gresham
MultiFamily
PARTITION PLAT 2001-87, LOT 2
Listing Provided Courtesy of Sally Olsson, Real Broker
Krishna Realty data last checked: May 01, 2026 02:44 | Listing last modified Apr 30, 2026 14:54,
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Residence Information
3840
8
8
Composition
Assigned,Driveway
2
2003
No
LapSiding, VinylSiding
None
None
Slab
Features and Utilities
Electricity
WallHeater
PublicSewer
Electricity
Electricity
Financial
9612.13
0
MaintenanceGrounds,Sewer,TrashCollection,Water
CallListingAgent,Cash,Conventional
04-30-2026
No
No
Comparable Information
1
1
CallListingAgent,Cash,Conventional
$815,000
$815,000
Apr 30, 2026 14:54
Schools
public Elementary : Highland
2/10Ratingspublic Middle : Clear Creek
6/10Ratingsprivate High : GreshamN/ARatings
Fully leased 4-unit multifamily asset delivering immediate cash flow with strong retention. Each of the four units offers 2 bedrooms, 1.5 bathrooms, and 960 square feet with a thoughtful, open-concept layout featuring spacious living and dining areas, well-equipped kitchens, in-unit washer and dryer, and desirable private outdoor spaces (decks for upper units, patios for lower units) enhancing rental appeal and stability.Low-maintenance investment with newer roof (~1 year) and consistent upkeep. Located near Historic Downtown Gresham, Gresham Station, parks, and MAX Blue Line, supporting long-term rental demand. Walk Score 75, Bike 79, Transit 56. Ideal for investors seeking stable income with upside potential. For Google Maps directions use address: 1568 NE Cleveland Ave, Gresham, OR 97030
