Gresham, 97233
4 Bed
2 Bath
1680 SqFt
177 DOM
Built: 1948
$449,900
Price cut: $15K (09-28-2025)
Gresham 97233
$449900
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Don’t miss this fantastic duplex offering strong income potential and long-term value. This well-maintained property features two spacious units, each with 2 bedrooms, 1 bathroom, and private entrances—ideal for both investors and owner-occupants.Inside, both units offer open-concept living and dining areas, functional kitchens, and comfortable layouts. Dedicated off-street parking adds convenience for tenants, while recent updates and a solid rental history make this a truly turn-key opportunity.One unit is currently vacant, providing immediate flexibility for an owner-occupant or the chance to set market rent right away. The second unit is rented at $1,500 per month plus utilities, offering instant income from day one.The location is a major highlight—situated in a quiet residential neighborhood by Rockwood Central Park, schools, and major transit routes. The MAX Blue Line is just blocks away, making commuting to downtown Portland quick and easy. Tenants will also love the close proximity to Fred Meyer, WinCo Foods, Natural Grocers, and a variety of local restaurants, cafés, and everyday conveniences.Whether you’re looking to expand your investment portfolio, generate strong rental income, or live in one unit while offsetting your mortgage, this Gresham duplex checks all the boxes.
Listing Provided Courtesy of Amit Amshalom, RE/MAX Equity Group
MLS #630979031
Type
Days on Market 177 DOM
Beds4
Lot Size 6969.6 SqFt
Baths2
SqFt1680
Year built1948
ZoningRTC
CountyMultnomah
Tax IDR153581
ElemAlder 4/10
MiddleReynolds
HighReynolds
PropCategoryMultiFamily
PropType
Neighborhood (Legal)EASTWOOD, LOT 14 TL 3900
Krishna Realty data last checked: Feb 22, 2026 03:25 | Listing last modified Jan 16, 2026 13:53, Source:
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Upper SqFt
Main SqFt
Lower SqFt
Total SqFt1680
SFSrc
TotUp/Mn
Fireplaces
Bdrms4
Full Bath
Partial Bath
Total Bath2
RoofComposition
Garage
Style
ParkingOffStreet
Levels1
Year Built1948
Green CertNo
Energy Eff
ExteriorLapSiding, WoodSiding
Bsmt/FndCrawlSpace
RV
URM
BasementCrawlSpace
FoundationConcretePerimeter
Windows
Amenities
Living
Kitchen
Interior
Exterior
Accessibility
CoolNone
WaterGas
HeatWallFurnace
SewerPublicSewer
Hot WaterGas
FuelGas
PTax/Yr3816.17
HOA
HOA InclNone
HOA Fee
Other Dues
Terms ConsideredCash,Conventional,FHA,Other
List Date07-23-2025
Rent (If Rented)
Bank Owned/REONo
Short SaleNo
Pending Date
DOM 177
CDOM 214
Sold Date
TermsCash,Conventional,FHA,Other
Original Price$479,500
List Price$449,900
Sold Price
Last ModifiedJan 16, 2026 13:53
Listing courtesy of RE/MAX Equity Group.
The content relating to real estate for sale on this site comes in part from the IDX program of the RMLS of Portland, Oregon. Real Estate listings held by brokerage firms other than this firm are marked with the RMLS logo, and detailed information about these properties include the name of the listing's broker. Listing content is copyright © 2019 RMLS of Portland, Oregon. All information provided is deemed reliable but is not guaranteed and should be independently verified. Krishna Realty data last checked: Feb 22, 2026 03:25 | Listing last modified Jan 16, 2026 13:53. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.
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