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21 NE 5TH ST Gresham, OR $ 395,000
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$ 395,000 Get more info
21 NE 5TH ST
$ 395,000
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21 NE 5TH ST

Gresham, OR, 97030
$ 395,000
Bedrooms3 Baths2.0 Sq 1,634

Monthly Estimate*

$ 2,464

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Multi-Family Home for sale in Gresham, OR

for $395,000 with 3 bedrooms and 2 full baths. This 1,634 square foot home was built in 1944.

Income-producing duplex in thriving downtown Gresham--fantastic location just off Main Street's shops & restaurants. Centrally situated with access to services and transportation makes this easy to rent. Well-maintained property with newer paint, floors and appliances. Property is professionally managed--possible owner-occupied with rental unit. DCC zoning offers commercial possibilities. Keep as existing residental rental or collect income while planning new developments. Low taxes.

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Multi-Family Active

Price

$ 395,000

Bedrooms

3

Full Bath

2

Property Type

Multi-Family

Taxes

$ 3,851

Style

Year Built

1944

Town/City

Gresham

County/Region

Multnomah

MLS | Web ID

387672615
Features
General
Sewer PublicSewer
Heating ForcedAir WallFurnace
Roof Composition Membrane
Zoning DCC
Year Built 1944
Stories Count 2
Tax Year 2024
Parcel Number R221467
Gross Income 28396.0
County Multnomah
Net Operating Income 1794.0
Operating Expense 26602.0
Property Type MultiFamily
HOA N
Rent Includes Sewer TrashCollection Water
Status Active
Directions Between Main and Roberts on NE 5th
High School Gresham
City Gresham
Number Of Units Total 2
MLS Area _144
Listing Terms Cash Conventional FHA VALoan
Elementary School East Gresham
Tax Annual Amount 3851.66
Middle/Junior High School Dexter McCarty
Property Condition Existing
Standard Status Active
Accessory Dwelling Unit Y/N N
Legal Description MT HOOD ADD BLOCK 5 LOT 6 LOT 7 EXC E 100'
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Interior
Basement CrawlSpace None
Hot Water Electricity
Unit 1 Baths Total 1
Unit 1 Beds Total 2
Unit 2 Baths Total 1
Unit 2 Beds Total 1
Unit Type UnitTypeType1 UnitTypeType2
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Exterior
Parking Features OnStreet
Lot Features Level PublicRoad Trees
Water Source PublicWater
Total Parking 0
Exterior Description LapSiding ShakeSiding
Building Area Total 1634.0
Road Surface Type Paved
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Internal Only
Street Number 1 21
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* Excluded Features
List By
Fathom Realty Oregon, Llc

Broker

503-348-6045

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Affordability Calculator

$2,785
Per Month
88%
12%
0%
Monthly Principal & Interest
$2,464
Monthly Property Taxes
$321
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
1948926 Elementary School
1948971 Middle School
Gresham High School High School
See complete school information
Pricing History
DatePricePrice ChangeDescription
3/3/2025$395,000 Listed Price

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21 NE 5TH ST, Gresham, OR, 97030 is a Multi-Family Home for sale at $395,000 with 1,634 sqft. 21 NE 5TH ST has 3 bedrooms, 2.0 baths, and was built in 1944. The property's zip code is 97030 which is in Gresham, OR

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