18427 SE YAMHILL ST Gresham, OR $ 449,900
18427 SE YAMHILL ST
$ 449,900
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18427 SE YAMHILL ST

Gresham, OR, 97233
$ 449,900
Bedrooms4 Baths2.0 Sq 1,680

Monthly Estimate*

$ 2,807

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Multi-Family Home for sale in Gresham, OR

for $449,900 with 4 bedrooms and 2 full baths. This 1,680 square foot home was built in 1948 on a lot size of 0.16.

Excellent investment opportunity! This well-maintained duplex features two spacious units, each with 2 bedrooms, 1 bathroom, and private entrances. Both units offer open-concept living and dining areas, functional kitchens, and dedicated off-street parking. Recent updates and a solid rental history make this a turn-key property for investors or owner-occupants alike.Located in a quiet residential neighborhood, this property is by Rockwood Central Park, schools, and major transit routes—including the MAX Blue Line just blocks away for easy access to downtown Portland. Nearby shopping options include Fred Meyer, WinCo Foods, and Natural Grocers, with plenty of local restaurants, cafés, and everyday conveniences just minutes away.Whether you're expanding your portfolio or looking to offset your mortgage with rental income, this Gresham duplex is a smart move.

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Multi-Family Active

Price

$ 449,900

Bedrooms

4

Full Bath

2

Property Type

Multi-Family

Taxes

$ 3,816

Style

Lot Size

0.16

Year Built

1948

Town/City

Gresham

County/Region

Multnomah

MLS | Web ID

630979031

Features
General
Sewer PublicSewer
Heating WallFurnace
Cooling None
Roof Composition
Zoning RTC
Year Built 1948
Stories Count 1
Tax Year 2025
Parcel Number R153581
Gross Income 36000.0
County Multnomah
Net Operating Income 32184.0
Operating Expense 0
Property Type MultiFamily
HOA N
Rent Includes None
Status Active
Directions 182ND TO YAMHILL ON LEFT AT 184TH
High School Reynolds
City Gresham
Number Of Units Total 2
MLS Area _143
Lot Size Square Feet 6969.0
Listing Terms Cash Conventional FHA Other
Elementary School Alder
Tax Annual Amount 3816.17
Middle/Junior High School Reynolds
Property Condition Approximately
Standard Status Active
Accessory Dwelling Unit Y/N N
Legal Description EASTWOOD LOT 14 TL 3900
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Interior
Basement CrawlSpace
Storage Deck IndividualStorageUnits
Hot Water Gas
Unit 1 Baths Total 1
Unit 1 Beds Total 2
Unit 2 Baths Total 1
Unit 2 Beds Total 2
Unit Type UnitTypeType1 UnitTypeType2
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Exterior
Parking Features OffStreet
Lot Features CornerLot Level Trees
Water Source PublicWater
Exterior Description LapSiding WoodSiding
Foundation Details ConcretePerimeter
Building Area Total 1680.0
Lot Size Acres 0.16
Road Surface Type Paved
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Internal Only
Street Number 1 18427
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* Excluded Features
List By
Re/Max Equity Group

Broker

amitamshalom@gmail.com

Email

Affordability Calculator

$3,125
Per Month
90%
10%
0%
Monthly Principal & Interest
$2,807
Monthly Property Taxes
$318
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
1951033 Elementary School
1948918 Middle School
Reynolds High School High School
Pricing History
DatePricePrice ChangeDescription
9/28/2025$449,900 -3.23% Price Down
9/5/2025$464,900 -3.04% Price Down
7/23/2025$479,500 Listed Price

Map


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18427 SE YAMHILL ST, Gresham, OR, 97233 is a Multi-Family Home for sale at $449,900 with 1,680 sqft and a lot size of 0.16. 18427 SE YAMHILL ST has 4 bedrooms, 2.0 baths, and was built in 1948. The property's zip code is 97233 which is in Gresham, OR