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1546 NE CLEVELAND AVE Gresham, OR $ 815,000
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1546 NE CLEVELAND AVE
$ 815,000
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1546 NE CLEVELAND AVE

Gresham, OR, 97030
$ 815,000
Bedrooms8 Baths8.0 Sq 3,840

Monthly Estimate*

$ 5,018

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Multi-Family Home for sale in Gresham, OR

for $815,000 with 8 bedrooms and 8 full baths. This 3,840 square foot home was built in 2003 on a lot size of 0.33.

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

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Multi-Family Active

Price

$ 815,000

Bedrooms

8

Full Bath

8

Property Type

Multi-Family

Taxes

$ 9,612

Style

Lot Size

0.33

Year Built

2003

Town/City

Gresham

County/Region

Multnomah

MLS | Web ID

336267263
Features
General
Sewer PublicSewer
Heating WallHeater
Roof Composition
Zoning MDR-24
Garage Spaces 0
Year Built 2003
Stories Count 2
Tax Year 2025
Parcel Number R511989
Gross Income 67747.0
Community Features AllLandscaping
County Multnomah
Net Operating Income 46839.0
Operating Expense 20908.0
Property Type MultiFamily
HOA N
Rent Includes MaintenanceGrounds Sewer TrashCollection Water
Status Active
Directions For Google Maps directions use address: 1568 NE Cleveland Ave Gresham OR 97030
High School Gresham
City Gresham
Disclosures Disclosure
Number Of Units Total 4
MLS Area _144
Lot Size Square Feet 14374.0
Listing Terms CallListingAgent Cash Conventional
Elementary School Highland
Tax Annual Amount 9612.13
Middle/Junior High School Clear Creek
Property Condition Existing
Standard Status Active
Accessory Dwelling Unit Y/N N
Legal Description PARTITION PLAT 2001-87 LOT 2
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Interior
Basement None
Storage Attached IndividualStorageUnits
Hot Water Electricity
Unit 1 Baths Total 2
Unit 1 Beds Total 2
Unit 2 Baths Total 2
Unit 2 Beds Total 2
Unit 3 Baths Total 2
Unit 3 Beds Total 2
Unit 4 Baths Total 2
Unit 4 Beds Total 2
Unit Type UnitTypeType1 UnitTypeType2 UnitTypeType3 UnitTypeType4
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Exterior
Parking Features Assigned Driveway
Lot Features FlagLot Level Private
Water Source PublicWater
Total Parking 8.0
Exterior Description LapSiding VinylSiding
Foundation Details Slab
Building Area Total 3840.0
Lot Size Acres 0.33
Road Surface Type Concrete Paved
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Internal Only
Street Number 1 1546
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* Excluded Features
List By
Real Broker

Broker

pdxsally@gmail.com

Contact

Affordability Calculator

$5,819
Per Month
86%
14%
0%
Monthly Principal & Interest
$5,018
Monthly Property Taxes
$801
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.25% 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
1950170 Elementary School
1949905 Middle School
Gresham High School High School
See complete school information
Pricing History
DatePricePrice ChangeDescription
4/30/2026$815,000 Listed Price

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1546 NE CLEVELAND AVE, Gresham, OR, 97030 is a Multi-Family Home for sale at $815,000 with 3,840 sqft and a lot size of 0.33. 1546 NE CLEVELAND AVE has 8 bedrooms, 8.0 baths, and was built in 2003. The property's zip code is 97030 which is in Gresham, OR

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