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933 SE RENE AVE Gresham, OR $ 515,000
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933 SE RENE AVE
$ 515,000
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933 SE RENE AVE

Gresham, OR, 97080
$ 515,000
Bedrooms4 Baths2.0 Sq 1,786

Monthly Estimate*

$ 3,171

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Multi-Family Home for sale in Gresham, OR

for $515,000 with 4 bedrooms and 2 full baths. This 1,786 square foot home was built in 1978 on a lot size of 0.19.

Two-unit investment property offering immediate rental income and below-market rent upside. Each unit features 2 bedrooms, 1 bath, washer-dryer hookups, private backyard, and attached garage - amenities that command strong tenant retention in this high-demand Gresham rental corridor. Both units occupied; current combined rent $3,025/month with room to grow to market. Located near schools, parks, transit, and shopping. Sale subject to interior inspection upon accepted offer. Please do not disturb tenants, drive-by only. Exterior photos current; interior photos are from prior to current tenancy.

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Multi-Family Active

Price

$ 515,000

Bedrooms

4

Full Bath

2

Property Type

Multi-Family

Taxes

$ 4,838

Style

Lot Size

0.19

Year Built

1978

Town/City

Gresham

County/Region

Multnomah

MLS | Web ID

476797140
Features
General
Sewer PublicSewer
Heating Baseboard
Roof Composition
Zoning MDR12
Garage Spaces 2.0
Year Built 1978
Stories Count 1
Tax Year 2025
Parcel Number R253608
Gross Income 36867.0
County Multnomah
Net Operating Income 26581.0
Operating Expense 10286.0
Property Type MultiFamily
HOA N
Subdivision Name HOGAN CEDARS
Rent Includes Water
Status Active
Directions SE Powell Valley Rd.
High School Gresham
City Gresham
Disclosures Disclosure
Number Of Units Total 2
MLS Area _144
Lot Size Square Feet 8276.0
Listing Terms Cash Conventional
Elementary School Hogan Cedars
Tax Annual Amount 4838.0
Middle/Junior High School Dexter McCarty
Property Condition Existing
Standard Status Active
Accessory Dwelling Unit Y/N N
Legal Description REN-A TERRACE BLOCK 2 LOT 4
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Interior
Basement CrawlSpace
Storage Garage
Hot Water Electricity
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 Garage OffStreet
Lot Features Level
Water Source PublicWater
Exterior Description Stone T111Siding
Foundation Details ConcretePerimeter
Building Area Total 1786.0
Lot Size Acres 0.19
Road Surface Type Paved
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Internal Only
Street Number 1 933
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* Excluded Features
List By
Think Real Estate

Broker

shannon@tinyempiregroup.com

Email

Affordability Calculator

$3,574
Per Month
89%
11%
0%
Monthly Principal & Interest
$3,171
Monthly Property Taxes
$403
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
1951097 Elementary School
1948971 Middle School
Gresham High School High School
See complete school information
Pricing History
DatePricePrice ChangeDescription
5/20/2026$515,000 Listed Price

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933 SE RENE AVE, Gresham, OR, 97080 is a Multi-Family Home for sale at $515,000 with 1,786 sqft and a lot size of 0.19. 933 SE RENE AVE has 4 bedrooms, 2.0 baths, and was built in 1978. The property's zip code is 97080 which is in Gresham, OR

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