933 SE RENE AVE Gresham, OR $ 499,000
933 SE RENE AVE
$ 499,000
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933 SE RENE AVE

Gresham, OR, 97080
$ 499,000
Bedrooms4 Baths2.0 Sq 1,786

Monthly Estimate*

$ 3,151

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Multi-Family Home for sale in Gresham, OR

for $499,000 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. Both units occupied under current leases. Each unit features 2 bedrooms, 1 bath, washer-dryer hookups, private backyard, and attached garage. Located near schools, parks, transit, and shopping. Very low turnover.Unit 935 was recently updated (Aug 2026) with new exterior fence, fresh paint, new carpet, and new kitchen flooring and countertops. Newer range hood and stove (2024) and disposal (2025) Unit 933 was updated prior to current tenants, additionally new range hood (2024) and new dishwasher (2025).Sale subject to interior inspection with accepted offer. Please do not disturb tenants. drive-by only.

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Multi-Family Active

Price

$ 499,000

Bedrooms

4

Full Bath

2

Property Type

Multi-Family

Taxes

$ 4,987

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 39665.0
County Multnomah
Net Operating Income 30469.0
Operating Expense 9196.0
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 OwnerWillCarry
Elementary School Hogan Cedars
Tax Annual Amount 4987.48
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

$3,566
Per Month
88%
12%
0%
Monthly Principal & Interest
$3,151
Monthly Property Taxes
$416
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.49% 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
Pricing History
DatePricePrice ChangeDescription
9/9/2026$499,000 -3.11% Price Down
5/20/2026$515,000 Listed Price

Map


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933 SE RENE AVE, Gresham, OR, 97080 is a Multi-Family Home for sale at $499,000 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