850 W POWELL BLVD Gresham, OR $ 455,000
850 W POWELL BLVD
$ 455,000
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850 W POWELL BLVD

Gresham, OR, 97030
$ 455,000
Bedrooms4 Baths2.0 Sq 1,768

Monthly Estimate*

$ 2,873

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Multi-Family Home for sale in Gresham, OR

for $455,000 with 4 bedrooms and 2 full baths. This 1,768 square foot home was built in 1973 on a lot size of 0.2.

Outstanding Investment Opportunity in Gresham! This updated duplex offers immediate cash flow with both units occupied by long-term tenants. A true turnkey investment, this property combines updates with reliable rental income, making it an excellent addition to any portfolio. Ideally situated near shopping, dining, parks, schools, and public transportation. Whether you’re a seasoned investor or just beginning to build your portfolio, this duplex presents an exceptional opportunity for steady income and long-term appreciation. Please do not disturb tenants. Interior inspections are subject to accepted offer.

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Multi-Family Active

Price

$ 455,000

Bedrooms

4

Full Bath

2

Property Type

Multi-Family

Taxes

$ 4,971

Style

Lot Size

0.2

Year Built

1973

Town/City

Gresham

County/Region

Multnomah

MLS | Web ID

561157768

Features
General
Sewer PublicSewer
Heating Baseboard
Roof Composition Shingle
Zoning C2-4
Year Built 1973
Stories Count 1
Tax Year 2025
Parcel Number R142378
Gross Income 36000.0
County Multnomah
Net Operating Income 27000.0
Operating Expense 9000.0
Property Type MultiFamily
HOA N
Rent Includes TrashCollection Water
Status Active
Directions West on Powell Blvd property on left past Eastman Parkway
High School Gresham
City Gresham
Disclosures Disclosure
Number Of Units Total 2
MLS Area _144
Lot Size Square Feet 8712.0
Listing Terms Cash Conventional FHA
Elementary School East Gresham
Tax Annual Amount 4971.42
Middle/Junior High School Dexter McCarty
Property Condition UpdatedRemodeled
Standard Status Active
Accessory Dwelling Unit Y/N N
Legal Description CREASY PK BLOCK 2 LOT 5
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Interior
Basement CrawlSpace
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 Driveway Paved
Lot Features Level Private
Water Source PublicWater
Total Parking 4.0
Exterior Description WoodComposite
Foundation Details ConcretePerimeter
Building Area Total 1768.0
Lot Size Acres 0.2
Road Surface Type Paved
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Internal Only
Street Number 1 850
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* Excluded Features
List By
More Realty

Broker

503-593-0634

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Affordability Calculator

$3,287
Per Month
87%
13%
0%
Monthly Principal & Interest
$2,873
Monthly Property Taxes
$414
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
1948926 Elementary School
1948971 Middle School
Gresham High School High School
Pricing History
DatePricePrice ChangeDescription
7/10/2026$455,000 Listed Price

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850 W POWELL BLVD, Gresham, OR, 97030 is a Multi-Family Home for sale at $455,000 with 1,768 sqft and a lot size of 0.2. 850 W POWELL BLVD has 4 bedrooms, 2.0 baths, and was built in 1973. The property's zip code is 97030 which is in Gresham, OR