22222 SE ASH ST Gresham, OR $ 474,900
22222 SE ASH ST
$ 474,900
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22222 SE ASH ST

Gresham, OR, 97030
$ 474,900
Bedrooms4 Baths2.0 Sq 2,108

Monthly Estimate*

$ 3,280

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Multi-Family Home for sale in Gresham, OR

for $474,900 with 4 bedrooms and 2 full baths. This 2,108 square foot home was built in 1957 on a lot size of 0.19.

Live in one unit and let the other help pay the mortgage. This well maintained duplex sits on a .19-acre corner lot in Gresham’s Newell Park neighborhood, with two 2-bed/1-bath units and 2,100 SF total, including a 336 SF basement in the back unit.Assumable FHA loan at 2.875% for a qualified buyer who will live in one unit. Owner-occupant buyers may also qualify for low down payment financing on a 2-unit property, and lenders often count part of the second unit’s rent toward qualifying. Ask your lender how this one can work for you.The back unit has been refreshed with new LVP flooring, fresh interior paint, a gas range, owner-provided washer/dryer and refrigerator, plus its own enclosed yard. The front unit is carpeted with washer/dryer hookups and an owner-provided refrigerator. Both units are rented month-to-month, with no long-term leases to wait out.A shared detached double garage with a divider wall gives each unit its own space, with a walk-through door on the back unit’s side. Four driveway spaces bring the total to six off-street spots, three tandem per unit. Separate gas and electric meters, and starting in January each unit pays its own water and sewer. Roof is well maintained. Both units have been recently inspected and cleared by the City of Gresham Rental Inspector. Zoned mixed use for flexibility down the road, and the corner lot gives real visibility.Close to Mt. Hood Medical Center, a short drive to Mt. Hood Community College, and right on a bus route.Rather hold it as a rental? Long-term tenants would like to stay, so income is in place from day one. No seller financing. Interior viewing after an accepted offer. Please do not disturb tenants.

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Multi-Family Active

Price

$ 474,900

Bedrooms

4

Full Bath

2

Property Type

Multi-Family

Taxes

$ 4,624

Style

Lot Size

0.19

Year Built

1957

Town/City

Gresham

County/Region

Multnomah

MLS | Web ID

147490588

Features
General
Sewer PublicSewer
Heating ForcedAir
Cooling None WindowUnit
Roof Composition
Zoning CC
Garage Spaces 2.0
Year Built 1957
Stories Count 2
Tax Year 2025
Parcel Number R225299
Gross Income 36540.0
Community Features FrontYardLandscaping
County Multnomah
Net Operating Income 23640.0
Operating Expense 12900.0
Property Type MultiFamily
HOA N
Subdivision Name Newell Park
Rent Includes Sewer TrashCollection Water
Status Active
Directions SE on Ash from SE 223rd Avenue
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 FHA VALoan
Elementary School North Gresham
Tax Annual Amount 4624.84
Middle/Junior High School Clear Creek
Property Condition Restored
Virtual Tour https://www.zillow.com/view-imx/7ab339b3-8ee8-4a3a-9d36-b55c441235be?wl=true&setAttribution=mls&initialViewType=pano
Standard Status Active
Accessory Dwelling Unit Y/N N
Legal Description NEWELL PK BLOCK 9 LOT 9 EXC PT IN STS
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Interior
Basement CrawlSpace PartialBasement
Storage Basement 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 Driveway Garage
Lot Features CornerLot Level OnBusline
Water Source PublicWater
Total Parking 6.0
Exterior Description WoodSiding
Building Area Total 2108.0
Lot Size Acres 0.19
Road Surface Type Paved
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Internal Only
Street Number 1 22222
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* Excluded Features
List By
Real Broker

Broker

503-310-9127

Contact

Affordability Calculator

$3,665
Per Month
89%
11%
0%
Monthly Principal & Interest
$3,280
Monthly Property Taxes
$385
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 7.375% 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
1951223 Elementary School
1949905 Middle School
Gresham High School High School
Pricing History
DatePricePrice ChangeDescription
11/7/2026$474,900 -5.00% Price Down
8/9/2026$499,900 Listed Price

Map


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22222 SE ASH ST, Gresham, OR, 97030 is a Multi-Family Home for sale at $474,900 with 2,108 sqft and a lot size of 0.19. 22222 SE ASH ST has 4 bedrooms, 2.0 baths, and was built in 1957. The property's zip code is 97030 which is in Gresham, OR