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Listed by RE/MAX Equity Group
$ 449,900
Est. payment /mo
Active
18427 SE YAMHILL ST Gresham, OR 97233
1,680 SqFt
UPDATED:
Key Details
Property Type Multi-Family
Listing Status Active
Purchase Type For Sale
Square Footage 1,680 sqft
Price per Sqft $267
MLS Listing ID 630979031
Year Built 1948
Annual Tax Amount $3,816
Tax Year 2025
Lot Size 6,969 Sqft
Property Description
Don't miss this fantastic duplex offering strong income potential and long-term value. This well-maintained property features two spacious units, each with 2 bedrooms, 1 bathroom, and private entrances—ideal for both investors and owner-occupants.Inside, both units offer open-concept living and dining areas, functional kitchens, and comfortable layouts. Dedicated off-street parking adds convenience for tenants, while recent updates and a solid rental history make this a truly turn-key opportunity.One unit is currently vacant, providing immediate flexibility for an owner-occupant or the chance to set market rent right away. The second unit is rented at $1,500 per month plus utilities, offering instant income from day one.The location is a major highlight—situated in a quiet residential neighborhood by Rockwood Central Park, schools, and major transit routes. The MAX Blue Line is just blocks away, making commuting to downtown Portland quick and easy. Tenants will also love the close proximity to Fred Meyer, WinCo Foods, Natural Grocers, and a variety of local restaurants, cafés, and everyday conveniences.Whether you're looking to expand your investment portfolio, generate strong rental income, or live in one unit while offsetting your mortgage, this Gresham duplex checks all the boxes.
Location
State OR
County Multnomah
Area _143
Zoning RTC
Rooms
Basement Crawl Space
Interior
Heating Wall Furnace
Cooling None
Exterior
Roof Type Composition
Garage No
Building
Lot Description Corner Lot, Level, Trees
Story 1
Foundation Concrete Perimeter
Sewer Public Sewer
Water Public Water
Level or Stories 1
Schools
Elementary Schools Alder
Middle Schools Reynolds
High Schools Reynolds
Others
Acceptable Financing Cash, Conventional, FHA, Other
Listing Terms Cash, Conventional, FHA, Other







