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Sold
    • $622,900

    4038 SE Powell Valley Rd, Gresham, OR 97080

    6beds
    2,460sqft
    Multi Family
    Built in 2001
    -- sqft lot
    $620,000 Zestimate®
    $253/sqft
    $2,655 Estimated rent

    Home value

    $620,000

    $570,000 - $676,000

    $2,655/mo

    Zestimate® history
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    What's special

    A SOLID Investment property! Cap rate of 5.57% with a very low vacancy rate of 1%. This desirable property is a townhome style duplex with a great functional floorplan. A smart addition to your investment portfolio. The seller is the original owner. It has been well cared for inside and out. Each unit has 3 good size bedrooms, 2.5 baths, wall to wall carpet, newer roof 10/2018, newer LVP floors (4038)-2022 & vinyl floors in 2018 (4048) for easy care and maintenance. The open floor plan is ideal. Kitchens include a double sink, breakfast bar and all appliances for both units. The slider just of the dining area, gives easy access to a private patio & fenced backyard perfect. Six New LED front security lights provide ample light at night. The vinyl siding makes your maintenance and upkeep a breeze. On a bus line and less than a mile for shopping, dining & parks makes this a perfect location. Easy access to I84. Photos of unit 4048 were taken prior to the tenant move in and 4038 were taken in June of 2024.

    Zillow last checked:

    Listing updated:

    Listed by:

    Tami Liesy 503-388-1881,

    Keller Williams PDX Central

    Bought with:

    Brent Ryder, 200903013

    The Broker Network, LLC

    Source: RMLS (OR),MLS#: 24463018MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 6
    • Bathrooms: 14
    • Full bathrooms: 4
    • Partial bathrooms: 10
    Appliances
    • Included: Dishwasher, Microwave, Range, Refrigerator, Electric Water Heater
    Features
    • Basement: Crawl Space
    Interior area
    • Total structure area: 2,460
    • Total interior livable area: 2,460 sqft

    Property

    Parking
    • Total spaces: 2
    • Parking features: Driveway, Off Street
    • Garage spaces: 2
    • Has uncovered spaces: Yes
    Features
    • Stories: 2
    Lot
    • Size: 7,405 Square Feet
    • Features: Level, On Busline, Trees, SqFt 7000 to 9999
    Details
    • Parcel number: R239833
    • Zoning: LDR-7

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Multi Family
    Materials
    • Vinyl Siding
    • Foundation: Concrete Perimeter
    • Roof: Composition
    Condition
    • Updated/Remodeled
    • Year built: 2001

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public

    Community & HOA

    Community
    • Security: Security Lights
    • Subdivision: Kelly Creek
    HOA
    • Has HOA: No
    Location
    • Region: Gresham

    Financial & listing details

    • Price per square foot: $253/sqft
    • Annual tax amount: $7,047
    • Date on market: 10/25/2024
    • Cumulative days on market: 169 days
    • Listing terms: Cash,Conventional,FHA,VA Loan
    • Total actual rent: 4190
    • Road surface type: Paved

    Price history

    DateEventPrice
    12/27/2024Sold$622,900-0.8%$253/sqft
    Source: RMLS (OR) #24463018 Report a problem
    12/9/2024Pending sale$627,900$255/sqft
    Source: RMLS (OR) #24463018 Report a problem
    10/25/2024Listed for sale$627,900$255/sqft
    Source: RMLS (OR) #24463018 Report a problem
    7/3/2024Listing removed--
    Source: Zillow Rentals Report a problem
    6/17/2024Price change$2,195-1.3%$1/sqft
    Source: Zillow Rentals Report a problem
    5/15/2024Price change$2,225-1.1%$1/sqft
    Source: Zillow Rentals Report a problem
    5/6/2024Listed for rent$2,250+11.1%$1/sqft
    Source: Zillow Rentals Report a problem
    3/27/2023Listing removed--
    Source: Zillow Rentals Report a problem
    3/15/2023Listed for rent$2,025+6.9%$1/sqft
    Source: Zillow Rentals Report a problem
    3/17/2022Listing removed--
    Source: Zillow Rental Manager Report a problem
    3/4/2022Listed for rent$1,895+30.7%$1/sqft
    Source: Zillow Rental Manager Report a problem
    11/15/2016Listing removed$1,450+1.8%$1/sqft
    Source: INTERWEST PROPERTIES, INC. Report a problem
    8/18/2015Listing removed$1,425$1/sqft
    Source: INTERWEST PROPERTIES, INC. Report a problem
    7/31/2015Listed for rent$1,425$1/sqft
    Source: INTERWEST PROPERTIES, INC. Report a problem

    Public tax history

    Tax history is unavailable.

    Neighborhood: Kelly Creek

    Nearby homes

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • Elementary: Kelly Creek
    • Middle: Gordon Russell
    • High: Sam Barlow

    Source: RMLS (OR). This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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    Estimated market value
    $620,000
    Get a cash offer in 3 minutes
    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
    Estimated market value
    $620,000

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