933 SE Rene Ave

Gresham, OR 97080

$515,000
Price
—
Beds
—
Baths
1,786 Sq. Ft.
$288 / Sq. Ft.
1,786
Sq. Ft.
$288
per Sq. Ft.
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Description

Owner occupancy possible, one unit will be vacant 7/1. Two-unit investment property offering immediate rental income and below-market rent upside. Each unit features 2 bedrooms, 1 bath, washer-dryer hookups, private backyard, and attached garage - amenities that command strong tenant retention in this high-demand Gresham rental corridor. Both units occupied; current combined rent $3,025/month with room to grow to market. Located near schools, parks, transit, and shopping. Sale subject to interior...Owner occupancy possible, one unit will be vacant 7/1. Two-unit investment property offering immediate rental income and below-market rent upside. Each unit features 2 bedrooms, 1 bath, washer-dryer hookups, private backyard, and attached garage - amenities that command strong tenant retention in this high-demand Gresham rental corridor. Both units occupied; current combined rent $3,025/month with room to grow to market. Located near schools, parks, transit, and shopping. Sale subject to interior inspection upon accepted offer. Please do not disturb tenants, drive-by only. Exterior photos current; interior photos are from prior to current tenancy.
  1. Listed by Shannon Dooley • Think Real Estate

Property Details for 933 Southeast Rene Avenue

Subdivision
HOGAN CEDARS
Parking Features
Garage, Off Street
Zoning
MDR12
Garage Spaces
2.00
LISTING UPDATED: 06/03/2026 01:16 PM

Property Details for 933 Southeast Rene Avenue

StatusActive
MLS #476797140
Days on Market17
Taxes$4,987 / year
HOA Fees-
Condo/Co-op Fees-
Property TypeMulti Family
MLS TypeMulti Family
Year Built1978
Lot Size0.19 AC / 8,276 SF
CountyMultnomah County
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Location

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Building Information for 933 Southeast Rene Avenue

Stories1Residences2Year Built1978Building Size-Lot Size0.19 AC / 8,276 SF

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$2,982 per month

30 year fixed, 6.36% Interest

Principal and Interest

$2,566

Property Taxes

$416

HOA Dues

$0

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Property Information for 933 Southeast Rene Avenue

Summary
Location and General Information
  • Country: US
  • Directions: SE Powell Valley Rd.
  • Road Surface: Paved
School Information
  • Elementary School: Hogan Cedars
  • High School: Gresham
  • Middle Or Junior School: Dexter Mc Carty
Taxes and HOA
  • Tax Year: 2025
  • Tax Annual Amount: $4,987.48
  • Parcel Number: R253608
  • Tax Legal Description: REN-A TERRACE, BLOCK 2, LOT 4
Property
Lot Information
  • Acres: 0.19
  • Lot Description: Level
  • Lot Size Square Feet: 8276.0
  • Lot Size Range: Sq Ft7000to9999
  • Lot Size: 7,000 to 9,999 Sq Ft
Property and Assessments
  • Property Type: Multi Family
  • Water Description: Public Water
  • Property Condition: Existing
  • Year Built: 1978
Utilities
  • Fuel Description: Electricity
  • Heating Description: Baseboard
  • Hot Water Description: Electricity
  • Sewer Description: Public Sewer
  • Rent Includes: Water
Interior and Exterior Features
Exterior Features
  • Exterior Description: Stone, T111Siding
  • Roof Type: Composition
Interior Features
  • Basement: Crawl Space
  • Foundation Details: Concrete Perimeter
  • Stories: 1
Multi Family
Multi-Family Information
  • Number Of Units Total: 2
  • Gross Income Actual: $36,867.00
  • Gross Income Projected: $36,871.00
  • Gross Rent Multiplier: $13.97
  • Investor Information: According To Owner, Leases, Maintenance Records Available, Utility Records Available
  • Net Income Actual: $27,671.00
  • Net Income Projected: 30860
  • Operating Expenses Projected: $6,011.00
  • Operating Expense: $9,196.00
  • Storage: Garage
  • Unit Type Type: Unit Type Type1, Unit Type Type2
  • SqFt Approximate Building Total: 1786
Unit 1 Information
  • Unit Type 1 Baths Total: 1
  • Unit Type 1 Baths Decimal: 1.00
  • Unit Type 1 Beds Total: 2
  • Unit Type 1 Features: Dishwasher, Disposal, Range, Refrigerator
  • Unit Type 1 Rent: $1,530
  • Unit Type 1 SqFt: 893.0
  • Unit Type 1 Units Total: 1
Unit 2 Information
  • Unit Type 2 Baths Total: 1
  • Unit Type 2 Baths Decimal: 1.00
  • Unit Type 2 Beds Total: 2
  • Unit Type 2 Features: Dishwasher, Disposal, Range, Refrigerator
  • Unit Type 2 Rent: $1,495
  • Unit Type 2 SqFt: 893.0
  • Unit Type 2 Units Total: 1

Schools near 933 Southeast Rene Avenue

This home is within Gresham-Barlow School District 10j.
Rating
School
Type
Grades
Distance
Hogan Cedars Elementary School
Public - K to 5
Dexter Mccarty Middle School
Public - 6 to 8
Gresham High School
Public - 9 to 12
Springwater Trail High School
Public - 9 to 12
Rating
School
Distance
Hogan Cedars Elementary School
PublicK to 5

Dexter Mccarty Middle School
Public6 to 8

Gresham High School
Public9 to 12

Springwater Trail High School
Public9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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More information about 933 Southeast Rene Avenue, Gresham, OR 97080

933 Southeast Rene Avenue is a multi-family home for sale in Gresham, OR 97080. This property was listed for sale on May 19, 2026 by Think Real Estate, it's currently listed at $515,000. This listing's school district is Gresham-Barlow School District 10j. Nearby schools include Hogan Cedars Elementary School, Dexter Mccarty Middle School and Gresham High School. 933 Southeast Rene Avenue is a 0-bed, 0-bath, 1,786 sqft multi-family home built in 1978.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass, Inc., its subsidiaries, affiliates and their agents and associated third parties expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Think Real Estate

All information provided is deemed reliable but is not guaranteed and should be independently verified. The content relating to real estate for sale on this web site comes in part from the IDX program of the RMLS of Portland Oregon. Real estate listings held by brokerage firms other than Compass are marked with the RMLS logo and detailed information about these properties includes the names of the listing brokers. Copyright © 2026 RMLS, Portland, Oregon. Last updated: 06/03/2026 01:16 PM