1695 Southeast 5th Street

Gresham, OR 97080

$499,800
Price
Beds
1,732 Sq. Ft.
$289 / Sq. Ft.
1,732
Sq. Ft.
$289
per Sq. Ft.

Description

This well-maintained duplex presents an excellent investment opportunity! Each unit boasts two bedrooms, one bathroom, a designated laundry room, and a full size garage, making them highly desirable for tenants seeking comfortable living spaces. With fresh upgrades in the vacant unit, including new flooring and a fresh coat of paint, these units are not only attractive to renters but also hold potential for owner-occupancy. Two standout features of this property are the separate fenced backyards...This well-maintained duplex presents an excellent investment opportunity! Each unit boasts two bedrooms, one bathroom, a designated laundry room, and a full size garage, making them highly desirable for tenants seeking comfortable living spaces. With fresh upgrades in the vacant unit, including new flooring and a fresh coat of paint, these units are not only attractive to renters but also hold potential for owner-occupancy. Two standout features of this property are the separate fenced backyards for each unit and a private nestled off street setting creating multiple parking spaces. This duplex provides versatility and the opportunity to offset your living expenses by renting out one unit and living in the other! Minutes to Winco, Fred Meyer, and more! Ask us about 5% down financing!
  1. Listed by Mark Charlesworth • Keller Williams PDX Central

Property Details for 1695 Southeast 5th Street

Parking Features
Garage, Paved
Zoning
LDR
View
City, Trees Woods

Location

Listing Courtesy of Keller Williams PDX Central
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LISTING UPDATED: 05/08/2024 03:31 PM

Property Details for 1695 Southeast 5th Street

StatusPending
MLS #24029076
Days on Market7
Taxes$4,346 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeMulti Family
Year Built1973
Lot Size0.17 AC / 7,405 SF
CountyMultnomah County

Location

Listing Courtesy of Keller Williams PDX Central
Add your commute

Building Information for 1695 Southeast 5th Street

Stories1Residences2Year Built1973Building Size-Lot Size0.17 AC / 7,405 SF

Payment Calculator

$3,090 per month

30 year fixed, 7.25% Interest

Principal and Interest

$2,728

Property Taxes

$362

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 1695 Southeast 5th Street

Summary
Location and General Information
  • Country: US
  • Directions: E Powell Blvd / SE Hogan Rd / SE 5th St
School Information
  • Middle Or Junior School: Dexter Mc Carty
Taxes and HOA
  • Tax Year: 2023
  • Tax Annual Amount: $4,346.19
  • Parcel Number: R270149
  • Tax Legal Description: SHOEMAKERS ADD, W 1/2 OF LOT 48 EXC N 150' & EXC PT IN ST
Property
Lot Information
  • Acres: 0.17
  • Lot Description: Level
  • Lot Size Square Feet: 7405.0
  • 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: Approximately
  • Year Built: 1973
Utilities
  • Fuel Description: Electricity
  • Heating Description: Zoned
  • Hot Water Description: Electricity
  • Sewer Description: Public Sewer
  • Rent Includes: Sewer, Trash Collection, Water
Interior and Exterior Features
Exterior Features
  • Exterior Description: Wood Siding
Interior Features
  • Stories: 1
Multi Family
Multi-Family Information
  • Number Of Units Total: 2
  • Gross Income Actual: $38,400.00
  • Gross Rent Multiplier: $13.02
  • Net Income Actual: $28,196.00
  • Operating Expense: $8,284.00
  • Storage: Garage
  • Unit Type Type: Unit Type Type1, Unit Type Type2
  • SqFt Approximate Building Total: 1732
Unit 1 Information
  • Unit Type 1 Baths Total: 1
  • Unit Type 1 Beds Total: 2
  • Unit Type 1 Features: Dishwasher, Range, Refrigerator, Washer Dryer Hookup
  • Unit Type 1 Rent: $0
  • Unit Type 1 SqFt: 866.0
  • Unit Type 1 Units Total: 1
Unit 2 Information
  • Unit Type 2 Baths Total: 1
  • Unit Type 2 Beds Total: 2
  • Unit Type 2 Features: Dishwasher, Range, Refrigerator, Washer Dryer Hookup
  • Unit Type 2 Rent: $1,490
  • Unit Type 2 SqFt: 866.0
  • Unit Type 2 Units Total: 1

Public Records for 1695 Southeast 5th Street

Taxable ValueLand-Additions-Total-
Tax Record2017$3,452 ($288 / month)
Home Facts
Beds4Baths2Above Grade Finished SqFt1,732 SqFtStories1Lot Size7,500 SqFtStyleSingle Family ResidenceYear Built1973Year Renovated1973ZoningLDRCountyMULTNOMAHAPNR270149

Schools near 1695 Southeast 5th Street

This home is within Gresham-Barlow School District 10j.
Rating
School
Type
Grades
Distance
Public - K to 5
Public - 6 to 8
Public - 9 to 12
Charter - K to 12
Rating
School
Distance
East Gresham Elementary School
PublicK to 5

Dexter Mccarty Middle School
Public6 to 8

Gresham High School
Public9 to 12

Metro East Web Academy
CharterK 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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Listing Courtesy of Keller Williams PDX Central

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 © 2024 RMLS, Portland, Oregon. Last updated: 05/08/2024 03:31 PM