18427 Southeast Yamhill Street

18427 Southeast Yamhill Street

Gresham, OR 97233

$445,000
Price
—
Beds
1,680 Sq. Ft.
$265 / Sq. Ft.
1,680
Sq. Ft.
$265
per Sq. Ft.

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Description

Nestled in the heart of Rockwood, this inviting duplex presents a blend of comfort, potential, and opportunity. With one unit currently tenanted at below-market value, there is ample room for growth in rental income, offering a promising avenue for investment returns. The other unit is vacant, perfect for owner-occupant buyers, or investors aiming to capitalize on its healthy potential rent. Each unit showcases a thoughtful layout that maximizes living space, promoting a warm, welcoming atmosphere....Nestled in the heart of Rockwood, this inviting duplex presents a blend of comfort, potential, and opportunity. With one unit currently tenanted at below-market value, there is ample room for growth in rental income, offering a promising avenue for investment returns. The other unit is vacant, perfect for owner-occupant buyers, or investors aiming to capitalize on its healthy potential rent. Each unit showcases a thoughtful layout that maximizes living space, promoting a warm, welcoming atmosphere. Stable, reliable tenants ensure a smooth transition for new owners, with features including a private fenced backyard for leisure and relaxation, off-street parking for convenience, and in-unit washers and dryers enhancing the functionality of each residence. Embrace the charm and investment potential of Rockwood with this duplex, where opportunity meets a vibrant community lifestyle.
  1. Listed by Zayda Arzen • eXp Realty, LLC • 503-730-9459

Property Details for 18427 Southeast Yamhill Street

Subdivision
Rockwood
Parking Features
Off Street
Zoning
RTC

Location

Listing Courtesy of eXp Realty, LLC
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LISTING UPDATED: 05/01/2024 02:46 AM

Property Details for 18427 Southeast Yamhill Street

StatusActive
MLS #24648254
Days on Market21
Taxes$3,267 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeMulti Family
Year Built1948
Lot Size-
CountyMultnomah County

Location

Listing Courtesy of eXp Realty, LLC
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Building Information for 18427 Southeast Yamhill Street

Stories1Residences2Year Built1948Building Size-Lot Size-

Payment Calculator

$2,701 per month

30 year fixed, 7.25% Interest

Principal and Interest

$2,429

Property Taxes

$272

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 18427 Southeast Yamhill Street

Summary
Location and General Information
  • Country: US
  • Directions: 182ND TO YAMHILL ON LEFT AT 184TH
  • Road Surface: Paved
School Information
  • Elementary School: Alder
  • High School: Reynolds
  • Middle Or Junior School: Reynolds
Taxes and HOA
  • Tax Year: 2022
  • Tax Annual Amount: $3,267.44
  • Parcel Number: R153581
  • Tax Legal Description: EASTWOOD, LOT 14 TL 3900
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Property
Lot Information
  • Lot Description: Corner Lot, Level, Trees
  • 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: 1948
Utilities
  • Cooling Description: None
  • Fuel Description: Gas
  • Heating Description: Wall Furnace
  • Hot Water Description: Gas
  • Sewer Description: Public Sewer
  • Rent Includes: Sewer, Water
Interior and Exterior Features
Exterior Features
  • Exterior Description: Lap Siding, Wood Siding
  • 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: $34,740.00
  • Gross Rent Multiplier: $12.81
  • Investor Information: According To Owner
  • Net Income Actual: $29,500.00
  • Operating Expense: $5,240.00
  • Security Features: Unknown
  • Storage: Deck, Individual Storage Units
  • Unit Type Type: Unit Type Type1, Unit Type Type2
  • SqFt Approximate Building Total: 1680
Unit 1 Information
  • Unit Type 1 Baths Total: 1
  • Unit Type 1 Beds Total: 2
  • Unit Type 1 Features: Range, Refrigerator, Washer Dryer Hookup, Window Coverings
  • Unit Type 1 Rent: $1,345
  • Unit Type 1 SqFt: 840.0
  • 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: Range, Refrigerator, Washer Dryer Hookup, Window Coverings
  • Unit Type 2 Rent: $1,345
  • Unit Type 2 SqFt: 840.0
  • Unit Type 2 Units Total: 1

Schools near 18427 Southeast Yamhill Street

This home is within Reynolds School District 7.
Rating
School
Type
Grades
Distance
Alder Elementary School
Public - K to 5
Reynolds Middle School
Public - 6 to 8
Reynolds High School
Public - 9 to 12
Rockwood Preparatory Academy
Charter - K to 7
Rating
School
Distance
Alder Elementary School
PublicK to 5

Reynolds Middle School
Public6 to 8

Reynolds High School
Public9 to 12

Rockwood Preparatory Academy
CharterK to 7

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 18427 Southeast Yamhill Street, Gresham, OR 97233

18427 Southeast Yamhill Street is a multi-family home for sale in Gresham, OR 97233. This property was listed for sale on April 10, 2024 by eXp Realty, LLC, it's currently listed at $445,000. This listing's school district is Reynolds School District 7. Nearby schools include Alder Elementary School, Reynolds Middle School and Reynolds High School. 18427 Southeast Yamhill Street is a 0-bed, 0-bath, 1,680 sqft multi-family home built in 1948.

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 expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of eXp Realty, LLC

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: 05/01/2024 02:46 AM