711 SE 5th St

Gresham, OR 97080

$275,000
Last Sold Price
—
Beds
—
Baths
1,651 Sq. Ft.
$167 / Sq. Ft.
1,651
Sq. Ft.
$167
per Sq. Ft.
Get preapproved with Rocket Mortgage1
Sold 1/3/24
Sold 1/3/24
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Description

Rare Investment opportunity: 2 LOTS- ONE W/House already! ONLY BUILDABLE Lot available in downtown Gresham. Fixer/Development Opportunity! Property has been completely gutted and ready for remodel or complete demolition and development (interior pics are from previous listing before gutted). House: - 1,651 sq ft (including upstairs converted attics) - 1,366 Living Sq - 538 garage sq ft. Approved for ADU -2 tax lots- with lot line adjustment. CORNER LOT ALLOWS FOR DUPLEX, which would generate approx...Rare Investment opportunity: 2 LOTS- ONE W/House already! ONLY BUILDABLE Lot available in downtown Gresham. Fixer/Development Opportunity! Property has been completely gutted and ready for remodel or complete demolition and development (interior pics are from previous listing before gutted). House: - 1,651 sq ft (including upstairs converted attics) - 1,366 Living Sq - 538 garage sq ft. Approved for ADU -2 tax lots- with lot line adjustment. CORNER LOT ALLOWS FOR DUPLEX, which would generate approx $2,100/mo each. The tax record is incorrect, according to survey, it is a 10,000 sf lot. Zoning LDR5. Heart of downtown Gresham. SURVEY COMPLETED. .20 Acres (8,712 sq ft). New schools built across the street. Many options available!
  1. Listed by David Brownlee • Modern Realty
  2. Listed by Santino Filipelli • Modern Realty

Property Details for 711 Southeast 5th Street

Subdivision
DOWNTOWN GRESHAM
Parking Features
Garage, RVAccess Parking
Zoning
LDR-5
View
City, Park Greenbelt
Garage Spaces
1.00
Parking Total
1.00
LISTING UPDATED: 01/03/2024 11:40 AM

Property Details for 711 Southeast 5th Street

StatusSold
MLS #23046601
Days on Market74
Taxes$3,393 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeMulti Family
Year Built1949
Lot Size-
CountyMultnomah County
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Location

Listing Courtesy of Modern Realty

Sold By Mal & Seitz

Add your commute

Building Information for 711 Southeast 5th Street

Stories2Residences2Year Built1949Building Size-Lot Size-

Payment Calculator

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$1,623 per month

30 year fixed, 6.15% Interest

Principal and Interest

$1,340

Property Taxes

$283

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

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Property Information for 711 Southeast 5th Street

Summary
Location and General Information
  • Country: US
  • Directions: East on Powell from I-205, South on Roberts, East on 5th, Home on Left.
  • Road Surface: Concrete, Paved
School Information
  • Elementary School: East Gresham
  • Elementary School 2: East Orient
  • High School: Gresham
  • High School 2: Reynolds
  • Middle Or Junior School: Dexter Mc Carty
Parking
  • Attached Garage: No
Taxes and HOA
  • CC and R Y/N: No
  • FIRPTA: No
  • Tax Deferral: No
  • Tax Annual Amount: $3,393.02
  • Parcel Number: R305338
  • Tax Legal Description: WHITEHEADS ADD, BLOCK 5, LOT 5&6
Virtual Tour
  • Video Virtual Tour 1 Y/N: No
  • Video Virtual Tour 2 Y/N: No
Property
Lot Information
  • Lot Description: Corner Lot, Level, On Busline
  • Lot Size Range: Sq Ft10000to14999
  • Lot Size: 10,000 to 14,999 Sq Ft
Property and Assessments
  • Property Type: Multi Family
  • Water Description: Public Water
  • Property Condition: Fixer
  • Year Built: 1949
  • Property Attached: No
Utilities
  • Cooling Description: Window Unit
  • Fuel Description: Electricity
  • Heating Description: Baseboard
  • Hot Water Description: Electricity
  • Sewer Description: Public Sewer
  • Rent Includes: None
Green Features
  • Green Certification: No
Interior and Exterior Features
Exterior Features
  • Exterior Description: Cement Siding
  • Roof Type: Composition
Interior Features
  • Basement: Crawl Space, Dirt Floor, Exterior Entry
  • Foundation Details: Concrete Perimeter
  • View Y/N: Yes
  • Stories: 2
  • Cooling: Yes
  • Heating: Yes
Multi Family
Multi-Family Information
  • Number Of Units Total: 2
  • Gross Income Actual: $21,540.00
  • Gross Income Projected: $72,000.00
  • Gross Rent Multiplier: $13.88
  • Investor Information: According To Owner
  • Net Income Actual: $16,704.00
  • Operating Expense: $4,836.00
  • Storage: Garage
  • Unit Type Type: Unit Type Type1, Unit Type Type2
  • SqFt Approximate Building Total: 1651
Unit 1 Information
  • Unit Type 1 Baths Total: 1
  • Unit Type 1 Beds Total: 2
  • Unit Type 1 Rent: $1,795
  • Unit Type 1 SqFt: 1651.0
  • Unit Type 1 Units Total: 1
Unit 2 Information
  • Unit Type 2 Baths Total: 1
  • Unit Type 2 Beds Total: 2
  • Unit Type 2 Rent: $2,100
  • Unit Type 2 SqFt: 0.0
  • Unit Type 2 Units Total: 1

Property History for 711 Southeast 5th Street

DateEvent & SourcePriceAppreciation
Jan 17, 2025

Sold (Public Record)

Public Record #1549185869

$430,000

+52.8% / yr

Dec 29, 2023

Sold (Public Record)

Public Record #1524643846

$275,000—
Dec 29, 2023

Sold (Public Record)

Public Record #1524643846

$275,000—
Dec 29, 2023

Sold (Public Record)

Public Record #1524643846

$275,000

+15.0% / yr

Jan 23, 2015

Sold (Public Record)

Public Record #487134411

$79,000—
DateEvent & SourcePrice
01/17/2025

Sold (Public Record)

Public Record #1549185869

$430,000

+52.8% / yr

12/29/2023

Sold (Public Record)

Public Record #1524643846

$275,000
12/29/2023

Sold (Public Record)

Public Record #1524643846

$275,000
12/29/2023

Sold (Public Record)

Public Record #1524643846

$275,000

+15.0% / yr

01/23/2015

Sold (Public Record)

Public Record #487134411

$79,000

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 711 Southeast 5th Street

Taxable ValueLand-Additions-Total-
Tax Record2025$4,002 ($334 / month)
Home Facts
Beds2Baths1Total Finished SqFt1,366 SqFtAbove Grade Finished SqFt1,366 SqFtStories1Lot Size8,500 SqFtStyleSingle Family ResidenceYear Built1949ZoningLDRCountyMULTNOMAHAPN1S3E10DB 14400

Schools near 711 Southeast 5th Street

This home is within Gresham-Barlow School District 10j.
Rating
School
Type
Grades
Distance
East Gresham Elementary School
Public - K to 5
Dexter Mccarty Middle School
Public - 6 to 8
Gresham High School
Public - 9 to 12
Metro East Web Academy
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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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 Modern Realty

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: 01/03/2024 11:40 AM