885 SE Lambert Cir

Beds
Baths
1,664 Sq. Ft.
$291 / Sq. Ft.
1,664
Sq. Ft.
$291
per Sq. Ft.

Description

Ideal duplex! This single-level duplex will have both sides vacant by close which allows multiple possibilities! Located at the end of the Lambert Circle cul-de-sac for quiet living, both floor plans are 2 bed/1 bath, 832 sq ft on a large lot (.21 acres). Both units include a single-car garage and large private backyards. City of Gresham says this property is eligible to build an ADU on, buyer to do due diligence. Conveniently located close to downtown Gresham, Gradin Community Sports Park & Thom...Ideal duplex! This single-level duplex will have both sides vacant by close which allows multiple possibilities! Located at the end of the Lambert Circle cul-de-sac for quiet living, both floor plans are 2 bed/1 bath, 832 sq ft on a large lot (.21 acres). Both units include a single-car garage and large private backyards. City of Gresham says this property is eligible to build an ADU on, buyer to do due diligence. Conveniently located close to downtown Gresham, Gradin Community Sports Park & Thom Park and Mt. Hood Community College with easy access to highway 26. Rentometer has median rents at 1550 for 2 bedroom/1 bath units in this area, buyer to do due diligence.
  1. Listed by Blake Salisbury • MORE Realty • 503-308-2160

Property Details for 885 Southeast Lambert Circle

Parking Features
Garage
Zoning
MDR-12
Garage Spaces
4.00
Parking Total
4.00
LISTING UPDATED: 12/24/2023 10:02 AM

Property Details for 885 Southeast Lambert Circle

StatusSold
MLS #23387869
Days on Market50
Taxes$4,384 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeMulti Family
Year Built1978
Lot Size-
CountyMultnomah County

Location

Listing Courtesy of MORE Realty

Sold By Limbrick Real Estate Group

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Building Information for 885 Southeast Lambert Circle

Stories1Residences2Year Built1978Building Size-Lot Size-

Payment Calculator

$2,808 per month

30 year fixed, 6.46% Interest

Principal and Interest

$2,442

Property Taxes

$365

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

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Property Information for 885 Southeast Lambert Circle

Summary
Location and General Information
  • Country: US
  • Directions: SE 7th and Lambert Circle, end of the cul-de-sac
  • Road Surface: Paved
School Information
  • Elementary School: Hogan Cedars
  • High School: Gresham
  • Middle Or Junior School: Dexter Mc Carty
Parking
  • Attached Garage: No
Taxes and HOA
  • CC and R Y/N: No
  • FIRPTA: No
  • Tax Year: 2023
  • Tax Deferral: No
  • Tax Annual Amount: $4,384.20
  • Parcel Number: R164231
  • Tax Legal Description: FLEMING TERRACE, BLOCK 3, LOT 4
Virtual Tour
  • Video Virtual Tour 1 Y/N: No
  • Video Virtual Tour 2 Y/N: No
Property
Lot Information
  • Lot Description: Cul_de_sac
  • 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: Updated Remodeled
  • Year Built: 1978
  • Property Attached: No
  • Unreinforced Masonry Bldg: No
Utilities
  • Cooling Description: None
  • Fuel Description: Electricity
  • Heating Description: Other
  • Hot Water Description: Electricity
  • Sewer Description: Public Sewer
  • Rent Includes: Sewer, Trash Collection, Water
Green Features
  • Green Certification: No
Interior and Exterior Features
Exterior Features
  • Exterior Description: Brick, T111Siding, Wood Siding
  • Roof Type: Composition
Interior Features
  • Basement: Crawl Space
  • Foundation Details: Concrete Perimeter
  • View Y/N: No
  • Stories: 1
  • Cooling: No
  • Heating: No
Amenities
Amenities Information
  • Internet Service Type: Wireless
Multi Family
Multi-Family Information
  • Number Of Units Total: 2
  • Gross Income Actual: $12,769.00
  • Gross Income Projected: $20,870.00
  • Gross Rent Multiplier: $39.12
  • Investor Information: According To Owner, Tax Returns Available
  • Net Income Actual: $6,548.00
  • Net Income Projected: 14649
  • Operating Expenses Projected: $6,221.00
  • Operating Expense: $6,221.00
  • Security Features: None
  • Storage: Garage
  • Unit Type Type: Unit Type Type1, Unit Type Type2
  • SqFt Approximate Building Total: 1664
Unit 1 Information
  • Unit Type 1 Baths Total: 1
  • Unit Type 1 Beds Total: 2
  • Unit Type 1 Features: Fireplace, Range, Refrigerator, Washer Dryer
  • Unit Type 1 Rent: $0
  • Unit Type 1 SqFt: 832.0
  • 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, Fireplace, Range, Refrigerator
  • Unit Type 2 Rent: $0
  • Unit Type 2 SqFt: 832.0
  • Unit Type 2 Units Total: 1

Schools near 885 Southeast Lambert Circle

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
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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Listing Courtesy of MORE Realty

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