231 SE ELLIOTT AVE

Gresham, OR 97080

Active

Multifamily

Virtual Tour

$599,000

One side is vacant ready for owner occupied to house hack, or make this dialed in duplex part of your investment portfolio. Near the heart of downtown Gresham, this well maintained duplex built in 2001 has a spacious 3 bedroom / two and a half bath layout on each side.… Read MoreRead Less

Listing courtesy of Premiere Property Group, LLC.

Listing Snapshot

Days Online

Last Updated

Jun 6, 2026

Square Ft.

2,454

Lot Size

0.16 Acres

Year Built

2001

MLS Number

267644677

30 Days Snapshot Of 97080

$499k

-12%

(avg) sold price

-14%

homes sold

-6%

(avg) days on market

Snapshot

Area Map

Additional Details

Property Access

Road Surface Type: Paved

Basement

Basement: None

Building

Building Area Total: 2454, Built in 2001, Stories: 2, Unit Type Type: UnitTypeType1, UnitTypeType2

Cooling

Cooling: AirConditioningReady

Expenses

Operating Expense Scheduled: 19200, Operating Expense: $20,125

Exterior Features

Exterior Description: MetalSiding

Foundation

Foundation Details: ConcretePerimeter

Garage

Garage Spaces: 2

Heating

Heating: ForcedAir

Income

CAP Rate: 1.6, Gross Income: $29,700, Gross Rent Multiplier: 20.17, Gross Scheduled Income: $48,000, Net Operating Income: $9,575, Net Scheduled Income: 28800

Lot

Features: Level, Size Acres: 0.16, Size Range: SqFt7000to9999, Size Square Feet: 6,969, Size: 7,000 to 9,999 SqFt

Miscellaneous

Investor Information: AccordingToOwner

Parking

Features: Driveway, 2 total parking spots

Property

Number Of Units Total: 2, Zoning: LDR

Roof

Roof: Composition

Sewer

Sewer: PublicSewer

Taxes

Annual Amount: $6,727, Legal Description, Tax Year: 2025

Unit One

Actual Rent: $1,275, Area: 1227, Features: Dishwasher, Range, Refrigerator, WasherDryerHookup, Units Total: 1, 3 total bathrooms, 3 total bedroom

Unit Two

Area: 1227, Features: Dishwasher, Range, Refrigerator, WasherDryerHookup, Units Total: 1, 3 total bathrooms, 3 total bedroom

Utilities

Fuel Description: Electricity, Hot Water Description: Electricity, Water Source: PublicWater

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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 eXp Realty, LLC are marked with the RMLS logo, and detailed information about these properties includes the names of the listing brokers. Listing content is copyright © 2026 RMLS, Portland, Oregon.

All information provided is deemed reliable but is not guaranteed and should be independently verified.

This content last updated on Jun 6, 2026. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.
This content last updated on Jun 6, 2026. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.

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