933 SE RENE AVE

Gresham, OR 97080

$515,000

Owner occupancy possible, one unit will be vacant 7/1. Two-unit investment property offering immediate rental income and below-market rent upside. Each unit features 2 bedrooms, 1 bath, washer-dryer hookups, private backyard, and attached garage - amenities that command strong tenant retention in this high-demand Gresham rental corridor. Both units occupied;… Read MoreRead Less

Listing courtesy of Think Real Estate.

Listing Snapshot

Days Online

Last Updated

Jun 6, 2026

Square Ft.

1,786

Lot Size

0.19 Acres

Year Built

1978

MLS Number

476797140

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: CrawlSpace

Building

Building Area Total: 1786, Built in 1978, Storage: Garage, Stories: 1, Unit Type Type: UnitTypeType1, UnitTypeType2

Disclosures

Disclosures: Disclosure

Expenses

Operating Expense Scheduled: 6011, Operating Expense: $9,196

Exterior Features

Exterior Description: Stone, T111Siding

Foundation

Foundation Details: ConcretePerimeter

Garage

Garage Spaces: 2

Heating

Heating: Baseboard

Income

CAP Rate: 5.37, Gross Income: $36,867, Gross Rent Multiplier: 13.97, Gross Scheduled Income: $36,871, Net Operating Income: $27,671, Net Scheduled Income: 30860

Lot

Features: Level, Size Acres: 0.19, Size Range: SqFt7000to9999, Size Square Feet: 8,276, Size: 7,000 to 9,999 SqFt

Miscellaneous

Investor Information: AccordingToOwner, Leases, MaintenanceRecordsAvailable, UtilityRecordsAvailable

Parking

Features: Garage, OffStreet

Property

Number Of Units Total: 2, Property Condition: Existing, Zoning: MDR12

Roof

Roof: Composition

Sewer

Sewer: PublicSewer

Taxes

Annual Amount: $4,987, Legal Description, Tax Year: 2025

Unit One

Actual Rent: $1,530, Area: 893, Features: Dishwasher, Disposal, Range, Refrigerator, Units Total: 1, 1 total bathroom, 2 total bedroom

Unit Two

Actual Rent: $1,495, Area: 893, Features: Dishwasher, Disposal, Range, Refrigerator, Units Total: 1, 1 total bathroom, 2 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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