2490 SE 7TH ST

Gresham, OR 97080

$645,000

The entire interior has been beautifully remodeled — featuring modern finishes, new stainless steel appliances, fresh paint, updated flooring, and stylish kitchens and bathrooms. Spacious front yard and large private backyard perfect for relaxing or entertaining. Excellent location just minutes to shopping centers, restaurants, parks, and schools. A fantastic turn-key… Read MoreRead Less

Listing courtesy of homecoin.com.

Listing Snapshot

Days Online

Last Updated

May 16, 2025

Lot Size

0.19 Acres

Year Built

1978

MLS Number

518038502

30 Days Snapshot Of 97080

$559k

+12%

(avg) sold price

+10%

homes sold

-27%

(avg) days on market

Snapshot

Area Map

Additional Details

Basement

Basement: CrawlSpace

Building

Built in 1978, Storage: Garage, Stories: 1, Unit Type Type: UnitTypeType1, UnitTypeType2

Expenses

Operating Expense: $9,006

Exterior Features

Exterior Description: CementSiding, LapSiding

Foundation

Foundation Details: ConcretePerimeter

Heating

Heating: WallFurnace

Income

CAP Rate: 6.6, Gross Income: $51,600, Gross Rent Multiplier: 12.5, Net Operating Income: $42,594

Lot

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

Parking

Features: Attached, Garage

Property

Number Of Units Total: 2, Zoning: LDR

Roof

Roof: Composition

Sewer

Sewer: PublicSewer

Taxes

Annual Amount: $4,802, Legal Description, Tax Year: 2024

Unit One

Actual Rent: $2,100, Area: 988, Features: Refrigerator, WasherDryerHookup, WindowCoverings, WoodFloors, Units Total: 1, 1 total bathroom, 2 total bedroom

Unit Two

Actual Rent: $2,200, Area: 832, Features: Refrigerator, WasherDryerHookup, WindowCoverings, WoodFloors, Units Total: 1, 2 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 © 2025 RMLS, Portland, Oregon.

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

This content last updated on May 16, 2025. 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 May 16, 2025. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.

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