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3321-3323 SE 12th St
Gresham, OR 97080 Kelly Creek

$500,000 USD

Apartments For Sale  •  2,352 SF

Property Details

  • Property Type Apartments
  • Total Building Size 2,352 SF
  • Lot Size 0.21 AC
  • Building Class C
  • Year Built 1981
  • Cap Rate 6.79 %
30 Transit Score
50 Walk Score

Highlights

The three bed unit is turn-key and vacant - perfect for an owner-occupied "house-hack" investor
Second unit is on a month-to-month basis and is approximately 25% below market rent
Opportunity to drive income through billing back water/sewer and garbage to the tenants
Desirable unit mix with spacious 3BD/2BA and a 2BD/1BA with washer/ dryer hookups
Both units have a spacious backyard and energy efficient vinyl windows
Each unit has its own large garage, usable for tandem parking or storage with additional driveway parking and on-street parking

Property Flyers

Cap Rate: 6.79 %

Public Transportation

AirportDriveWalkDistance
Portland International 26 min - 15.2 mi
Jordan Carter 503-720-8147 Kidder Mathews
Jordan Carter 503-720-8147 Kidder Mathews