OR > Gresham > Kelly Creek
Gresham, OR 97080,4038 SE POWELL VALLEY RD
Gresham, OR 97080,4038 SE POWELL VALLEY RD
Gresham, OR 97080,4038 SE POWELL VALLEY RD
Gresham, OR 97080,4038 SE POWELL VALLEY RD
Gresham, OR 97080,4038 SE POWELL VALLEY RD
Gresham, OR 97080,4038 SE POWELL VALLEY RD
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Nicole Richards

Nicole Richards

+1(503) 886-9156
Listed by Keller Williams PDX Central
$ 627,900
Est. payment | /mo

2,460 SqFt

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$ 627,900
Est. payment | /mo
Save Virtual Tour

2,460 SqFt

Key Details

Property Type Multi-Family

Listing Status Pending

Purchase Type For Sale

Square Footage 2,460 sqft

Price per Sqft $255

Subdivision Kelly Creek

MLS Listing ID 24463018

Year Built 2001

Annual Tax Amount $7,047

Tax Year 2024

Lot Size 7,405 Sqft

Property Description

A SOLID Investment property! Cap rate of 5.57% with a very low vacancy rate of 1%. This desirable property is a townhome style duplex with a great functional floorplan. A smart addition to your investment portfolio. The seller is the original owner. It has been well cared for inside and out. Each unit has 3 good size bedrooms, 2.5 baths, wall to wall carpet, newer roof 10/2018, newer LVP floors (4038)-2022 & vinyl floors in 2018 (4048) for easy care and maintenance. The open floor plan is ideal. Kitchens include a double sink, breakfast bar and all appliances for both units. The slider just of the dining area, gives easy access to a private patio & fenced backyard perfect. Six New LED front security lights provide ample light at night. The vinyl siding makes your maintenance and upkeep a breeze. On a bus line and less than a mile for shopping, dining & parks makes this a perfect location. Easy access to I84. Photos of unit 4048 were taken prior to the tenant move in and 4038 were taken in June of 2024.

Location

State OR

County Multnomah

Area _144

Zoning LDR-7

Rooms

Basement Crawl Space

Interior

Heating Wall Heater

Exterior

Garage Spaces 2.0

Roof Type Composition

Garage No

Building

Lot Description Level, On Busline, Trees

Story 2

Foundation Concrete Perimeter

Sewer Public Sewer

Water Public Water

Level or Stories 2

Schools

Elementary Schools Kelly Creek

Middle Schools Gordon Russell

High Schools Sam Barlow

Others

Acceptable Financing Cash, Conventional, FHA, VALoan

Listing Terms Cash, Conventional, FHA, VALoan

Regional Multiple Listing Service (RMLS)

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Nicole Richards

REALTOR®, Broker, Investor | Lic# OR 930200328 | AZ SA708210000

+1(503) 886-9156

222 Commercial St NE, Salem, OR, 97301

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4038 SE POWELL VALLEY RD