$745000

Price cut: $5K (08-12-2025)

2 Bed
2 Bath
2935 SqFt
50 DOM
Built: 1976
Status: Active

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Mohanraj Rajendran

Real Estate Agent

(503) 336-1515

Discover an exceptional investment opportunity with this triplex, ideally situated with Gresham Golf Course frontage and directly across the street from Mt. Hood Community College. This prime location offers both scenic views and convenience. Each unit in this triplex has a new roof, flooring and fresh interior paint, along with other miscellaneous updates, ensuring a low-maintenance easy-to-own investment. Two units are currently vacant, presenting a unique advantage for the savvy investor to reposition them at market rents. Alternatively, this vacancy makes it an ideal scenario for an owner-occupied buyer looking to live in one unit while generating income from the others. The third unit is a fully furnished rental, currently bringing in $1,950 per month. Whether you're an investor seeking to maximize rental income or a owner-occupied buyer looking for a property with great income, this triplex offers a compelling blend of location, condition, and income potential.

Listing Provided Courtesy of Cory Carlson, Constant Commercial Real Estate Inc

General Information

MLS #168207230
Type
Days on Market 50 DOM
Beds2
Lot Size 0.27 acres
Baths2
SqFt2935
Year built1976
ZoningCMF
CountyMultnomah
Tax IDR286096
ElemHall
MiddleGordon Russell
HighSam Barlow
PropCategoryMultiFamily
PropType
Neighborhood (Legal)THE I W TR, LOT 1 TL 100

Listing Provided Courtesy of Cory Carlson, Constant Commercial Real Estate Inc

Mohan Realty Group data last checked: Aug 15, 2025 16:26 | Listing last modified Aug 12, 2025 11:00, Source:

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Residence Information

Upper SqFt
Main SqFt
Lower SqFt
Total SqFt2935
SFSrc
TotUp/Mn
Fireplaces
Bdrms2
Full Bath
Partial Bath
Total Bath2
RoofComposition
Garage
Style
ParkingDriveway,OffStreet
Levels2
Year Built1976
Green CertNo
Energy Eff
ExteriorT111Siding
Bsmt/FndCrawlSpace
RV
URM
BasementCrawlSpace
FoundationStemWall
Windows
Amenities

Features and Utilities

Living
Kitchen
Interior
Exterior
Accessibility
Cool
Water
HeatBaseboard, WallHeater
SewerPublicSewer
Hot Water
FuelElectricity

Financial

PTax/Yr7756.7
HOA
HOA InclSewer,TrashCollection,Water
HOA Fee
Other Dues
Terms ConsideredCash,Conventional
List Date06-23-2025
Rent (If Rented)
Bank Owned/REONo
Short SaleNo

Comparable Information

Pending Date
DOM 50
CDOM 53
Sold Date
TermsCash,Conventional
Original Price$750,000
List Price$745,000
Sold Price
Last ModifiedAug 12, 2025 11:00

Schools

Elementary : Hall N/A Ratings

Middle : Gordon Russell N/A Ratings

High : Sam Barlow N/A Ratings

Map

Listing courtesy of Constant Commercial Real Estate Inc.

The content relating to real estate for sale on this site comes in part from the IDX program of the RMLS of Portland, Oregon. Real Estate listings held by brokerage firms other than this firm are marked with the RMLS logo, and detailed information about these properties include the name of the listing's broker. Listing content is copyright © 2019 RMLS of Portland, Oregon. All information provided is deemed reliable but is not guaranteed and should be independently verified. Mohan Realty Group data last checked: Aug 15, 2025 16:26 | Listing last modified Aug 12, 2025 11:00. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.

2035 NE KANE DR