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Pending
    • Price cut: $15K (7/16)
    $800,000

    1546 NE Cleveland Ave, Gresham, OR 97030

    8beds
    3,840sqft
    : 
    $5,944/mo
    Get pre-qualified
    Multi Family
    Built in 2003
    -- sqft lot
    $-- Zestimate®
    $208/sqft
    $-- HOA

    What's special

    Thoughtful open-concept layoutIn-unit washer and dryerWell-equipped kitchens
    Fully leased 4-unit multifamily asset delivering immediate cash flow with strong retention. Each of the four units offers 2 bedrooms, 1.5 bathrooms, and 960 square feet with a thoughtful, open-concept layout featuring spacious living and dining areas, well-equipped kitchens, in-unit washer and dryer, and desirable private outdoor spaces (decks for upper units, patios for lower units) enhancing rental appeal and stability.Low-maintenance investment with newer roof (~1 year) and consistent upkeep. Located near Historic Downtown Gresham, Gresham Station, parks, and MAX Blue Line, supporting long-term rental demand. Walk Score 75, Bike 79, Transit 56. Ideal for investors seeking stable income with upside potential. For Google Maps directions use address: 1568 NE Cleveland Ave, Gresham, OR 97030
    118 days
    |
    387
    |
    29
    |

    Zillow last checked:

    Listing updated:

    Listed by:

    Sally Olsson 503-679-7980,

    Real Broker

    Source: RMLS (OR),MLS#: 336267263MLS Logo

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 8
      • Bathrooms: 8
      • Full bathrooms: 4
      • Partial bathrooms: 4
      Appliances
      • Included: Dishwasher, Range, Refrigerator, Washer/Dryer, Electric Water Heater
      Features
      • Basement: None
      Interior area
      • Total structure area: 3,840
      • Total interior livable area: 3,840 sqft

      Property

      Parking
      • Total spaces: 8
      • Parking features: Assigned, Driveway
      • Has uncovered spaces: Yes
      Features
      • Stories: 2
      • Has view: Yes
      • View description: Trees/Woods
      Lot
      • Size: 0.33 Acres
      • Features: Flag Lot, Level, Private, SqFt 10000 to 14999
      Details
      • Parcel number: R511989
      • Zoning: MDR-24

      Construction

      Type & style
      • Home type: MultiFamily
      • Property subtype: Multi Family
      Materials
      • Lap Siding, Vinyl Siding
      • Foundation: Slab
      • Roof: Composition
      Condition
      • Existing
      • Year built: 2003

      Utilities & green energy

      • Sewer: Public Sewer
      • Water: Public

      Community & HOA

      Community
      • Features: All Landscaping
      HOA
      • Has HOA: No
      Location
      • Region: Gresham

      Financial & listing details

      • Price per square foot: $208/sqft
      • Annual tax amount: $9,612
      • Date on market: 4/30/2026
      • Cumulative days on market: 118 days
      • Listing terms: Call Listing Agent,Cash,Conventional
      • Total actual rent: 5803
      • Road surface type: Concrete, Paved

        Estimated market value

        Not available

        Estimated sales range

        Not available

        Not available

        Price history

        DateEventPrice
        8/16/2026Pending sale$800,000$208/sqft
        Source: RMLS (OR) #336267263 Report a problem
        7/16/2026Price change$800,000-1.8%$208/sqft
        Source: RMLS (OR) #336267263 Report a problem
        6/18/2026Listed for sale$815,000$212/sqft
        Source: RMLS (OR) #336267263 Report a problem
        5/7/2026Pending sale$815,000$212/sqft
        Source: RMLS (OR) #336267263 Report a problem
        4/30/2026Listed for sale$815,000+81.1%$212/sqft
        Source: RMLS (OR) #336267263 Report a problem
        10/9/2015Sold$450,000$117/sqft
        Source: RMLS (OR) #15555650 Report a problem
        7/11/2015Listed for sale$450,000$117/sqft
        Source: Keller Williams - Portland Central #15555650 Report a problem

        Public tax history

        Tax history is unavailable.

        Monthly payment

        Est. payment

        Payment breakdown

        Explore the cost of this home by adjusting the details. Changes won't be saved.
        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
        See how much you could borrow to make a competitive offer.
        Get pre-qualified

        Climate risks

        Neighborhood: North Central

        Getting around

        76 / 100
        Very Walkable
        56 / 100
        Good Transit
        79 / 100
        Very Bikeable

        Nearby schools

        GreatSchools rating
        Schools provided by the listing agent
        • Elementary: Highland
        • Middle: Clear Creek
        • High: Gresham

        Source: RMLS (OR). This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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