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Sold
  • $815,000

    1546 NE Cleveland Ave, Gresham, OR 97030

    8beds
    3,840sqft
    Multi Family
    Built in 2003
    -- sqft lot
    $812,400 Zestimate®
    $212/sqft
    $1,806 Estimated rent

    Home value

    $812,400

    $772,000 - $861,000

    $1,806/mo

    Zestimate® history
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    $5,393/mo

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    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

    Zillow last checked:

    Listing updated:

    Listed by:

    Sally Olsson 503-679-7980,

    Real Broker

    Bought with:

    Wansi Huang, 201217458

    Redfin

    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: $212/sqft
    • Annual tax amount: $9,612
    • Date on market: 4/30/2026
    • Cumulative days on market: 107 days
    • Listing terms: Call Listing Agent,Cash,Conventional
    • Total actual rent: 5803
    • Road surface type: Concrete, Paved

    Price history

    DateEventPrice
    9/8/2026Sold$815,000+1.9%$212/sqft
    Source: RMLS (OR) #336267263 Report a problem
    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.

    Neighborhood: North Central

    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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    Estimated market value
    $812,400
    Get a cash offer in 3 minutes
    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
    Estimated market value
    $812,400