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(541) 314-8609
Real Estate Company
22222 SE ASH ST, Gresham, OR 97030
- $499,900
- 2,108
- SqFt
- List Price
- $499,900
- Days on Market
- 89
- MLS#
- 147490588
- Property Type
- Multifamily
- Sqft. of Residence
- 2,108
- Lot Size
- 7, 000 to 9, 999 SqFt
- Region
- Gresham, Sandy, Troutdale, Corbett
- Status
- ACTIVE
Property Description
Live in one unit and let the other help pay the mortgage. This well maintained duplex sits on a .19-acre corner lot in Gresham’s Newell Park neighborhood, with two 2-bed/1-bath units and 2,100 SF total, including a 336 SF basement in the back unit.Assumable FHA loan at 2.875% for a qualified buyer who will live in one unit. Owner-occupant buyers may also qualify for low down payment financing on a 2-unit property, and lenders often count part of the second unit’s rent toward qualifying. Ask your lender how this one can work for you.The back unit has been refreshed with new LVP flooring, fresh interior paint, a gas range, owner-provided washer/dryer and refrigerator, plus its own enclosed yard. The front unit is carpeted with washer/dryer hookups and an owner-provided refrigerator. Both units are rented month-to-month, with no long-term leases to wait out.A shared detached double garage with a divider wall gives each unit its own space, with a walk-through door on the back unit’s side. Four driveway spaces bring the total to six off-street spots, three tandem per unit. Separate gas and electric meters, and starting in January each unit pays its own water and sewer. Roof is well maintained. Both units have been recently inspected and cleared by the City of Gresham Rental Inspector. Zoned mixed use for flexibility down the road, and the corner lot gives real visibility.Close to Mt. Hood Medical Center, a short drive to Mt. Hood Community College, and right on a bus route.Rather hold it as a rental? Long-term tenants would like to stay, so income is in place from day one. No seller financing. Interior viewing after an accepted offer. Please do not disturb tenants.
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Additional Information
- Tax Amount
- $4,624
- Year Built
- 1957
- High School
- Gresham
- Elementary School
- North Gresham
- Middle School
- Clear Creek
- Garage Spaces
- 2
- Acres
- 0.19
- Living Area
- 2,108
- Stories
- 2
- Subdivision
- Newell Park
- Terms
- Cash, Conventional, FHA, VA Loan
- Cooling Description
- None, Window Unit(s)
- Fuel Description
- Gas
- Heating Description
- Forced Air
- Hoa Rent Includes
- Sewer, Trash Collection, Water
- Hot Water Description
- Electricity
- Exterior Description
- Wood Siding
- Roof Type
- Composition
- Sewer Description
- Public Sewer
- Parking
- Driveway, Garage
- Parking Description
- Driveway, Garage
- Road Surface
- Paved
- Number Of Units Total
- 2
- Unit Type One Baths Total
- 1
- Unit Type One Beds Total
- 2
- Unit Type One Rent
- 1400
- Unit Type One Sq Ft
- 972
- Unit Type One Units Total
- 1
- Unit Type Two Baths Total
- 1
- Unit Type Two Beds Total
- 2
- Unit Type Two Units Total
- 1
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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 © 2026 RMLS of Portland, Oregon. All information provided is deemed reliable but is not guaranteed and should be independently verified. This content last updated on . Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.