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Sarita Dua

OPERATOR | The AskSarita Team | Keller Williams Sunset Corridor

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22222 SE Ash St , Gresham, OR 97030
$499,900
Est. Payment: $2,553.07/mo
4 Bed
2 Bath
2108 Sqft
Status: Active | Days on site: 30
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RBRK01 - SARDOD
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House Description

Turnkey Gresham Duplex: Two Units, Two Garages, One great Corner Lot! Clean, well-maintained duplex in a great neighborhood location, home to long-term residents. This is an excellent first-time investment opportunity in Gresham's Newell Park neighborhood, built in 1957, on a .19-acre corner lot. Two 2-bed/1-bath units, sharing one detached double garage with a divider wall giving each unit its own space, plus a walk-through door on the back unit's side for direct access. Six total off-street parking spaces (two garage, four driveway), giving each unit 3 tandem spaces, plenty of room for tenants and guests. Total 2,100 SF includes a 336 SF basement in the back unit, with potential to convert to a legal bedroom with a window well (buyer to verify). Both units are currently rented month-to-month. Separate gas and electric meters mean tenants cover their own gas and electric; owner covers water, sewer, and landscaping. The back unit has been refreshed with new LVP flooring, fresh interior paint, a gas range, and 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, and is home to a long-term tenant who's been in place for years, low turnover, reliable income. Roof has been well maintained. The property is zoned mixed use, opening the door to options beyond straight residential. Being on a corner lot means real visibility, exposure most duplexes this size just don't get. Financials: see MLS income data for full details. A solid, first-time investment opportunity with room to grow. Location does a lot of the work here too: a short drive to Mt. Hood Community College, close to Mt. Hood Medical Center, and right on a bus route. Call your agent, this one won't last at $499,900.

Highlights

Listed by Daniela Sardo , 503-310-9127 Real Broker , 855-450-0442. Portland Regional Multiple Listing Service mls logo

Property Type

Multi-Family

Lot/Acreage
0.19

Year Built

1957

County

Multnomah

Area

144 - Gresham, Sandy, Troutdale, Corbett

Neighborhood

Newell Park

Listing ID

147490588

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Interior Features

Bedrooms and Bathrooms
  • Bedrooms:4
  • Bathrooms:2
  • Full Bathrooms:2
Air Cond:Window Unit(s)
Fireplaces:
Basement:Crawl Space,Partial Basement
Water:Public Water

Exterior Features

Lot:Corner Lot,Level,On Busline
Garage Capacity:6
Zoning:CC
Roof:Composition
Others:
  • Additional:Restored
Sewer:Public Sewer
Parking Features:Driveway,Garage
Principal Interest
$2,553
Taxes
$385

Home Price

$499,900

Loan Details

30 yrs
6.596%

Down Payment

20%
$99,980
All calculations are estimates and provided by Blueroof360. Today’s Rates provided by Blueroof360. Information and interactive calculators are made available to you only as self-help tools for your independent use and are not intended to provide investment or tax advice. We cannot and do not guarantee their applicability or accuracy in regards to your individual circumstances. All examples are hypothetical and are for illustrative purposes. We encourage you to seek personalized advice from qualified professionals regarding all personal finance issues.
Monthly Price:
$2,553.07

Principal

Taxes

Principal Taxes HOA Total
Monthly $2,553.07 $385.40 $0.00 $2,938.47
Yearly $30,636.81 $4,624.84 $0.00 $35,261.65
Total $919,104.42 $138,745.20 $0.00 $1,057,849.62

Today's Rates

30 Year

6.6%

20 Year

6.33%

15 Year

6.05%

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Market insight data is pulled from the same city as the listing being viewed (Gresham, OR).

The schools listed are within a 2-mile radius of the property; however, attendance is not guaranteed. Please contact the local school district to confirm zoning and enrollment options.


The data relating to real estate for sale on this web site comes in part from the Portland Regional Multiple Listing Service. Real estate listings held by brokerage firms other than The AskSarita Team | Keller Williams Sunset Corridor are marked with the IDX logo and detailed information about them includes the name of the listing brokers.

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Data last updated: 2026-09-07T13:53:59.000Z

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