Listed by Berkshire Hathaway HomeServices NW
$720,000
18635 SE Division ST
Details
APN R116026
Property Type Multifamily
Sub Type Apartment Building
Square Footage 2,944
Units 3
Cap Rate 6.29%
NOI $12,222
Year Built 1977
Acreage 0.290
Zoning MR3
Multifamily | 6.29% CAP | 3 Units
Marketing description
Triplex in convenient Gresham location near the Springwater Trail, oering excellent access
to outdoor recreation and nearby amenities. Property includes two 2-bedroom, 1-bath units of approximately 750 square feet
each, plus a larger 3-bedroom, 2-bath unit of approximately 1,444 square feet—ideal for owner-occupancy or maximizing rental
income. Situated on Division Street with easy access to public transportation, making commuting simple and convenient. Ample
o-street parking with space for up to 9 vehicles. A versatile property with strong rental appeal and exible living options.
Listing Contacts
Listed by Berkshire Hathaway HomeServices NW
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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$12,222.00
$1,018.50/mo
Valuation Metrics
0
DSCR
1.7%
Cap Rate
1.7%
ROI
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