Extremely Rare Investment Opportunity in Auburn Gresham! Unlock the potential of this unique multi-parcel property – featuring 2 separate buildings, 2 garages, and 1 vacant lot, all included in one unbeatable package. This income-generating property offers: 3 Residential Units plus a non-conforming unit for additional rental income. Recently renovated interiors with brand-new kitchens, updated bathrooms, fresh paint, quartz countertops, and luxury vinyl plank (LVP) flooring throughout. Garage space for 3 vehicles (a 2-car garage with a party door – perfect for entertaining – and a 1-car garage), plus a parking pad and rear fencing Whether you’re an investor looking for strong long-term returns or a savvy buyer planning to live in one unit and rent the others, this property delivers flexibility and cash flow. Prime location near major transportation and popular retailers like Home Depot, Lowe’s, Chipotle, Floor & Decor, and more. Opportunities like this in Auburn Gresham don’t come around often – schedule your showing today before it’s gone! The 2-1 Bedrooms are currently rented at $1000 each so bringing in $2000 a month.
Property Details
Price:
$469,800
MLS #:
MRD12474819
Status:
Active
Beds:
7
Baths:
4
Type:
Multi Family
Neighborhood:
chiauburngresham
Listed Date:
Sep 18, 2025
Year Built:
1890
Schools
School District:
299
Interior
Heating
Natural Gas
Exterior
Community Features
Sidewalks, Street Lights, Street Paved
Construction Materials
Vinyl Siding, Brick
Parking Features
On Site, Garage Owned, Detached, Off Alley, Driveway, Garage
Parking Spots
8
Roof
Asphalt, Flat
Financial
Tax Year
2023
Taxes
$3,172
Listing Agent & Office
Lucas Alvarado
Ready Properties Inc
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