Occupied Duplex Income Property

1760 SE 9TH St Gresham, OR 97080

Claim this Listing
New
For Sale
$445,000

MULTI_FAMILY - Gresham, OR

Property size:
1,734 SF
Lot size:
0.19 Acres
Price / SF:
$256/SF
Added:
Jul 10, 2026
Days on Market:
1
Last Refresh:
Jul 10 at 5:06 pm

Property Features for 1760 SE 9TH St

General Information

Property type
Residential Multi Family
Property subtype
Other
Zoning
LDR-5
Bedrooms
4
Bathrooms
2
Rooms
Bathroom 2, Bathroom 1, Bedroom 1, Bedroom 3, Bedroom 2, Bedroom 4
Standard status
Active
APN
R279736
Size
1,734 SF
Lot size
0.19 Acres

Taxes and HOA fees

Tax Description
SUNCREST, BLOCK 1, LOT 6
Tax Annual Amount
4618

Utilities

Heating system
Baseboard

Building Details

Year built
1966
Floors in Building
1
Number of units
2
Roof type
Metal

Listing agent Yarina Romanyuk

Listing office MORE Realty 9792 SW Nimbus Ave, Tigard, OR

Listing date Jul 10, 2026

MLS# 735230246 Listing URL

Copyright © 2026 Regional Multiple Listing Services. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.


Investment Insights

Based on property information with market context.

This income-producing duplex in Gresham is offered as a well-maintained property with both units currently occupied. With tenants already in place, the duplex presents a turnkey setup from the time of closing, subject to offer acceptance and respect for tenants’ privacy for interior inspection.

The property is located at 1760 SE 9TH St in Multnomah County, Oregon (97080). It’s described as conveniently positioned near shopping, restaurants, parks, schools, public transportation, and major commuter routes.

The lot size is approximately 0.19 acres, and the property size is listed at 1,734 square feet. The property is zoned LDR-5.

Key Highlights

  • Income‑producing duplex with both units currently occupied by tenants
  • Year built: 1966
  • Metal roof

Local Financial Insights For Multifamily LT 5

Simulate Cap Rate and NOI

NOI Build-Up
Vacancy
income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
EGI (Effective Gross Income)
gross rent minus vacancy losses — the realistic income before paying operating costs.
OpEx (Operating Expenses)
recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
NOI (Net Operating Income)
income a property generates after operating costs but before financing and taxes.

Component $ $/SF
Gross rent $34.3k $19.80
− Vacancy −$1.4k −$0.83
EGI $32.9k $18.97
− OpEx −$9.9k −$5.69
NOI $23.0k $13.28
1,734 SF · lease $19.80/SF/yr · vacancy 4.20% · expense 30.00%

Alternative Uses

Best Use
Multifamily LT 5
$328.9K
$287.8K – $383.7K (±1% cap)
NOI $23,024 @ 7.0% cap · market cap 5.17%
Second Best
Apartment 5plus
$295.7K
$258.7K – $345.0K (±1% cap)
NOI $20,698 @ 7.0% cap · market cap 4.65%
Theoretical Best
Office A
$396.2K
$346.7K – $462.3K (±1% cap)
NOI $27,737 @ 7.0% cap · market cap 6.23%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Duplexes

Suggested Use

HVAC Service (Bike/Boat/Book/etc) Store Furniture & Home Goods (Bike/Boat/Book/etc) Store (Bike/Boat/Book/etc) Store Dental Office Butcher Pharmacy Pet Grooming Service Plumbing Service

Zoning and permitted uses should be independently verified with local authorities.

FAQs

What type of property is this?
Duplex - Well-maintained duplex in Gresham with both units currently occupied, offering an income-producing setup for new owners.
Where is this duplex located?
The property is located at 1760 SE 9TH St Gresham, OR.
What is the asking price?
The asking price for this property is $445,000.
What are key features of this property?
This property features: Income‑producing duplex with both units currently occupied by tenants; Year built: 1966; Metal roof
Contact an agent
More about this property
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