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    54 NW 13 St Gresham, OR 97030

    For Sale
    $980,000

    MULTI_FAMILY - Gresham, OR

    Property size:
    5,304 SF
    Lot size:
    0.31 Acres
    Days on Market:
    79
    Last Refresh:
    Dec 13 at 10:06 pm

    Property Features for 54 NW 13 St

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Standard status
    Active
    Zoning
    DRL-1
    Rooms
    Bedroom 5, Bedroom 3, Bedroom 7, Bathroom 4, Bedroom 8, Bedroom 6, Bedroom 4, Bathroom 3, Bedroom 2, Bathroom 2, Bathroom 1, Bedroom 1
    Bedrooms
    8
    APN
    R286259
    Size
    5,304 SF
    Lot size
    0.31 Acres

    Building Details

    Year built
    1965
    Floors in Building
    1
    Number of units
    6
    Roof type
    Composition

    Kelly Right Real Estate of Portland (509) 489-7000 [email protected]

    Listing agent Kelvin Chao (503) 719-6056

    Listing date Sep 26, 2025

    MLS# 740745747 Listing URL

    Copyright © 2025 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.

    Overview

    Gresham 6-Plex Investment Opportunity

    This single-story 6-plex is located in Gresham, Oregon, and features 2-bedroom, 1-bath units. The property is situated close to schools, public transportation, and shopping. It includes a newer roof installed in 2021, a fenced perimeter, and a designated parking lot. Each unit has a private back patio. An on-site owner/manager office is available. Additional income is generated from coin-operated laundry machines. The property has a history of low vacancy rates and long-term tenants. Current rents are slightly below market rate, providing upside potential for future income growth. The property is zoned DRL-1 and sits on a 0.31-acre lot. The building size is 5304 square feet. This 6-plex is positioned as an investment opportunity in Gresham.
    Property Profile Location Intelligence

    Current Use by Public Records

    Apartment buildings

    Suggested Use

    Catering Service Seafood Restaurant Fish Market Diner Shoe Repair Storage Facility Supermarket Chinese Restaurant Bike Shop Wine and Liquor Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Gresham
    County
    Multnomah
    State
    Oregon
    Longitude
    -122.432119
    Latitude
    45.506223

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    FAQs

    What type of property is this?
    Apartment building - Six-unit apartment building in Gresham, Oregon, with income growth potential.
    Where is this apartment building located?
    The property is located at 54 NW 13 St Gresham, OR.
    What is the asking price?
    The asking price for this property is $980,000.
    What are key features of this property?
    This property features: - Prime location in Gresham, Oregon, near schools, public transportation, and shopping.; - Six 2-bedroom, 1-bath units offer consistent rental income potential.; - Newer roof (2021) reduces near-term maintenance costs.
    (503) 719-6056
    Request Owner's contact information
    54 NW 13 St Gresham, OR 97030
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    Gresham, OR 97030
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    54 NW 13 St Gresham, OR 97030
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