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Updated Midcentury Duplex Home
For Sale
$625,000

570 NW BIRDSDALE Ave, Gresham, OR 97030

MULTI_FAMILY - Gresham, OR

Property Size2,408 SF
Lot Size0.26 Acres
Price / SF$259.55
Days on Market37

Property Features for 570 NW BIRDSDALE Ave

General Information

Property type Residential Multi Family
Property subtype Other
Zoning LDR
Bedrooms 5
Bathrooms 2
Full bathrooms 2
Rooms Bedroom 2, Bathroom 2, Bedroom 1, Bathroom 1, Bedroom 5, Bedroom 3, Bedroom 4
View Territorial
Elementary school East Gresham
Middle school Dexter McCarty
High school Gresham
Directions East on NW Division, Right on NW Birdsdale, House is on the left.
Subdivision _144
Standard status Active
APN R338795
Size 2,408 SF
Lot size 0.26 Acres

Taxes and HOA fees

Tax Description SECTION 09 1S 3E, TL 12700 0.26 ACRES
Tax Annual Amount 5958
Legal Description SECTION 09 1S 3E, TL 12700 0.26 ACRES

Building Details

Year built 1956
Floors in Building 2
Number of units 2
Roof type Composition
Listing Agency: Modern Realty
Listed By: Alex Shevchuk
Added: Jun 25 Changed: Jul 30 Last Checked: Jul 31 at 2:06AM
MLS# 157981669

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.

Updated midcentury ranch-style duplex home with a 5-bedroom layout and two full bathrooms, including a large family room. The property features a composition roof and a covered backyard patio. Recent updates include a new roof, exterior and interior paint, new windows, a new kitchen and bathrooms, appliances, flooring, and fixtures.

Set on a sizable 11,326-square-foot (.26-acre) lot with new landscaping, the home offers space for a potential ADU or shop. A secondary driveway provides room for additional parking and RV or boat storage.

Built in 1956, the home is located in a northwest neighborhood setting with convenient access to Gresham Downtown, shopping centers, restaurants, cafes, neighborhood parks, and easy access to HWY 26.

Key Highlights

  • 5 bedrooms and two full bathrooms with a large family room
  • 11,326‑sq‑ft (.26‑acre) lot with new landscaping
  • 2408 SF home built in 1956 with a composition roof

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 $47.7k $19.80
− Vacancy −$2.0k −$0.83
EGI $45.7k $18.97
− OpEx −$13.7k −$5.69
NOI $32.0k $13.28
2,408 SF · lease $19.80/SF/yr · vacancy 4.20% · expense 30.00%

Alternative Uses

Best Use
Multifamily LT 5
$456.8K
$399.7K – $532.9K (±1% cap)
NOI $31,973 @ 7.0% cap · market cap 5.12%
Second Best
Apartment 5plus
$410.6K
$359.3K – $479.1K (±1% cap)
NOI $28,743 @ 7.0% cap · market cap 4.60%
Theoretical Best
Office A
$550.3K
$481.5K – $642.0K (±1% cap)
NOI $38,518 @ 7.0% cap · market cap 6.16%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

Current Use

Duplexes

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Storage Facility Catering Service Fish Market Tech Support Center Restaurant

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Yes
Highway access

Location Intelligence

Trade Area within ½ mile

216
Businesses Nearby

Demographics for 97030, OR

39,492
Population
16,500
Households
2.4
Avg Household Size
37
Median Age
21%
College-Educated
88%
High-School Grad
7.5 sq mi
ZIP Area
5,266
Density / Sq Mi
$61,793
Median Household Income
$40,352
Median Earnings
$1,604
Median Rent
$418,100
Median Home Value

Market

Vacancy Rate% for Multifamily in West region

7% 2022
7.8% 2023
8.6% 2024
8.6% 2025
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Frequently Asked Questions

What type of property is this?
Duplex - Duplex-style ranch updated throughout with LDR zoning, two full baths, covered patio, and space for an ADU or shop.
Where is this duplex located?
The property is located at 570 NW BIRDSDALE Ave Gresham, OR.
What is the asking price?
The asking price for this property is $625,000.
What are key features of this property?
This property features: 5 bedrooms and two full bathrooms with a large family room; 11,326‑sq‑ft (.26‑acre) lot with new landscaping; 2408 SF home built in 1956 with a composition roof
More about this property
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