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Updated Duplex Property
For Sale
$649,000

570 NW BIRDSDALE Ave, Gresham, OR 97030

MultiFamily, Gresham, OR

Property Size2,408 SF
Lot Size0.26 Acres
Price / SF$269.52
Days on Market107

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 Bathroom 2, Bedroom 3, Bedroom 1, Bedroom 4, Bedroom 5, Bedroom 2, Bathroom 1
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

Amenities

covered backyard patio

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: Oct 2 Last Checked: Oct 9 at 10:06PM
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.

This updated duplex property offers 2,408 square feet with five bedrooms, two full bathrooms, and a spacious family room. Renovations include the roof, interior and exterior paint, windows, kitchen, bathrooms, appliances, flooring, and fixtures. The 1956-built property also features new landscaping and a covered rear patio.

Set on a 0.26-acre lot in Gresham, the property includes a secondary driveway with room for additional parking or RV and boat storage. The site also has space identified for a potential ADU or shop. Nearby context includes downtown Gresham, shopping centers, restaurants, cafes, neighborhood parks, and access to HWY 26. Zoning is LDR.

Key Highlights

  • 2,408 square feet with 5 bedrooms and 2 full bathrooms
  • Renovations include roof, windows, kitchen, bathrooms, flooring, appliances, and fixtures
  • 0.26‑acre lot with new landscaping and a covered backyard patio

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$31,973
Cap Rate
4.93%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$639,460 $639.5K
Cap Rate 7%
$456,757 $456.8K
Cap Rate 9%
$355,256 $355.3K
Market Conditions
NOI Build-Up for 2,408 SF
Gross rent
$47.7K $19.80/SF
− Vacancy
−$2.0K −$0.83/SF
EGI
$45.7K $18.97/SF
− OpEx
−$13.7K −$5.69/SF
NOI
$32.0K $13.28/SF
Area
Gresham, OR
Vacancy
4.20%
Lease Rate
$19.80 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$639,460
Cap Rate 7%
$456,757
Cap Rate 9%
$355,256

Alternative Uses

Best Use
Multifamily LT 5
$456.8K
$399.7K – $532.9K (±1% cap)
NOI $31,973 @ 7.0% cap · market cap 4.93%
Second Best
Apartment 5plus
$410.6K
$359.3K – $479.1K (±1% cap)
NOI $28,743 @ 7.0% cap · market cap 4.43%
Theoretical Best
Office A
$550.3K
$481.5K – $642.0K (±1% cap)
NOI $38,518 @ 7.0% cap · market cap 5.93%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

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Current Use

Duplexes

Suggested Use

Top Pick Grocery & Convenience Store Garden Center Parking Lot & Garage (Bike/Boat/Book/etc) Store Carpet & Flooring Store Electrical Service

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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Multifamily in West region

7% 2022
7.8% 2023
8.6% 2024
8.6% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Duplex - Renovated five-bedroom property with refreshed kitchens, bathrooms, finishes, landscaping, and flexible outdoor storage space.
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 $649,000.
What are key features of this property?
This property features: 2,408 square feet with 5 bedrooms and 2 full bathrooms; Renovations include roof, windows, kitchen, bathrooms, flooring, appliances, and fixtures; 0.26‑acre lot with new landscaping and a covered backyard patio
More about this property
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