Two-Unit Duplex
765-775 Southeast Roberts Avenue Gresham, OR 97080
765-775 Southeast Roberts Avenue, Gresham, OR, 97080
$625,000
For Sale
$625,000
Duplex with a four-bedroom and two-bedroom unit generating stated monthly income of $2,900 and $1,450.
Property Size2,692 SF
Price / SF$232.17
Days on Market71
Property Features for 765-775 Southeast Roberts Avenue
General Information
- Standard status
- Active
- Size
- 2,692 SF
- Property subtype
- Multi Family
Building Details
- Year Built
- 1959
Listing agency
Rarebird Real Estate
(971) 273-5547
Listed by
Benjamin Ficker · License #200412166
(971) 273-5547
Source
Compass
Added: May 12 Updated: Jul 21 at 12:29AM Checked: Jul 21 at 6:50AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Rarebird Real Estate
Investment Insights
Based on property information with market context.
This duplex investment property includes two residential units: a four-bedroom unit and a two-bedroom unit. The seller-reported income is $2,900 for the four-bedroom unit and $1,450 for the two-bedroom unit. Offer terms are subject to interior inspection.
The property is located at 765-775 Southeast Roberts Avenue in Gresham, Oregon.
The building offers a straightforward two-unit configuration that can support investors seeking both unit mix and current income, as reflected in the provided figures.
The property is located at 765-775 Southeast Roberts Avenue in Gresham, Oregon.
The building offers a straightforward two-unit configuration that can support investors seeking both unit mix and current income, as reflected in the provided figures.
Key Highlights
- Duplex in Gresham with a 4‑bedroom unit and a 2‑bedroom unit
- Stated monthly income: $2,900 from the 4‑bedroom unit and $1,450 from the 2‑bedroom unit
- 2‑story duplex built in 1959 with concrete perimeter foundation
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 | $53.3k | $19.80 |
| − Vacancy | −$2.2k | −$0.83 |
| EGI | $51.1k | $18.97 |
| − OpEx | −$15.3k | −$5.69 |
| NOI | $35.7k | $13.28 |
2,692 SF · lease $19.80/SF/yr · vacancy 4.20% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$510.6K
$446.8K – $595.7K
NOI $35,744 @ 7.0% cap · market cap 5.72%
Second Best
Apartment 5plus
$459.0K
$401.7K – $535.6K
NOI $32,133 @ 7.0% cap · market cap 5.14%
Theoretical Best
Office A
$615.2K
$538.3K – $717.7K
NOI $43,061 @ 7.0% cap · market cap 6.89%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
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FAQs
What type of property is this?
Duplex - Duplex with a four-bedroom and two-bedroom unit generating stated monthly income of $2,900 and $1,450.
Where is this duplex located?
The property is located at 765-775 Southeast Roberts Avenue 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: Duplex in Gresham with a 4‑bedroom unit and a 2‑bedroom unit; Stated monthly income: $2,900 from the 4‑bedroom unit and $1,450 from the 2‑bedroom unit; 2‑story duplex built in 1959 with concrete perimeter foundation
