765 775 SE ROBERTS Ave, Gresham, OR 97080
For Sale
$600,000
MultiFamily, Gresham, OR
Property Size2,692 SF
Lot Size0.34 Acres
Price / SF$222.88
Days on Market183
Property Features for 765 775 SE ROBERTS Ave
General Information
Property type
Property subtype
Zoning
Bedrooms
Bathrooms
Full bathrooms
Rooms
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Elementary school
Middle school
High school
Directions
Subdivision
Standard status
APN
Size
Lot size
Additional Details
Tenant in Place
Taxes and HOA fees
Tax Description
Tax Annual Amount
Legal Description
Utilities
Heating system
Building Details
Year built
Floors in Building
Number of units
Roof type
Listing Agency:
Rarebird Real Estate
(503) 451-0545
Listed By:
Benjamin Ficker · License OR #122440
(971) 273-5547
Added: May 12
Changed: Nov 10
Last Checked: Nov 10 at 9:06PM
MLS# 575264615
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.
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Investment Insights
Based on property information with market context.
This duplex contains two residences: one with four bedrooms and the other with two. The building was constructed in 1959 and has zoned heating. Its roof is identified as both shingle and composition.
The property occupies a 0.34-acre lot and includes 2,692 square feet of building area. Zoning is LDR-5.
The property occupies a 0.34-acre lot and includes 2,692 square feet of building area. Zoning is LDR-5.
Key Highlights
- Two residences with four‑bedroom and two‑bedroom layouts
- 2,692 square feet of building area on a 0.34‑acre lot
- Built in 1959
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$35,744
Cap Rate
5.96%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$714,880
$714.9K
Cap Rate 7%
$510,629
$510.6K
Cap Rate 9%
$397,156
$397.2K
Market Conditions
NOI Build-Up for 2,692 SF
Gross rent
$53.3K $19.80/SF
− Vacancy
−$2.2K −$0.83/SF
EGI
$51.1K $18.97/SF
− OpEx
−$15.3K −$5.69/SF
NOI
$35.7K $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%
$714,880
Cap Rate 7%
$510,629
Cap Rate 9%
$397,156
Alternative Uses
Best Use
Multifamily LT 5
$510.6K
$446.8K – $595.7K
NOI $35,744 @ 7.0% cap · market cap 5.96%
Second Best
Apartment 5plus
$459.0K
$401.7K – $535.6K
NOI $32,133 @ 7.0% cap · market cap 5.36%
Theoretical Best
Office A
$615.2K
$538.3K – $717.7K
NOI $43,061 @ 7.0% cap · market cap 7.18%
Zoning and permitted uses should be independently verified with authorities.
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Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
803
Businesses Nearby
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Business Placement
Demographics for 97080, OR
45,647
Population
17,276
Households
2.6
Avg Household Size
38
Median Age
28%
College-Educated
90%
High-School Grad
21.6 sq mi
ZIP Area
2,113
Density / Sq Mi
$96,218
Median Household Income
$47,562
Median Earnings
$1,596
Median Rent
$485,000
Median Home Value
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Market
Average Price Trend$/SF for Duplexes in Gresham, OR
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Vacancy Rate% for Multifamily in West region
Frequently Asked Questions
What type of property is this?
Duplex - The two residences offer four-bedroom and two-bedroom layouts.
Where is this duplex located?
The property is located at 765 775 SE ROBERTS Ave Gresham, OR.
What is the asking price?
The asking price for this property is $600,000.
What are key features of this property?
This property features: Two residences with four‑bedroom and two‑bedroom layouts; 2,692 square feet of building area on a 0.34‑acre lot; Built in 1959
