The three-bedroom Duplex unit currently sits vacant, allowing for immediate move-in of an owner-occupant or the opportunity for an investor to lease up the unit at market rent. For tenants or an owner-occupant who want light rail access into Portland, the MAX Blue Line’s Cleveland Avenue station is a short drive away, and historic downtown Gresham — with its shops, restaurants, and Main City Park, is within walking distance. Spacious fenced backyards for each unit allow for quiet outdoor enjoyment for current and prospective tenants. Situated in a quiet, established residential pocket of Gresham, the property offers an easy pace of daily living without sacrificing connectivity. SE Palmquist Road provides quick access to both US- 26/Powell Boulevard and SE Hogan Road. An excellent duplex opportunity for an owner-occupier or investor!
Excellent Investment Opportunity! Duplex situated on a large 8,519 sq. ft. corner lot just one block from MAX for convenient commuting. Long-term ownership of over 20 years with excellent rental history.Unit #1 features 2 bedrooms, 1 bath, newer range & refrigerator, laminate flooring and inside utility room with washer/dryer hookups, utility sink and storage cabinets. Large fenced yard is separated from the adjoining unit for added privacy. Enclosed and gated carport provides additional storage plus a separate storage shed.Unit #2 offers a similar 2-bedroom, 1-bath floor plan plus a bonus room that could provide flexible space for an office, den or potential 3rd bedroom (no closet). Also includes inside utility, fenced yard, enclosed/gated carport and storage.Major improvements include NEW roof & gutters in 2023 and NEW vinyl windows in 2019. Exterior is ready for fresh paint and your personal touch.One unit is currently vacant for easy viewing. Long-term tenant in occupied unit has been there approximately 20+ years and currently pays $1,100/month, reflecting reduced rent in consideration of assistance with yard/property care. Vacant unit most recently rented for $1,600/month. Current rents indicate potential rental upside. Great opportunity for investor or owner-occupant looking to build equity and generate income!
Turnkey Gresham Duplex: Two Units, Two Garages, One great Corner Lot! Clean, well-maintained duplex in a great neighborhood location, home to long-term residents. This is an excellent first-time investment opportunity in Gresham's Newell Park neighborhood, built in 1957, on a .19-acre corner lot. Two 2-bed/1-bath units, sharing one detached double garage with a divider wall giving each unit its own space, plus a walk-through door on the back unit's side for direct access. Six total off-street parking spaces (two garage, four driveway), giving each unit 3 tandem spaces, plenty of room for tenants and guests. Total 2,100 SF includes a 336 SF basement in the back unit, with potential to convert to a legal bedroom with a window well (buyer to verify). Both units are currently rented month-to-month. Separate gas and electric meters mean tenants cover their own gas and electric; owner covers water, sewer, and landscaping. The back unit has been refreshed with new LVP flooring, fresh interior paint, a gas range, and owner-provided washer/dryer and refrigerator, plus its own enclosed yard. The front unit is carpeted with washer/dryer hookups and an owner-provided refrigerator, and is home to a long-term tenant who's been in place for years, low turnover, reliable income. Roof has been well maintained. The property is zoned mixed use, opening the door to options beyond straight residential. Being on a corner lot means real visibility, exposure most duplexes this size just don't get. Financials: see MLS income data for full details. A solid, first-time investment opportunity with room to grow. Location does a lot of the work here too: a short drive to Mt. Hood Community College, close to Mt. Hood Medical Center, and right on a bus route. Call your agent, this one won't last at $499,900.
Turnkey Investment Opportunity – Tenant OccupiedDon’t miss this excellent opportunity to add a well-maintained, income-producing property to your investment portfolio. Located in a convenient Gresham neighborhood, this split-level home is currently tenant occupied with established residents who would like to remain, offering the potential for immediate rental income and a seamless transition for the next owner.The home features 2 comfortable bedrooms and 1.5 bathrooms, providing a functional layout that appeals to a variety of tenants. The split-level design creates separate living spaces, offering flexibility and a sense of privacy while maximizing the home’s square footage. A spacious living area welcomes natural light, creating a warm and inviting atmosphere.Outside, you’ll find a generous backyard with plenty of room for outdoor entertaining, gardening, recreation, or future enhancements, making it an attractive feature for long-term renters. The attached garage provides secure parking and additional storage space, adding everyday convenience and value.Conveniently located near shopping, dining, schools, parks, public transportation, and major commuter routes, this property is well positioned in an area with strong, consistent rental demand. Whether you’re expanding your investment portfolio or purchasing your first rental property, this home offers immediate income potential along with long-term appreciation opportunities. This is an outstanding opportunity to acquire a property with strong investment appeal in a desirable Gresham location.No showings. Once accepted offer received will be contingent on interior inspection. Please do not disturb the tenants.
Beautiful 3 bedroom 2.5 bath Townhome. This home has a new roof, New exterior paint, and an completely updated kitchen and flooring through out the home. There is an Attached Garage and fully fenced back yard. This unit is occupied and has a long term tenant. No HOA fees. All showings would be set up after an acceptable contingent offer to minimize the intrusion on the tenants. This private off the road property is located centrally in Gresham and easy acces to town and all major area freeways. Please also see 1016 SE 9th that is attached and listed as well.
Excellent investment or owner-occupancy opportunity with this well-maintained duplex offering spacious layouts, private outdoor spaces, and an outstanding location. Each residence is thoughtfully designed to provide comfort and functionality while maintaining its own sense of privacy. The first unit offers three bedrooms, one bathroom, a detached garage, and a generous living area that is ideal for everyday living and entertaining. The second unit features two bedrooms, two bathrooms, an attached garage, and an equally spacious floor plan with plenty of room to spread out. Both residences enjoy their own fully fenced private yards, creating inviting outdoor spaces for relaxing, gardening, or gatherings. A large driveway provides ample off-street parking and convenient access to both garages. Ideally located near shopping, dining, everyday amenities, Gresham Golf Course, and Mt. Hood Community College, this property combines versatility with an exceptional location. Whether you're looking to expand your real estate portfolio or occupy one residence while generating income from the other, this duplex offers flexibility, privacy, and lasting value in a convenient Gresham setting.
Welcome to this fully Updated Midcentury Ranch Style Home! Located in the desired Northwest Neighborhood. Great open layout featuring 5 Bedrooms, Two full Bathrooms and a large Family Room. Updates include: New Roof, Exterior / Interior Paint, Windows, New Kitchen & Bathrooms, Appliances, Flooring, Fixtures, and more! Sizable 11,326 sqft (.26 acre) lot with beautiful new landscaping. Space for a potential ADU or Shop. Covered backyard patio. Secondary driveway with room for additional parking or RV / Boat storage. Conveniently located near Gresham Downtown, Shopping Centers, Restaurants, Cafés, Neighborhood Parks and easy access to HWY 26!
Rare opportunity to own two units for the price of one. This income-producing duplex at 18427–18429 SE Yamhill Street offers a 7.79% cap rate on approximately $36,000 in annual gross income, with two separate 2-bedroom, 1-bath units, each with its own private entrance. Versatile options: hold both as rentals, or occupy one unit and rent the other to offset your housing costs. Well located near public transportation, shopping, parks, and major commuter routes. Figures based on current rents; buyer to verify all information to their satisfaction.
Two-unit investment property offering immediate rental income. Both units occupied under current leases. Each unit features 2 bedrooms, 1 bath, washer-dryer hookups, private backyard, and attached garage. Located near schools, parks, transit, and shopping. Very low turnover.Unit 935 was recently updated (Aug 2026) with new exterior fence, fresh paint, new carpet, and new kitchen flooring and countertops. Newer range hood and stove (2024) and disposal (2025) Unit 933 was updated prior to current tenants, additionally new range hood (2024) and new dishwasher (2025).Sale subject to interior inspection with accepted offer. Please do not disturb tenants. drive-by only.
SALE INCLUDES ENTIRE BUILDING WITH THREE TOWNHOMES! Across from a planned future park with a playground, pet area, and open green space, this move-in ready townhome delivers the kind of lifestyle buyers are searching for right now—with even more value on the horizon. Step inside and it just feels right. High ceilings, oversized windows, and a light-filled open layout make the home live larger than expected. The main level is grounded with durable LVP flooring and designed for both everyday living and entertaining. The kitchen is a true standout, featuring quartz countertops, stainless steel appliances, and custom cabinetry, along with a walk-in pantry and a generous island that naturally becomes the heart of the home. A dining nook adds just the right touch of intention for gatherings. Upstairs, the primary suite is where this home really elevates. Overlooking the surrounding green space, it offers room to unwind, space for a sitting area or workspace, and a true retreat feel. The ensuite bath features a large walk-in shower, dual vanity, and a spacious walk-in closet. Laundry is thoughtfully placed upstairs near the bedrooms for everyday convenience. Built by a respected local builder known for clean design and quality craftsmanship, the home blends elevated finishes with smart functionality, including a multi-zone heat pump for efficient year-round comfort. A two-car garage, private driveway with EV prewiring, and low-maintenance landscaping round out the practical perks. The community continues to grow, with a future park currently in the planning phase, adding long-term value to an already desirable location in South Gresham’s Pleasant Valley, just minutes from schools, shopping, and recreation. This is the one that feels elevated the moment you walk in. Buyer to receive a credit toward closing costs with a full price offer, available to the first buyer whose offer is accepted on any of the three properties.
Triplex in convenient Gresham location near the Springwater Trail, offering excellent access to outdoor recreation and nearby amenities. Property includes two 2-bedroom, 1-bath units of approximately 750 square feet each, plus a larger 3-bedroom, 2-bath unit of approximately 1,444 square feet—ideal for owner-occupancy or maximizing rental income. Situated on Division Street with easy access to public transportation, making commuting simple and convenient. Ample off-street parking with space for up to 9 vehicles. A versatile property with strong rental appeal and flexible living options.

Gresham is located in Oregon. Gresham, Oregon has a population of 114,164. Gresham is less family-centric than the surrounding county with 30.93% of the households containing married families with children. The county average for households married with children is 31.66%.
The median household income in Gresham, Oregon is $61,826. The median household income for the surrounding county is $76,290 compared to the national median of $69,021. The median age of people living in Gresham is 36.8 years.
The average high temperature in July is 80.4 degrees, with an average low temperature in January of 33.8 degrees. The average rainfall is approximately 56.1 inches per year, with 3.3 inches of snow per year.