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$815,000
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Property Description
Fully leased 4-unit multifamily asset delivering immediate cash flow with strong retention. Each of the four units offers 2 bedrooms, 1.5 bathrooms, and 960 square feet with a thoughtful, open-concept layout featuring spacious living and dining areas, well-equipped kitchens, in-unit washer and dryer, and desirable private outdoor spaces (decks for upper units, patios for lower units) enhancing rental appeal and stability.Low-maintenance investment with newer roof (~1 year) and consistent upkeep. Located near Historic Downtown Gresham, Gresham Station, parks, and MAX Blue Line, supporting long-term rental demand. Walk Score 75, Bike 79, Transit 56. Ideal for investors seeking stable income with upside potential. For Google Maps directions use address: 1568 NE Cleveland Ave, Gresham, OR 97030
Full Property Details
Full Property Details for 1546 NE Cleveland Ave
General
- Sold For: $815,000
- Taxes: $9,612 (2025)
- Status: Sold
- Type: Multi-Family
- Source: RWMLS
- MLS ID: 336267263
- Added to Site: 160 day(s) ago
Rental Information
- Rent Includes: Maintenance Grounds, Sewer, Trash Collection, Water
Parking
- Total Spaces: 8
- Parking Features: Assigned, Driveway
Location
- County: Multnomah
- Driving Directions: For Google Maps directions use address: 1568 NE Cleveland Ave, Gresham, OR 97030
School Information
- Midd School District: Clear Creek
- Elementary School: Highland
- Middle School: Clear Creek
- High School: Gresham
Community
- Community Name: 144 - Gresham, Sandy, Troutdale, Corbett
Heating & Cooling
- Heating Type: Wall Heater
- Heating Fuel: Electricity
Utilities
- Sewer: Public Sewer
- Water: Public Water
Structural Information
- Property Detached: Yes
- Basement Desc.: None
- Roof: Composition
- Stories/Levels: 2
- Square Feet: 3,840
- Year Built: 2003
- Property Condition: Existing
Lot Features
- Lot Size (Acres): 0.33
- Lot Size (Sq. Ft.): 14,374
- Lot Size: 10, 000 to 14, 999 SqFt
- Frontage: Concrete, Paved
- Lot Features: Flag Lot, Level, Private
Financial Considerations
- Operating Expenses: $20,908
- Tax Amount: $9,612.13
- Tax Year: 2025
- Terms: Call Listing Agent, Cash, Conventional
Disclosures and Reports
- Disclosures/Reports: Disclosure
- Property ID: R511989
Listed by Real Broker (855) 450-0442, Sally Olsson (503) 679-7980
Sold by Redfin (503) 496-7620, Wansi Huang
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Schools
Schools serving 1546 NE Cleveland Ave
School District:Gresham-Barlow School District 1j
| Name | Grades | Distance |
|---|---|---|
Highland Elementary School, Gresham, OR 295 Northeast 24th Street, Gresham, OR 97030 | K-5 | 0.5 mi |
Clear Creek Middle School 219 Northeast 219th Avenue, Gresham, OR 97030 | 6-8 | 1.4 mi |
Gresham High School 1200 North Main Avenue, Gresham, OR 97030 | 9-12 | 0.5 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 1546 NE Cleveland Ave
Date
Details
Price
Change
Source
9/08/2026
Sold
$815,000
1.88%
MLS
8/16/2026
Price Reduced
$800,000
-1.84%
MLS
4/30/2026
Listed
$815,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
1546 NE Cleveland Ave, Gresham, OR 97030 (MLS# 336267263) is a Multi-Family property that was sold at $815,000 on September 08, 2026. Want to learn more about 1546 NE Cleveland Ave? Do you have questions about finding other Multi-Family real estate for sale in Gresham? You can browse all Gresham real estate or contact a Coldwell Banker agent to request more information.

