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$530,000
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Property Description
Offer received. Offer deadline Saturday at 5pm. One side is vacant ready for owner occupied to house hack, or make this dialed in duplex part of your investment portfolio. Near the heart of downtown Gresham, this well maintained duplex built in 2001 has a spacious 3 bedroom / two and a half bath layout on each side. Vacant unit has had extensive work done to include interior paint, new water heater, deep clean and carpet cleaning, new blinds. Both units have a brand new deck to complement the spacious fenced yards. Current tenant on 231 has been long standing and a great tenant according to landlord. Rents on units have nearby comps for over $2,000 for each side making this well maintained multi-family home a true long term cash cow. Current tenant is month to month. Please call your agent to see inside the vacant unit of 239. Do not disturb tenant of 231 please.
Full Property Details
Full Property Details for 231 SE Elliott Ave
General
- Sold For: $530,000
- Taxes: $6,727 (2025)
- Status: Sold
- Type: Multi-Family
- Source: RWMLS
- MLS ID: 267644677
- Added to Site: 78 day(s) ago
Rental Information
- Rent Includes: Sewer, Trash Collection, Water
Parking
- Garage: Yes
- Total Spaces: 2
- Parking Features: Driveway
Location
- County: Multnomah
- Driving Directions: SE Hogan Rd, E on SE Powell Blvd. Turn right on SE Elliott Ave. Property is on the right.
School Information
- Midd School District: Dexter McCarty
- Elementary School: East Gresham
- Middle School: Dexter McCarty
- High School: Gresham
Community
- Community Name: 144 - Gresham, Sandy, Troutdale, Corbett
Heating & Cooling
- Heating Type: Forced Air
- 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: 2,454
- Year Built: 2001
Lot Features
- Lot Size (Acres): 0.16
- Lot Size (Sq. Ft.): 6,969
- Lot Size: 7, 000 to 9, 999 SqFt
- Frontage: Paved
- Lot Features: Level
Financial Considerations
- Operating Expenses: $20,125
- Tax Amount: $6,727.17
- Tax Year: 2025
- Terms: Cash, Conventional, FHA, VA Loan
Disclosures and Reports
- Property ID: R491403
Listed by Premiere Property Group, LLC (503) 670-9000, Tim Jackson (503) 957-7981
Sold by Grand Union Real Estate (503) 806-6114, Michael Harris
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Schools
Schools serving 231 SE Elliott Ave
School District:Gresham-Barlow School District 1j
| Name | Grades | Distance |
|---|---|---|
East Gresham Elementary School 900 Southeast 5th Street, Gresham, OR 97080 | K-5 | 0.3 mi |
Dexter Mccarty Middle School 1400 Southeast 5th Street, Gresham, OR 97080 | 6-8 | 0.4 mi |
Gresham High School 1200 North Main Avenue, Gresham, OR 97030 | 9-12 | 0.8 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 231 SE Elliott Ave
Date
Details
Price
Change
Source
6/26/2026
Sold
$530,000
-3.64%
MLS
6/18/2026
Price Reduced
$550,000
-8.18%
MLS
6/05/2026
Listed
$599,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
231 SE Elliott Ave, Gresham, OR 97080 (MLS# 267644677) is a Multi-Family property that was sold at $530,000 on June 26, 2026. Want to learn more about 231 SE Elliott 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.

