Iraida B. Hermann, MBA

Please reload the page to update with the latest MLS information available.

Please reload the page to update with the latest MLS information available.

Please reload the page to update with the latest MLS information available.

Reload
 
Listing provided courtesy of Real Broker- MLS# 336267263MLS ProviderContact Information: 503-679-7980

1546 NE CLEVELAND AVEGresham, OR 97030

Multi-Family · 3,840 Sq. ft. | 0.33 Acres
$815,000 Active

1546 NE CLEVELAND AVE Overview

Time on Site:
60 days
Visits:
0

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

Love this property?
Create a profile so you can receive updates on this property as soon as they happen!
View Map

1546 NE CLEVELAND AVE Facts & Features

  • Type Multi-Family
  • Sq. ft. 3,840
  • Price/Sq.ft. $212
  • Lot 0.33 Acres

Details

General

School Information

  • Elementary School: Highland
  • Middle Or Junior School: Clear Creek
  • High School: Gresham

Income/Expenses

  • Gross Income: 67747.0
  • Net Operating Income: 46839.0
  • Operating Expense: 20908.0

Building Information

  • Year Built: 2003

Location/Region

  • Country: US
  • County Or Parish: Multnomah
  • MLS Area Major: 144 - Gresham, Sandy, Troutdale, Corbett

Community/Development

  • Community Features: All Landscaping

Rent/Lease Information

  • Rent Includes: Maintenance Grounds,Sewer,Trash Collection,Water

Tax Information

  • Tax Annual Amount: 9612.13
  • Tax Year: 2025

General Information

  • Disclosures: Disclosure
  • Listing Terms: Call Listing Agent,Cash,Conventional
  • Parcel Number: R511989
  • Property Condition: Existing
  • Property Type: Multi Family
  • Zoning: MDR-24

Interior

Parking Information

  • Garage Spaces: 0

Building Interior

  • Building Area Total: 3840.0

General Information

  • Basement: None
  • Foundation Details: Slab
  • Heating: Wall Heater
  • Stories: 2

Exterior

Parking Information

  • Parking Features: Assigned,Driveway
  • Parking Total: 8.0

Lot Information

  • Lot Features: Flag Lot,Level,Private
  • Lot Size Acres: 0.33
  • Lot Size Square Feet: 14374.0
  • Road Surface Type: Concrete,Paved
  • Water Source: Public Water

Building Exterior/Construction

  • Roof: Composition

General Information

  • Number Of Units Total: 4
  • Sewer: Public Sewer

1546 NE CLEVELAND AVE Neighborhood

Community

97030 (Gresham) Demographics

36
Median Age
5,108
Population Density (per sq. mile)
34%
College Educated
$53,700
Estimated Median Income
6,328
Estimated Total Home Owners
8,650
Estimated Total Renters
42% / 58%
Estimated Owner / Renter Divide
3
Estimated Average Household Size
Community data courtesy of LiveBy, Inc.

Schools

School data courtesy of LiveBy, Inc. School ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating.

1546 NE CLEVELAND AVE Monthly Cost

$
$ %
%
$
$
* All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

1546 NE CLEVELAND AVE Market Data

Based on the last 30 days in this zip code

$397,409
Average List Price
$258
Average Price per Square Foot
23
Properties Sold
77
Average Days on Market
119
Properties for Sale
Calculations provided by Reliance Network

1546 NE CLEVELAND AVE History

Date Event Value Agent
6/18/2026Source: Regional MLS Status Change
Active
5/7/2026Source: Regional MLS Status Change
Pending
4/30/2026Source: Regional MLS Added to Database
April 30, 2026