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Terri Layton

Call It Closed International Realty

terri@homesbyterri.com +1(503) 307-2424

Listed by RE/MAX Equity Group • garyhorton@remax.net

$ 399,900

Est. payment | -/mo

3 Beds

2.1 Baths

1,515 SqFt

Save

$ 399,900

Est. payment | -/mo

Save

3 Beds

2.1 Baths

1,515 SqFt

Key Details

Property Type Townhouse

Sub Type Townhouse

Listing Status Active

Purchase Type For Sale

Square Footage 1,515 sqft

Price per Sqft $263

MLS Listing ID 479682090

Style Townhouse

Bedrooms 3

Full Baths 2

HOA Y/N No

Year Built 2004

Annual Tax Amount $4,230

Tax Year 2025

Lot Size 3,484 Sqft

Property Sub-Type Townhouse

Property Description

INVESTMENT OPPORTUNITY! NO HOA! Fantastic 3-bedroom, 2.1-bath townhome offering the combination of an existing rental, desirable features, and no monthly HOA dues. The home is currently rented, and the tenants would like to stay, providing an excellent opportunity for an investor looking for an income-producing property with an established tenant. The open floor plan creates a comfortable and functional living space, complemented by beautiful hardwood floors. The home features newer appliances, including a washer and dryer, along with a newer furnace and water heater. The attached one-car garage provides convenient parking and additional storage. Unlike many townhomes, this property sits on its own land and includes a fenced backyard, offering private outdoor space for relaxing, entertaining, or enjoying the outdoors. The home is attached on one side, providing a townhome-style layout while maintaining the feel of an individual property. Whether you're an investor looking to add to your portfolio or a future homeowner seeking a property with rental potential, this is an opportunity worth exploring. No HOA means no monthly association dues, adding to the property's appeal and potential cash flow. Currently rented—please do not disturb the tenants Do not miss this great opportunity!

Location

State OR

County Multnomah

Area _144

Rooms

Basement Crawl Space

Interior

Interior Features Garage Door Opener, Laundry, Slate Flooring, Tile Floor, Wallto Wall Carpet, Washer Dryer, Wood Floors

Heating Forced Air90

Fireplaces Number 1

Fireplaces Type Gas

Appliance Disposal, Free Standing Range, Free Standing Refrigerator, Microwave, Plumbed For Ice Maker, Tile

Exterior

Exterior Feature Fenced, Patio, Porch, Yard

Parking Features Attached

Garage Spaces 1.0

View Trees Woods

Roof Type Composition

Garage Yes

Building

Lot Description Level

Story 2

Foundation Concrete Perimeter

Sewer Public Sewer

Water Public Water

Level or Stories 2

Schools

Elementary Schools East Gresham

Middle Schools Dexter Mccarty

High Schools Gresham

Others

Senior Community No

Acceptable Financing Cash, Conventional, FHA, VALoan

Listing Terms Cash, Conventional, FHA, VALoan

Regional Multiple Listing Service (RMLS)

NEARBY SCHOOL & BUSINESS

+1(503) 307-2424

terri@homesbyterri.com

653 NW 1ST ST Gresham, OR 97030