1546 Ne CLEVELAND Ave, Gresham, OR 97030

• 3,840 sqft

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

Listing Status:

Active

Date Added:

April 30, 2026

Data Last Updated:

July 22, 2026 at 9:41PM

Listing Office:

Real Broker : 855-450-0442

Listing Agent:

Sally Olsson : 503-679-7980

MLS ID:

336267263

Interior

• Basement: None
• Heating: Wall heater

Exterior

• General: Lap sidingVinyl siding
• Parking: AssignedDrivewayParking spaces: 8

Construction

• Roofing: Composition
• General: Slab

Location

• Road/Access: ConcretePaved
• Golf: All landscaping
• Originating MLS: Regional Multiple Listing ServiceInc.
• County: Multnomah

Lot

• Zoning: MDR-24PARTITION PLAT 2001-87LOT 2R511989
• View: View

Utilities

• Water: Public water
• Sewer: Public sewer

Financial

• Source: Regional Multiple Listing ServiceInc.