22222 SE ASH ST, Gresham, OR 97030
- $499,900
- 2,108
- SqFt
- List Price
- $499,900
- Days on Market
- 0
- MLS#
- 147490588
- Property Type
- Multifamily
- Sqft. of Residence
- 2,108
- Lot Size
- 7, 000 to 9, 999 SqFt
- Region
- Gresham, Sandy, Troutdale, Corbett
- Status
- ACTIVE
Property Description
Turnkey Gresham Duplex: Two Units, Two Garages, One great Corner Lot! Clean, well-maintained duplex in a great neighborhood location, home to long-term residents. This is an excellent first-time investment opportunity in Gresham's Newell Park neighborhood, built in 1957, on a .19-acre corner lot. Two 2-bed/1-bath units, sharing one detached double garage with a divider wall giving each unit its own space, plus a walk-through door on the back unit's side for direct access. Six total off-street parking spaces (two garage, four driveway), giving each unit 3 tandem spaces, plenty of room for tenants and guests. Total 2,100 SF includes a 336 SF basement in the back unit, with potential to convert to a legal bedroom with a window well (buyer to verify).Both units are currently rented month-to-month. Separate gas and electric meters mean tenants cover their own gas and electric; owner covers water, sewer, and landscaping. The back unit has been refreshed with new LVP flooring, fresh interior paint, a gas range, and owner-provided washer/dryer and refrigerator, plus its own enclosed yard. The front unit is carpeted with washer/dryer hookups and an owner-provided refrigerator, and is home to a long-term tenant who's been in place for years, low turnover, reliable income.Roof has been well maintained, with roughly half replaced new in 2025. The property is zoned mixed use, opening the door to options beyond straight residential. Being on a corner lot means real visibility, exposure most duplexes this size just don't get.Financials: see MLS income data for full details. A solid, first-time investment opportunity with room to grow.Location does a lot of the work here too: a short drive to Mt. Hood Community College, close to Mt. Hood Medical Center, and right on a bus route. Call your agent, this one won't last at $499,900.
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Additional Information
- Tax Amount
- $4,624
- Year Built
- 1957
- High School
- Gresham
- Elementary School
- North Gresham
- Middle School
- Clear Creek
- Garage Spaces
- 2
- Acres
- 0.19
- Living Area
- 2,108
- Stories
- 2
- Subdivision
- Newell Park
- Terms
- Cash, Conventional, FHA, VA Loan
- Cooling Description
- None, Window Unit(s)
- Fuel Description
- Gas
- Heating Description
- Forced Air
- Hoa Rent Includes
- Sewer, Trash Collection, Water
- Hot Water Description
- Electricity
- Exterior Description
- Wood Siding
- Roof Type
- Composition
- Sewer Description
- Public Sewer
- Parking
- Driveway, Garage
- Parking Description
- Driveway, Garage
- Road Surface
- Paved
- Number Of Units Total
- 2
- Unit Type One Baths Total
- 1
- Unit Type One Beds Total
- 2
- Unit Type One Rent
- 1400
- Unit Type One Sq Ft
- 972
- Unit Type One Units Total
- 1
- Unit Type Two Baths Total
- 1
- Unit Type Two Beds Total
- 2
- Unit Type Two Units Total
- 1
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