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About This Home
This 8-bedroom, 8-bathroom residential multi family at 1546 NE CLEVELAND Ave in Gresham, OR is listed for $815,000 ($212 per sqft). Built in 2003, the home offers 3,840 sqft of living space on a 0.33 acres lot.
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
Key Features
- Built in 2003
- 0.33 acre lot
- 2 stories
Property Details
Monthly Cost Estimate
$4,359/mo
20% down · 6.5% · 30 years
Estimates only. Actual payments may vary.
Location
1546 NE CLEVELAND Ave
Gresham, OR 97030
Questions & Answers
This 8-bedroom, 8-bathroom residential multi family at 1546 NE CLEVELAND Ave is listed at $815,000 ($212/sqft). The estimated monthly payment is $3,532 based on 20% down at 6.5% interest.
Key features include: Built in 2003, 0.33 acre lot, 2 stories.
This property is listed by Sally Olsson and can be reached at 5036797980 or pdxsally@gmail.com.



