850 W Powell Blvd, Gresham, OR, 97030
About This Home
Outstanding Investment Opportunity in Gresham! This updated duplex offers immediate cash flow with both units occupied by long-term tenants. A true turnkey investment, this property combines updates with reliable rental income, making it an excellent addition to any portfolio. Ideally situated near shopping, dining, parks, schools, and public transportation. Whether you’re a seasoned investor or just beginning to build your portfolio, this duplex presents an exceptional opportunity for steady income and long-term appreciation. Please do not disturb tenants. Interior inspections are subject to accepted offer.
Getting Around
Very Walkable
Some Transit
BikeableSchools
Construction
Condition
- Property condition: Updated/Remodeled
- Year built: 1973
Materials
- Foundation: Concrete Perimeter
- Roof: Composition,Shingle
- Construction materials: Wood Composite
Type & Style
- Home type: MultiFamily
- Property subType: Multi Family
Interior
Appliances
- Appliances included: Range,Refrigerator,Electric Water Heater
- Laundry features: Washer Dryer Hookup
Basement
- Basement: Crawl Space
Bedrooms & Bathrooms
- Bedrooms: 4
- Bathrooms: 2
- Full bathrooms: 2
Heating
- Heating features: Baseboard
Interior Area
- Total structure area: 1,768
- Total interior livable area: 1,768 sqft
Property
Details
- Parcel number: R142378
- Zoning: C2-4
Features
- Stories: 1
Lot
- Lot size: 8,712 sqft
- Features: Level,Private,SqFt 7000 to 9999
Parking
- Total spaces: 4
- Parking features: Driveway,Paved
- Has uncovered spaces: Yes
Climate Risk is Financial Risk
Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.
Biggest Threats for This Home
- Earthquake
- Heat Wave
How This Home’s Risks Compare
FEMA Declared Disasters in Multnomah County and Oregon
Understanding the Costs
Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.
Estimated Costs Today
| Monthly | Annual | |
|---|---|---|
| Mortgage | $2,300 | $27,600 |
| Home Insurance * | $107 | $1,284 |
| Property Taxes | $386 | $4,632 |
| Electricity | $176 | $2,119 |
| Total | $2,969 | $35,628 |
Income You'd Need if You Spent...
Oregon FAIR Plan Programs
How Costs Could Change Over Time
Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.
Comparing Against the Market
Price Per Sq Ft
vs Other Active Listings
Avg $/sqft
vs Homes Sold Last Month
Median $/sqft
Current Market Trends
Median Price Per Square Foot
The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.
Historicals for This Listing
Zestimate History ($/sqft)
Price History
| Date | Event | Price |
|---|---|---|
| 2026-07-10 | Listed for sale | $455,000 |
| 2023-11-12 | Listing removed | -- |
| 2023-10-22 | Listed for rent | $1,695 |
| 2022-10-12 | Listing removed | -- |
| 2022-09-25 | Price change | $1,495 |
| 2022-08-31 | Price change | $1,600 |
| 2022-08-17 | Listed for rent | $1,800 |
| 2022-01-21 | Sold | $350,000 |
| 2016-02-19 | Sold | $204,621 |
| 2015-12-19 | Pending sale | $214,900 |
| 2015-11-03 | Listed for sale | $214,900 |
| 2015-10-26 | Pending sale | $214,900 |
| 2015-10-20 | Listed for sale | $214,900 |
| 2014-11-22 | Listing removed | $212,500 |
| 2014-05-28 | Listed for sale | $212,500 |
View on Zillow