22222 SE Ash St, Gresham, OR 97030
Local realty services provided by:CENTURY 21 North Homes Realty
Listed by: daniela sardo
Office: real broker855-450-0442
MLS#:147490588
Source:PORTLAND
Price summary
- Price:$499,900
- Price per sq. ft.:$237.14
About this home
Interest rate got you down? Get this, this home has an FHA screaming deal at 2.875% ASSUMABLE RATE mortgage for those who qualify!!!! Call for details. 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. 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. Live in one unit and use the rent from the other unit towards your mortgage!!!...
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Home facts
- Year built:1957
- Subdivision & Development:Newell Park
- Listing ID #:147490588
- Added:77 day(s) ago
- Updated:October 25, 2026 at 11:22 AM
Rooms and interior
- Basement Description:Crawl Space, Partial Basement
- Living area:2,108 sq. ft.
Heating and cooling
- Cooling:Window Unit
- Heating:Forced Air
Structure and exterior
- Roof:Composition
- Year built:1957
- Building area:2,108 sq. ft.
- Lot area:0.19 Acres
- Lot Features:Corner Lot, Level, On Busline
- Levels:2 Stories
Schools
- High school:Gresham
- Middle school:Clear Creek
- Elementary school:North Gresham
Utilities
- Water:Public Water
- Sewer:Public Sewer
Finances and disclosures
- Price:$499,900
- Price per sq. ft.:$237.14
- Tax amount:$4,625 (2025)
Parking
- Total parking spaces:6
- Parking description:Driveway, Garage
- Garage spaces:2
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