Damonian Pike

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Listing provided courtesy of Think Real Estate- MLS# 476797140MLS Provider

933 SE RENE AVEGresham, OR 97080

Multi-Family · 1,786 Sq. ft. | 0.19 Acres
$515,000 Active

933 SE RENE AVE Overview

Time on Site:
41 days
Visits:
0

Owner occupancy possible, one unit will be vacant 7/1. Two-unit investment property offering immediate rental income and below-market rent upside. Each unit features 2 bedrooms, 1 bath, washer-dryer hookups, private backyard, and attached garage - amenities that command strong tenant retention in this high-demand Gresham rental corridor. Both units occupied; current combined rent $3,025/month with room to grow to market. Located near schools, parks, transit, and shopping. Sale subject to interior inspection upon accepted offer. Please do not disturb tenants, drive-by only. Exterior photos current; interior photos are from prior to current tenancy.

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933 SE RENE AVE Facts & Features

  • Type Multi-Family
  • Sq. ft. 1,786
  • Price/Sq.ft. $288
  • Lot 0.19 Acres

Details

General

School Information

  • Elementary School: Hogan Cedars
  • Middle Or Junior School: Dexter McCarty
  • High School: Gresham

Income/Expenses

  • Gross Income: 36867.0
  • Gross Scheduled Income: 36871.0
  • Net Operating Income: 27671.0
  • Operating Expense: 9196.0

Building Information

  • Year Built: 1978

Location/Region

  • Country: US
  • County Or Parish: Multnomah
  • MLS Area Major: 144 - Gresham, Sandy, Troutdale, Corbett
  • Subdivision Name: HOGAN CEDARS

Rent/Lease Information

  • Rent Includes: Water

Tax Information

  • Tax Annual Amount: 4987.48
  • Tax Year: 2025

General Information

  • Disclosures: Disclosure
  • Listing Terms: Cash,Conventional
  • Parcel Number: R253608
  • Property Condition: Existing
  • Property Type: Multi Family
  • Zoning: MDR12

Interior

Parking Information

  • Garage Spaces: 2.0

Building Interior

  • Building Area Total: 1786.0

General Information

  • Basement: Crawl Space
  • Foundation Details: Concrete Perimeter
  • Heating: Baseboard
  • Stories: 1

Exterior

Parking Information

  • Parking Features: Garage,Off Street

Lot Information

  • Lot Features: Level
  • Lot Size Acres: 0.19
  • Lot Size Square Feet: 8276.0
  • Road Surface Type: Paved
  • Water Source: Public Water

Building Exterior/Construction

  • Roof: Composition

General Information

  • Number Of Units Total: 2
  • Sewer: Public Sewer

933 SE RENE AVE Neighborhood

Community

97080 (Gresham) Demographics

40
Median Age
2,066
Population Density (per sq. mile)
39%
College Educated
$78,579
Estimated Median Income
11,646
Estimated Total Home Owners
4,099
Estimated Total Renters
74% / 26%
Estimated Owner / Renter Divide
3
Estimated Average Household Size
Community data courtesy of LiveBy, Inc.

Schools

School data courtesy of LiveBy, Inc. School ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating.
* All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

933 SE RENE AVE Market Data

Based on the last 30 days in this zip code

$563,875
Average List Price
$259
Average Price per Square Foot
47
Properties Sold
81
Average Days on Market
244
Properties for Sale
Calculations provided by Reliance Network

933 SE RENE AVE History

Date Event Value Agent
5/19/2026Source: Regional MLS Added to Database
May 19, 2026