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Lisa Fisher, Principal Broker
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1546 NE Cleveland Ave, Gresham, OR 97030

$815,000

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Property Description

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

1546 NE Cleveland Ave | MLS# 336267263

This multi-family property located at 1546 NE Cleveland Ave, Gresham, OR 97030 is currently listed for sale with an asking price of $815,000. Search Gresham real estate on lisafisher.bendpremierrealestate.com today.

Property Features

Property Type: Multi Unit - Multiple
Basement: None
Fuel Type: Electricity
Heating: WallHeater
Roof Type: Composition
Stories: 2.0
Taxes: $9,612
Year Built: 2003
Square Feet: 3,840

Units

Unit Type 1:
Bathroom(s): 2
Bedrooms: 2
Features: Dishwasher, Range, Refrigerator, WasherDryer
Rent: $1600.00
Square Footage: 976
Total Units: 1
Unit Type 2:
Bathroom(s): 2
Bedrooms: 2
Features: Dishwasher, Range, Refrigerator, WasherDryer
Rent: $1450.00
Square Footage: 976
Total Units: 1
Unit Type 3:
Bathroom(s): 2
Bedrooms: 2
Features: Dishwasher, Range, Refrigerator, WasherDryer
Rent: $1430.00
Square Footage: 976
Total Units: 1
Unit Type 4:
Bathroom(s): 2
Bedrooms: 2
Features: Dishwasher, Range, Refrigerator, WasherDryer
Rent: $1323.00
Square Footage: 976
Total Units: 1

Feature Descriptions

Days on Site: 70
Exterior: Lap Siding, Vinyl Siding
Gross Income: $67747.00 (Actual)
Hot Water: Electricity
Lot: Flag Lot, Level, Private
Net Income: $46839.00 (Actual)
Operating Expenses: $20908.00 (Actual)
Parking: Assigned, Driveway
Parking Notes: Assigned, Driveway
Sewer: Public Sewer
Special View Info: Trees/Woods
Storage: Attached, IndividualStorageUnits
Units: 4
Water: Public Water

Local Schools

High School: Gresham
Middle School: Clear Creek
Elementary School: Highland

Listed By / Shown By

Listed By

Agency Name: Real Broker
Agency Contact: 503-679-7980

Shown By

Agent Name: Lisa Fisher, Principal Broker
Agent Phone: (503) 970-0124
Agency Title: Bend Premier Real Estate

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Estimated Payment

$ 5,159.79 per month $4,121.08 Principal & Interest $801.00 Property Tax $237.71 Homeowner's Insurance

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Disclaimer: All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Listing(s) information is provided for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information on this site was last updated 07/10/2026. The listing information on this page last changed on 07/10/2026. The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of Delta Media Group MLS (last updated Fri 07/10/2026 4:39:45 AM EST) or RMLS (last updated Fri 07/10/2026 1:50:24 AM EST) or COAR/MLSCO (last updated Thu 07/09/2026 4:15:36 PM EST). Real estate listings held by brokerage firms other than Bend Premier Real Estate may be marked with the Internet Data Exchange logo and detailed information about those properties will include the name of the listing broker(s) when required by the MLS. All rights reserved.

The content relating to real estate for sale on this web site comes in part from the IDX program of the RMLS of Portland, Oregon. Real estate listings held by other brokerage firms are marked with the RMLS logo, and detailed information about these properties includes the names of the listing brokers. Listing content is copyright © 2026 RMLS, Portland, Oregon. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.

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