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724 Se 187th Ave; Gresham, OR Property Details

724 Se 187th Ave, Gresham, OR is a Apt House 5+ Units that was built in 1914. This property is currently Financed and is not for sale. Our records show that 724 Se 187th Ave has 3 bedrooms, and 1 bathroom, and a total of 956 square feet. The lot size of 724 Se 187th Ave is 7,020 square feet.

Off market
724 SE 187th Ave Portland, OR 97233
$1,550,000 Listing Price
3 Beds
1 Baths
956 SqFt
Property Details

Summary

  • Purchase Method: Financed
  • Owners / Type: 1 / Corporate
  • Owner Status: Corporate
  • Year Built: 1914
  • Purchase Price: $1,550,000
  • Est. Equity / %: $335,000 / 100%
  • Gross Yield: 7.236%
  • APN: R313951
  • Situs County: Multnomah
  • Length Of Ownership: 8 years, 8 months

Rooms

  • Bedrooms: 3
  • Bathrooms: 1
  • Full Bathrooms: 1

Structure

  • Stories: 1
  • Exterior Wall Type: Wood
  • Building Condition: Average
  • Roof Type: Steel Frame / Truss
  • Roof Cover Type: Composition Shingle
  • Water Source: Yes
  • Deck: true

Measurements

  • Total: 956/SqFt
  • Lot: 7,020/SqFt
  • Gross: 1,356/SqFt
  • Garage: 400/SqFt
  • Living: 956/SqFt
  • Building: 1,356/SqFt
  • Ground: 956/SqFt
  • Price Per Square Foot: $1621.34

Legal Description

  • Description: ZELLER, BLOCK 4, N 60 OF W 117 OF LOT 1
Building Insights

Land Information

  • Property Type: Apt House 5+ Units
  • Within Flood Zone: True
  • Flood Zone: X / Low/Medium Risk
  • School District: Reynolds School District 7
  • Lat / Lon: 45.51726 / -122.47034
  • Subdivision: Zeller
  • Property Class: Residential
  • Zoning: RTC
  • County Use Code: 721

Amenities

  • Heating Fuel Type: Oil
  • Plus Four: 5406
  • Bathroom Fixtures: 1
  • Cooling: Central
  • Fireplaces: 1
  • Garage: Detached Garage
  • Heating: Forced air unit
  • Parking: 2

Ownership Info

724 SE 187th Ave has no associated ownership info
724 SE 187th Ave has no associated ownership info.

Taxes

724 SE 187th Ave has 9 associated Taxes items

724 Se 187th Ave, Gresham, OR pays taxes in Multnomah County, OR. The most recent tax assessment records are from 2025 and show that the current assessed value of the property is $161,230. The APN we've located for 724 Se 187th Ave is R313951.

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Taxes
  • Assessed Value:  $161,230
  • Assessed Year:  2025
  • Assessed County:  Multnomah
  • APN:  R313951
  • Market Land Value:  140400
  • Tax Amount:  3093.88
  • Tax Year:  2025
  • Market Value:  197550
  • Market Year:  2025

Tax History

724 SE 187th Ave has 12 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $161,230 Land Value Improvement Value Tax Amount $3,093.88 Change Rate +0.056841% Assessed CR Tax Rate +0.019189%
Year 2024 Assessed Value $156,540 Land Value Improvement Value Tax Amount $2,927.48 Change Rate +0.105039% Assessed CR Tax Rate +0.018701%
Year 2023 Assessed Value $151,990 Land Value Improvement Value Tax Amount $2,649.21 Change Rate +0.025311% Assessed CR Tax Rate +0.01743%
Year 2022 Assessed Value $147,570 Land Value Improvement Value Tax Amount $2,583.81 Change Rate +0.025297% Assessed CR Tax Rate +0.017509%
Year 2021 Assessed Value $143,280 Land Value Improvement Value Tax Amount $2,520.06 Change Rate +0.0689% Assessed CR Tax Rate +0.017588%
Year 2020 Assessed Value $139,110 Land Value Improvement Value Tax Amount $2,357.62 Change Rate +0.043172% Assessed CR Tax Rate +0.016948%
Year 2019 Assessed Value $135,060 Land Value Improvement Value Tax Amount $2,260.05 Change Rate +0.010182% Assessed CR Tax Rate +0.016734%
Year 2018 Assessed Value $131,130 Land Value Improvement Value Tax Amount $2,237.27 Change Rate +0.033324% Assessed CR Tax Rate +0.017061%
Year 2017 Assessed Value $127,320 Land Value Improvement Value Tax Amount $2,165.12 Change Rate +0.045361% Assessed CR Tax Rate +0.017005%
Year 2016 Assessed Value $123,620 Land Value Improvement Value Tax Amount $2,071.17 Change Rate +0.029772% Assessed CR Tax Rate +0.016754%
Year 2015 Assessed Value $120,020 Land Value Improvement Value Tax Amount $2,011.29 Change Rate +0.035008% Assessed CR Tax Rate +0.016758%
Year 2014 Assessed Value $116,530 Land Value Improvement Value Tax Amount $1,943.26 Change Rate Assessed CR Tax Rate +0.016676%