8031 SE Orient Dr

Gresham, OR 97080

$849,900
Price
Beds
Baths
4,836 Sq. Ft.
$176 / Sq. Ft.
4,836
Sq. Ft.
$176
per Sq. Ft.

Description

This well-maintained 5-unit multi-family property is located in a prime area of Pleasant Home, offering strong rental income potential and long-term appreciation. The building consists of 5-unit configuration, four 2-bedroom units and one 1-bedroom unit, each with a spacious layout, modern finishes, and ample natural light. Unit 2 has been recently updated. Storage sheds for each unit and a single car garage for additional storage. All units share a common laundry room. The property is situated within...This well-maintained 5-unit multi-family property is located in a prime area of Pleasant Home, offering strong rental income potential and long-term appreciation. The building consists of 5-unit configuration, four 2-bedroom units and one 1-bedroom unit, each with a spacious layout, modern finishes, and ample natural light. Unit 2 has been recently updated. Storage sheds for each unit and a single car garage for additional storage. All units share a common laundry room. The property is situated within a private country setting on over 2 acres and provides easy access to major transportation routes, local amenities, and schools. With a diverse mix of tenants and low vacancy rates, this property is an excellent opportunity for investors looking to expand their portfolio with a stable income-producing asset.
  1. Listed by Marc Fox • Keller Williams Realty Portland Premiere • 503-597-2444
  2. Listed by Matthew Soukup • Keller Williams Realty Portland Premiere

Property Details for 8031 Southeast Orient Drive

Parking Features
Guest
Zoning
MUA-20
LISTING UPDATED: 06/16/2025 11:01 AM

Property Details for 8031 Southeast Orient Drive

StatusPending
MLS #632111118
Days on Market111
Taxes$7,642 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeMulti Family
Year Built1953
Lot Size2.02 AC / 87,991 SF
CountyMultnomah County

Location

Listing Courtesy of Keller Williams Realty Portland Premiere
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Building Information for 8031 Southeast Orient Drive

Stories-Residences5Year Built1953Building Size-Lot Size2.02 AC / 87,991 SF

Payment Calculator

$5,090 per month

30 year fixed, 6.845% Interest

Principal and Interest

$4,453

Property Taxes

$637

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 8031 Southeast Orient Drive

Summary
Location and General Information
  • Country: US
  • Directions: Orient Dr just south of Bluff rd.
  • Road Surface: Paved
School Information
  • Elementary School: East Orient
  • High School: Sam Barlow
  • Middle Or Junior School: West Orient
Taxes and HOA
  • Tax Year: 2024
  • Tax Annual Amount: $7,642.23
  • Parcel Number: R342416
  • Tax Legal Description: SECTION 20 1S 4E, TL 1500 2.02 ACRES
Property
Lot Information
  • Acres: 2.02
  • Lot Description: Gentle Sloping
  • Lot Size Square Feet: 87991.0
  • Lot Size Range: Acres1to3
  • Lot Size: 1 to 2.99 Acres
Property and Assessments
  • Property Type: Multi Family
  • Water Description: Public Water
  • Property Condition: Unknown
  • Year Built: 1953
Utilities
  • Cooling Description: None
  • Fuel Description: Electricity
  • Heating Description: Floor Furnace
  • Hot Water Description: Electricity
  • Sewer Description: Septic Tank
  • Rent Includes: Maintenance Grounds, Sewer, Trash Collection, Water
Interior and Exterior Features
Exterior Features
  • Exterior Description: Lap Siding
  • Roof Type: Composition
Interior Features
  • Basement: Crawl Space
Multi Family
Multi-Family Information
  • Number Of Units Total: 5
  • Gross Income Actual: $77,780.00
  • Gross Income Projected: $85,280.00
  • Gross Rent Multiplier: $10.93
  • Net Income Actual: $48,893.00
  • Net Income Projected: 56393
  • Operating Expenses Projected: $28,887.00
  • Operating Expense: $28,887.00
  • Storage: Individual Storage Units
  • Unit Type Type: Unit Type Type1, Unit Type Type2, Unit Type Type3, Unit Type Type4, Unit Type Type5
  • Common Amenities: Laundry
  • SqFt Approximate Building Total: 4836
Unit 1 Information
  • Unit Type 1 Baths Total: 1
  • Unit Type 1 Baths Decimal: 1.00
  • Unit Type 1 Beds Total: 2
  • Unit Type 1 Features: Dishwasher, Range, Refrigerator, Storage
  • Unit Type 1 Rent: $1,375
  • Unit Type 1 SqFt: 860.0
  • Unit Type 1 Units Total: 1
Unit 2 Information
  • Unit Type 2 Baths Total: 1
  • Unit Type 2 Baths Decimal: 1.00
  • Unit Type 2 Beds Total: 2
  • Unit Type 2 Features: Dishwasher, Range, Refrigerator, Storage
  • Unit Type 2 Rent: $1,500
  • Unit Type 2 SqFt: 860.0
  • Unit Type 2 Units Total: 1
Unit 3 Information
  • Unit Type 3 Baths Total: 1
  • Unit Type 3 Baths Decimal: 1.00
  • Unit Type 3 Beds Total: 1
  • Unit Type 3 Features: Dishwasher, Range, Refrigerator, Storage
  • Unit Type 3 Rent: $1,155
  • Unit Type 3 SqFt: 475.0
  • Unit Type 3 Units Total: 1
Unit 4 Information
  • Unit Type 4 Baths Total: 1
  • Unit Type 4 Baths Decimal: 1.00
  • Unit Type 4 Beds Total: 2
  • Unit Type 4 Features: Dishwasher, Range, Refrigerator, Storage
  • Unit Type 4 Rent: $1,325
  • Unit Type 4 SqFt: 775
  • Unit Type 4 UnitsTotal: 1
Unit 5 Information
  • Unit Type 5 Baths Total: 1
  • Unit Type 5 Baths Decimal: 1.00
  • Unit Type 5 Beds Total: 2
  • Unit Type 5 Features: Dishwasher, Range, Storage
  • Unit Type 5 Rent: $1,210
  • Unit Type 5 SqFt: 775.0
  • Unit Type 5 Units Total: 1

Property History for 8031 Southeast Orient Drive

DateEvent & SourcePriceAppreciation
Feb 14, 2020

Sold (Public Record)

Public Record #663394350

$799,000

+6.0% / yr

Oct 3, 2006

Sold (Public Record)

Public Record #203251078

$365,000
DateEvent & SourcePrice
02/14/2020

Sold (Public Record)

Public Record #663394350

$799,000

+6.0% / yr

10/03/2006

Sold (Public Record)

Public Record #203251078

$365,000

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 8031 Southeast Orient Drive

Taxable ValueLand-Additions-Total-
Tax Record2024$7,642 ($637 / month)
Home Facts
Baths5Total Finished SqFt4,836 SqFtAbove Grade Finished SqFt4,836 SqFtStories2Lot Size87,991 SqFtStyleMulti-Family Res (5+ Units)Year Built1953ZoningMUA-20CountyMULTNOMAHAPN1S4E20CC 01500

Schools near 8031 Southeast Orient Drive

This home is within Gresham-Barlow School District 10j.
Rating
School
Type
Grades
Distance
Public - K to 5
Public - 6 to 8
Public - 9 to 12
Public - 9 to 12
Rating
School
Distance
East Orient Elementary School
PublicK to 5

West Orient Middle School
Public6 to 8

Sam Barlow High School
Public9 to 12

Springwater Trail High School
Public9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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Listing Courtesy of Keller Williams Realty Portland Premiere

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