$131,000 - $159,000
↓ $4K (2.7%)
●
Mobile Manufactured -
Off Market
1949 SE PALMQUIST RD #1
Gresham, OR 97080
3 Beds
2 Baths
1,232 Ft²
About This Property
Stunning remodel in the heart of Gresham! This 3 bed, 2 bath,
1,232sqft home offers an inviting open concept feel, large living
room open to the kitchen that has brand new stainless steel
appliance, backsplash, & breakfast bar, 2 spacious bedrooms
on the opposite side of the home, huge primary with wall to
wall closet and full shower. Outside you have a newly landscaped &
fully fenced backyard, tool shed, heat pump and more. Recent
upgrades include roof, siding, yard, paint, kitchen, bathrooms and
more. You don't want to miss it! Space rent is $1,175/month.
The manager has listed the unit size as 1232 square feet.
The manager has listed the unit size as 1232 square feet.
Unit Size
1,232 Ft²
Days on Market
-
Land Size
-
Price per sqft
$118
Property Type
Mobile Manufactured
Property Taxes
$92
HOA Dues
-
Year Built
1994
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Cap Rate
100% Occupancy
N/A (extreme outlier) What does this mean?
Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.
How much can I actually make?
Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.
How is cap rate calculated?
Cap Rate = Net Operating Income (NOI) / Property Asset Value.
When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.
Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Sep 5, 2026 | Price Decreased |
$139,000
↓ $4K
(2.7%) | |
| Price Decreased | |||
| Jun 29, 2026 | Listed | $142,800 | |
| Listed | |||
   | |||
|
Space #1. Stunningly updated and well-maintained 3-bedroom, 2-bath home in the desirable Hogan Meadows community. This spacious 1,232 SF home offers an open-concept layout with a large living room flowing into the beautifully remodeled kitchen featuring stainless steel appliances, updated backsplash, and breakfast bar. The private primary suite includes a full bath and generous closet space. Recent improvements include updated kitchen and baths, newer roof, siding, paint, landscaping, and more. Enjoy the fully fenced yard, storage shed, heat pump for year-round comfort, and convenient location close to shopping, dining, parks, and commuter routes. Move-in ready!
| |||
| Apr 30, 2024 | No longer available | - | |
| No longer available | |||
| Apr 24, 2024 | Relisted | $145,000 | |
| Relisted | |||
| Apr 11, 2024 | No longer available | - | |
| No longer available | |||
Show More
Property Highlights
Comparables
Unit
Status
Status
Type
Beds
Baths
ft²
Price/ft²
Price/ft²
Asking Price
Listed On
Listed On
Closing Price
Sold On
Sold On
HOA + Taxes
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
06/12/2026
|
3 Bed
|
2 Bath
|
1848 ft²
|
$160,000
3 Bed
2 Bath
1848 ft²
|
$155,000
-3.13%
09/10/2026
|
Mary Hall
Oregon First
| |
|
06/05/2026
|
3 Bed
|
2 Bath
|
-
|
$129,900
3 Bed
2 Bath
|
$126,000
-3.00%
08/17/2026
|
Tony Lozzi
John L. Scott Portland Metro
| |
|
05/13/2026
|
3 Bed
|
2 Bath
|
-
|
$155,000
3 Bed
2 Bath
|
$153,000
-1.29%
08/05/2026
|
Chrissy Hamlin
Harcourts Real Estate Network Group
| |
|
04/25/2024
|
3 Bed
|
2 Bath
|
1056 ft²
|
$95,000
3 Bed
2 Bath
1056 ft²
|
-
-
|
Javier Alomia
Real Broker
| |
|
03/01/2024
|
3 Bed
|
2 Bath
|
1232 ft²
|
$145,000
3 Bed
2 Bath
1232 ft²
|
-
-
|
Eduardo Reyes
Keller Williams Realty Portland Premiere
| |
|
12/01/2023
|
4 Bed
|
2 Bath
|
1568 ft²
|
$122,000
4 Bed
2 Bath
1568 ft²
|
-
-
|
Stephen FitzMaurice
eXp Realty, LLC
| |
|
09/19/2023
|
3 Bed
|
2 Bath
|
1280 ft²
|
$119,900
3 Bed
2 Bath
1280 ft²
|
-
-
|
Marty Spellman
John L. Scott Portland Metro
| |
|
07/20/2023
| |
3 Bed
|
2 Bath
|
1232 ft²
|
$149,950
3 Bed
2 Bath
1232 ft²
|
-
-
|
Jesus Gomez
RE/MAX Equity Group
|
|
04/27/2023
|
3 Bed
|
2 Bath
|
1232 ft²
|
$99,000
3 Bed
2 Bath
1232 ft²
|
-
-
|
Gina Shingler
Oregon Digs Real Estate
| |
|
04/17/2023
|
3 Bed
|
2 Bath
|
1680 ft²
|
$139,900
3 Bed
2 Bath
1680 ft²
|
-
-
|
Eduardo Reyes
Keller Williams Realty Portland Premiere
| |
|
06/02/2022
|
3 Bed
|
2 Bath
|
1512 ft²
|
$139,999
3 Bed
2 Bath
1512 ft²
|
-
-
|
Eric Zechenelly
Willamette Equity Brokerage LLC
| |
|
04/07/2022
|
3 Bed
|
2 Bath
|
1782 ft²
|
$142,000
3 Bed
2 Bath
1782 ft²
|
-
-
|
Marjorie Baker
McKenzie-Baker Properties
| |
|
12/17/2021
|
4 Bed
|
2 Bath
|
1556 ft²
|
$133,900
4 Bed
2 Bath
1556 ft²
|
-
-
|
Marjorie Baker
McKenzie-Baker Properties
| |
|
07/19/2021
| |
3 Bed
|
2 Bath
|
1680 ft²
|
$79,500
3 Bed
2 Bath
1680 ft²
|
-
-
|
Bill Bailey
RE/MAX Advantage Group
|
|
03/23/2020
| |
3 Bed
|
2 Bath
|
1200 ft²
|
$72,500
3 Bed
2 Bath
1200 ft²
|
-
-
|
-
|
|
08/21/2018
| |
3 Bed
|
2 Bath
|
1620 ft²
|
-
3 Bed
2 Bath
1620 ft²
|
-
-
|
-
|
Building Info
1949 Southeast Palmquist Road
1949 Southeast Palmquist Road, Gresham, OR 97080
- 3 Units for Sale
Your Privacy Choices
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017