A two-unit duplex on SE 12th Street in a quiet residential pocket of Gresham, featuring a spacious 3-bedroom, 2-bath unit and a 2-bedroom, 1-bath unit. The three bed unit sits vacant, opening the door to owner-occupancy or "house-hacking", while the second is leased well below market, creating immediate upside from day one. The three bedroom unit currently sits vacant, allowing for immediate move-in of an owner-occupant or the opportunity for an investor to lease up the unit at market rent. The second unit is on a month-to-month lease term, with upside through raising rents to market. The occupied unit is leased at $1,250, nearly 25% below what comparable units are achieving in this submarket today. There is an opportunity to bill back water/sewer and garbage to the tenants as they are currently owner-paid. Parking is a standout feature here: each unit has its own large garage which is suitable for tandem parking or generous storage. In addition to driveway parking and on-street parking. Spacious fenced backyards for each unit allow for quiet outdoor enjoyment for current and prospective tenants. Situated in a quiet, established residential pocket of Gresham, the property offers an easy pace of daily living without sacrificing connectivity. SE Palmquist Road provides quick access to both US-26/Powell Boulevard and SE Hogan Road. Daily needs are close by: Fred Meyer, Walmart Neighborhood Market, and WinCo Foods are all within a mile, and Gradin Community Sports Park with its walking trail, dog parks, pickleball courts, and open fields sits about half a mile away. For tenants or an owner-occupant who want light rail access into Portland, the MAX Blue Line’s Cleveland Avenue station is a short drive away, and historic downtown Gresham — with its shops, restaurants, and Main City Park, is within walking distance.