492 NE 2nd St #428, Gresham, OR 97030
Property image
Property image
OFF MARKET

492 NE 2nd St #428
Gresham, OR 97030

Central City
  • 1 Bed
  • 1 Bath
  • 575 sqft
1 Bed
1 Bath
575 sqft

Home Highlights

Property Type
Apartment
Year Built
2024
Living Area
575 sqft

Local Information

  • Map ViewExplore the area around 492 NE 2nd St #428.
-- mins to
Commute Destination

About this House

Our thoughtfully designed live-work spaces, studio, one, two, and three-bedroom apartment homes feature modern amenities and stylish finishes, creating a comfortable and inspiring living experience. Enjoy the convenience of reserved parking options, an in-home washer and dryer, and open floor plans with the flexibility to design your ideal retreat.
492 NE 2nd St #428, Gresham, OR 97030 is a 1 bedroom, 1 bathroom, 575 sqft apartment in Central City, built in 2024. More recently, it was listed as a rental in April 2026 with an asking price of $1,620 per month. That rental listing was removed on July 18, 2026. It is currently off market. The Trulia Estimate rent is $1,612/month.

Home Details for 492 NE 2nd St #428

Interior Features

Heating & Cooling
Heating: Central, ElectricAir ConditioningCooling System: Air ConditionerHeating Fuel: Central
Levels, Entrance, & Accessibility
Stories: 4ElevatorFloors: Vinyl

Property Information

Year Built
Year Built: 2024
Property Type / Style
Property Type: Apartment

Rental Terms, Policies & Fees

Lease Term: 12Available: now

Exterior Features

Parking & Garage
Parking: Covered Deck Gated On Site On Street Oversized

Building

Community rooms
Fitness Center

Additional Information

GatedPark

Market trends in Gresham

Last updated July 2026
Buyer'sMarketSeller'sMarket
Avg. sale price
$466K
$234
MoM
Sale-to-List Price
100.0%
Price per sq ft
$275
$1
MoM
Available listings
365
38
MoM

Price and Tax history

DateEventPrice
Jul 18, 2026
Source: Zillow Rentals
ListingRemoved
$1,525
Jun 20, 2026
Source: Zillow Rentals
PriceChange
$1,525
Price decreased by 6%
Apr 25, 2026
Source: Zillow Rentals
Listed For Rent
$1,620

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Home Value

Learn more about this home's value by checking out the value of nearby homes and how much similar homes have sold for.

Comparable sales

These are recently sold homes that have a similar location or other similar features to this home, like bedrooms, bathrooms, and square footage. Get a sense of the expected prices in the area by viewing these homes.
Address
Distance
Property Type
Sold Price
Sold Date
Bed
Bath
Sqft
0.26
Apartment
$489,000
10/06/25
4
2
1,612
0.11
Apartment
$656,886
08/29/25
6
4
3,072
0.48
Apartment
$507,500
10/01/25
4
2
1,664
1.09
Apartment
$370,000
11/26/25
5
3
1,890
0.96
Apartment
$145,000
12/30/25
2
2
952
1.10
Apartment
$450,000
04/20/26
6
5
2,676
1.66
Apartment
$550,000
04/06/26
3
2
1,744
1.59
Apartment
$524,000
10/10/25
5
3
2,014
1.42
Apartment
$506,750
01/14/26
3
1,808
1.56
Apartment
$590,000
03/10/26
6
3
2,480
Home facts updated by county records

Nearby home prices

Get a sense of expected prices in the area by checking the value of nearby homes.
Address
Distance
Price
Bed
Bath
Sqft
Status
0.10
-
Studio
-
-
Off Market
0.11
$658,100
18
9
9,216
Off Market
0.13
$268,000
2
2
1,395
Off Market
0.15
$407,000
3
2
1,459
Recently Sold
0.15
$323,100
3
1
1,222
Off Market
0.13
$453,700
3
2
1,250
Off Market
0.17
$409,800
3
2
1,074
Off Market
0.18
$409,700
3
2
1,058
Off Market
0.15
$439,700
4
2
1,237
Off Market
0.17
$229,000
2
1
889
For Sale
0.17
$245,000
2
1
889
Recently Sold
0.17
$214,900
1
1
854
For Sale

Neighborhood Overview

Neighborhood stats provided by third party data sources.

What Locals Say about Central City

At least 14 Trulia users voted on each feature.
  • 89 % Say parking is easy

  • 87 % Say it's dog friendly

  • 79 % Say it's walkable to restaurants

  • 75 % Say there are sidewalks

  • 73 % Say car is needed

  • 71 % Say it's walkable to grocery stores

  • 68 % Say there's holiday spirit

  • 63 % Say kids play outside

  • 61 % Say yards are well-kept

  • 58 % Say streets are well-lit

  • 53 % Say people would walk alone at night

  • 44 % Say neighbors are friendly

  • 42 % Say they plan to stay for at least 5 years

  • 42 % Say it's quiet

  • 40 % Say there's wildlife

  • 24 % Say there are community events

Sourced by Trulia users. Learn more about our methodology.
  • Trulia User
    "it used to be unique but now it's a cess pool of homelessness and crime, like the majority of Portland."
  • Jgruskin6616
    "lots of families with children, great parks and downtown events. music on Mondays, Saturday market on Saturdays, movies in the park on Fridays. close to any shopping. schools are ok. crime is pretty low. we have lived her for 2.5 years and we have really enjoyed jt"
  • Amber
    "Saturday market and downtown Gresham are in walking distance Downtown Gresham has lots of things going on in the summer Great little shops places to eat a couple breweries the neighborhood isn’t too rowdy"
  • krystalcravens
    "this town is the best place for families and all of the above"

LGBTQ Local Legal Protections

Frequently asked questions about 492 NE 2nd St #428

  • Is Gresham a buyer's or seller's market?
    Gresham is currently a seller's market, based on recent for-sale activity.
  • What's the median sale price in Gresham?
    The median sale price in Gresham is $466K. That is down $234 from the prior month.
  • What do residents say about the Central City neighborhood?
    Residents describe the Central City neighborhood in Gresham, OR as easy to park in, dog-friendly, and walkable to restaurants. See recently sold homes in Central City, Gresham.
  • What are the closest schools to 492 NE 2nd St #428?
    The closest schools to 492 NE 2nd St #428 in Gresham, OR are Dexter Mccarty Middle School (rated 3/10), East Gresham Elementary School (rated 7/10), Gresham High School (rated 4/10).
  • Does 492 NE 2nd St #428 have air conditioning?
    Yes, 492 NE 2nd St #428 in Gresham, OR has air conditioning.
  • Does 492 NE 2nd St #428 have parking?
    Yes, 492 NE 2nd St #428 in Gresham, OR has on-site parking.