1228 NE Division St
Gresham, OR 97030
Central City- 2 Beds
- 1 Bath
- 950 sqft (on 1.04 acres)
2 Beds
1 Bath
950 sqft
(on 1.04 acres)
Local Information
-- mins to
Description
10 year tax abatement may apply.This high profile 1 acre commercial location offers five parcels and a residence/office at one of Gresham's busiest intersection where Burnside and Division cross on the south side of Division. Both Division and Burnside offer daily traffic counts over 21,000 EACH.National and regional retailers like McDonald's, Safeway,Starbucks, and many more.
Mixed Use Commercial Multifamily 1 acre, 5 tax lots includes one home. Commercial Entrance and around 190 feet of frontage road to NE Division
Buyer to do all due diligence for their project, here are a few uses taken from the City of Gresham planning department under the DEM zoning section
Business and Retail Service and Trade
Multifamily Residential up to 70 Feet height and max Floor Ratio 3.0
Clinics
Manufacturing
Daycare Facilities
Live/work
Information Services
Single-Family Attached Dwellings
Religious Institutions
4.1113 Downtown Employment Mid-Rise (DEM): This mixed-use area is envisioned as one that could support significant employment, whether retail or office in nature. It has excellent access to light rail as well as several major streets – Hogan, Burnside, and Division. Buildings are allowed to have multiple stories with larger footprints here to accommodate market demand. This sub-district allows for a substantial amount of general office, financial, corporate and institutional uses that employ large numbers of people. It also allows a significant retail presence and residential uses
Lot Tax ID
R121673
R121674
R121689
R121688
R121686
Mixed Use Commercial Multifamily 1 acre, 5 tax lots includes one home. Commercial Entrance and around 190 feet of frontage road to NE Division
Buyer to do all due diligence for their project, here are a few uses taken from the City of Gresham planning department under the DEM zoning section
Business and Retail Service and Trade
Multifamily Residential up to 70 Feet height and max Floor Ratio 3.0
Clinics
Manufacturing
Daycare Facilities
Live/work
Information Services
Single-Family Attached Dwellings
Religious Institutions
4.1113 Downtown Employment Mid-Rise (DEM): This mixed-use area is envisioned as one that could support significant employment, whether retail or office in nature. It has excellent access to light rail as well as several major streets – Hogan, Burnside, and Division. Buildings are allowed to have multiple stories with larger footprints here to accommodate market demand. This sub-district allows for a substantial amount of general office, financial, corporate and institutional uses that employ large numbers of people. It also allows a significant retail presence and residential uses
Lot Tax ID
R121673
R121674
R121689
R121688
R121686
1228 NE Division St, Gresham, OR 97030 is a 2 bedroom, 1 bathroom, 950 sqft multi-family in Central City, built in 1948. It last sold for $381,000 on Oct 6, 2017. It is currently off market. The Trulia Estimate is $422,300, with a rent estimate of $1,834/month.
Home Highlights
Parking
Garage
Outdoor
No Info
A/C
Heating only
HOA
None
Price/Sqft
No Info
Listed
Less than a day ago
Home Details for 1228 NE Division St
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Heating & Cooling Heating: BaseboardHeating Fuel: Baseboard |
Levels, Entrance, & Accessibility Stories: 1 |
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Exterior Home Features Roof: CompositionExterior: Wood |
Parking & Garage GarageParking: Garage Attached |
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Year Built Year Built: 1948Year Updated: 1948 |
Property Type / Style Property Type: Multi FamilyArchitecture: Other |
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Units in Building: 1 |
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Lot Area: 1.04 acres |
Price History for 1228 NE Division St
| Date | Price | Event | Source |
|---|---|---|---|
| 05/12/2021 | ListingRemoved | N/A | |
| 04/20/2021 | $695,000 | Listed For Sale | N/A |
| 05/26/2020 | $599,000 | ListingRemoved | Agent Provided |
| 08/22/2019 | $599,000 | PriceChange | Agent Provided |
| 04/17/2019 | $649,000 | PriceChange | Agent Provided |
| 10/25/2018 | $699,000 | PriceChange | Agent Provided |
| 09/26/2018 | $780,000 | PriceChange | Agent Provided |
| 08/14/2018 | $850,000 | Listed For Sale | Agent Provided |
| 10/06/2017 | $381,000 | Sold | N/A |
Market trends in Gresham
Last updated May 2026
Avg. sale price
$465K
$5.67KMoM
Sale-to-List Price
100.0%
Price per sq ft
$266
$1MoM
Available listings
315
24MoM
Property Tax and Assessment
| Year | 2025 |
|---|---|
| Tax | $3,117 |
| Assessment | $247,360 |
Home facts updated by county records
Comparable Sales for 1228 NE Division St
Address | Distance | Property Type | Sold Price | Sold Date | Bed | Bath | Sqft |
|---|---|---|---|---|---|---|---|
0.31 | Multi-Family Home | $489,000 | 10/06/25 | 4 | 2 | 1,612 | |
0.68 | Multi-Family Home | $507,500 | 10/01/25 | 4 | 2 | 1,664 | |
0.72 | Multi-Family Home | $535,000 | 06/08/26 | 4 | 2 | 1,802 | |
0.37 | Multi-Family Home | $850,000 | 05/19/26 | 4 | 4 | 2,164 | |
0.53 | Multi-Family Home | $530,000 | 06/17/26 | 6 | 4 | 2,416 | |
1.05 | Multi-Family Home | $465,000 | 02/20/26 | 4 | 2 | 1,728 | |
0.67 | Multi-Family Home | $530,000 | 06/26/26 | 6 | 6 | 2,454 | |
0.99 | Multi-Family Home | $506,750 | 01/26/26 | 5 | 3 | 1,808 | |
0.43 | Multi-Family Home | $656,886 | 08/29/25 | 18 | 9 | 9,216 | |
1.16 | Multi-Family Home | $550,000 | 04/06/26 | 4 | 2 | 1,744 |
Nearby homes
Get a sense of prices in the area by checking nearby homes.Assigned Schools
These are the assigned schools for 1228 NE Division St.
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
25 % Say there are community events
Sourced by Trulia users. Learn more about our methodology.
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