1228 NE Division St, Gresham, OR 97030
Property image
Property image
OFF MARKET

$391,800

Trulia Estimate
  • 2 Beds
  • 1 Bath
  • 950 sqft (on 1.04 acres)

1228 NE Division St, Gresham, OR 97030

Central City
Est. Refi. Payment $2,369/mo*
Refinance Your Home
Currently Off Market - Sold Oct 6, 2017 for $381,000

Home Value

Trulia Estimate
$392K
Since last month
Increased$4K (+1.1%)
Since last year
Decreased$44K (-10%)
Since last sale
Increased$14K (+3.6%)
Learn more about this home's value by checking out its Trulia Estimate, the value of nearby homes, and how much similar homes have sold for.

Trulia Estimate

The of this home's value decreased by -9% in the last 10 years
MonthEstimated value
2026
August 2026$395K
July 2026$390K
June 2026$404K
May 2026$402K
April 2026$404K
March 2026$403K
February 2026$393K
January 2026$408K
2025
2024
2023
2022
2021
2020

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
965 NE 4th St, Gresham, OR
0.31
Multi-Family Home
$489,000
10/06/25
4
2
1,612
1330 SE 4th St, Gresham, OR
0.68
Multi-Family Home
$507,500
10/01/25
4
2
1,664
1185-1195 SE 5th St, Gresham, OR
0.72
Multi-Family Home
$535,000
06/08/26
4
2
1,802
234 NE Cleveland Ave, Gresham, OR
0.37
Multi-Family Home
$850,000
05/19/26
4
4
2,164
1783-1791 NE Beech Pl, Gresham, OR
0.53
Multi-Family Home
$530,000
06/17/26
6
4
2,416
875 SE Rene Ave, Gresham, OR
1.05
Multi-Family Home
$465,000
02/20/26
4
2
1,728
231 SE Elliott Ave, Gresham, OR
0.67
Multi-Family Home
$530,000
06/26/26
6
6
2,454
805 SE Rene Ave, Gresham, OR
1.00
Multi-Family Home
$520,000
08/03/26
5
3
1,872
3430 NE Division St, Gresham, OR
0.99
Multi-Family Home
$506,750
01/26/26
5
3
1,808
607 NE 3rd St, Gresham, OR
0.43
Multi-Family Home
$656,886
08/29/25
18
9
9,216

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
776 NE 9th St, Gresham, OR 97030
0.21
$337,200
3
2
1,402
Off Market
768 NE 9th St, Gresham, OR 97030
0.22
$299,000
3
2
1,480
For Sale
764 NE 9th St, Gresham, OR 97030
0.22
$313,400
3
2
1,392
Off Market
718 NE 9th St, Gresham, OR 97030
0.23
$391,300
3
2
1,450
Off Market
724 NE 9th St, Gresham, OR 97030
0.23
$379,000
3
2
1,378
Off Market
728 NE 9th St, Gresham, OR 97030
0.23
$378,300
3
2
1,434
Off Market
732 NE 9th St, Gresham, OR 97030
0.23
$373,200
3
2
1,378
Off Market
736 NE 9th St, Gresham, OR 97030
0.23
$394,500
3
2
1,434
Off Market
894 NE Linden Ave, Gresham, OR 97030
0.25
$310,000
3
2
1,376
Recently Sold
1557 NE Vista Way, Gresham, OR 97030
0.27
$433,100
3
2
1,279
Off Market
690 NE 9th St, Gresham, OR 97030
0.27
$321,100
3
2
1,387
Off Market
1132 NE 6th St, Gresham, OR 97030
0.23
$289,200
1
1
1,117
Off Market

Local Information

  • Map ViewExplore the area around 1228 NE Division St.
  • Schools1 Elementary School1 Middle School1 High School
  • Shop & Eat
-- mins to
Commute Destination

Home Highlights

Property Type
Multi-Family
Year Built
1948
Lot Size
1.04 acres
Living Area
950 sqft
Price/Sqft
$412
Parking
Garage

About this House

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

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. This property is not currently displayed as for sale or rent on Trulia. The Trulia Estimate is $391,800, with a rent estimate of $1,720/month.

Home Details for 1228 NE Division St

Interior Features

Heating & Cooling
Heating: BaseboardHeating Fuel: Baseboard
Levels, Entrance, & Accessibility
Stories: 1

Exterior Features

Exterior Home Features
Roof: CompositionExterior: Wood
Parking & Garage
GarageParking: Garage Attached

Property Information

Year Built
Year Built: 1948Year Updated: 1948
Property Type / Style
Property Type: Multi FamilyArchitecture: Other

Community

Units in Building: 1

Lot Information

Lot Area: 1.04 acres

Price and Tax history

DateEventPrice
May 12, 2021
Source: N/A
ListingRemoved
Apr 20, 2021
Source: N/A
Listed For Sale
$695,000
May 26, 2020
Source: Agent Provided
ListingRemoved
$599,000
Aug 22, 2019
Source: Agent Provided
PriceChange
$599,000
Price decreased by 8%
Apr 17, 2019
Source: Agent Provided
PriceChange
$649,000
Price decreased by 7%

Market trends in Gresham

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

Around this home

Neighborhood Overview

Central City
See Local Highlights
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."
    3
    Flag
  • 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"
    3
    Flag
  • 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"
    0
    Flag
  • krystalcravens
    "this town is the best place for families and all of the above"
    0
    Flag

LGBTQ Local Legal Protections

Frequently asked questions about 1228 NE Division St

  • What is 1228 NE Division St estimated to be worth?
    Trulia's estimated value for 1228 NE Division St in Gresham, OR is $391,800.
  • What is the price history for 1228 NE Division St?
    1228 NE Division St in Gresham, OR last sold for $381,000 in October 2017.
  • 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.

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