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

1228 NE Division St
Gresham, OR 97030

Central City
  • 2 Beds
  • 1 Bath
  • 950 sqft (on 1.04 acres)

$422,300

Trulia Estimate
as of Jul 11, 2026
Est. Refi. Payment $2,548/mo*

$422,300

Trulia Estimate
as of Jul 11, 2026
Est. Refi. Payment $2,548/mo*
2 Beds
1 Bath
950 sqft
(on 1.04 acres)

Local Information

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

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

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

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 History for 1228 NE Division St

DatePriceEventSource
05/12/2021ListingRemovedN/A
04/20/2021$695,000Listed For SaleN/A
05/26/2020$599,000ListingRemovedAgent Provided
08/22/2019$599,000PriceChange
Agent Provided
04/17/2019$649,000PriceChange
Agent Provided
10/25/2018$699,000PriceChange
Agent Provided
09/26/2018$780,000PriceChange
Agent Provided
08/14/2018$850,000Listed For SaleAgent Provided
10/06/2017$381,000Sold
N/A

Market trends in Gresham

Last updated May 2026
Buyer'sMarketSeller'sMarket
Avg. sale price
$465K
$5.67K
MoM
Sale-to-List Price
100.0%
Price per sq ft
$266
$1
MoM
Available listings
315
24
MoM
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Property Tax and Assessment

Year2025
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

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Assigned Schools

These are the assigned schools for 1228 NE Division St.
The GreatSchools Rating compares schools on a variety of school quality indicators including test scores, college readiness, equity and more. Learn more.

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

  • 25 % 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"

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Homes for sale near 1228 NE Division St

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Off Market Homes Near 1228 NE Division St

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