492 NE 2nd St #225, Gresham, OR 97030
Property image
Property image
OFF MARKET

492 NE 2nd St #225
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 #225.
  • Schools1 Elementary School1 Middle School1 High School
  • Shop & Eat
-- 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 #225, 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 $1,530 per month. That rental listing was removed on July 1, 2026. It is currently off market. The Trulia Estimate rent is $1,623/month.

Home Details for 492 NE 2nd St #225

Interior Features

Levels, Entrance, & Accessibility
Stories: 4ElevatorFloors: Linoleum Vinyl
Appliances & Utilities
Washer
Heating & Cooling
Air ConditioningCooling System: Air Conditioner

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 Off Street, On Site

Building

Community rooms
Fitness Center

Comparable Sales for 492 NE 2nd St #225

Address
Distance
Property Type
Sold Price
Sold Date
Bed
Bath
Sqft
0.26
Apartment
$489,000
10/06/25
4
2
1,612 sqft
0.11
Apartment
$656,886
08/29/25
6
4
3,072 sqft
0.48
Apartment
$507,500
10/01/25
4
2
1,664 sqft
1.09
Apartment
$370,000
11/26/25
5
3
1,890 sqft
0.96
Apartment
$145,000
12/30/25
2
2
952 sqft
1.40
-
-
-
2
1
798 sqft
1.10
Apartment
$450,000
04/20/26
6
5
2,676 sqft
1.66
Apartment
$550,000
04/06/26
3
2
1,744 sqft
1.59
Apartment
$524,000
10/10/25
5
3
2,014 sqft
1.42
Apartment
$506,750
01/14/26
3
1,808 sqft
Home facts updated by county records

Nearby homes

Get a sense of prices in the area by checking nearby homes.
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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

Price and Tax history

DateEventPrice
Jul 1, 2026
Source: Zillow Rentals
ListingRemoved
$1,450
Jun 20, 2026
Source: Zillow Rentals
PriceChange
$1,450
Price decreased by 5%
Apr 30, 2026
Source: Zillow Rentals
Listed For Rent
$1,530
Feb 27, 2025
Source: Zillow Rentals
ListingRemoved
$1,499
Feb 22, 2025
Source: Zillow Rentals
Listed For Rent
$1,499

Frequently asked questions about 492 NE 2nd St #225

  • 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 #225?
    The closest schools to 492 NE 2nd St #225 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 #225 have air conditioning?
    Yes, 492 NE 2nd St #225 in Gresham, OR has air conditioning.
  • Does 492 NE 2nd St #225 have parking?
    Yes, 492 NE 2nd St #225 in Gresham, OR has on-site parking.

Homes for rent near 492 NE 2nd St #225

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Affordability

TIP:Try to keep your rent within a third of your gross household income. Learn why in our Renter's Guide.
For this property
PER YEAR
is the suggested income
Win over prospective landlords with your smart budgeting. As a good rule of thumb, ideally you would have at least three times your monthly rent in combined household income.
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