Home Highlights
Property Type
Apartment
Year Built
2024
Living Area
575 sqft
Local Information
-- mins to
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
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Levels, Entrance, & Accessibility Stories: 4ElevatorFloors: Linoleum Vinyl |
Appliances & Utilities Washer |
Heating & Cooling Air ConditioningCooling System: Air Conditioner |
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Year Built Year Built: 2024 |
Property Type / Style Property Type: Apartment |
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Lease Term: 12Available: now |
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Parking & Garage Parking: Covered Off Street, On Site |
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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.Around this home
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.
LGBTQ Local Legal Protections
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Price and Tax history
| Date | Event | Price |
|---|---|---|
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 |
Feb 22, 2025 Source: Zillow Rentals | ListingRemoved | $1,499 |
Feb 21, 2025 Source: Zillow Rentals | PriceChange | $1,499 Price decreased by 3% |
Jan 30, 2025 Source: Zillow Rentals | Listed For Rent | $1,550 |
Jan 30, 2025 Source: Zillow Rentals | ListingRemoved | $1,550 |
Jan 25, 2025 Source: Zillow Rentals | Listed For Rent | $1,550 |
Jan 9, 2025 Source: Zillow Rentals | ListingRemoved | $1,550 |
Dec 21, 2024 Source: Zillow Rentals | PriceChange | $1,550 Price increased by 3% |
Aug 27, 2024 Source: Zillow Rentals | Listed For Rent | $1,510 |
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
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.

