492 NE 2nd St #404, Gresham, OR 97030
Property image
Property image
OFF MARKET

492 NE 2nd St #404
Gresham, OR 97030

Central City
  • Studio
  • 1 Bath
  • 450 sqft
Studio
1 Bath
450 sqft

Home Highlights

Property Type
Apartment
Year Built
2024
Living Area
450 sqft

Local Information

  • Map ViewExplore the area around 492 NE 2nd St #404.
  • 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 #404, Gresham, OR 97030 is a studio, 1 bathroom, 450 sqft apartment in Central City, built in 2024. More recently, it was listed as a rental in October 2025 with an asking price of $1,450 per month. That rental listing was removed on January 13, 2026. It is currently off market. The Trulia Estimate rent is $1,397/month.

Home Details for 492 NE 2nd St #404

Interior Features

Levels, Entrance, & Accessibility
Stories: 4ElevatorFloors: Linoleum Vinyl
Appliances & Utilities
DryerWasher
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: 0 Months

Exterior Features

Parking & Garage
Parking: Covered Off Street, On Site

Building

Community rooms
Fitness Center

Market trends in Gresham

Last updated June 2026
Buyer'sMarketSeller'sMarket
Avg. sale price
$466K
$1.33K
MoM
Sale-to-List Price
100.0%
Price per sq ft
$275
$8
MoM
Available listings
325
10
MoM

Price History for 492 NE 2nd St #404

DatePriceEventSource
01/13/2026$1,345ListingRemovedZillow Rentals
11/26/2025$1,345PriceChange
Zillow Rentals
11/12/2025$1,295PriceChange
Zillow Rentals
11/01/2025$1,399PriceChange
Zillow Rentals
10/28/2025$1,450Listed For RentZillow Rentals
10/23/2025$1,450ListingRemovedZillow Rentals
09/26/2025$1,450Listed For RentZillow Rentals
09/11/2025$1,450ListingRemovedZillow Rentals
08/08/2025$1,450Listed For RentZillow Rentals
11/23/2024$1,395ListingRemovedZillow Rentals
10/24/2024$1,395Listed For RentZillow Rentals

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Comparable Sales for 492 NE 2nd St #404

Address
Distance
Property Type
Sold Price
Sold Date
Bed
Bath
Sqft
0.26
Apartment
$489,000
10/06/25
4
2
1,612
0.11
Apartment
$656,886
08/29/25
6
4
3,072
0.48
Apartment
$507,500
10/01/25
4
2
1,664
1.09
Apartment
$370,000
11/26/25
5
3
1,890
1.10
Apartment
$450,000
04/20/26
6
5
2,676
0.96
Apartment
$145,000
12/30/25
2
2
952
1.42
Apartment
$506,750
01/14/26
3
1,808
1.66
Apartment
$550,000
04/06/26
3
2
1,744
1.59
Apartment
$524,000
10/10/25
5
3
2,014
1.56
Apartment
$590,000
03/10/26
6
3
2,480
Home facts updated by county records

Nearby homes

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

These are the assigned schools for 492 NE 2nd St #404.
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

  • 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

Frequently asked questions about 492 NE 2nd St #404

  • 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 up $1.33K 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 #404?
    The closest schools to 492 NE 2nd St #404 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 #404 have air conditioning?
    Yes, 492 NE 2nd St #404 in Gresham, OR has air conditioning.
  • Does 492 NE 2nd St #404 have laundry facilities?
    Yes, 492 NE 2nd St #404 in Gresham, OR has in-unit laundry.