492 NE 2nd St #404, Gresham, OR 97030
Property image
Property image
OFF MARKET
  • Studio
  • 1 Bath
  • 450 sqft

492 NE 2nd St #404, Gresham, OR 97030

Central City

Home Highlights

Apartment
Built in 2024
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

What's unique:Stylish finishesModern amenitiesIn-home washer and dryerOpen floor plans
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. This property is not currently displayed as for sale or rent on Trulia. The Trulia Estimate rent is $1,391/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

Comparable Sales for 492 NE 2nd St #404

Address
Distance
Property Type
Sold Price
Sold Date
Bed
Bath
Sqft
965-975 NE 4th St, Gresham, OR
0.26
Apartment
$489,000
10/06/25
4
2
1,612 sqft
1546-1568 NE Cleveland Ave, Gresham, OR
0.73
Apartment
$815,000
09/08/26
2
2
960 sqft
877-887 SE Francis Ave, Gresham, OR
0.92
Apartment
$500,000
09/18/26
4
2
1,976 sqft
880-890 NE Village Squire Ave, Gresham, OR
1.09
Apartment
$370,000
11/26/25
5
3
1,890 sqft
1543-1553 SW 5th Ct, Gresham, OR
1.10
Apartment
$450,000
04/20/26
6
5
2,676 sqft
1800 NE Hogan Dr, Gresham, OR
0.96
Apartment
$145,000
12/30/25
2
2
952 sqft
3430-3440 NE Division St, Gresham, OR
1.42
Apartment
$506,750
01/14/26
3
1,808 sqft
3311-3313 NE View Ave, Gresham, OR
1.66
Apartment
$550,000
04/06/26
3
2
1,744 sqft
3422-3428 SE 12th St, Gresham, OR
1.59
Apartment
$524,000
10/10/25
5
3
2,014 sqft
912-916 NE Hacienda Ct, Gresham, OR
1.56
Apartment
$590,000
03/10/26
6
3
2,480 sqft
Home facts updated by county records

Nearby homes

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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

Price and Tax history

DateEventPrice
Jan 13, 2026
Source: Zillow Rentals
ListingRemoved
$1,345
Nov 26, 2025
Source: Zillow Rentals
PriceChange
$1,345
Price increased by 4%
Nov 12, 2025
Source: Zillow Rentals
PriceChange
$1,295
Price decreased by 7%
Nov 1, 2025
Source: Zillow Rentals
PriceChange
$1,399
Price decreased by 4%
Oct 28, 2025
Source: Zillow Rentals
Listed For Rent
$1,450

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 $459K. That is down $7.37K 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.

Homes for rent near 492 NE 2nd St #404

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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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