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Off market
  • $403,800

    1228 NE Division St, Gresham, OR 97030

    2beds
    950sqft
    MultiFamily
    Built in 1948
    -- sqft lot
    $403,800 Zestimate®
    $425/sqft
    $1,759 Estimated rent

    Home value

    $403,800

    $351,000 - $468,000

    $1,759/mo

    Zestimate® history
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    $2,462/mo

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    What's special

    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

    This property is off market, which means it's not currently listed for sale or rent on Zillow. This may be different from what's available on other websites or public sources.

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 2
    • Bathrooms: 1
    • Full bathrooms: 1
    Heating
    • Baseboard
    Features
    • Has fireplace: No
    Interior area
    • Total interior livable area: 950 sqft

    Property

    Parking
    • Parking features: Garage - Attached
    Features
    • Exterior features: Wood
    Lot
    • Size: 1.04 Acres
    Details
    • Parcel number: R121673
    • Zoning: DEM

    Construction

    Type & style
    • Home type: MultiFamily
    Materials
    • Roof: Composition
    Condition
    • Year built: 1948

    Utilities & green energy

    • Utilities for property: Sewer Connected, Public Water-500'+

    Community & neighborhood

    Location
    • Region: Gresham

    Other

    Other facts
    • HeatingYN: true
    • CoolingYN: true
    • BusinessType: Other
    • CurrentFinancing: Conventional, Cash
    • NumberOfLots: 5
    • CurrentUse: Other
    • Utilities: Sewer Connected, Public Water-500'+
    • Zoning: DEM
    • CoListAgentEmail: viviannec.giusto@gmail.com
    • CoListAgentFullName: Vivianne Giusto
    • MlsStatus: Active

    Price history

    DateEventPrice
    5/12/2021Listing removed--
    Source: Owner Report a problem
    4/20/2021Listed for sale$695,000+16%$732/sqft
    Source: Owner Report a problem
    5/26/2020Listing removed$599,000$631/sqft
    Source: Oregon First #18284204 Report a problem
    8/22/2019Price change$599,000-7.7%$631/sqft
    Source: Oregon First #18284204 Report a problem
    4/17/2019Price change$649,000-7.2%$683/sqft
    Source: Oregon First #18284204 Report a problem
    10/25/2018Price change$699,000-10.4%$736/sqft
    Source: Oregon First #18284204 Report a problem
    9/26/2018Price change$780,000-8.2%$821/sqft
    Source: Oregon First #18284204 Report a problem
    8/14/2018Listed for sale$850,000+123.1%$895/sqft
    Source: Oregon First #18284204 Report a problem
    10/6/2017Sold$381,000$401/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$3,117 +4.5%$153,160 +3%
    2024$2,984 +9.8%$148,700 +3%
    2023$2,718 +2.9%$144,370 +3%
    2022$2,642 +2.6%$140,170 +3%
    2021$2,576 +6.3%$136,090 +3%
    2020$2,424 +2.7%$132,130 +3%
    2019$2,360 $128,290 +3%
    2018$2,360 +4.9%$124,560 +3%
    2017$2,251 +18.2%$120,940 +3%
    2016$1,904 $117,420 +3%
    2015$1,904 +2.2%$114,000 +3%
    2014$1,863 +20.4%$110,680 +14.5%
    2013$1,547 -8.5%$96,670 -10%
    2012$1,690 +1.2%$107,460 +1.7%
    2011$1,670 +0.5%$105,690 +3%
    2010$1,662 +2.5%$102,620 +3%
    2009$1,621 +2.6%$99,640 +3%
    2008$1,580 -2.5%$96,740 +3%
    2007$1,620 +2.8%$93,930 +3%
    2006$1,575 +4%$91,200 +3%
    2005$1,515 +1.1%$88,550 +3%
    2004$1,498 +4.3%$85,980 +3%
    2003$1,437 +3.5%$83,480 +3%
    2002$1,388 +7%$81,050 +6.1%
    2000$1,298 $76,400

    Find assessor info on the county website

    Neighborhood: Central City

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • Elementary: Hogan Cedars
    • Middle: Dexter McCarty
    • High: Gresham

    Source: The MLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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    Estimated market value
    $403,800
    Get a cash offer in 3 minutes
    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
    Estimated market value
    $403,800