Beautifully Updated 4-Bedroom Home with Income Potential in Gresham! Welcome to this exceptional 4-bedroom, 2-bath home offering flexibility, charm, and a unique opportunity for additional income or multigenerational living. The fully private lower-level unit features its own entrance, full kitchen, laundry, and living space — perfect for guests, extended family, or rental income. Upstairs, the bright open-concept main floor is designed for modern living, showcasing an updated kitchen with granite countertops, bar seating, and ample cabinetry. Spacious living and dining areas flow seamlessly for easy entertaining and everyday comfort. Garden lovers will adore the 24’ x 14’ greenhouse, complete with natural gas heat, utility sink, and commercial fans — ideal for year-round gardening, hobby growing, or small-scale production. Step outside to your private backyard oasis, featuring a relaxing hot tub, tranquil water feature with koi pond, and a fully fenced yard that’s perfect for outdoor enjoyment. Located close to top-rated schools, Bella Vista Park, Gresham Station shopping, and with easy access to freeways and public transit, this home offers the perfect balance of convenience, versatility, and serenity. Don’t miss this rare opportunity — schedule your private tour today!
Sold
$615,000
994 NW Wallula Ave, Gresham, OR 97030
4beds
3,204sqft
Residential, Single Family Residence
Built in 1947
0.25 Acres Lot
$614,400 Zestimate®
$192/sqft
$2,961 Estimated rent
Home value
$614,400
$578,000 - $651,000
$2,961/mo
Zestimate® history
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$3,788/mo
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Zillow last checked:
Listing updated:
Listed by:
Ruben Isai 503-309-9406,
Modern Realty
Bought with:
Eric McCormack, 201204867
Opt
Source: RMLS (OR),MLS#: 373046555
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 2
- Full bathrooms: 2
- Main level bathrooms: 1
Rooms
- Room types: Bedroom 2, Bedroom 3, Dining Room, Family Room, Kitchen, Living Room, Primary Bedroom
Primary bedroom
- Level: Main
Bedroom 2
- Level: Main
Bedroom 3
- Level: Lower
Dining room
- Level: Main
Family room
- Level: Main
Kitchen
- Level: Main
Living room
- Level: Main
Heating
- Forced Air
Cooling
- Central Air
Appliances
- Included: Built In Oven, Built-In Refrigerator, Dishwasher, Stainless Steel Appliance(s), Electric Water Heater
- Laundry: Laundry Room
Features
- Granite
- Windows: Aluminum Frames, Double Pane Windows, Vinyl Frames
- Basement: Finished,Full,Separate Living Quarters Apartment Aux Living Unit
- Number of fireplaces: 2
- Fireplace features: Gas, Stove, Wood Burning
Interior area
- Total structure area: 3,204
- Total interior livable area: 3,204 sqft
Property
Parking
- Total spaces: 2
- Parking features: Driveway, RV Boat Storage, Attached
- Attached garage spaces: 2
- Has uncovered spaces: Yes
Accessibility
- Accessibility features: Garage On Main, Main Floor Bedroom Bath, Accessibility
Features
- Levels: Two
- Stories: 2
- Exterior features: Water Feature, Yard
- Has spa: Yes
- Spa features: Free Standing Hot Tub
- Has view: Yes
- View description: Pond, Trees/Woods
- Has water view: Yes
- Water view: Pond
Lot
- Size: 0.25 Acres
- Features: Corner Lot, SqFt 10000 to 14999
Details
- Additional structures: Greenhouse, ToolShed, SeparateLivingQuartersApartmentAuxLivingUnit
- Parcel number: R129523
Construction
Type & style
- Home type: SingleFamily
- Property subtype: Residential, Single Family Residence
Materials
- Cedar
- Foundation: Concrete Perimeter
- Roof: Composition
Condition
- Resale
- New construction: No
- Year built: 1947
Utilities & green energy
- Gas: Gas
- Sewer: Public Sewer
- Water: Public
Community & HOA
Community
- Security: None
HOA
- Has HOA: No
Location
- Region: Gresham
Financial & listing details
- Price per square foot: $192/sqft
- Tax assessed value: $542,010
- Annual tax amount: $5,260
- Date on market: 10/11/2025
- Cumulative days on market: 126 days
- Listing terms: Cash,Conventional,FHA,VA Loan
- Road surface type: Paved
Price history
| Date | Event | Price |
|---|---|---|
| 3/31/2026 | Sold | $615,000$192/sqft |
Source:  RMLS (OR) #373046555 Report a problem | ||
| 2/17/2026 | Pending sale | $615,000$192/sqft |
Source: RMLS (OR) #373046555 Report a problem | ||
| 1/29/2026 | Price change | $615,000-1.6%$192/sqft |
Source: RMLS (OR) #373046555 Report a problem | ||
| 1/21/2026 | Listed for sale | $625,000+1101.9%$195/sqft |
Source: RMLS (OR) #373046555 Report a problem | ||
| 6/17/2005 | Sold | $52,000$16/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $5,496 +4.5% | $270,060 +3% |
| 2024 | $5,261 +9.8% | $262,200 +3% |
| 2023 | $4,793 +2.9% | $254,570 +3% |
| 2022 | $4,659 +2.6% | $247,160 +3% |
| 2021 | $4,542 +6.3% | $239,970 +3% |
| 2020 | $4,273 +2.7% | $232,990 +3% |
| 2019 | $4,162 | $226,210 +3% |
| 2018 | $4,162 +4.9% | $219,630 +3% |
| 2017 | $3,968 +18.2% | $213,240 +3% |
| 2016 | $3,357 | $207,030 +3% |
| 2015 | $3,357 +2.2% | $201,000 +3% |
| 2014 | $3,284 +5.4% | $195,150 +3% |
| 2013 | $3,117 +4.7% | $189,470 +3% |
| 2012 | $2,975 +3.3% | $183,960 +3% |
| 2011 | $2,879 +7.6% | $178,610 +8.2% |
| 2010 | $2,675 +2.5% | $165,120 +3% |
| 2009 | $2,609 +2.6% | $160,320 +3% |
| 2008 | $2,542 -2.4% | $155,660 +3% |
| 2007 | $2,606 +2.8% | $151,130 +3% |
| 2006 | $2,535 +4% | $146,730 +3% |
| 2005 | $2,437 +1.1% | $142,460 +3% |
| 2004 | $2,411 +3.9% | $138,320 +3% |
| 2003 | $2,320 +2.3% | $134,300 +3% |
| 2002 | $2,268 +8.6% | $130,390 +6.1% |
| 2000 | $2,088 +3.1% | $122,920 +3% |
| 1999 | $2,025 | $119,340 |
Find assessor info on the county website
Neighborhood: Northwest
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Nearby schools
GreatSchools rating
- 7/10East Gresham Elementary SchoolGrades: K-5Distance: 1.4 mi
- 3/10Dexter Mccarty Middle SchoolGrades: 6-8Distance: 1.5 mi
- 4/10Gresham High SchoolGrades: 9-12Distance: 0.7 mi
Schools provided by the listing agent
- Elementary: East Gresham
- Middle: Dexter Mccarty
- High: Gresham
Source: RMLS (OR). 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
$614,400
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
$614,400
- Oregon
- Multnomah County
- Gresham
- 97030
- Northwest
- 994 NW Wallula Ave
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