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Gresham, OR Multifamily Homes & Duplexes for Sale

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  • /28

    $424,900

    $15K PRICE DROP
    • 4 Beds
    • 2 Baths
    • 1,680 Sq Ft

    18427 SE Yamhill St Unit 18429, Portland, OR 97233

    Excellent investment opportunity at 18427–18429 SE Yamhill Street! This income-producing duplex offers an attractive 7.79% cap rate, approximately $36,000 in annual gross income, and two separate 2-bedroom, 1-bath units with private entrances and functional living spaces. A versatile option for investors, owner-occupants, house-hacking, or multigenerational living—live in one unit and rent the

    Agent Photo

    LizBeth Abbott

    Tree City Real Estate

    18427 SE Yamhill St Unit 18429, Portland, OR 97233
  • /27

    $720,000

    • 7 Beds
    • 4 Baths
    • 2,944 Sq Ft

    18635 SE Division St Unit 18639, Gresham, OR 97030

    Triplex in convenient Gresham location near the Springwater Trail, offering excellent access to outdoor recreation and nearby amenities. Property includes two 2-bedroom, 1-bath units of approximately 750 square feet each, plus a larger 3-bedroom, 2-bath unit of approximately 1,444 square feet—ideal for owner-occupancy or maximizing rental income. Situated on Division Street with easy access to

    Agent Photo

    Tim Sellers

    Berkshire Hathaway HomeServices NW Real Estate

    18635 SE Division St Unit 18639, Gresham, OR 97030
  • /27

    $675,000

    • 6 Beds
    • 3 Baths

    1825 NE Roberts Ave, Gresham, OR 97030

    Opportunity meets flexibility with this Gresham triplex! Whether you're looking to expand your investment portfolio or explore the option of living in one unit while renting the others, this property offers plenty of possibilities. Two units are currently occupied, while the vacant end unit has been recently refreshed and is ready for immediate occupancy or placement of a new tenant. Updates

    Agent Photo

    Stephanie Peck

    eXp Realty, LLC

    1825 NE Roberts Ave, Gresham, OR 97030
  • /23

    $419,000

    • 3 Beds
    • 7 Baths
    • 1,688 Sq Ft

    1014 SE 9th St, Gresham, OR 97080

    Beautiful 3 bedroom 2.5 bath Townhome. This home has a new roof, New exterior paint, and an completely updated kitchen and flooring through out the home. Attached Garage and fully fenced back yard. This unit is occupied and has a long term tenant. No HOA fees. All showing would be set up after an acceptable contingent offer to minimize the intrusion on the tenants. This private off the road

    Agent Photo

    Gordon Vavrek

    Premiere Property Group, LLC

    1014 SE 9th St, Gresham, OR 97080
  • /39

    $530,000

    • 5 Beds
    • 3 Baths
    • 1,900 Sq Ft

    3305 NE 15th St Unit 3309, Gresham, OR 97030

    Excellent investment or owner-occupancy opportunity with this well-maintained duplex offering spacious layouts, private outdoor spaces, and an outstanding location. Each residence is thoughtfully designed to provide comfort and functionality while maintaining its own sense of privacy. The first unit offers three bedrooms, one bathroom, a detached garage, and a generous living area that is ideal

    William Grzebyk Redfin

    3305 NE 15th St Unit 3309, Gresham, OR 97030
  • /31

    $719,800

    New Construction
    • 4 Beds
    • 6 Baths
    • 2,008 Sq Ft

    4055 SW Mckinley St, Gresham, OR 97080

    2 Detached homes each with 2 bedrooms and 2.1 baths. Directions to Home: From SE 190th Ave, turn onto SE Giese Rd.Continue on SE Giese Rd, then turn onto SW Linneman Dr.Turn onto SW 31st Ave, then left onto SW Dunway Ave.Turn left onto SW McKinley St.Homes will be on the right.This beautifully designed home features a thoughtfully landscaped front yard complete with a sprinkler system for easy

    Jason Shuler John L. Scott Sandy

    4055 SW Mckinley St, Gresham, OR 97080
  • /44

    $499,900

    • 4 Beds
    • 2 Baths
    • 2,108 Sq Ft

    22222 SE Ash St, Gresham, OR 97030

    Turnkey Gresham Duplex: Two Units, Two Garages, One great Corner Lot! Clean, well-maintained duplex in a great neighborhood location, home to long-term residents. This is an excellent first-time investment opportunity in Gresham's Newell Park neighborhood, built in 1957, on a .19-acre corner lot. Two 2-bed/1-bath units, sharing one detached double garage with a divider wall giving each unit its

    Daniela Sardo Real Broker

    22222 SE Ash St, Gresham, OR 97030
  • /22

    $409,947

    New Construction Open Sun 11AM - 3PM $40K PRICE DROP
    • 2 Beds
    • 2.5 Baths
    • 1,593 Sq Ft

    2455 NW 1st Dr, Gresham, OR 97030

    What's Special: Most affordable HOA in Gresham | Tile shower in primary | Expanded Island with cooktop. New Construction – Move-In Ready! Built by Vision Custom Homes in Gresham's newest community, Bryn Mawr. Step into this flexible 2-bedroom plus office/den, 2.5-bath townhome designed for modern life — whether you work from home, need a dedicated study, or simply want room to spread out. The

    Thatcher Green Builders Marketing Group

    2455 NW 1st Dr, Gresham, OR 97030
  • /48

    $800,000

    $15K PRICE DROP
    • 8 Beds
    • 8 Baths
    • 3,840 Sq Ft

    1546 NE Cleveland Ave Unit 1568, Gresham, OR 97030

    Fully leased 4-unit multifamily asset delivering immediate cash flow with strong retention. Each of the four units offers 2 bedrooms, 1.5 bathrooms, and 960 square feet with a thoughtful, open-concept layout featuring spacious living and dining areas, well-equipped kitchens, in-unit washer and dryer, and desirable private outdoor spaces (decks for upper units, patios for lower units) enhancing

    Sally Olsson Real Broker

    1546 NE Cleveland Ave Unit 1568, Gresham, OR 97030
  • /12

    $445,000

    • 4 Beds
    • 2 Baths
    • 1,734 Sq Ft

    1760 SE 9th St Unit 1780, Gresham, OR 97080

    Exceptional Income-Producing Duplex in Gresham. A fantastic opportunity to own a well-maintained duplex with dependable rental income already in place! Both units are occupied by tenants, making this a true turnkey investment from the moment you close. Conveniently located near shopping, restaurants, parks, schools, public transportation, and major commuter routes. Whether you’re looking to grow

    Yarina Romanyuk MORE Realty

    1760 SE 9th St Unit 1780, Gresham, OR 97080
  • /37

    $659,000

    $30K PRICE DROP
    • 6 Beds
    • 3 Baths

    3110 NE 7th Ct Unit 3130, Gresham, OR 97030

    Amazingly well-maintained triplex at 3110 NE 7th Ct in Gresham, offers a rare opportunity for both investors and owner-occupants alike. Featuring one vacant unit, this property is ideal for an owner-occupied loan—move in and potentially offset your mortgage with rental income from the other units. Tucked away on a quiet cul-de-sac, the setting provides a peaceful, residential feel while still

    Gene Farr Premiere Property Group LLC

    3110 NE 7th Ct Unit 3130, Gresham, OR 97030
  • /35

    $519,960

    New Construction
    • 4 Beds
    • 3.5 Baths
    • 2,288 Sq Ft

    4690 SE 2nd St, Gresham, OR 97080

    High-quality new construction with flexible living options! The main floor offers a private in-law suite with its own entrance, full bathroom, laundry hookups, and wet bar—ideal for multi-generational living or potential rental income. Upstairs, enjoy a spacious open-concept layout with a modern kitchen featuring quartz countertops, a large island, and stainless steel appliances. The covered deck

    Chase D'ambrosio Real Estate Performance Group

    4690 SE 2nd St, Gresham, OR 97080
  • /15

    $306,000

    $4K PRICE DROP
    • 3 Beds
    • 2.5 Baths
    • 1,109 Sq Ft

    61 SE 171st Ave, Portland, OR 97233

    Imagine 61 SE 171st Ave, a residence arranged for everyday practicality, emphasizing ease of use and comfort. The kitchen is equipped with all stainless steel appliances, complementing the inviting atmosphere created by the central fireplace. Outside, a fenced in backyard provides dedicated exterior space. This property blends functional updates with outdoor living, making it truly exceptional.

    Sharon Parmenter Opendoor Brokerage LLC

    61 SE 171st Ave, Portland, OR 97233
  • /11

    $414,999

    New Construction
    • 3 Beds
    • 2.5 Baths
    • 1,750 Sq Ft

    3688 SW 40th St, Gresham, OR 97080

    What's Special: Popular Plan | North Facing Lot | Loft | Spacious Kitchen. New Construction - September Completion! Built by America's Most Trusted Home Builder. Welcome to the Thimbleberry at 3688 SW 40th Street in Piper Ridge Townhomes! This thoughtfully designed two-story home offers an open and inviting layout that makes everyday living and entertaining feel effortless. The spacious great

    Brian Flatt Cascadian South Corp.

    3688 SW 40th St, Gresham, OR 97080
  • /48

    $1,229,000

    • 3 Beds
    • 2 Baths

    4011 SW Royal Ave, Gresham, OR 97080

    SALE INCLUDES ENTIRE BUILDING WITH THREE TOWNHOMES! Across from a planned future park with a playground, pet area, and open green space, this move-in ready townhome delivers the kind of lifestyle buyers are searching for right now—with even more value on the horizon. Step inside and it just feels right. High ceilings, oversized windows, and a light-filled open layout make the home live larger

    Charles Ramsay Epique Realty

    4011 SW Royal Ave, Gresham, OR 97080
  • /38

    $515,000

    • 4 Beds
    • 2 Baths
    • 1,786 Sq Ft

    933 SE Rene Ave Unit 935, Gresham, OR 97080

    Owner-occupancy opportunity now available. Unit 935 is vacant and freshly renovated with new carpet in the bedrooms, new kitchen countertops and flooring, and fresh paint, ready for immediate occupancy. Two-unit investment property offering income plus upside. Each unit features 2 bedrooms, 1 bath, washer-dryer hookups, a private backyard, and an attached garage. These amenities command strong

    Shannon Dooley Think Real Estate

    933 SE Rene Ave Unit 935, Gresham, OR 97080
  • /5

    $475,000

    $40K PRICE DROP
    • 4 Beds
    • 2 Baths
    • 1,944 Sq Ft

    3545 NE 8th St Unit 3555, Gresham, OR 97030

    Great investment/rental property down the street from MHCC or live in one side and help off sent payment. Long term tenants that would love to stay. Each duplex offers 2 bedrooms, 1 bath, fenced back yard, attached garage, washer/dryer hookups, and conveniently located on a bus line and shopping. Interior access will be provided after an accepted offer.

    Jodi Buresh Powell Team Real Estate

    3545 NE 8th St Unit 3555, Gresham, OR 97030
  • /31

    $419,947

    New Construction Open Sun 11AM - 3PM $40K PRICE DROP
    • 3 Beds
    • 2.5 Baths
    • 1,588 Sq Ft

    2477 NW 1st Dr, Gresham, OR 97030

    What's Special: Most affordable HOA in Gresham | Tile shower in primary | Expanded Island with cooktop. New Construction – Move-In Ready! Built by Vision Custom Homes in Gresham's newest community, Bryn Mawr. Step into this thoughtfully designed 3-bedroom, 2.5-bath townhome where modern finishes and smart functionality come together seamlessly. The open great room anchors the main floor with a

    Thatcher Green Builders Marketing Group

    2477 NW 1st Dr, Gresham, OR 97030
  • /15

    $455,000

    • 4 Beds
    • 2 Baths
    • 1,768 Sq Ft

    850 W Powell Blvd Unit 860, Gresham, OR 97030

    Outstanding Investment Opportunity in Gresham! This updated duplex offers immediate cash flow with both units occupied by long-term tenants. A true turnkey investment, this property combines updates with reliable rental income, making it an excellent addition to any portfolio. Ideally situated near shopping, dining, parks, schools, and public transportation. Whether you’re a seasoned investor or

    Yarina Romanyuk MORE Realty

    850 W Powell Blvd Unit 860, Gresham, OR 97030
  • /12

    $719,800

    New Construction
    • 4 Beds
    • 6 Baths
    • 2,018 Sq Ft

    4063 SW Mckinley St, Gresham, OR 97080

    Directions to Home: From SE 190th Ave, turn onto SE Giese Rd.Continue on SE Giese Rd, then turn onto SW Linneman Dr.Turn onto SW 31st Ave, then left onto SW Dunway Ave.Turn left onto SW McKinley St.Homes will be on the right.This beautifully designed home features a thoughtfully landscaped front yard complete with a sprinkler system for easy maintenance. The primary bedroom offers a private

    Jason Shuler John L. Scott Sandy

    4063 SW Mckinley St, Gresham, OR 97080
  • /34

    $499,960

    New Construction $15K PRICE DROP
    • 4 Beds
    • 3.5 Baths
    • 2,346 Sq Ft

    4636 SE 2nd St, Gresham, OR 97080

    High-quality new construction with flexible living options! The main floor offers a private in-law suite with its own entrance, full bathroom, laundry hookups, and wet bar—ideal for multi-generational living or potential rental income. Upstairs, enjoy a spacious open-concept layout with a modern kitchen featuring quartz countertops, a large island, and stainless steel appliances. The covered deck

    Chase D'ambrosio Real Estate Performance Group

    4636 SE 2nd St, Gresham, OR 97080
  • /48

    $695,000

    • 3 Beds
    • 2.5 Baths
    • 1,892 Sq Ft

    518 SE Roberts Ave, Gresham, OR 97080

    Classic character and additional INCOME POTENTIAL with an ADU, all on one property! Whether you're looking to offset your mortgage with rental income, accommodate multigenerational living, or simply enjoy extra privacy for guests or a home office, this property offers exceptional flexibility and value.This beautifully preserved 1913 home retains its timeless craftsmanship with wood floors,

    Jim Burgum MORE Realty

    518 SE Roberts Ave, Gresham, OR 97080
  • /11

    $2,890,000

    • 3 Beds
    • 2 Baths
    • 13,152 Sq Ft

    19109 SE Yamhill St, Portland, OR 97233

    Eastwood Estates is a 21-unit multifamily investment opportunity in Portland’s established Rockwood submarket. Situated on approximately 1.14 acres, the property features twenty 1-bedroom units and one 2-bedroom unit with ample on-site parking. Currently operating at approximately 81% occupancy, the asset offers immediate value-add potential through lease-up and continued rent growth.

    Kevan Willes Keller Williams Realty Portland Premiere

    19109 SE Yamhill St, Portland, OR 97233
  • /24

    $409,947

    New Construction Open Sun 11AM - 3PM $40K PRICE DROP
    • 2 Beds
    • 2.5 Baths
    • 1,592 Sq Ft

    2469 NW 1st Dr, Gresham, OR 97030

    What's Special: Most affordable HOA in Gresham | Tile Primary Shower | Move-In Ready. New Construction – Move-In Ready! Built by Vision Custom Homes in Gresham's newest community, Bryn Mawr. Step into this flexible 2-bedroom plus office/den, 2.5-bath townhome designed for modern life — whether you work from home, need a dedicated study, or simply want room to spread out. The open great room with

    Thatcher Green Builders Marketing Group

    2469 NW 1st Dr, Gresham, OR 97030
  • /42

    $499,990

    • 4 Beds
    • 4 Baths
    • 1,972 Sq Ft

    21123 SE Morrison St, Gresham, OR 97030

    Turnkey Investment Opportunity – Tenant OccupiedDon’t miss this excellent opportunity to add a well-maintained, income-producing property to your investment portfolio. Located in a convenient Gresham neighborhood, this split-level home is currently tenant occupied with established residents who would like to remain, offering the potential for immediate rental income and a seamless transition for

    Thomas Cardelli Premiere Property Group, LLC

    21123 SE Morrison St, Gresham, OR 97030
  • /16

    $419,947

    New Construction Open Sun 11AM - 3PM
    • 3 Beds
    • 2.5 Baths
    • 1,644 Sq Ft

    2421 NW 1st Dr, Gresham, OR 97030

    What's Special: Most affordable HOA in Gresham | Tile shower in primary | Expanded Island with cooktop. Last duplex unit available and it's move in ready! This beautifully designed 3-bedroom, 2.5-bath home by Vision Custom Homes delivers 1,643 sq ft of open-concept living built for the way you actually live. The main floor welcomes you with a spacious great room anchored by an electric fireplace,

    Thatcher Green Builders Marketing Group

    2421 NW 1st Dr, Gresham, OR 97030
  • /23

    $419,947

    New Construction Open Sun 11AM - 3PM $40K PRICE DROP
    • 3 Beds
    • 2.5 Baths
    • 1,598 Sq Ft

    2437 NW 1st Dr, Gresham, OR 97030

    What's Special: Most affordable HOA in Gresham | Tile shower in primary | Expanded Island with cooktop. New Construction – Move-In Ready! Built by Vision Custom Homes in Gresham's newest community, Bryn Mawr. Step into this flexible 2-bedroom plus office/den, 2.5-bath townhome designed for modern life — whether you work from home, need a dedicated study, or simply want room to spread out. The

    Thatcher Green Builders Marketing Group

    2437 NW 1st Dr, Gresham, OR 97030
  • /7

    $435,000

    $15K PRICE DROP
    • 4 Beds
    • 2 Baths

    970 NW Wonderview Ct Unit 980, Gresham, OR 97030

    Great duplex with excellent rental history. New roof has just been installed and new exterior paint back in 2025. Conveniently located near all major amenities, public transportation, shopping, and restaurants. Long term tenants, in a well maintained property, on a cul-de-sac. Please do not disturb tenants. Write all offers subject to interior inspections.

    Chris Johnson CORE, Realtors

    970 NW Wonderview Ct Unit 980, Gresham, OR 97030
  • /2

    $525,000

    • 4 Beds
    • 2 Baths
    • 1,708 Sq Ft

    880 NW Florence Ave Unit 882, Gresham, OR 97030

    Please do not disturb occupied tenant in 880. Updated one-level duplex nestled in the highly desirable East Hill Neighborhood, conveniently located to Gresham Station Mall, the new Multnomah County Library, and Historic Downtown Gresham. This charming duplex boasts a new roof installed in 2021 and offers many updates over the years of ownership. The large living rooms offer gas fireplaces

    Darren O'Halloran Kohler Meyers O'Halloran Inc.

    880 NW Florence Ave Unit 882, Gresham, OR 97030
  • /14

    $619,900

    $30K PRICE DROP
    • 7 Beds
    • 6 Baths

    18230 SE Pine St, Portland, OR 97233

    Welcome to this well maintained triplex featuring remodeled kitchens. Built in 1996, this spacious multi family property offers an excellent investment opportunity with strong rental appeal in the growing Rockwood corridor. Conveniently situated near the 181st MAX Station, I-84 access, shopping, parks, and everyday amenities, tenants enjoy both accessibility and comfort. This property falls

    Mark Charlesworth Keller Williams PDX Central

    18230 SE Pine St, Portland, OR 97233
  • /8

    $749,900

    • 6 Beds
    • 6 Baths
    • 2,294 Sq Ft

    17314 E Burnside St, Portland, OR 97233

    Each spacious unit offers 3 bedrooms and 2.5 bathrooms, with all bedrooms located upstairs and featuring vaulted ceilings. The primary suite includes a private bathroom for added comfort. On the main level, each unit includes a convenient laundry area located within the half bath. The open-concept living spaces include a gas fireplace that flow seamlessly into the dining area and kitchen,

    TAYLOR CAMPBELL Urban Pacific Real Estate

    17314 E Burnside St, Portland, OR 97233
  • /15

    $600,000

    $25K PRICE DROP
    • 6 Beds
    • 4 Baths
    • 2,692 Sq Ft

    765 775 SE Roberts Ave, Gresham, OR 97080

    Investment opportunity in Gresham! Duplex consisting of a four bedroom unit and a two bedroom unit, bringing in $2900 and $1450, respectively. Make offer subject to interior inspection.

    Benjamin Ficker Rarebird Real Estate

    765 775 SE Roberts Ave, Gresham, OR 97080
  • /25

    $424,995

    New Construction Open Wed 10AM - 5:15PM $15K PRICE DROP
    • 3 Beds
    • 2.5 Baths
    • 1,545 Sq Ft

    3830 SW 35th St, Gresham, OR 97080

    New Construction end-unit Glacier at Terrace at Pleasant Valley! Move in READY! Includes: blinds, fridge, washer, dryer, backyard landscaping/irrigation, fencing, garage door opener and more! Featuring 3 bedrooms plus a tech niche, 2.5 bathrooms, and an attached garage. As you enter the home, there is a powder room and extra storage closet off the entryway, which feeds into an open and airy great

    Heather Quirke D. R. Horton, Inc Portland

    3830 SW 35th St, Gresham, OR 97080
  • /46

    $550,000

    Open Sun 1PM - 3PM
    • 4 Beds
    • 2.5 Baths
    • 2,038 Sq Ft

    17325 SE Sherman St, Portland, OR 97233

    This is what happens when sellers truly invest in a home. Built in 2008 and offering 4 bedrooms, 2.5 baths, and 2,038 sq ft, this property has the established landscaping, thoughtful upgrades, and added features you rarely find in a newer home (Home Energy Score is a 10!!!). Inside, you will find solid hardwood flooring with wood baseboards, updated carpet upstairs and on the stairs, fresh

    Lauren Sheehan eXp Realty, LLC

    17325 SE Sherman St, Portland, OR 97233

Why Live in Gresham

Gresham's cultural scene thrives at the Arts Plaza and Center for the Arts Plaza, which showcase local performances and exhibitions throughout the year. The seasonal Farmers' Market brings fresh produce and artisanal goods, while the serene Tsuru Island Japanese Garden provides a peaceful retreat. Outdoor recreation abounds across 940 acres of parks and natural areas, including the popular Springwater Corridor Trail for cycling and walking. Local dining highlights include The Local Cow, Nicholas Restaurant's Lebanese cuisine, and the Northwest-inspired menu at Black Rabbit Restaurant.

The housing market features diverse options across distinct neighborhoods. Single family homes in Gresham Butte command a median price of $650,000, while Historic Southeast homes have a median price of $452,500. Downtown Gresham presents more affordable options with single family homes at a median of $399,500. Condominiums provide entry-level opportunities, with one-bedroom units at a median of $173,400 and two-bedroom units at $254,000.

Property owners pay a 0.96% effective tax rate in Multnomah County, while Oregon residents face an 8.75% state income tax and 3% local income tax. The city benefits from Oregon's zero sales tax policy. Commuting options include TriMet bus service and the MAX Blue Line light rail, connecting to downtown Portland in approximately 25 minutes. Notable private schools include the A minus rated Franciscan Montessori Earth School and Portland Christian Jr/Sr High School. Located 12 miles east of Portland, Gresham provides convenient access to Mount Hood National Forest, the Columbia River Gorge, and Portland International Airport.

Home Price Trends

Median Sale Price
$475,000
Median Single Family Sale Price
$524,900
Median Townhouse Sale Price
$365,000
Median 2 Bedroom Sale Price
$255,000
Median 1 Bedroom Sale Price
$157,450
Average Price Per Sq Ft
$270
Number of Homes for Sale
270
Last 12 months Home Sales
1,169
Months of Supply
2.80
Median List Price
$489,900
Median Change From 1st List Price
1%
Median Home Sale Price YoY Change
-3%
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