25

Gresham, OR Multifamily Homes & Duplexes for Sale

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  • /5

    $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
  • /28

    $439,900

    • 4 Beds
    • 2 Baths
    • 1,680 Sq Ft

    18427 SE Yamhill St Unit 18429, Portland, OR 97233

    Excellent duplex opportunity in SE Portland! This well-located property offers strong rental potential with two separate units, making it ideal for investors, owner-occupants, or multigenerational living. Conveniently situated near public transportation, shopping, schools, parks, and major commuter routes. Each unit provides functional living space with private entries and practical layouts

    Agent Photo

    LizBeth Abbott

    Tree City Real Estate

    18427 SE Yamhill St Unit 18429, Portland, OR 97233
  • /22

    $409,947

    New Construction $40K PRICE DROP
    • 2 Beds
    • 2.5 Baths
    • 1,593 Sq Ft

    2455 NW 1st Dr, Gresham, OR 97030

    What's Special: New Construction | Office/Den | Move-In ReadyNew 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 electric fireplace flows

    Thatcher Green Builders Marketing Group

    2455 NW 1st Dr, Gresham, OR 97030
  • /14

    $619,900

    $30K PRICE DROP
    • 7 Beds
    • 6 Baths

    18220 SE Pine St, Portland, OR 97233

    Investment opportunity in the heart of Rockwood! This well maintained triplex offers strong rental potential with a highly desirable layout featuring separate garages for each unit and updated kitchens. Built in 1996, the property includes over 3,100 square feet with spacious units designed for long term tenant appeal. Conveniently located with a Gresham mailing address, this property is outside

    Mark Charlesworth Keller Williams PDX Central

    18220 SE Pine St, Portland, OR 97233
  • /48

    $815,000

    • 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
  • /41

    $675,000

    $50K PRICE DROP
    • 5 Beds
    • 2 Baths
    • 2,408 Sq Ft

    570 NW Birdsdale Ave, Gresham, OR 97030

    Welcome to this fully Updated Midcentury Ranch Style Home! Located in the desired Northwest Neighborhood. Great open layout featuring 5 Bedrooms, Two full Bathrooms and a large Family Room. Updates include: New Roof, Exterior / Interior Paint, Windows, New Kitchen & Bathrooms, Appliances, Flooring, Fixtures, and more! Sizable 11,326 sqft (.26 acre) lot with beautiful new landscaping. Space for a

    Alex Shevchuk Modern Realty

    570 NW Birdsdale Ave, Gresham, OR 97030
  • /13

    $829,000

    $16K PRICE DROP
    • 8 Beds
    • 4 Baths
    • 3,452 Sq Ft

    110 SE Vista Ave, Gresham, OR 97080

    Great opportunity to own a solid fourplex in a convenient Gresham location. The property consists of four spacious 2 bedroom, 1 bath units that have been well maintained.Each unit offers a comfortable layout with private backyards, appliances including refrigerator, dishwasher, range, washer/dryer, in-wall air conditioning and easy access to parking. Tenants take care of their own utilities,

    John Faris Faris Realty

    110 SE Vista Ave, Gresham, OR 97080
  • /37

    $674,000

    $15K PRICE DROP
    • 6 Beds
    • 3 Baths

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

    This 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 being

    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
  • /25

    $589,000

    $31K PRICE DROP
    • 7 Beds
    • 3 Baths

    202 NE 162nd Ave, Portland, OR 97230

    Spacious duplex, ideal for owner-occupants looking to live in one unit and rent the other, or for savvy investors seeking a strong income producing property. Two well-maintained units: one featuring 5 bedrooms and 2 full bathrooms which was rented for $3100/month before, and the other 2 bedrooms and 1 bathroom. Enjoy off-street parking, double car garage, huge storage shop and access to a shared

    Wally Tesfa Acquire Properties

    202 NE 162nd Ave, Portland, OR 97230
  • /29

    $515,000

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

    933 SE Rene Ave Unit 935, Gresham, OR 97080

    Owner occupancy possible, one unit will be vacant 7/1. Two-unit investment property offering immediate rental income and below-market rent upside. Each unit features 2 bedrooms, 1 bath, washer-dryer hookups, private backyard, and attached garage - amenities that command strong tenant retention in this high-demand Gresham rental corridor. Both units occupied; current combined rent $3,025/month

    Shannon Dooley Think Real Estate

    933 SE Rene Ave Unit 935, Gresham, OR 97080
  • /31

    $419,947

    New Construction $40K PRICE DROP
    • 3 Beds
    • 2.5 Baths
    • 1,588 Sq Ft

    2477 NW 1st Dr, Gresham, OR 97030

    What's Special: New Construction | Move-In Ready | Fully Fenced | Backyard SpaceNew 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 cozy electric fireplace

    Thatcher Green Builders Marketing Group

    2477 NW 1st Dr, Gresham, OR 97030
  • /25

    $439,995

    New Construction Open Wed 12:30PM - 4:30PM
    • 3 Beds
    • 2.5 Baths
    • 1,545 Sq Ft

    3842 SW 35th St, Gresham, OR 97080

    New Construction end-unit townhome at Terrace at Pleasant Valley! Move in READY! Includes: blinds, fridge, washer, dryer, backyard landscaping/irrigation, fencing, garage door opener and more! This townhome measures at 1,545 square feet, and features 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

    Heather Quirke D. R. Horton, Inc Portland

    3842 SW 35th St, Gresham, OR 97080
  • /34

    $514,960

    New Construction
    • 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
  • /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 $40K PRICE DROP
    • 2 Beds
    • 2.5 Baths
    • 1,592 Sq Ft

    2469 NW 1st Dr, Gresham, OR 97030

    What's Special: New Construction | Office/Den | Move-In ReadyNew 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 electric fireplace flows

    Thatcher Green Builders Marketing Group

    2469 NW 1st Dr, Gresham, OR 97030
  • /16

    $419,947

    New Construction
    • 3 Beds
    • 2.5 Baths
    • 1,644 Sq Ft

    2421 NW 1st Dr, Gresham, OR 97030

    Summer sales event happening now — don't miss your opportunity to own a brand-new home in NW Gresham's sought-after Bryn Mawr community! 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

    Thatcher Green Builders Marketing Group

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

    $419,947

    New Construction $40K PRICE DROP
    • 3 Beds
    • 2.5 Baths
    • 1,598 Sq Ft

    2437 NW 1st Dr, Gresham, OR 97030

    What's Special: New Construction | Office/Den | Move-In ReadyNew 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 electric fireplace flows

    Thatcher Green Builders Marketing Group

    2437 NW 1st Dr, Gresham, OR 97030
  • /2

    $450,000

    • 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
  • /13

    $449,999

    New Construction
    • 3 Beds
    • 3 Baths
    • 1,976 Sq Ft

    3695 SW Knapp Dr, Gresham, OR 97080

    What's Special: Close to Park | South Facing Lot | Loft | 3 Full Baths. New Construction – Ready Now! Built by America's Most Trusted Home Builder. Welcome to the Dahlia at 3695 SW Knapp Drive in Piper Ridge Townhomes! Step into a welcoming foyer that opens into a bright great room, flowing effortlessly into the dining area and kitchen for easy everyday living and entertaining. The kitchen

    Keith Diffenderffer Cascadian South Corp.

    3695 SW Knapp Dr, Gresham, OR 97080
  • /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
  • /27

    $498,900

    Coming Soon
    • 4 Beds
    • 2 Baths
    • 1,548 Sq Ft

    2960 SE 5th St, Gresham, OR 97080

    WELCOME HOME TO THIS BEAUTIFULLY MAINTAINED 4-BEDROOM, 2-BATHROOM RESIDENCE OFFERING 1,548 SQUARE FEET OF COMFORTABLE LIVING SPACE IN A QUIET CUL-DE-SAC.THOUGHTFULLY DESIGNED WITH AN OPEN FLOOR PLAN, THIS HOME PROVIDES AN INVITING LAYOUT THAT'S PERFECT FOR BOTH EVERYDAY LIVING AND ENTERTAINING.UPSTAIRS FEATURES STUNNING ACACIA HARDWOOD FLOORS THAT ADD WARMTH AND ELEGANCE THROUGHOUT THE MAIN

    Jason Dougherty Coldwell Banker Bain

    2960 SE 5th St, Gresham, OR 97080
  • /25

    $434,995

    New Construction Open Wed 12:45PM - 4:45PM $5K 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

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
$470,000
Median Single Family Sale Price
$524,900
Median Townhouse Sale Price
$368,925
Median 2 Bedroom Sale Price
$250,000
Median 1 Bedroom Sale Price
$202,000
Average Price Per Sq Ft
$270
Number of Homes for Sale
246
Last 12 months Home Sales
1,149
Months of Supply
2.60
Median List Price
$485,000
Median Change From 1st List Price
1%
Median Home Sale Price YoY Change
-6%
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