16

Gresham, OR Multifamily Homes & Duplexes for Sale under $500,000

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  • /28

    $414,900

    $25K PRICE DROP
    • 4 Beds
    • 2 Baths
    • 1,680 Sq Ft

    18427 SE Yamhill St Unit 18429, Portland, OR 97233

    Rare opportunity to own two units for the price of one. This income-producing duplex at 18427–18429 SE Yamhill Street offers a 7.79% cap rate on approximately $36,000 in annual gross income, with two separate 2-bedroom, 1-bath units, each with its own private entrance. Versatile options: hold both as rentals, or occupy one unit and rent the other to offset your housing costs. Well located near

    Agent Photo

    LizBeth Abbott

    Tree City Real Estate

    18427 SE Yamhill St Unit 18429, Portland, OR 97233
  • /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. There is an Attached Garage and fully fenced back yard. This unit is occupied and has a long term tenant. No HOA fees. All showings would be set up after an acceptable contingent offer to minimize the intrusion on the tenants. This private off

    Agent Photo

    Gordon Vavrek

    Premiere Property Group, LLC

    1014 SE 9th 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
  • /24

    $320,000

    • 3 Beds
    • 2 Baths
    • 970 Sq Ft

    879 SW Junction Place, Gresham, OR 97080

    Welcome home to this beautifully maintained 3-bedroom, 2-bath attached home offering comfort, style, and convenience—with NO HOA! Step inside to discover an inviting floor plan with a seamless flow that makes everyday living and entertaining effortless. New roof installed Aug 2026. The spacious living area features a cozy gas fireplace, creating the perfect gathering space for relaxing evenings.

    Lisa Stone Premiere Property Group, LLC

    879 SW Junction Place, Gresham, OR 97080
  • /22

    $399,947

    New Construction $50K 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
  • /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
  • /10

    $419,999

    New Construction
    • 3 Beds
    • 2.5 Baths
    • 1,675 Sq Ft

    3690 SW 40th St, Gresham, OR 97080

    What's Special: End Unit | Covered Patio | Loft | North Facing Patio. New Construction – September Completion! Built by America's Most Trusted Home Builder. Welcome to the Poppy at 3690 SW 40th Street in Piper Ridge Townhomes! Step inside from the inviting porch and into a bright, open layout where the modern kitchen with a central island seamlessly connects to the dining area, great room, and

    Brian Flatt Cascadian South Corp.

    3690 SW 40th St, Gresham, OR 97080
  • /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
  • /31

    $409,947

    New Construction $50K 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
  • /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
  • /24

    $399,947

    New Construction $50K 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

    $409,947

    New Construction $10K PRICE DROP
    • 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

    $409,947

    New Construction $50K 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

Home Price Trends

Median Sale Price
$476,322
Median Single Family Sale Price
$523,995
Median Townhouse Sale Price
$360,000
Median 2 Bedroom Sale Price
$259,500
Median 1 Bedroom Sale Price
$157,450
Average Price Per Sq Ft
$270
Number of Homes for Sale
280
Last 12 months Home Sales
1,180
Months of Supply
2.80
Median List Price
$495,000
Median Change From 1st List Price
1%
Median Home Sale Price YoY Change
-2%
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