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 public transportation, making commuting simple and convenient. Ample off-street parking with space for up to 9 vehicles. A versatile property with strong rental appeal and flexible living options.
Berkshire Hathaway HomeServices NW Real EstateBrokerage Phone: 503-668-8050License #880100065Listed on: 03/18/2026
Property Details
Home Type
Multi-Family
Est. Annual Taxes
$6,582
Year Built
Built in 1977
Lot Details
12,632 Sq Ft Lot
Level Lot
Parking
4 Car Garage
Off-Street Parking
Home Design
Composition Roof
Plywood Siding Panel T1-11
Concrete Perimeter Foundation
Interior Spaces
2,944 Sq Ft Home
Crawl Space
Bedrooms and Bathrooms
7 Bedrooms
4 Bathrooms
Location
Property is near bus stop
Schools
Patrick Lynch Elementary School
Centennial Middle School
Centennial High School
Utilities
No Cooling
Baseboard Heating
Electric Water Heater
Listing and Financial Details
Assessor Parcel Number R116026
Community Details
Overview
3 Units
Building Details
Operating Expense $12,222
Gross Income $57,540
Net Operating Income $45,318
Property Details
Home Type
Multi-Family
Est. Annual Taxes
$6,582
Year Built
Built in 1977
Lot Details
0.29 Acres
Parking
4
Listing Details
Standard Status: Active
MLS Status: Active
Property Type: MultiFamily
Year Built: 1977
Property Condition: Existing
Property Attached Yn: No
Current Price For Status: 699900.0
Open House: No
Special Features: None
Property Sub Type: MultiFamily
Interior Features
Basement: CrawlSpace
Storage: Garage
Total Bedrooms: 7
Lot Size Range: SqFt10000to14999
Exterior Features
Exterior Description: T111Siding
Lot Size: 10,000 to 14,999 SqFt
Foundation Details: ConcretePerimeter
View: No
Lot Features: Level, OnBusline
Road Surface Type: Paved
Disclosures: Disclosure
Roof: Composition
Garage/Parking
Parking Description: Garage, OffStreet
Attached Garage: No
Garage Spaces: 4.0
Total Parking Spaces: 9.0
Utilities
Fuel Description: Electricity
Hot Water: Electricity
Cooling Y N: No
Heating: Baseboard
Heating Yn: Yes
Sewer: PublicSewer
Water Source: PublicWater
Schools
Elementary School: Patrick Lynch
High School: Centennial
Middle Or Junior School: Centennial
Lot Info
Zoning: MR3
Lot Size Acres: 0.29
Lot Size Sq Ft: 12632.0
Parcel #: R116026
Green Features
Green Certification: No
Rental Info
Rent Includes: Sewer, TrashCollection, Water
Tax Info
Tax Year: 2025
Tax Annual Amount: 6581.59
Multi Family
Unit Type: UnitTypeType1, UnitTypeType2, UnitTypeType3
Number Of Units Total: 3
Gross Rent Multiplier: 12.16
Annual Gross Income: 57540.0
Property Net Operating Income: 45318.0
Annual Operating Expense: 12222.0
Map
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Home Values in the Area
Source: Public Records
Average Home Value in this Area
Source: Public Records
Tax History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
Year
Tax Paid
Tax AssessmentTax Assessment
Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property.
Land
Improvement
2025
$6,582
$347,550
2024
$6,304
$337,430
2023
$5,676
$327,610
$0
$0
2022
$5,466
$318,070
$0
$0
2021
$5,486
$308,810
$0
$0
2020
$5,051
$299,820
$0
$0
2019
$4,928
$291,090
$0
$0
2018
$4,727
$282,620
$0
$0
2017
$4,569
$274,390
$0
$0
2016
$4,435
$266,400
$0
$0
2015
$4,316
$258,650
$0
$0
2014
$4,213
$251,120
$0
$0
Source: Public Records
Property History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
Date
Event
Price
List to Sale
Price per Sq Ft
Prior Sale
09/05/202609/05/26
Price Changed
$699,900
-2.8%
$238 / Sq Ft
03/18/202603/18/26
For Sale
$720,000
+101.7%
$245 / Sq Ft
06/09/201606/09/16
Sold
$357,000
-10.6%
$121 / Sq Ft
View Prior Sale
03/25/201603/25/16
Pending
--
--
--
02/18/201602/18/16
For Sale
$399,500
--
$136 / Sq Ft
Source: Regional Multiple Listing Service (RMLS)
Purchase History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
Date
Type
Sale Price
Title Company
Warranty Deed
$357,000
First American
Interfamily Deed Transfer
--
None Available
Interfamily Deed Transfer
--
--
Interfamily Deed Transfer
--
Transnation
Warranty Deed
$215,000
Ticor Title
Source: Public Records
Mortgage History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
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