18635 SE Division ST

Gresham, OR 97030

$720,000

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… Read MoreRead Less

Listing courtesy of Berkshire Hathaway HomeServices NW Real Estate.

Listing Snapshot

Days Online

134

Last Updated

Jul 31, 2026

Square Ft.

2,944

Lot Size

0.29 Acres

Year Built

1977

MLS Number

416929709

30 Days Snapshot Of 97030

$400k

-7%

(avg) sold price

-15%

homes sold

-18%

(avg) days on market

Snapshot

Area Map

Additional Details

Property Access

Road Surface Type: Paved

Basement

Basement: CrawlSpace

Building

Building Area Total: 2944, Built in 1977, Storage: Garage, Unit Type Type: UnitTypeType1, UnitTypeType2, UnitTypeType3

Disclosures

Disclosures: Disclosure

Expenses

Operating Expense: $12,222

Exterior Features

Exterior Description: T111Siding

Foundation

Foundation Details: ConcretePerimeter

Garage

Garage Spaces: 4

Heating

Heating: Baseboard

Income

CAP Rate: 6.29, Gross Income: $57,540, Gross Rent Multiplier: 12.51, Net Operating Income: $45,318

Lot

Features: Level, OnBusline, Size Acres: 0.29, Size Range: SqFt10000to14999, Size Square Feet: 12,632, Size: 10,000 to 14,999 SqFt

Miscellaneous

Investor Information: Leases

Parking

Features: Garage, OffStreet, 9 total parking spots

Property

Number Of Units Total: 3, Property Condition: Existing, Zoning: MR3

Roof

Roof: Composition

Sewer

Sewer: PublicSewer

Taxes

Annual Amount: $6,582, Legal Description, Tax Year: 2025

Unit One

Actual Rent: $1,800, Area: 1444, Units Total: 1, 2 total bathrooms, 3 total bedroom

Unit Two

Actual Rent: $1,500, Area: 750, Units Total: 1, 1 total bathroom, 2 total bedroom

Unit Three

Actual Rent: $1,495, Area: 750, Units Total: 1, 1 total bathroom, 2 total bedroom

Utilities

Fuel Description: Electricity, Hot Water Description: Electricity, Water Source: PublicWater

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The content relating to real estate for sale on this web site comes in part from the IDX program of the RMLS of Portland, Oregon. Real estate listings held by brokerage firms other than eXp Realty, LLC are marked with the RMLS logo, and detailed information about these properties includes the names of the listing brokers. Listing content is copyright © 2026 RMLS, Portland, Oregon.

All information provided is deemed reliable but is not guaranteed and should be independently verified.

This content last updated on Jul 31, 2026. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.
This content last updated on Jul 31, 2026. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.

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18635 SE Division ST

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