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18635 SE Division St, Gresham, OR 97030

  • $720,000

  • —

    bed

  • —

    bath

  • 2,944

    Sqft ($245/Sqft)

Multi-family for sale 90 days
Movoto is helping 15 homebuyers near you

About 18635 SE Division St

Property type Multi-family
Neighborhood
Year built 1977
HOA fee $0/month
Lot size 0.29 Acre
Parking 4 garage spaces
Rental estimate
Property description
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.
Listed by
Listing Agent - Tim Sellers
Listing Agent Contact: 503-668-8050
Listing Office - Berkshire Hathaway HomeServices NW Real Estate
Source: RMLS mls logo
MLS#416929709 • last updated 2 months ago
Movoto checked RMLS for data 9 minutes ago
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Overview
Heating Baseboard
MLS # 416929709
Type Multi Family
Status Active
Lot Size (SqFt) 12632
Lot Size (Acres) 0.29
Property Tax 6581.59
Year Built 1977
Exterior
Roof Composition
# Parking Spaces 9
# Garage Spaces 4
Exterior Features T-111 Siding
Lot Desc Level, OnBusline
Amenities / Utilities
Hot Water Electricity
Sewer/ Septic Public Sewer
Water Source Public Water
Location
County Multnomah
Area 144 - Gresham, Sandy, Troutdale, Corbett
Elementary School Patrick Lynch
Middle School Centennial
High School Centennial
Zoning MR3
Directions On The North Side Of Division. The Driveway Is Shared By Two Triplexes.
APN R116026
Multifamily Details
Unit Type 3: Total Baths 1
Unit Type 1: # Bedrooms 3
Unit Type 1 : Total Baths 2
Unit Type 2: # Bedrooms 2
Unit Type 3: # Bedrooms 2
Unit Type 2: Total Baths 1
Unit Type 1: Rent 1800
Unit Type 3: Rent 1495
Unit Type 2: Rent 1500
Total # of Units 3
Gross Rent Multiplier 12.51
Net Operating Income 45318
Operating Expense 12222
Gross Income 57540
Cap Rate 6.29
Lot/ Land Details
Road Surface Paved
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3/10
Centennial Middle School
public Grades 6-8
Centennial School District 28j
3/10
Centennial High School
public Grades 9-12
Centennial School District 28j
Source: GreatSchools.org © 2026. All rights reserved.

Around Gresham-Centennial

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Walk
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Family
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Dining
95/100
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  • Real Estate
  • OR
  • Multnomah County
  • Gresham
  • 97030
  • Gresham-Centennial
  • 18635 SE Division St

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