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    234 NE Cleveland Ave Gresham, OR 97030

    New
    For Sale
    $825,000

    MULTI_FAMILY - Gresham, OR

    Property size:
    2,164 SF
    Lot size:
    0.12 Acres
    Days on Market:
    4
    Last Refresh:
    Dec 6 at 8:06 pm

    Property Features for 234 NE Cleveland Ave

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Standard status
    Active
    Zoning
    DRL-2
    Rooms
    Bedroom 3, Bedroom 4, Bathroom 4, Bathroom 1, Bathroom 3, Bedroom 2, Bathroom 2, Bedroom 1
    Bedrooms
    4
    APN
    R338959
    Size
    2,164 SF
    Lot size
    0.12 Acres

    Utilities

    Heating system
    Forced Air

    Building Details

    Year built
    1910
    Floors in Building
    2
    Number of units
    4
    Roof type
    Composition

    EXP REALTY LLC (888) 814-9613 [email protected]

    Listing agent Ji Granza (888) 814-9613

    Listing date Dec 3, 2025

    MLS# 431312389 Listing URL

    Copyright © 2025 Regional Multiple Listing Services. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Remodeled Four-Unit Property in Gresham

    This is a four-unit property located in Gresham, Oregon. The property has been fully remodeled and features new utilities, including electrical, plumbing, and heating systems throughout each unit. A new roof, new water heaters, and windows have also been installed. The property is situated in the heart of Gresham, within walking distance to local amenities and shopping. The property size is 2164 square feet and it sits on a lot of 0.12 acres. The zoning is DRL-2. This property is suitable for investors looking to expand their portfolio or for those taking their first steps into investing by occupying one unit while renting out the remaining three.
    Property Profile Location Intelligence

    Current Use by Public Records

    Quadplexes

    Suggested Use

    Storage Facility Catering Service Seafood Restaurant Bed & Breakfast Adult Day Care Center Men's Store Cosmetics Store Shoe Repair Carpet & Flooring Store Supermarket

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Gresham
    County
    Multnomah
    State
    Oregon
    Longitude
    -122.420755
    Latitude
    45.499474

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    FAQs

    What type of property is this?
    Quadplex - Fully remodeled four-unit property in the heart of Gresham, Oregon.
    Where is this quadplex located?
    The property is located at 234 NE Cleveland Ave Gresham, OR.
    What is the asking price?
    The asking price for this property is $825,000.
    What are key features of this property?
    This property features: - Fully remodeled four-unit property with no deferred maintenance.; - All new utilities: electrical, plumbing, and heating systems in each unit.; - New roof, new water heaters, and windows.
    (888) 814-9613
    Request Owner's contact information
    234 NE Cleveland Ave Gresham, OR 97030
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    Gresham, OR 97030
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    234 NE Cleveland Ave Gresham, OR 97030
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