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    645 W Powell Blvd Gresham, OR 97030

    For Sale
    $625,000

    MULTI_FAMILY - Gresham, OR

    Property size:
    3,625 SF
    Lot size:
    0.28 Acres
    Days on Market:
    27
    Last Refresh:
    Dec 6 at 1:06 am

    Property Features for 645 W Powell Blvd

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Standard status
    Active
    Zoning
    LDR-5
    Rooms
    Bathroom 3, Bedroom 3, Bathroom 1, Bathroom 2, Bedroom 2, Bedroom 1, Bedroom 4, Bedroom 5
    Bedrooms
    5
    APN
    R192509
    Size
    3,625 SF
    Lot size
    0.28 Acres

    Utilities

    Heating system
    Forced Air

    Building Details

    Year built
    1954
    Floors in Building
    2
    Number of units
    3
    Roof type
    Composition

    Premiere Property Group, LLC (503) 670-9000 [email protected]

    Listing agent Pamela Wiese (503) 670-9000

    Listing date Nov 10, 2025

    MLS# 335936186 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

    Gresham Triplex Investment Opportunity

    This is an investment opportunity to acquire a well-cared for triplex located in Gresham, Oregon. The property features hardwood floors, with quality vinyl in the bathrooms and kitchens. Two of the units have been recently painted, and two bathrooms have been recently remodeled. The building includes plenty of built-in cabinets. A large, unfinished basement provides common storage and laundry hookups for each of the units. The property has a fenced backyard with a storage shed for landscaping equipment. Each unit is allocated two parking spaces, including one covered space. The property is located on the bus line and within 10 blocks of the TriMet Max line, shopping, dining, parks, and walking paths. The lot size is 0.28 acres. The property size is 3625 square feet. The zoning is LDR-5.
    Location Intelligence

    Current Use by Public Records

    Triplexes

    Suggested Use

    Wine and Liquor Store Car Rental Hotel & Motel Catering Service Supermarket Pharmacy Veterinary Clinic Tech Support Center Chinese Restaurant Fish Market

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

    Location Insight

    • Map
    • Local Demand
    City
    Gresham
    County
    Multnomah
    State
    Oregon
    Longitude
    -122.438977
    Latitude
    45.497422

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    FAQs

    What type of property is this?
    Triplex - Charming triplex in Gresham with wonderful tenants and great location.
    Where is this triplex located?
    The property is located at 645 W Powell Blvd Gresham, OR.
    What is the asking price?
    The asking price for this property is $625,000.
    What are key features of this property?
    This property features: - Investment opportunity: Well-cared for triplex.; - Great Gresham location: On busline, near TriMet Max, shopping, dining, parks, and walking paths.; - 2 parking spaces per unit (1 covered).
    (503) 670-9000
    Request Owner's contact information
    645 W Powell Blvd 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
    645 W Powell Blvd Gresham, OR 97030
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