Two-Story Multifamily Apartment
For Sale
Contact for pricing
2628 NE Red Sunset Dr, Gresham, OR 97030
Three two-story apartment buildings totaling twenty units offer 2- and 3-bedroom layouts with updated double-pane windows.
Property SizeContact for details
Days on Market123
Property Features for 2628 NE Red Sunset Dr
General Information
Standard status
Active
Property subtype
Multifamily
Additional Details
Multifamily Units
20
Amenities
ample green space
access to public transportation
retail
services
Building Details
Stories
2
Listing Agency:
Norris & Stevens
(503) 225-8456
Listed By:
Cameron Mercer · License #OR 201010073
Source:
Crexi
Added: Apr 12
Changed: Aug 8
Last Checked: Jul 22 at 1:23PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Norris & Stevens
Investment Insights
Based on property information with market context.
Park Place Apartments is a well-maintained multifamily asset comprised of three two-story buildings with a total of twenty units. The unit mix includes 2 bed/1 bath and 3 bed/2 bath configurations, with approximate sizes of 940 square feet for two-bedroom units and 1,040 square feet for three-bedroom units. The property features updated double pane vinyl windows and provides residents access to ample green space.
The asset is located in the north central Gresham submarket and offers residents access to public transportation as well as nearby retail and services. Park Place Apartments is positioned within a Gresham/Troutdale apartment market context described as having continued upward pressure on rent growth and minimal new market-rate construction deliveries in the pipeline.
As a residential income property with a predominantly suburban unit mix, Park Place Apartments presents a straightforward, operationally consistent multifamily setup across its three separate buildings.
The asset is located in the north central Gresham submarket and offers residents access to public transportation as well as nearby retail and services. Park Place Apartments is positioned within a Gresham/Troutdale apartment market context described as having continued upward pressure on rent growth and minimal new market-rate construction deliveries in the pipeline.
As a residential income property with a predominantly suburban unit mix, Park Place Apartments presents a straightforward, operationally consistent multifamily setup across its three separate buildings.
Key Highlights
- Multifamily property with 20 total units in three two‑story buildings
- Unit mix includes 2 bed/1 bath and 3 bed/2 bath layouts
- Approximately 940 SF for 2‑bedroom units and approximately 1,040 SF for 3‑bedroom units
Property Analytics
Property Profile
Current Use
Lease Details
20
Residential units
Location Intelligence
Trade Area within ½ mile
818
Businesses Nearby
Explore this area
Business Placement
Demographics for 97030, OR
39,492
Population
16,500
Households
2.4
Avg Household Size
37
Median Age
21%
College-Educated
88%
High-School Grad
7.5 sq mi
ZIP Area
5,266
Density / Sq Mi
$61,793
Median Household Income
$40,352
Median Earnings
$1,604
Median Rent
$418,100
Median Home Value
Market
Vacancy Rate% for Multifamily in West region
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Frequently Asked Questions
What type of property is this?
Apartment building - Three two-story apartment buildings totaling twenty units offer 2- and 3-bedroom layouts with updated double-pane windows.
Where is this apartment building located?
The property is located at 2628 NE Red Sunset Dr Gresham, OR.
What are key features of this property?
This property features: Multifamily property with 20 total units in three two‑story buildings; Unit mix includes 2 bed/1 bath and 3 bed/2 bath layouts; Approximately 940 SF for 2‑bedroom units and approximately 1,040 SF for 3‑bedroom units
