Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
Property Lookup
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    Property profile & analytics

    20300 Morrison Ter Gresham, OR 97030-2233

    • Apartment buildings
    • 208,905 SF
    • 10.17 lot acres
    OFF-MARKET
    Value Estimation
    Last Sale
    Feb 24, 2025
    $49,500,000
    Location Intelligence
    Property ID
    US71-0727927
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Apartment buildings

    Property Details for 20300 Morrison Ter

    Year built
    2004
    Lot size
    10.17 lot acres
    Property size
    208,905 SF
    Zone code
    CMF
    Property type
    Apartment buildings
    APN
    1S3E04BB 08802
    APU
    1S3E04BB08802

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Gresham
    County
    Multnomah
    State
    Oregon
    Longitude
    -122.454
    Latitude
    45.5164
    CBSA code
    38900
    CBSA name
    PORTLAND-VANCOUVER-BEAVERTON, OR-WA METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $342,386
    $0.00
    $0.00
    $18,185,240
    -
    $3,100,780
    $47,895,600
    $50,996,380

    Comparable in this City

    • Value Estimation by Request
      35,475 SF

      22766 Stark St

      APARTMENT HOUSE (5+ UNITS) • 35,475 SF
      22766 Stark St, Gresham, OR 97030-2653
      View Details
    • Value Estimation by Request
      93,100 SF

      4725 Powell Blvd

      APARTMENT HOUSE (5+ UNITS) • 93,100 SF
      4725 Powell Blvd, Gresham, OR 97030-5092
      View Details
    • Value Estimation by Request
      75,060 SF

      301 Eastman Pkwy

      APARTMENT HOUSE (5+ UNITS) • 75,060 SF
      301 Eastman Pkwy, Gresham, OR 97030-7214
      View Details
    • Value Estimation by Request
      4,200 SF

      890 Wi Nw Division St

      APARTMENT HOUSE (5+ UNITS) • 4,200 SF
      890 Wi Nw Division St, Gresham, OR 97030
      View Details
    • Value Estimation by Request
      10,340 SF

      375 Elliott Ave

      APARTMENT HOUSE (5+ UNITS) • 10,340 SF
      375 Elliott Ave, Gresham, OR 97030-7465
      View Details
    • Value Estimation by Request
      5,856 SF

      21724 Alder Dr

      APARTMENT HOUSE (5+ UNITS) • 5,856 SF
      21724 Alder Dr, Gresham, OR 97030-2449
      View Details

    Similar Nearby for Sale

    • $980,000
      5,304 SF

      Gresham 6-Plex Investment Opportunity

      Six-unit apartment building in Gresham, Oregon, with income growth potential.
      54 NW 13 St, Gresham, OR 97030
      View Details
    • New
      $625,000
      3,200 SF

      Updated Home with Income Potential

      4-bedroom, 2-bath home with income potential in Gresham, OR.
      994 NW Wallula Ave, Gresham, OR 97030
      View Details
    • New
      $825,000
      2,164 SF

      Remodeled Four-Unit Property in Gresham

      Fully remodeled four-unit property in the heart of Gresham, Oregon.
      234 NE Cleveland Ave, Gresham, OR 97030
      View Details
    • $625,000
      3,625 SF

      Gresham Triplex Investment Opportunity

      Charming triplex in Gresham with wonderful tenants and great location.
      645 W Powell Blvd, Gresham, OR 97030
      View Details
    • $1,399,000
      5,637 SF

      Gresham Fenced Property For Sale

      Fenced property in Gresham's City Central with ample parking.
      143 NE Elliott, Gresham, OR 97030
      View Details
    • $1,399,000
      5,637 SF

      Gresham Commercial Fenced Property

      Remodeled commercial property with ample parking in Gresham, Oregon.
      143 NE Elliott Ave, Gresham, OR 97030
      View Details

    Similar Nearby for Lease

    • Contact for pricing

      Gresham Office Space For Rent

      Class C office building in park-like setting, convenient location.
      1217 NE Burnside Rd, Gresham, OR 97030
      View Details
    • Contact for pricing

      Gresham Flex Space For Rent

      Flex space in Clear Creek Business Park available for lease.
      21910 NE Glisan St, Gresham, OR 97030
      View Details
    • Contact for pricing
      5,962 SF

      Gresham Office Space For Lease

      Prime Gresham location, flexible office suites.
      1455 Division St, Gresham, OR 97030
      View Details
    • Contact for pricing

      Gresham Commercial Land Pad

      ±4,000 SF Buildable Lot in Gresham, OR
      0 223 Ave, Gresham, OR 97030
      View Details
    • Contact for pricing

      Gresham Retail and Office Space

      Retail and office spaces in Gresham's high-tech corridor.
      21910-21968 NE Glisan St, Gresham, OR 97030
      View Details
    • Contact for pricing
      46,417 SF

      Division St

      Restaurants • 46,417 SF
      0 Division St, Gresham, OR 97030
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    20300 Morrison Ter
    Gresham, OR 97030-2233
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    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
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.