994 NW WALLULA AVE
Gresham, OR, 97030 $ 625,000
Bedrooms4 Baths2.0 Sq 3,200 Monthly Estimate*
$ 3,899
for $625,000 with 4 bedrooms and 2 full baths. This 3,200 square foot home was built in 1947.
Beautifully Updated 4-Bedroom Home with Income Potential in Gresham! Welcome to this exceptional 4-bedroom, 2-bath home offering flexibility, charm, and a unique opportunity for additional income or multigenerational living. The fully private lower-level unit features its own entrance, full kitchen, laundry, and living space — perfect for guests, extended family, or rental income. Upstairs, the bright open-concept main floor is designed for modern living, showcasing an updated kitchen with granite countertops, bar seating, and ample cabinetry. Spacious living and dining areas flow seamlessly for easy entertaining and everyday comfort. Garden lovers will adore the 24’ x 14’ greenhouse, complete with natural gas heat, utility sink, and commercial fans — ideal for year-round gardening, hobby growing, or small-scale production. Step outside to your private backyard oasis, featuring a relaxing hot tub, tranquil water feature with koi pond, and a fully fenced yard that’s perfect for outdoor enjoyment. Located close to top-rated schools, Bella Vista Park, Gresham Station shopping, and with easy access to freeways and public transit, this home offers the perfect balance of convenience, versatility, and serenity. Don’t miss this rare opportunity — schedule your private tour today!
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FeaturesGeneralSewer PublicSewer
Heating ForcedAir GasStove Other
Cooling CentralAir
Roof Composition
Zoning TR
Garage Spaces 2.0
Security Features None
Year Built 1947
Stories Count 2
Parcel Number R129523
Gross Income 0
County Multnomah
Net Operating Income 0
Operating Expense 0
Property Type MultiFamily
HOA N
Rent Includes Sewer TrashCollection Water
Status Active
Directions NW Division St
High School Gresham
City Gresham
Number Of Units Total 2
MLS Area _144
Listing Terms Cash Conventional FHA VALoan
Elementary School East Gresham
Tax Annual Amount 5260.75
Middle/Junior High School Dexter McCarty
Property Condition UpdatedRemodeled
Standard Status Active
Accessory Dwelling Unit Y/N N
Legal Description CASCADE VIEW AC N 10' OF W 100' OF LOT 4 EXC PT IN ST-W 100' LO
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InteriorBasement FullBasement SeparateLivingQuartersApartmentAuxLivingUnit
Storage Attached
Hot Water Electricity
Unit 1 Baths Total 1
Unit 1 Beds Total 2
Unit 2 Baths Total 1
Unit 2 Beds Total 2
Unit Type UnitTypeType1 UnitTypeType2
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ExteriorParking Features Attached Garage
Lot Features CornerLot
Water Source PublicWater
Total Parking 2.0
Exterior Description Cedar
Foundation Details ConcretePerimeter
Building Area Total 3200.0
Road Surface Type Concrete
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* Excluded FeaturesAffordability Calculator
- Monthly Principal & Interest
- $3,899
- Monthly Property Taxes
- $438
- Monthly Home Insurance
- --
Default based on a 30-year fixed rate of 6.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
Learn more about how to save NearbyMulti-family listings in Gresham, OR
Average List Price $610,290
Percent of Sale Price 2%
About Gresham, OR 113,713 Population
26% Since 2002
$ 51,832 Median Income
36.26 Median Age
32% Households with Children
Trends Information provided by ATTOM Data Solutions.
1948926 Elementary School
1948971 Middle School
Gresham High School High School
Pricing History| Date | Price | Price Change | Description |
|---|
| 10/29/2025 | $625,000 | | Listed Price |