Damonian Pike

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Listing provided courtesy of Oregon First- MLS# 643214598MLS Provider

18400 SE DIVISION STGresham, OR 97030

Commercial · 5,000 Sq. ft. | 1.38 Acres
$1,750,000 Active

18400 SE DIVISION ST Overview

Time on Site:
46 days
Visits:
4

WOW! Bundled commercial/residential seeking investors! Three tax lots included R338556, R338605, R338543 w/ total of 1.38 acres in prime SE Corridor. Potential developmental possibilities. Currently three commercial buildings plus one mix used residential house, and an empty parking lot. Strip mall possibilities or multi-residential units?? Please make offers contingent on Interior Inspections.

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18400 SE DIVISION ST Facts & Features

  • Type Commercial
  • Sq. ft. 5,000
  • Price/Sq.ft. $350
  • Lot 1.38 Acres

Details

General

Income/Expenses

  • Existing Lease Type: Month To Month,NNN
  • Gross Income: 1.0
  • Operating Expense: 1.0

Building Information

  • Year Built: 1960

Business Information

  • Current Use: Other,Retail,Salon

Location/Region

  • Country: US
  • County Or Parish: Multnomah
  • MLS Area Major: 144 - Gresham, Sandy, Troutdale, Corbett

Tax Information

  • Tax Annual Amount: 1111.22
  • Tax Year: 2025

General Information

  • Inclusions: Building,Land,Sign
  • Listing Terms: Call Listing Agent,Cash,Conventional,Other,Trade
  • Parcel Number: R338543
  • Property Condition: Existing
  • Property Sub Type: Commercial
  • Property Type: Commercial Sale
  • Zoning: Comm

Interior

Building Interior

  • Building Area Total: 5000.0

General Information

  • Cooling: Central Air,Window Unit(s)
  • Heating: Baseboard,Forced Air,Other
  • Other Equipment: Fixtures,Smoke Detector
  • Stories: 1

Exterior

Parking Information

  • Parking Features: On Site,Paved
  • Parking Total: 12.0

Lot Information

  • Lot Size Acres: 1.38
  • Lot Size Square Feet: 60112.0
  • Number Of Buildings: 4
  • Road Surface Type: Paved
  • Water Source: Public Water

Building Exterior/Construction

  • Construction Materials: Frame,Other,Wood Frame
  • Roof: Composition,Flat,Other

General Information

  • Sewer: Public Sewer

18400 SE DIVISION ST Neighborhood

Community

97030 (GRESHAM) Demographics

36
Median Age
5,108
Population Density (per sq. mile)
34%
College Educated
$53,700
Estimated Median Income
6,328
Estimated Total Home Owners
8,650
Estimated Total Renters
42% / 58%
Estimated Owner / Renter Divide
3
Estimated Average Household Size
Community data courtesy of LiveBy, Inc.

Schools

School data courtesy of LiveBy, Inc. School ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating.
* All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

18400 SE DIVISION ST Market Data

Based on the last 30 days in this zip code

$397,409
Average List Price
$258
Average Price per Square Foot
23
Properties Sold
77
Average Days on Market
119
Properties for Sale
Calculations provided by Reliance Network

18400 SE DIVISION ST History

Date Event Value Agent
5/15/2026Source: Regional MLS Added to Database
May 15, 2026