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Multnomah County · Gresham

Sell Your Commercial Property In Gresham, OR

From Rockwood to Centennial, we buy Gresham multifamily and commercial apartment properties of 5+ units in every condition. Owners and agents get a straight answer on fit, usually within two business days.

  • Clear feedback on your deal, typically within 48 hours
  • 5 to 100+ units, stabilized or distressed, listed or off-market
  • Owners, agents, and brokers welcome — every conversation is confidential

We buy:Tired landlordsEstate & trust sales1031 exchangesDeferred maintenanceHigh vacancyPartnership splits

Gresham Submarkets: Rockwood · Downtown Gresham · Centennial · Troutdale — Multnomah County, OR

Why Gresham

Why We Buy Multifamily In Gresham

Gresham, OR sits at the east end of TriMet's MAX Blue Line and is home to 112,378 residents in ACS 2020-2024. Renters occupy 44.2% of Gresham's occupied homes, and median gross rent is $1,586 a month.

Owners ready to sell commercial property in Gresham, OR face two numbers: Oregon's 10% rent cap for 2027 and a $20.3496 per $1,000 tax rate in levy code area 026. We buy 5+ unit buildings and help owners sell multifamily property in Gresham off-market.

01

Legacy Mount Hood Medical Center

Legacy Mount Hood Medical Center, at 24800 SE Stark Street in Gresham, provides 24/7 emergency care.
02

Mt. Hood Community College

Mt. Hood Community College, based at 26000 SE Stark Street in Gresham, averages 18,485 students a year.
03

MAX Blue Line

TriMet's MAX Blue Line links Gresham with downtown Portland, running every 15 minutes or less most of the day.

Our Buy Box

What We Buy In Gresham

Full Buy Box

Asset Type

Multifamily, 5+ Units

Apartment buildings and income-producing residential.

Size

5 – 100+ Units

Sweet spot: 15–25 units.

Condition

Stabilized To Distressed

Value-add, mismanaged, and high-vacancy properties welcome.

Deal Types

Listed Or Off-Market

Direct-to-owner, pocket listings, portfolios.

Local Market Data

Gresham Apartment Market

Figures gathered October 2026 from public market data.

44.2% Renter-occupied homes 18,492 Gresham households, ACS 2020-2024
$1,586 Median gross rent Gresham, per month, ACS 2020-2024
28.3% Homes in 5+ unit buildings 12,450 Gresham units, ACS 2020-2024
5.0% Rental vacancy rate Gresham, ACS 2020-2024 housing profile
$1,878 2-bedroom Fair Market Rent Portland-Vancouver-Hillsboro MSA, HUD FY2027
$20.3496 Consolidated tax rate Per $1,000 assessed value, levy code area 026, 2025-26

Who rents in Gresham, OR

Renters occupy 44.2% of Gresham's 41,801 occupied homes, per the ACS 2020-2024 tenure table. The Oregon renter share is 36.7%.

Gresham has 12,450 homes in buildings of five or more units, 28.3% of its stock, per the units-in-structure table. Homes built before 1980 make up 48.1%, per the year-built table.

Gresham rents and HUD fair market rents

Median gross rent in Gresham was $1,586 a month in the ACS 2020-2024 rent table. That sits $60 below the Multnomah County median of $1,646. Renters paying 30% or more of income on rent total 56.3%, per the rent-burden table.

Unit sizeHUD FY2027 FMR, Portland-Vancouver-Hillsboro, OR-WA MSA (monthly)
Studio$1,527
One bedroom$1,633
Two bedroom$1,878
Three bedroom$2,550
Four bedroom$3,069

Property taxes in Multnomah County, with a $2M example

Gresham levy code area 026 carried a consolidated rate of $20.3496 per $1,000 of assessed value in 2025-26, per Multnomah County's levy code rate table. On $2,000,000 of assessed value, that equals $40,699.20 a year.

Levy code area 047, in the Reynolds School District, carried $19.1893 per $1,000, or $38,378.60 on the same value. That $2,320.60 gap is why owners who sell commercial property in Gresham, OR quote taxes by levy code area.

Landlord rules in Gresham and Oregon

Oregon caps 2027 rent increases at 10%, per the Office of Economic Analysis, up from 9.5% in 2026. Units whose first certificate of occupancy is under 15 years old are exempt under ORS 90.323. ORS 91.225 bars Gresham from enacting its own rent control.

Landlords must account for deposits within 31 days after a tenancy ends, under ORS 90.300. A nonpayment notice gives at least 10 days and cannot go out before the eighth day of the rental period, under ORS 90.394.

Gresham requires a rental license for every residential rental and runs random, mandatory inspections. FY 2026-27 license fees range from $57 to $92, tiered by unit count. Anyone planning to sell commercial real estate in Gresham, OR should keep license and inspection records ready for buyers.

What it means for owners in Gresham

About 66.7% of Gresham workers commute outside the city, per ACS 2020-2024 place-of-work data. Rental vacancy was 5.0%, per the ACS housing profile. Test pricing with our cap rate calculator.

Skyline Capital Investments buys 5+ unit apartment buildings in Rockwood, Downtown Gresham and Centennial. Owners who sell commercial property in Gresham, OR with us skip public listings and showings.

To sell your apartment building in Gresham off-market, start on our sell my apartment building page.

Seller Notes

Selling In Gresham

More about selling in Oregon →
Investing in Gresham? See apartment syndications in Gresham →
  • Before you sell commercial real estate in Gresham, OR, gather rental license and inspection records.
  • Gresham rental vacancy was 5.0% in ACS 2020-2024, per the Census housing profile.
  • About 3.7% of Gresham workers commute by public transit, per ACS 2020-2024 commuting data.

Learn More

Taxes & Rules For Gresham Property

The Oregon rules that shape any deal in Gresham: what a sale costs in tax, how buildings are taxed, what landlords must follow, and how to defer gains.

Gresham Seller FAQ

How do I sell commercial property in Gresham, OR without listing it?

Skyline Capital Investments makes direct offers on 5+ unit buildings in Gresham, Rockwood and Centennial. Send a current rent roll, a trailing 12-month operating statement and your latest Multnomah County tax statement. There are no showings and no public listing.

What should I know before I sell commercial real estate in Gresham, OR?

Buyers check whether each building falls under Oregon's 10% rent cap for 2027, which exempts units with a first certificate of occupancy under 15 years old. Anyone selling commercial property in Gresham should also have current city rental license records.

Does Gresham have rent control?

No. ORS 91.225 declares rent control a matter of statewide concern and bars cities from enacting it. Gresham landlords follow the statewide cap instead: 10% for 2027, up from 9.5% in 2026, per the Oregon Office of Economic Analysis.

What are property taxes on a $2 million apartment building in Gresham?

In Gresham levy code area 026, the 2025-26 consolidated rate was $20.3496 per $1,000 of assessed value. On $2,000,000 of assessed value, that is $40,699.20 a year. Code area 047, in the Reynolds School District, would owe $38,378.60.

What do apartments rent for in Gresham?

Median gross rent in Gresham was $1,586 a month in ACS 2020-2024, against $1,646 in Multnomah County. HUD's FY2027 fair market rent for a two-bedroom in the Portland-Vancouver-Hillsboro metro is $1,878. About 28.1% of Gresham renters pay half their income or more.

Will you buy a Gresham property that needs work or has high vacancy?

Yes. We regularly evaluate value-add, mismanaged, and distressed multifamily properties and underwrite them as they are today — no repairs or lease-up required before selling.

Can I sell my Gresham apartment building off-market?

Yes. We work directly with owners and through listing agents. Off-market conversations are confidential, and we coordinate tours so tenants and staff are not disrupted.

Who buys occupied rental property in Gresham?

We do. Skyline Capital Investments is a commercial real estate buyer of 5+ unit multifamily, and we buy apartment buildings with tenants in place, including properties with below-market rents.

How fast can I sell my apartment building in Gresham?

Most owners get clear feedback within 48 hours of sending the address, unit count, and a rent roll. Closing is typically set around your timeline, including extra time for a 1031 exchange.

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Have A Property In Gresham?

Send the address, unit count, and asking price if you have one. We keep every conversation confidential.

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