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$625,000
Property Description
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!
Full Property Details
Full Property Details for 994 NW Wallula Ave
General
- Price: $625,000
- Taxes: $5,260
- Status: Active
- Type: Multi-Family
- Source: RWMLS
- MLS ID: 211135978
- Updated: 1/20/2026
- Added to Site: 102 day(s) ago
Rental Information
- Rent Includes: Sewer, Trash Collection, Water
Additional Information
- Security/Safety: None
Parking
- Garage: Yes
- Total Spaces: 2
- Parking Features: Attached, Garage
Location
- County: Multnomah
- Driving Directions: NW Division St
School Information
- Elementary School: East Gresham
- Middle School: Dexter McCarty
- High School: Gresham
Community
- Community Name: 144 - Gresham, Sandy, Troutdale, Corbett
Heating & Cooling
- Central air: Yes
- Air Conditioning: Yes
- Cooling Type: Central Air
- Heating Type: Forced Air, Gas Stove, Other
- Heating Fuel: Electricity, Gas
Utilities
- Sewer: Public Sewer
- Water: Public Water
Structural Information
- Property Detached: Yes
- Basement Desc.: Full Basement, Separate Living Quarters/Apartment/Aux Living Unit
- Roof: Composition
- Stories/Levels: 2
- Square Feet: 3,200
- Year Built: 1947
- Property Condition: Updated/Remodeled
Lot Features
- Lot Size: 10, 000 to 14, 999 SqFt
- Frontage: Concrete
- Lot Features: Corner Lot
Financial Considerations
- Tax Amount: $5,260.75
- Terms: Cash, Conventional, FHA, VA Loan
Disclosures and Reports
- Legal Description: CASCADE VIEW AC, N 10' OF W 100' OF LOT 4, EXC PT IN ST-W 100' LO
- Property ID: R129523
Listed by Modern Realty (971) 340-6636, Ruben Isai (503) 309-9406
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Schools
Schools serving 994 NW Wallula Ave
School District:Gresham-Barlow School District 1j
| Name | Grades | Distance |
|---|---|---|
East Gresham Elementary School 900 Southeast 5th Street, Gresham, OR 97080 | K-5 | 1.4 mi |
Dexter Mccarty Middle School 1400 Southeast 5th Street, Gresham, OR 97080 | 6-8 | 1.5 mi |
Gresham High School 1200 North Main Avenue, Gresham, OR 97030 | 9-12 | 0.7 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 994 NW Wallula Ave
Date
Details
Price
Change
Source
10/11/2025
Listed
$625,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 994 NW Wallula Ave
Year
Property Taxes
Change
Tax Assessment
Change
2025
$5,496
4%
$270,060
3%
2024
$5,261
10%
$262,200
3%
2023
$4,793
6%
$254,570
6%
2021
$4,542
-3%
$239,970
-3%
2022
$4,659
3%
$247,160
6%
2021
$4,542
14%
$232,990
6%
2018
$3,968
4%
$219,630
3%
2017
$3,807
13%
$213,240
3%
2016
$3,357
2%
$207,030
3%
2015
$3,284
2%
$201,000
3%
2014
$3,204
3%
$195,150
3%
2013
$3,117
—
$189,470
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 994 NW Wallula Ave
994 NW Wallula Ave, Gresham, OR 97030 (MLS# 211135978) is a Multi-Family property with 2 units containing 0 bedrooms and 0 full bathrooms. 994 NW Wallula Ave is currently listed for $625,000 and was received on October 11, 2025. Want to learn more about 994 NW Wallula Ave? Do you have questions about finding other Multi-Family real estate for sale in Northeast Gresham? You can browse all Northeast Gresham real estate or contact a Coldwell Banker agent to request more information.
