500 NW Division St, Gresham, OR 97030 Property Records

Multnomah County property record for 500 NW Division St, Gresham, OR 97030

Property Summary

Property Type	Multi-Family Dwellings
Details	65,099 sqft · built 1981
Lot Size	4.24 acres (184,694 sqft)
Owner	Company Name on Record
Last Sale	$15,800,000 (Sep 2025)
Tax Bill	$76,254 (2025)
Deeds & Mortgages	Sep 2025 Sale Jun 2017 Mortgage
Flood Zone	Zone X (minimal risk)
APN	`1S3E09A-00400`

Property Details

APN / Parcel Number

Primary APN	`1S3E09A-00400`
Alternative APNs	`R993093790` `R338919`

Interior

Units	100 Units
Stories	1 Story
Building Area	65,099 sqft Living Area
1st Floor Area	65,099 sqft
Fireplaces	1 Fireplace
Fireplace	Fireplace

Exterior

Year Built	Built 1981
Effective Year Built	Effective 1981
Architectural Style	Multi-Family
Construction Type	Wood
Roof Type	Sawtooth
Lot Area	184,694 sqft (4.24 acres)
Total Buildings	2 Buildings

Location & Zoning

Account Number	R993093790
Street Address	500 NW DIVISION ST
City	GRESHAM
State	OR
Zip	97030-5548
Property Category	Residential
Property Type	Residential > Multi-Unit > Multi-Family Dwellings
Local Zoning Code	CMF
Legal Description	SECTION 09 1S 3E, TL 400 4.24 ACRES, POTENTIAL ADDITIONAL TAX
Legal Range	03E
Legal Township	01S
Legal Section	09
Legal Subdivision	POTENTIAL ADDITIONA
Jurisdiction	MULTNOMAH OR
Township / Civil Division	GRESHAM
Census Block Group	3
Census Block	3009
Census Tract	10001

Owner

Source: Multnomah County records, as of August 13, 2026

Owner names and exact recorded amounts shown locked on this page are available instantly with a free trial.

Owner of Record	Company Name on Record
Mailing Address	21201 VICTORY BLVD, 267, CANOGA PARK, CA 91303-4005
Owner Type	Company
Vesting	Limited Liability Partnership

Deeds, Mortgages & Sale History

Date	Document
Sep 18, 2025	Special Warranty Deed, Transfer
Jun 27, 2017	Deed of Trust, Mortgage JONES LANG LASALLE MULTIFAMILY

Assessor's Deed Record

Deed Names	Name on Deed
Last Sale	Sep 18, 2025 · Amount on Record
Deed Sale	Sep 18, 2025 · Amount on Record
Prior Sale	Jan 24, 2003 · Amount on Record
Deed Document Number	202559920
Record Updated	Sep 20, 2026

September 2025: Special Warranty Deed, Transfer

Document Type	Special Warranty Deed
Jurisdiction	MULTNOMAH OR
Recording Date	Sep 18, 2025
Property Address	500 NW DIVISION ST, GRESHAM, OR 97030-5548
Document Number	0000059920
Instrument Date	Sep 18, 2025
Instrument	2025-059920
Transaction Type	Transfer
Record Updated	Dec 16, 2025

Transaction

Amount	Amount Recorded
Tax	$0.00
Amount Accuracy	Full Amount Stated
Additional	Arm's Length

Transferred From (Grantor/Seller)

Name	Verified Name

Transferred To (Grantee/Buyer)

Name	Verified Name
Address	21201 VICTORY BLVD STE 267, 267, CANOGA PARK, CA 91303-4005

June 2017: Deed of Trust, Mortgage

Document Type	Deed of Trust
Jurisdiction	MULTNOMAH OR
Property Address	500 NW DIVISION ST, GRESHAM, OR 97030-5548
Document Number	0000077569
Instrument Date	Jun 27, 2017
Transaction Type	Mortgage
Record Updated	Jul 7, 2017
Title Company	LAWYERS TITLE, LAWYERS TITLE INSURANCE CORP.

Transferred To (Grantee/Buyer)

Name	Verified Name
Relationship	Limited Partnership
Address	760 SW 9TH AVE #2200 PORTLAND OR 972052585, 2200, PORTLAND, OR 97205-2585

Mortgage

Document Number	0000077569
Date	Jun 27, 2017
Instrument	77569

Lender

Name	JONES LANG LASALLE MULTIFAMILY
Address	2177 YOUNGMAN AVE # 300, ST PAUL, MN 55116-3084

Agreement

Amount	Amount Recorded
Term	120 Months
Due	Jun 26, 2027

Tax Assessment & Valuation

Source: Multnomah County assessment roll, as of October 29, 2025

Property Jurisdictions

Type	Name
State	Oregon
County	Multnomah County
Municipality	Gresham City
Unified School District	Gresham-Barlow School District 1J (KG - 12)

Tax Bill & Assessment History

Year	Tax Bill	Assessed Value	Assessed Market Value
2025	$76,254.00 (+4.47%)	$3,747,240 (+3%)	$6,980,720 (-) Land $2,304,980 Building $4,675,740
2024	$72,994.00 (+9.76%) Additional exemption filed	$3,638,100 (+3%)	$6,980,720 (-) Land $2,304,980 Building $4,675,740
2023	$66,502.00 (+2.88%) Additional exemption filed	$3,532,140 (+3%)	$6,980,720 (+1.99%) Land $2,304,980 Building $4,675,740
2022	$64,642.00 Additional exemption filed	$3,429,270	$6,844,410 Land $2,304,980 Building $4,539,430

Assessed value is set for property tax purposes, not a market price estimate; it is a fraction of this property's market value.

Flood

Source: FEMA National Flood Hazard Layer, effective May 31, 2026 · OpenFEMA NFIP redacted claims and policies, as of September 2026

FEMA Flood Zone	Zone X minimal risk
Flood Insurance Requirement	Not required lenders may require it
Nearby Flood Claims	1 (1980)
Claims Outside the SFHA	1 of 1
Most Recent Claim	May 1980 · rainfall accumulation

Values are read at the parcel center point; flood claims are located to the census block group, not this parcel; lenders make the official flood determination.

Wildfire

Source: USDA Forest Service Wildfire Risk to Communities (2nd edition), as of 2024

Wildfire Risk	Low lower than 80% of the US · lower than 93% of Oregon
Wildfire Likelihood	0.01% annual chance
Exposure	None beyond ember reach

Values cover an area roughly 900 ft across, not the parcel itself; insurers use their own ratings.

Drinking Water

Source: EPA Safe Drinking Water Information System, as of September 2026

Water System	CITY OF GRESHAM serves 73,932 people · EPA ID OR4100357
Water Source	Purchased surface water from several systems
Last State Inspection	Oct 2025
Lead	4 ppb (2026–2028) action level 15 ppb

Violations Reported to EPA

Water Quality	None last 10 years
Treatment and Procedure	None last 10 years
Monitoring and Reporting	None last 3 years

Results are for the whole water system, not water tested at this address; lead at the tap also depends on the building's own pipes.

Internet Providers

Source: FCC Broadband Data Collection, based on 292 locations within half a mile, as of December 31, 2025

Provider	Max Down / Up (Mbps)
Ziply Fiber Fiber	6,000 / 6,000
Xfinity Cable	2,000 / 2,000
Verizon Fixed Wireless	1,000 / 75
AT&T Fixed Wireless	100 / 20

May also be available: T-Mobile.

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