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For Sale

Applegate Apartments

17726 SE Division Street, Gresham, OR 97030

Applegate Apartments is a 78-unit multifamily community located along the high-visibility SE Division Street corridor in Gresham, Oregon, offering investors a well-maintained asset with reduced near-term capital needs and strong long-term fundamentals. Current ownership has completed significant exterior improvements, including new siding, roofing, and windows, positioning the property for operational focus rather than deferred maintenance. Built in 1979, the property combines durable construction with modernized exterior systems and is situated within a dense, established East Portland/Gresham submarket supported by consistent renter demand, accessible transportation corridors, and proximity to key retail and employment centers. The asset presents an opportunity to capitalize on stable tenancy within a proven location while benefiting from continued demand drivers in one of the Portland metro area’s most resilient workforce housing markets.

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Reach out to the broker for more info on lease terms and amenities

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Contacts

broker
Gregory Frick

HFO Investment Real Estate | a Member of GREA

broker
Rob Marton

HFO Investment Real Estate | a Member of GREA

Building Details

  • For Sale $11,600,000
  • Property Type Other
  • Units 78
  • Year Built 1979
  • Date Updated May 22, 2026

Getting Around

  • Walk Score ®

    Very Walkable (71)
  • Transit Score ®

    Some Transit (43)
  • Bike Score ®

    Very Bikeable (84)
Powered by Walk Score ®

Location

  • City Gresham, OR
  • Zip Code 97030
  • Map
  • Street

Points of Interest

Southeast Main Street

4.14 miles

Southeast Powell Boulevard

4.22 miles

Southeast Holgate Boulevard

4.28 miles

Lents Town Center/Southeast Foster Road

4.52 miles

Southeast Grand & Mill

8.76 miles

Southeast Martin Luther King & Mill

8.82 miles

Southeast Martin Luther King & Taylor

8.84 miles

Northeast 7th & Holladay

8.84 miles

Southeast Water/OMSI

8.88 miles

76

0.25 miles

Arco

0.82 miles

Chevron

0.86 miles

Safeway

1.14 miles

Union 76

1.28 miles

Space Age

1.71 miles

Blink

3.08 miles

PGE Electric Avenue Eastport Plaza

4.78 miles

Volta

5.11 miles

Walgreens parking lot

1.67 miles

Gresham Parking Garage

2.66 miles

Cleveland Avenue Park & Ride

2.97 miles

E 122nd/Menlo Park

2.99 miles

Leach Botanical Garden Car Parking

3.35 miles

Leach Botanical Gardens Compact Vehicle Car Park

3.41 miles

Leach Auxiliary Parking

3.47 miles

Parking Lot D

4.04 miles

Parking Lot PL

4.04 miles

Washman

2.05 miles

Autowash

2.38 miles

Hertz

2.97 miles

Scrubby's Car Wash

2.99 miles

Enterprise Rent-A-Car

3.13 miles

Astro Jet Car Wash

3.27 miles

Hertz Car Rental

3.31 miles

Chevron

3.95 miles

Enterprise

4.07 miles

Mi Pueblo Taqueria

0.15 miles

DQ Grill & Chill

0.20 miles

Domino's

0.21 miles

Deli Barn

0.26 miles

El Brasero

0.28 miles

Tin Tin Buffet

0.29 miles

Lee's Garden

0.30 miles

D Street Cafe

0.37 miles

China Hut

0.52 miles

Grocery Outlet

0.91 miles

Bi-Mart

0.98 miles

Walmart Neighborhood Market

1.15 miles

Su Casa Super Mercado

1.30 miles

Albertsons

1.47 miles

Fred Meyer

1.57 miles

Europa PDX

1.86 miles

Don Pancho's Tienda Mexicana

2.08 miles

Natural Grocers

2.23 miles

Walgreens

1.01 miles

Safeway

1.07 miles

LifeWorks NW

1.13 miles

Walmart Pharmacy

1.16 miles

Rockwood Medical Office

1.27 miles

Wallace Medical Concern Rockwood Medical Clinic

1.30 miles

Sav-on

1.45 miles

Providence Express Care

1.53 miles

Rite Aid

1.54 miles

17726 SE Division Street Listing Summary

  • What is the asking price at Applegate Apartments?

    Applegate Apartments is currently listed for sale at Contact for pricing.

  • What is the year built for Applegate Apartments?

    The year built for Applegate Apartments is 1979.

Contact Applegate Apartments
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