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4434 W Powell Blvd, Gresham, OR, 97030

3beds
4baths
1,312sqft
$849,000
$647price/sqft
$6,016/moest. monthly cost
$240,640/yrincome needed

About This Home

Located in a high-growth corridor just minutes from a major metropolitan area, this impressive 0.86 acre investment property combines flexible zoning with strong market fundamentals. Currently improved with a single-family home, the site is zoned for moderate commercial uses — offering an exceptional opportunity for income generation, value-add development, or long-term appreciation. Some of the potential uses with this property are, multifamily housing, affordable housing projects, medical facilities and business/retail to name a few. Buyer/Buyers agent to do due diligence with county regarding potential uses and development opportunities.

Getting Around

67
WalkingSomewhat Walkable
44
TransitSome Transit
54
BikeBikeable

Schools

6/10
3/10
Centennial Middle SchoolGrades 6-80.8 mi
4/10
Centennial High SchoolGrades 9-120.4 mi

Construction

Condition

  • Property condition: Fixer
  • Year built: 1946

Materials

  • Foundation: Concrete Perimeter
  • Roof: Composition
  • Construction materials: Other,Wood Siding

Type & Style

  • Home type: SingleFamily
  • Architectural style: Other
  • Property subType: Residential,Single Family Residence

Interior

Appliances

  • Appliances included: Electric Water Heater,Other Water Heater

Basement

  • Has basement: Yes
  • Basement: Other

Bedroom2

  • Level: Main

Bedroom3

  • Level: Main

Bedrooms & Bathrooms

  • Bedrooms: 3
  • Bathrooms: 4
  • Full bathrooms: 3
  • Partial bathrooms: 1
  • Main level bathrooms: 4

Heating & Cooling

  • Heating features: Other
  • Cooling features: Other

Interior Area

  • Total structure area: 1,312
  • Total interior livable area: 1,312 sqft

Master Bedroom

  • Level: Main

Property

Details

  • Parcel number: R340536
  • Zoning: MC

Features

  • Has view: Yes
  • View description: Park/Greenbelt,Territorial

Lot

  • Lot size: 0.86 Acres
  • Features: Gated,Level,Seasonal,SqFt 20000 to Acres1

Parking

  • Parking features: Other,RV Access/Parking,Detached

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Earthquake
    EarthquakeRelatively High
  • Inland Flooding
    Inland FloodingRelatively High
  • Cold Wave
    Cold WaveModerate
  • Heat Wave
    Heat WaveModerate
  • Ice Storm
    Ice StormModerate
  • Winter Weather
    Winter WeatherModerate

How This Home’s Risks Compare

Earthquake
Inland Flooding
Cold Wave
Heat Wave
Ice Storm
Winter Weather

FEMA Declared Disasters in Multnomah County and Oregon

Flood
Mud Landslide
Severe Storm
Straight Line Winds
Winter Storm

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $4,293$51,516
Home Insurance *$201$2,412
Property Taxes $1,346$16,152
Electricity $176$2,119
Total$6,016$72,192
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$206,262/yr
40% on housing$180,480/yr
45% on housing$160,426/yr

Oregon FAIR Plan Programs

Oregon FAIR Plan Association

Covered
WildfireWildfire
Add-on available
HailHail
WindWind
Visit Website →
Current Policies
Residential: 2,377Commercial: 170
Total Premiums$3.07M
Total Exposure$840.98M

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 4.7%
4.7%
0%30.0%
Electricity Growth Rate10-year average: 2.0%
2.0%
0%15.0%
Property Taxes Growth Rate2-year average: 1.6%
1.6%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$647This listing

vs Other Active Listings

Avg $/sqft

ZIP 97030$192
Multnomah County$243

vs Homes Sold Last Month

Median $/sqft

ZIP 97030$273
Multnomah County$288

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

Price History

DateEventPrice
2025-11-11Price change$849,000
2025-09-02Listed for sale$950,000
2014-11-27Listing removed$309,900
2014-02-28Listed for sale$309,900

For Sale by Agent

AgentDenis Sieben
BrokerageEngel & Volkers West Portland

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