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North Gresham

North Gresham

$435,217 Average Value
$242 Average Price per Sq Ft
7 Homes For Sale

Waterfront living for less

Portland is among the most expensive real estate markets in the U.S. for its offerings of hip commerce, scenic waterscapes and a seemingly endless supply of outdoor recreation. But if there is a will, there is a way and those living in the northeastern neighborhood of North Gresham know this to be true when economical living can also mean living on the water. "Floating houses are by far the most cost-effective way to have waterfront property in the Portland Metro," says John McPherson, a licensed real estate agent with Premiere Property Group and the principal broker at PortlandFloatingHomes.com.

By land or by sea

Stretching from the Columbia River to Gilsan Street, North Gresham's center is mostly industrial parks containing some of the city's largest employers—Cardinal Health, the Boeing Company, John Deere and many others. South of Halsey Street is a small residential area of suburban streets lined with ranch-styles and split-levels from the 1960s and 1970s. These houses sit on 6,000 to 8,000-square-foot lots, often fetching a price of $400,000 to $500,000. But the neighborhood's true treasure is its assortment of floating houses on the north banks of the Columbia River. A typical three-bedroom, 1,200-square-foot house on the water will fetch about $200,000 to $300,000, but these often incur a monthly slip rent of $800 to $900. "That makes a difference," McPherson says.
North Gresham offers quiet living.
North Gresham offers quiet living.
Homes in North Gresham typically come with well maintained lawns.
Homes in North Gresham typically come with well maintained lawns.
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Kayaking leads to archery and more recreation

McPherson says one of the main reasons people live in floating houses is that "it's relaxing." It also makes engaging in their favorite aquatic activities easier, such as dropping a kayak in the river from one's back porch and paddling less than a mile east to practice archery on the range at Chinook Landing Marine Park. Indeed, the area is home to and within close proximity of many exciting parks, not all of which need a kayak to be reached. Plenty walk to Kirk Park to play soccer or climb on the tree-shrouded playground. Come spring 2024, locals will be able to return to the newly renovated Blue Lake Regional for walks through the nature garden, but for now, they will have to settle with just disc golf, which remains open during the renovation.
Blue Lake Natural Area is a great spot to escape to in North Gresham.
Blue Lake Natural Area is a great spot to escape to in North Gresham.
Kirk Park in North Gresham.
Kirk Park in North Gresham.
Kirk Park has safe and modern playgrounds for children.
Kirk Park has safe and modern playgrounds for children.
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Marine Drive offers residents a nice bike path to use in North Gresham.
Marine Drive offers residents a nice bike path to use in North Gresham.

Buses, interstates and light rail

North Gresham is split in half north to south by Interstate 84. This offers equal access to the highway in both sections, though traffic slowdowns sometimes occur around major intersections. Having that highway ensures faster trips into downtown Portland or north to Vancouver for commuters and errands that take one outside of the neighborhood. Those who rely on public transportation are also well taken care of with bus routes on major routes in all four directions. These can even be taken to a light rail station a quarter mile south of the neighborhood on Burnside Street.
Various restaurants can be found in North Gresham.
Various restaurants can be found in North Gresham.

Errands after an Elmer's breakfast

Most errands and itches for entertainment can be taken care of in the neighborhood. The western edge of 181st Avenue contains an Albertson's grocery store and pharmacy immediately southwest of the neighborhood. A handful of restaurants can also be found nearby and further up the avenue, including quick fixes like Elmer's Breakfast Café. A Migration Brewing location in the neighborhood is a prime spot for weekend afternoons and nightlife, offering tours of a 20-barrel production facility and a rotating menu of tap beers to pair with their four-cheese pizza.

Diverse, small schools

North Gresham students attend some of the most diverse schools in the greater Portland area, some with class sizes that are smaller than the national average, such as Hartley Elementary School, which gets a C rating from Niche. Some young students might also start off at Fairview Elementary, which does not have a Niche score but receives a score of 2/10 from GreatSchools. Older students typically move on to Reynolds Middle and High schools, which earn Niche ratings of C-minus and C-plus, respectively.
Mac Mclean
Written By
Mac Mclean
Tim Acock
Photography Contributed By
Tim Acock
Victoria York
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Victoria York

Agents Specializing in this Area

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Schools

Source:
GreatSchools: The GreatSchools Rating helps parents compare schools within a state based on a variety of school quality indicators and provides a helpful picture of how effectively each school serves all of its students. Ratings are on a scale of 1 (below average) to 10 (above average) and can include test scores, college readiness, academic progress, advanced courses, equity, discipline and attendance data. We also advise parents to visit schools, consider other information on school performance and programs, and consider family needs as part of the school selection process. View GreatSchools Rating Methodology

Interested in learning more about homes in this area? Reach out to Kim Wheeler, an experienced agent in this neighborhood.

Parks in this Area

Transit

Airport

Portland International

14 min drive

Bus

19000 Block NE Sandy

Bus

NE Sandy & 185th Dr

Bus

NE Halsey & 201st

Bus

18600 Block NE Sandy

Bus

NE Halsey & 196th

Bus

19000 Block NE Sandy (East Entrance)

Bus

NE Sandy & 201st

Crime and Safety

1 - Low Crime, 10 - High Crime North Gresham US
Homicide 4 4
Sexual Assault 5 4
Assault with Weapon 5 4
Robbery 5 4
Burglary 6 4
Motor Vehicle Theft 7 4
Larceny 6 4
Crime Score 5 4

Source: WhatIsMyCrimeRisk.com

North Gresham Demographics and Home Trends

Housing Trends

Median List Price
$447,500
Median Sale Price
$450,000
Median Single Family Sale Price
$552,499
Median Townhouse Sale Price
$370,990
Median Change From 1st List Price
0%
Last 12 months Home Sales
30
Median Home Sale Price YoY Change
27%
Average Price Per Sq Ft
$242

Neighborhood Facts

Number of Homes in Neighborhood
1,052
Number of Homes for Sale
7
Median Year Built
1972
Months of Supply
2.80
Average Single Family Home Size Sq Ft
1,517
Significantly below the national average
1,924
Average Townhouse Size Sq Ft
2,584
Average 2 Bedroom Size Sq Ft
1,102
Median Lot Size Sq Ft
7,840

Open Houses

  • Saturday, Aug 2
    12 - 2pm

    555 565 NE 195th Ave, Portland, OR 97230

    $635,000

    • 4 Beds
    • 6 Baths
    • 2,325 Sq Ft
    • 555 565 NE 195th Ave
    • New 13 days ago

    Fantastic Investment Opportunity – Townhome-Style Duplex! Well-maintained duplex built in 1997, offering 1,162 sq ft per side. Each unit features 2 bedrooms, 1.5 baths, an open floor plan, hardwood floors, gas heat, individual water heaters, and attached garages. Private fenced backyards provide outdoor space for each unit. Ideal for owner-occupants—live in one side and rent the other. Projected

    Gary Horton RE/MAX Equity Group

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Distribution of Home Values

Source: Public Records

Homes for Sale

Homes for Rent

Interested in learning more about homes in this area? Reach out to Kim Wheeler, an experienced agent in this neighborhood.

Average Home Value





Source: Public Records

Property Mix - Square Feet

This Neighborhood Has More Owners

Demographics

Total Population
5,219
Median Age
40
Population Density
4 ppl/acre
Population under 18
22.4%
On par with the national average
23.8%
Population over 65
17.9%
On par with the national average
19.1%

Finances

Median Household Income
$67,217
Below the national average
$71,702
Average Household Income
$78,264

Education and Workforce

High School Graduates
87.1%
College Graduates
19.6%
Below the national average
34.1%
Advanced Degrees
4.7%
Below the national average
13.3%
% Population in Labor Force
65.1%

Weather

Annual Precipitation
47''
Average Winter Low Temperature
33°F
Average Summer High Temperature
81°F
Annual Snowfall
7''

Area Factors

Somewhat Bikeable

Bike Score®

49 / 100

Car-Dependent

Walk Score®

2 / 100

Some Transit

Transit Score®

30 / 100
Source: Walk Score
Source: Walk Score

Sound Score® measures the noise level of any address. Transit Score® measures access to public transit. Bike Score® measures the bikeability of any address.

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Reviews

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Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. Our sources include: Accuweather, Public Records and Neustar. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
NEIGHBORHOOD
North Gresham