240 NE 5th St Gresham, OR 97030
Downtown Gresham NeighborhoodEstimated payment $2,974/month
Highlights
- City View
- 4-minute walk to Gresham Central Transit Center
- Hydromassage or Jetted Bathtub
- Vaulted Ceiling
- Main Floor Primary Bedroom
- 4-minute walk to Gresham Splash Pad Park
About This Home
**MOTIVATED SELLERS!** Experience upscale living in the heart of Historic Downtown Gresham! This beautifully maintained townhome offers a spacious and inviting layout and features a large living area with a cozy gas fireplace and a chef-inspired kitchen complete with newer appliances, under-cabinet lighting, and a breakfast bar. Enjoy three full bathrooms, and a vaulted primary suite with its own fireplace, walk-in closet, loft space, and private covered balcony. The main level includes a versatile office/den that can function as a third bedroom. Step out onto the oversized deck—perfect that is already plumbed for gas and great for entertaining. Additional highlights includes a 2-car garage with 50 amp 220 volt circuit, easy conversion for electric car charger, central vacuum plumbing, and abundant storage throughout. All of this just one block from the vibrant Gresham Arts Plaza, offering a weekend farmers market, splash pad, and open green space that is perfect for relaxing or gathering with the community.
Listing Agent
William Grzebyk
Redfin License #201214217 Listed on: 04/16/2025
Townhouse Details
Home Type
- Townhome
Est. Annual Taxes
- $5,937
Year Built
- Built in 1996 | Remodeled
HOA Fees
- $419 Monthly HOA Fees
Parking
- 2 Car Attached Garage
- Garage on Main Level
- On-Street Parking
Home Design
- Composition Roof
- Wood Siding
- Stone Siding
- Concrete Perimeter Foundation
Interior Spaces
- 1,746 Sq Ft Home
- 2-Story Property
- Plumbed for Central Vacuum
- Built-In Features
- Vaulted Ceiling
- Ceiling Fan
- 2 Fireplaces
- Gas Fireplace
- Vinyl Clad Windows
- French Doors
- Family Room
- Living Room
- Dining Room
- Utility Room
- Laundry Room
- City Views
Kitchen
- Free-Standing Range
- Microwave
- Dishwasher
- Quartz Countertops
Flooring
- Wall to Wall Carpet
- Tile
Bedrooms and Bathrooms
- 3 Bedrooms
- Primary Bedroom on Main
- Hydromassage or Jetted Bathtub
- Walk-in Shower
Schools
- East Gresham Elementary School
- Dexter Mccarty Middle School
- Gresham High School
Utilities
- Forced Air Heating and Cooling System
- Heating System Uses Gas
- Gas Water Heater
Additional Features
- Accessibility Features
- Patio
- 2,613 Sq Ft Lot
Listing and Financial Details
- Assessor Parcel Number R230543
Community Details
Overview
- Kmo Management Association, Phone Number (503) 661-8000
- Central City Subdivision
- On-Site Maintenance
Additional Features
- Common Area
- Resident Manager or Management On Site
Map
Home Values in the Area
Average Home Value in this Area
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2024 | $5,937 | $295,920 | -- | -- |
| 2023 | $5,937 | $287,310 | $0 | $0 |
| 2022 | $5,258 | $278,950 | $0 | $0 |
| 2021 | $5,126 | $270,830 | $0 | $0 |
| 2020 | $4,823 | $262,950 | $0 | $0 |
| 2019 | $4,697 | $255,300 | $0 | $0 |
| 2018 | $4,478 | $247,870 | $0 | $0 |
| 2017 | $4,297 | $240,660 | $0 | $0 |
| 2016 | $3,789 | $233,660 | $0 | $0 |
| 2015 | $3,707 | $226,860 | $0 | $0 |
| 2014 | $3,617 | $220,260 | $0 | $0 |
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 04/29/2025 04/29/25 | Price Changed | $390,000 | -2.5% | $223 / Sq Ft |
| 04/16/2025 04/16/25 | For Sale | $400,000 | 0.0% | $229 / Sq Ft |
| 11/22/2021 11/22/21 | Sold | $399,900 | 0.0% | $229 / Sq Ft |
| 11/03/2021 11/03/21 | Pending | -- | -- | -- |
| 10/16/2021 10/16/21 | Price Changed | $399,900 | -2.4% | $229 / Sq Ft |
| 10/08/2021 10/08/21 | Price Changed | $409,900 | -1.2% | $235 / Sq Ft |
| 09/24/2021 09/24/21 | Price Changed | $414,900 | 0.0% | $238 / Sq Ft |
| 09/07/2021 09/07/21 | For Sale | $415,000 | 0.0% | $238 / Sq Ft |
| 08/23/2021 08/23/21 | Pending | -- | -- | -- |
| 08/20/2021 08/20/21 | For Sale | $415,000 | -- | $238 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $399,900 | Ticor Title | |
| Warranty Deed | $280,000 | First American Title Insuran | |
| Warranty Deed | $220,000 | Lawyers Title Ins | |
| Warranty Deed | $205,901 | Fidelity National Title Co |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $25,000 | Credit Line Revolving | |
| Previous Owner | $99,000 | New Conventional | |
| Previous Owner | $112,000 | Credit Line Revolving | |
| Previous Owner | $220,000 | Credit Line Revolving | |
| Previous Owner | $90,000 | Purchase Money Mortgage | |
| Previous Owner | $122,000 | Purchase Money Mortgage |
Source: Regional Multiple Listing Service (RMLS)
MLS Number: 182574060
APN: R230543
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The content relating to real estate for sale on this web site comes in part from the IDX program of the RMLS™ of Portland, Oregon. Real estate listings held by brokerage firms other than Ten-X are marked with the RMLS™ logo, and detailed information about these properties includes the names of the listing brokers. Listing content is copyright © 2025 RMLS™, Portland, Oregon. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available. All information provided is deemed reliable but is not guaranteed and should be independently verified.
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