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653 NW 1st St, Gresham, OR 97030 — photograph 1

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653 NW 1st St, Gresham, OR 97030 — photograph 1
3 Beds2.5 Baths1,515 sqft

653 NW 1st St, Gresham

$340,000

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PendingMLS®: 479682090Listing held by another brokerage, marked RMLS
Price per sqft
$224.42
Built in
2004
Property size
1,515 sqft
Lot size
3,485 sqft
Property type
Residential
Days on market
56

Overview

**NO HOA! OWN THE HOME AND THE LAND!** Whether you’re searching for a comfortable place to call home or a promising investment opportunity, this Gresham townhome is worth a closer look. Featuring 3 bedrooms, 2.1 bathrooms, and an inviting open floor plan, the home offers comfortable living with beautiful hardwood floors and a cozy gas fireplace. Newer appliances and a newer furnace provide added value and convenience. Step outside to enjoy your spacious, fenced backyard—ideal for relaxing, gardening, entertaining, or simply making the most of outdoor living. Unlike many townhomes, this property includes ownership of both the home and the land, with **NO HOA fees! Conveniently located too shopping, restaurants, and downtown Gresham, this property offers both accessibility and flexibility. Investors, take note: the home was previously rented for $2,495 per month, making it an appealing addition to a rental portfolio. If you’re seeking a primary residence, this townhome offers the opportunity to build equity while enjoying the benefits of homeownership. Current tenants are expected to vacate during the first week of November. Plan ahead and arrange to view this property in November. Don’t miss the opportunity to own a townhome with a private backyard, no HOA fees, and excellent potential for homeowners and investors alike!

Details

Interior

Interior features
Garage Door Opener, Laundry, Slate Flooring, Tile Floor, Wall to Wall Carpet, Washer / Dryer, Wood Floors
Appliances
Disposal, Free Standing Range, Free Standing Refrigerator, Microwave, Plumbed For Ice Maker, Tile
Fireplace
Yes
Fireplaces
1
Fireplace description
Gas
Cooling
No
Heating
Yes
Heating description
Forced Air 90
Windows
Double Pane Windows

Exterior and lot

Lot size
3,485 sqft
Exterior features
Fenced, Patio, Porch, Yard
Lot features
Level
Architectural style
Townhouse
Roof
Composition
View
Yes
View description
Trees / Woods

Utilities

Sewer
Public Sewer
Water source
Public Water

Parking

Garage spaces
1
Parking
Driveway
Total parking
1

Schools

High school
Gresham
Middle school
Dexter McCarty
Elementary school
East Gresham

Location

City
Gresham
County
Multnomah

Taxes and dues

Annual taxes
$4,230 (2025)

Location

653 NW 1st St, Gresham, OR 97030

Map showing the location of 653 NW 1st St, Gresham, OR 97030
© Mapbox © OpenStreetMap

Monthly payment estimate

$2,162 /mo

20% · $68,000
7.00%
Principal and interest
$1,810
Property tax (2025)
$353
Total
$2,162

Estimate only, and not an offer of credit. Assumes 20% down ($68,000) and a 30-year fixed rate at 7.00%. Property tax is the assessed annual amount from the listing, divided by twelve. Rates change daily. Insurance and mortgage insurance are not included. Speak to a lender for terms that apply to you.

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