1197 NE 5th St, Gresham, OR 97030
Property image
Property image
OFF MARKET

$372,700

Trulia Estimate
  • 4 Beds
  • 3 Baths
  • 2,125 sqft

1197 NE 5th St, Gresham, OR 97030

Central City
Est. Refi. Payment $2,431/mo*
Refinance Your Home
Currently Off Market - Sold Aug 19, 2016 for $280,000

Home Value

Trulia Estimate
$373K
Since last month
Increased$2K (+0.4%)
Since last year
Decreased$9K (-2.4%)
Since last sale
Increased$94K (+33.5%)
Learn more about this home's value by checking out its Trulia Estimate, the value of nearby homes, and how much similar homes have sold for.

Trulia Estimate

The of this home's value increased by +31% in the last 10 years
MonthEstimated value
2026
September 2026$374K
September 2026$374K
August 2026$372K
July 2026$378K
June 2026$379K
May 2026$382K
April 2026$384K
March 2026$384K
February 2026$380K
January 2026$380K
2025
2024
2023
2022
2021
2020
2019
2018
2017
2016

Comparable sales

These are recently sold homes that have a similar location or other similar features to this home, like bedrooms, bathrooms, and square footage. Get a sense of the expected prices in the area by viewing these homes.
Address
Distance
Property Type
Sold Price
Sold Date
Bed
Bath
Sqft
493 NE Liberty Ave, Gresham, OR
0.03
Townhouse
$296,000
08/13/26
3
3
1,634
768 NE 9th St, Gresham, OR
0.24
Townhouse
$295,000
09/25/26
3
3
1,480
894 NE Linden Ave, Gresham, OR
0.27
Townhouse
$310,000
04/22/26
3
3
1,376
240 NE 5th St, Gresham, OR
0.45
Townhouse
$375,000
11/04/25
3
3
1,746
491 NE Elliott Ave, Gresham, OR
0.27
Townhouse
$407,000
05/13/26
3
3
1,459
210 NE 5th St, Gresham, OR
0.46
Townhouse
$425,000
05/15/26
3
3
1,806
660 NE 9th St, Gresham, OR
0.30
Townhouse
$317,500
04/21/26
3
3
1,387
647 SE Hogan Rd, Gresham, OR
0.64
Townhouse
$359,000
06/04/26
3
3
1,346
445 NE Village Squire Ave #4, Gresham, OR
0.75
Townhouse
$300,000
05/20/26
3
2
1,728
371 NE Village Squire Ave #25, Gresham, OR
0.57
Townhouse
$227,300
08/21/26
2
2
1,384

Nearby home prices

Get a sense of expected prices in the area by checking the value of nearby homes.
Address
Distance
Price
Bed
Bath
Sqft
Status
1189 NE 5th St, Gresham, OR 97030
0.00
$337,000
3
3
1,545
Off Market
1209 NE 5th St #B, Gresham, OR 97030
0.01
$342,600
3
3
1,515
Off Market
1209 NE 5th St, Gresham, OR 97030
0.01
$415,700
3
3.5
1,500
Off Market
1181 NE 5th St, Gresham, OR 97030
0.01
$357,100
3
3
1,569
Off Market
1253 NE 5th St #B, Gresham, OR 97030
0.01
$355,500
Studio
4
1,507
Off Market
1253 NE 5th St, Gresham, OR 97030
0.01
$367,600
3
4
1,515
Off Market
1221 NE 5th St #B, Gresham, OR 97030
0.01
$344,400
Studio
3
1,507
Off Market
1221 NE 5th St, Gresham, OR 97030
0.01
$341,200
3
3
1,507
Off Market
1267 NE 5th St #B, Gresham, OR 97030
0.01
$198,673
Studio
3
1,507
Recently Sold
1267 NE 5th St, Gresham, OR 97030
0.01
$339,200
3
4
1,515
Off Market
1177 NE 5th St, Gresham, OR 97030
0.01
$379,300
4
3
2,125
Off Market
1171 NE 5th St, Gresham, OR 97030
0.01
-
-
-
-
Off Market
1194 NE 6th St, Gresham, OR 97030
0.01
$353,100
3
2
1,680
Off Market
1279 NE 5th St #B, Gresham, OR 97030
0.01
$362,100
Studio
4
1,507
Off Market
1279 NE 5th St, Gresham, OR 97030
0.01
$386,800
Studio
-
-
Off Market
1233 NE 5th St #B, Gresham, OR 97030
0.01
$339,100
3
3.5
1,569
Off Market
1233 NE 5th St, Gresham, OR 97030
0.01
$337,000
3
3.5
1,507
Off Market
1186 NE 6th St, Gresham, OR 97030
0.02
$354,600
Studio
2
1,632
Off Market
1291 NE 5th St #B, Gresham, OR 97030
0.02
$342,800
3
4
1,515
Off Market
1291 NE 5th St, Gresham, OR 97030
0.02
$331,400
3
4
1,515
Off Market

Local Information

  • Map ViewExplore the area around 1197 NE 5th St.
  • Schools1 Elementary School1 Middle School1 High School
  • Shop & Eat
-- mins to
Commute Destination

Home Highlights

Townhouse
Built in 2007
2,125 sqft
$175/sqft
Garage

About this House

Immaculate Ironcrest Estates Townhome! End unit in a private gated community. 1st and 2nd floor have Brazilian hardwoods. Kitchen w/ gas/stainless appliances and granite. LR has beautiful double-sided gas fireplace. Vaulted master w/ 2 walk-in closets! 2 decks and back yard has high quality astroturf for year round enjoyment! Fresh exterior paint and new gutters to be installed this year! Central Vac! 1 block to Max blue line!
1197 NE 5th St, Gresham, OR 97030 is a 4 bedroom, 3 bathroom, 2,125 sqft townhouse in Central City, built in 2007. It last sold for $280,000 on Aug 19, 2016. This property is not currently displayed as for sale or rent on Trulia. The Trulia Estimate is $372,700, with a rent estimate of $2,826/month.

Home Details for 1197 NE 5th St

Interior Features

Interior Details
BasementTypes of Rooms: Walk In Closet
Heating & Cooling
Heating: Forced AirAir ConditioningCooling System: CentralHeating Fuel: Forced Air
Levels, Entrance, & Accessibility
Stories: 3Floors: Hardwood
Appliances & Utilities
DishwasherMicrowave
Fireplace & Spa
Fireplace

Exterior Features

Exterior Home Features
Roof: CompositionExterior: Cement ConcretePatio
Parking & Garage
GarageParking: Garage Attached

Property Information

Year Built
Year Built: 2007Year Updated: 2007
Property Type / Style
Property Type: Townhouse

Lot Information

Lot Area: 2178 sqft

Price and Tax history

DateEventPrice
Aug 19, 2016
Source: RMLS (OR) #16021281
Sold
$280,000
Jun 19, 2016
Source: Agent Provided
Pending
$264,950
Jun 16, 2016
Source: Agent Provided
Listed For Sale
$264,950
Jan 6, 2008
Source: N/A
ListingRemoved
$305
Aug 30, 2007
Source: N/A
Sold
$305,000

Market trends in Gresham

Last updated August 2026
Buyer'sMarketSeller'sMarket
Avg. sale price
$459K
$7.37KMoM
Sale-to-List Price
100.0%
Price per sq ft
$274
$2MoM
Available listings
370
4MoM

Around this home

Neighborhood Overview

Central City
See Local Highlights
Neighborhood stats provided by third party data sources.

What Locals Say about Central City

At least 14 Trulia users voted on each feature.

  • 89 % Say parking is easy

  • 87 % Say it's dog friendly

  • 79 % Say it's walkable to restaurants

  • 75 % Say there are sidewalks

  • 73 % Say car is needed

  • 71 % Say it's walkable to grocery stores

  • 68 % Say there's holiday spirit

  • 63 % Say kids play outside

  • 61 % Say yards are well-kept

  • 58 % Say streets are well-lit

  • 53 % Say people would walk alone at night

  • 44 % Say neighbors are friendly

  • 42 % Say they plan to stay for at least 5 years

  • 42 % Say it's quiet

  • 40 % Say there's wildlife

  • 24 % Say there are community events

Sourced by Trulia users. Learn more about our methodology.
  • Trulia User
    "it used to be unique but now it's a cess pool of homelessness and crime, like the majority of Portland."
    3
    Flag
  • Jgruskin6616
    "lots of families with children, great parks and downtown events. music on Mondays, Saturday market on Saturdays, movies in the park on Fridays. close to any shopping. schools are ok. crime is pretty low. we have lived her for 2.5 years and we have really enjoyed jt"
    3
    Flag
  • Amber
    "Saturday market and downtown Gresham are in walking distance Downtown Gresham has lots of things going on in the summer Great little shops places to eat a couple breweries the neighborhood isn’t too rowdy"
    0
    Flag
  • krystalcravens
    "this town is the best place for families and all of the above"
    0
    Flag

LGBTQ Local Legal Protections

Frequently asked questions about 1197 NE 5th St

  • What is 1197 NE 5th St estimated to be worth?
    Trulia's estimated value for 1197 NE 5th St in Gresham, OR is $372,700.
  • What is the price history for 1197 NE 5th St?
    1197 NE 5th St in Gresham, OR last sold for $280,000 in August 2016.
  • Is Gresham a buyer's or seller's market?
    Gresham is currently a seller's market, based on recent for-sale activity.
  • What's the median sale price in Gresham?
    The median sale price in Gresham is $459K. That is down $7.37K from the prior month.
  • Does 1197 NE 5th St have air conditioning?
    Yes, 1197 NE 5th St in Gresham, OR has air conditioning.
  • Does 1197 NE 5th St have a garage?
    Yes, 1197 NE 5th St in Gresham, OR has a garage.

Explore by feature - Pet Friendly

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Explore by feature - Garage

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Explore by feature - Air Conditioning

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Explore by feature - Pool

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Explore by feature - Washer/dryer

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Explore by feature - Outdoor Space

33 rentals with an outdoor space in Gresham, OR

Apartments for Rent

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Off Market Homes Near 1197 NE 5th St

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