127 NE 3rd St, Gresham, OR 97030
OFF MARKET

$305,100

Trulia Estimate
  • Studio
  • 1 Bath
  • 850 sqft (on 0.28 acres)

127 NE 3rd St, Gresham, OR 97030

Central City
Est. Refi. Payment $1,862/mo*
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Home Value

Trulia Estimate
$305K
Since last month
Decreased$5K (-1.6%)
Since last year
Decreased$14K (-4.5%)
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 +66% in the last 10 years
MonthEstimated value
2026
August 2026$306K
July 2026$311K
June 2026$336K
May 2026$315K
April 2026$328K
March 2026$340K
February 2026$358K
January 2026$323K
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
128 SE Beech Ave, Gresham, OR
0.25
Single-Family Home
$245,000
02/05/26
3
1
1,320
915 NE 4th St, Gresham, OR
0.36
Single-Family Home
$260,000
07/31/26
3
1
916
236 SE Cleveland Ave, Gresham, OR
0.47
Single-Family Home
$396,000
08/29/25
3
1
912
201 SE Roberts Ave, Gresham, OR
0.24
Single-Family Home
$345,000
09/05/25
1
1,764
644 SE 5th St, Gresham, OR
0.50
Single-Family Home
$195,000
01/09/26
2
1
1,148
360 NE Liberty Ave, Gresham, OR
0.54
Single-Family Home
$310,000
05/11/26
2
1
704
430 SE Elliott Ave, Gresham, OR
0.45
Single-Family Home
$250,000
09/11/25
2
1
885
420 SE Linden Ave, Gresham, OR
0.47
Single-Family Home
$375,000
03/12/26
2
1
792
250 SE Morlan Ave, Gresham, OR
0.52
Single-Family Home
$302,500
11/07/25
3
1
1,008
200 SE Evelyn Ave, Gresham, OR
0.54
Single-Family Home
$415,000
07/30/26
3
1
912

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
318 NE Roberts Ave #204, Gresham, OR 97030
0.00
$205,000
1
1
854
For Sale
318 NE Roberts Ave #402, Gresham, OR 97030
0.01
$245,000
2
1
889
Recently Sold
287 NE 3rd St #310, Gresham, OR 97030
0.05
$265,800
2
2
1,395
Off Market
220 NE 5th St, Gresham, OR 97030
0.07
$410,700
3
2
1,746
Off Market
230 NE 5th St, Gresham, OR 97030
0.07
$457,900
4
2
1,830
Off Market
240 NE 5th St, Gresham, OR 97030
0.07
$375,000
3
3
1,746
Recently Sold
210 NE 5th St, Gresham, OR 97030
0.07
$425,000
3
3
1,806
Recently Sold
393 NE Kelly Ave, Gresham, OR 97030
0.15
-
Studio
-
-
Off Market
491 NE Elliott Ave, Gresham, OR 97030
0.22
$407,000
3
2
1,459
Recently Sold
225 SE 2nd St, Gresham, OR 97080
0.21
$419,700
3
2
1,542
Off Market
295 SE 2nd St, Gresham, OR 97080
0.22
$439,700
4
2
1,237
Off Market
607 NE 3rd St, Gresham, OR 97030
0.23
$658,800
18
9
9,216
Off Market

Local Information

  • Map ViewExplore the area around 127 NE 3rd St.
  • Schools1 Elementary School1 Middle School1 High School
  • Shop & Eat
-- mins to
Commute Destination

Home Highlights

Property Type
Single-Family Home
Year Built
2003
Lot Size
0.28 acres
Living Area
850 sqft
Price/Sqft
$359

About this House

<img src="http://platform.point2.com/Report/dv.ashx?lid=1460072&aid=ZW" > LEASED INVESTMENT OPPORTUNITY! Ground floor commercial condo in PRIME downtown historic Gresham. Currently leased by Classic Nails until 07/2009 Ideal passive investment w no management or property headaches. Walk to Arts center, MAX, shops & restaurants. Please do not disturb tenants!<br><br>Historic Downtown Gresham, Oregon. Part of the Portland Metro Area. This region of the country has continued to grow and appreciate. We are the most affordable west coast metropolitan region and this is your chance to get in ahead of the curve, while near by projects are still being completed. There is already a strong downtown business district primed for high end service providers.<br><br><br><br/><br/>Brokered and Advertised by: The Perotti Group<br/>Listing Agent: Tyler P Whitmire<br/>
127 NE 3rd St, Gresham, OR 97030 is a studio, 1 bathroom, 850 sqft single-family home in Central City, built in 2003. This property is not currently displayed as for sale or rent on Trulia. The Trulia Estimate is $305,100, with a rent estimate of $1,681/month.

Home Details for 127 NE 3rd St

Property Information

Year Built
Year Built: 2003
Property Type / Style
Property Type: Single Family Home

Lot Information

Lot Area: 0.28 acres

Price and Tax history

DateEventPrice
Feb 29, 2008
Source: Agent Provided
ListingRemoved
$182,900
Feb 1, 2008
Source: Agent Provided
Listed For Sale
$182,900

Market trends in Gresham

Last updated July 2026
Buyer'sMarketSeller'sMarket
Avg. sale price
$466K
$234MoM
Sale-to-List Price
100.0%
Price per sq ft
$275
$1MoM
Available listings
365
38MoM

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 127 NE 3rd St

  • What is 127 NE 3rd St estimated to be worth?
    Trulia's estimated value for 127 NE 3rd St in Gresham, OR is $305,100.
  • 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 $466K. That is down $234 from the prior month.
  • What do residents say about the Central City neighborhood?
    Residents describe the Central City neighborhood in Gresham, OR as easy to park in, dog-friendly, and walkable to restaurants. See recently sold homes in Central City, Gresham.
  • How big is the lot at 127 NE 3rd St?
    The lot at 127 NE 3rd St in Gresham, OR is about 0.28 acres (12,196 sq ft).

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Apartments for Rent

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Off Market Homes Near 127 NE 3rd St

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