1585 SE 5th St
Gresham, OR 97080
Historic Southeast- 6 Beds
- 2 Baths
- 1,824 sqft (on 0.29 acres)
6 Beds
2 Baths
1,824 sqft
(on 0.29 acres)
Local Information
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Description
Fantastic Income or Investment Opportunity! This well-maintained duplex on a spacious .29-acre lot offers incredible potential with each unit featuring 912 sq. ft. of comfortable living space. Both units include 3 bedrooms and 1 bath, a light-filled living room with a large picture window, and a functional kitchen with an eat bar, perfect for casual dining. The adjacent dining room opens to the backyard through sliders, providing easy access to outdoor living. Each unit has its own laundry area, garage, and driveway parking. The large shared backyard is complete with a covered deck, shade trees, fruit trees, and a charming grape arbor, ideal for relaxation or entertaining. Conveniently located near restaurants, shopping, parks, and the Gresham Golf Course, this property is perfect for investors or those seeking rental income.
This property is off market, which means it's not currently listed for sale or rent on Trulia. This may be different from what's available on other websites or public sources. This description is from November 14, 2024
Home Highlights
Parking
Garage
Outdoor
No Info
A/C
Heating only
HOA
None
Price/Sqft
No Info
Listed
180+ days ago
Last check for updates: about 17 hours ago
Listed by Nick Shivers, (971) 201-1500
Keller Williams PDX Central
Arthur Klassen, (971) 201-1500
Keller Williams PDX Central
Bought with: Arthur Klassen, (971) 201-1500, Keller Williams PDX Central
Source: RMLS (OR), MLS#24285328

Home Details for 1585 SE 5th St
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MLS Status: Sold |
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Beds & Baths Number of Bedrooms: 6Number of Bathrooms: 2Number of Bathrooms (full): 2 |
Dimensions and Layout Living Area: 1824 Square Feet |
Heating & Cooling Heating: BaseboardNo CoolingHas HeatingHeating Fuel: Baseboard |
Levels, Entrance, & Accessibility Stories: 1 |
View No View |
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Exterior Home Features Roof: CompositionFoundation: Concrete Perimeter |
Parking & Garage Number of Garage Spaces: 2Number of Covered Spaces: 2No CarportHas a GarageNo Attached GarageParking Spaces: 2Parking: Attached |
Frontage Road Surface Type: Paved |
Water & Sewer Sewer: Public Sewer |
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Cumulative Days on Market: 26 |
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Year Built Year Built: 1973 |
Property Type / Style Property Type: Residential IncomeProperty Subtype: Multi Family |
Building Construction Materials: Wood SidingNot Attached Property |
Property Information Condition: ExistingParcel Number: R270141 |
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Price List Price: $500,000 |
Status Change & Dates Off Market Date: Tue Nov 05 2024 |
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Direction & Address City: Gresham |
School Information Elementary School: HollydaleJr High / Middle School: Clear CreekHigh School: Gresham |
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Building Area Building Area: 1824 Square Feet |
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Lot Area: 0.29 acres |
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Listing Terms: Cash, Conventional, FHA, VA Loan |
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Rent Includes: None |
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Mls Number: 24285328 |
Price History for 1585 SE 5th St
| Date | Price | Event | Source |
|---|---|---|---|
| 11/14/2024 | $530,000 | Sold | RMLS (OR) #24285328 |
| 11/06/2024 | $500,000 | Pending | RMLS (OR) #24285328 |
| 10/31/2024 | $500,000 | PriceChange | RMLS (OR) #24285328 |
| 10/10/2024 | $515,000 | Listed For Sale | RMLS (OR) #24285328 |
Comparable Sales for 1585 SE 5th St
Address | Distance | Property Type | Sold Price | Sold Date | Bed | Bath | Sqft |
|---|---|---|---|---|---|---|---|
0.12 | Multi-Family Home | $507,500 | 10/01/25 | 4 | 2 | 1,664 | |
0.28 | Multi-Family Home | $529,000 | 06/13/25 | 6 | 2 | 2,176 | |
0.36 | Multi-Family Home | $465,000 | 02/20/26 | 4 | 2 | 1,728 | |
0.38 | Multi-Family Home | $564,000 | 11/21/25 | 5 | 4 | 2,352 | |
0.52 | Multi-Family Home | $489,000 | 10/06/25 | 4 | 2 | 1,612 | |
0.56 | Multi-Family Home | $630,000 | 05/28/25 | 5 | 3 | 2,480 | |
0.91 | Multi-Family Home | $565,000 | 07/10/25 | 4 | 2 | 2,136 | |
1.00 | Multi-Family Home | $524,000 | 10/10/25 | 5 | 3 | 2,014 | |
1.11 | Multi-Family Home | $506,750 | 01/26/26 | 5 | 3 | 1,808 |
Assigned Schools
These are the assigned schools for 1585 SE 5th St.
What Locals Say about Historic Southeast
At least 7 Trulia users voted on each feature.
100 % Say car is needed
100 % Say there are sidewalks
92 % Say yards are well-kept
83 % Say kids play outside
82 % Say parking is easy
80 % Say there's wildlife
75 % Say it's dog friendly
70 % Say streets are well-lit
69 % Say they plan to stay for at least 5 years
67 % Say it's quiet
64 % Say neighbors are friendly
60 % Say it's walkable to grocery stores
57 % Say there's holiday spirit
40 % Say it's walkable to restaurants
36 % Say people would walk alone at night
Learn more about our methodology.
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Apartments for Rent
Homes for sale near 1585 SE 5th St

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 Zillow, Inc. are marked with the RMLS™ logo, and detailed information about these properties includes the names of the listing brokers. Listing content is copyright © 2026 RMLS™, Portland, Oregon.
This content last updated on 2026-05-13 10:24:14 PDT. 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.
Homes for rent near 1585 SE 5th St
Off Market Homes Near 1585 SE 5th St
Explore by feature
1585 SE 5th St, Gresham, OR 97080 is a 6 bedroom, 2 bathroom, 1,824 sqft multi-family built in 1973. 1585 SE 5th St is located in Historic Southeast, Gresham. This property is not currently available for sale. 1585 SE 5th St was last sold on Nov 14, 2024 for $530,000 (6% higher than the asking price of $500,000). The current Trulia Estimate for 1585 SE 5th St is $521,400.

