1605 SW Walters Dr, Gresham, OR 97080
Property image
Property image
OFF MARKET

1605 SW Walters Dr
Gresham, OR 97080

Gresham Butte
  • 4 Beds
  • 3,122 sqft (on 8.51 acres)

$603,900

Trulia Estimate
as of Aug 18, 2026
Est. Refi. Payment $3,637/mo*

$603,900

Trulia Estimate
as of Aug 18, 2026
Est. Refi. Payment $3,637/mo*
4 Beds
3,122 sqft
(on 8.51 acres)

Home Value

Trulia Estimate
$604K
Since last month
Decreased$41K (-6.4%)
Since last year
Increased$33K (+5.8%)
Since last sale
Increased$214K (+54.9%)
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 +45% in the last 10 years
MonthEstimated value
2026
August 2026$603K
July 2026$644K
June 2026$604K
May 2026$599K
April 2026$587K
March 2026$616K
February 2026$570K
January 2026$568K
2025
2024
2023
2020

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
1.52
Lot/Land
$135,000
08/19/25
-
-
1.40
Lot/Land
$65,224
05/15/26
-
-
1.92
Lot/Land
$450,000
05/01/26
-
-
2.06
Lot/Land
$695,000
06/03/26
-
-
1.98
Lot/Land
$160,000
04/10/26
-
-
3.24
Lot/Land
$365,000
08/14/26
-
-
3.79
Lot/Land
$182,000
11/13/25
3
1
1,200
2.51
Lot/Land
$117,000
07/30/26
-
-
3.21
Lot/Land
$529,000
10/24/25
-
-
3.13
Lot/Land
$303,000
04/14/26
-
-

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
0.08
$804,800
4
3
3,287
Off Market
0.09
$945,600
5
3
4,317
Off Market
0.11
$740,200
4
3
3,053
Off Market
0.12
$830,900
4
2
2,526
Off Market
0.21
$515,000
3
2
1,650
Recently Sold
0.23
$999,950
4
5
6,387
For Sale
0.20
$449,900
3
2
1,776
Off Market
0.20
$525,700
4
2
1,991
Off Market
0.24
$550,000
3
2
2,043
Off Market
0.24
$600,000
5
2
2,352
Recently Sold
0.28
-
-
-
-
Off Market
0.25
$490,900
3
2
1,572
Off Market

Local Information

  • Map ViewExplore the area around 1605 SW Walters Dr.
  • Schools1 Elementary School1 Middle School1 High School
  • Shop & Eat
-- mins to
Commute Destination

Home Highlights

Property Type
Lot/Land
Year Built
1930
Lot Size
8.51 acres
Living Area
3,122 sqft
Price/Sqft
$193
Parking
Garage

About this House

Once in a lifetime opportunity to build your dream home, or subdivide. Amazing views of the mountain and valley. Very private lot on Gresham Butte, but just minutes to Downtown Gresham. All utilities are at the property. No CC&R's, or HOA. Property is in the Gresham Butte Plan District and can be divided- buyer to verify with the city of Gresham.
1605 SW Walters Dr, Gresham, OR 97080 is a 4 bedroom, 3,122 sqft lot/land in Gresham Butte, built in 1930. It last sold for $389,025 on Mar 4, 2020. It is currently off market. The Trulia Estimate is $603,900, with a rent estimate of $3,022/month.

Home Details for 1605 SW Walters Dr

Interior Features

Heating & Cooling
Heating: Forced Air, Electric, GasHeating Fuel: Forced Air
Interior Details
Types of Rooms: Walk In Closet, Dining Room
Appliances & Utilities
Cable ReadyDryerWasher
Levels, Entrance, & Accessibility
Floors: Tile, Concrete, Hardwood

Property Information

Year Built
Year Built: 1930Year Updated: 1940
Property Type / Style
Property Type: Lot LandArchitecture: Tudor

Exterior Features

Exterior Home Features
Exterior: Brick
Parking & Garage
GarageParking: Garage Attached, Garage Detached

Lot Information

Lot Area: 8.51 acres

Price and Tax history

DateEventPrice
Mar 4, 2020
Source: N/A
Sold
$389,025
Sep 1, 2019
Source: Agent Provided
ListingRemoved
$449,000
Apr 1, 2019
Source: Agent Provided
PriceChange
$449,000
Price decreased by 9%
Sep 27, 2018
Source: Agent Provided
PriceChange
$495,000
Price decreased by 32%
Jun 15, 2018
Source: Agent Provided
Listed For Sale
$725,000

Market trends in Gresham

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

Neighborhood Overview

Neighborhood stats provided by third party data sources.

What Locals Say about Gresham Butte

At least 23 Trulia users voted on each feature.
  • 93 % Say there are sidewalks

  • 92 % Say parking is easy

  • 90 % Say there's holiday spirit

  • 83 % Say car is needed

  • 83 % Say it's dog friendly

  • 79 % Say yards are well-kept

  • 77 % Say there's wildlife

  • 71 % Say it's quiet

  • 69 % Say streets are well-lit

  • 65 % Say neighbors are friendly

  • 63 % Say kids play outside

  • 61 % Say people would walk alone at night

  • 61 % Say they plan to stay for at least 5 years

  • 54 % Say it's walkable to restaurants

  • 35 % Say there are community events

  • 16 % Say it's walkable to grocery stores

Sourced by Trulia users. Learn more about our methodology.
  • Jbando29
    "The Springwater Trail is nearby. It is a great place to walk with the dogs and the dog park is close by."
  • Robyn C
    "There is easy access to park and ride to downtown Portland. This takes over an hour to get to Portland and back. It takes 30 min to drive early in the morning and an hour and 15 minutes to get home in the evening "
  • Fessler5066
    "Incredible family neighborhood! Safe and with a cul de sac. School bus picks up at Main Street just around the corner. "
  • Chad R.
    "Great families and great neighbors. Great trails through the Butte. Just wish crime didn't seem to be an issue, but it does."
  • S D.
    "Fairly close to Powell, Division, & Burnside. These lead to most places in the area. 5 minutes to Downtown Gresham."
  • Trulia User
    "I know that our HOA has a community yard sale each year. They also have a yearly barbecue for members in the HOA."
  • Lorri W. M.
    "The commute from anywhere is getting longer and more frustrating. Portland has not updated the infrastructure to accommodate the population growth. "
  • Lorri W. M.
    "Depending on time of day commute to downtown can take 20-45 min both ways. It’s recommended to avoid the freeways and take side streets. "
  • dani_e s.
    "I move in last August and have never been more pleased with an area to live in. The neighbors are fantastic. The streets are peaceful and the trees/hilltop are stunning to look at. I am super close to Sprinwater Trail which leads to a park and eventually downtown Gresham. I hope to remain here for a VERY long time!"
  • Mary M.
    "Quiet cul-de-sac, friendly neighbors, flat for scenic walking, close in to town and shopping."

LGBTQ Local Legal Protections

Frequently asked questions about 1605 SW Walters Dr

  • What is 1605 SW Walters Dr estimated to be worth?
    Trulia's estimated value for 1605 SW Walters Dr in Gresham, OR is $603,900.
  • What is the price history for 1605 SW Walters Dr?
    1605 SW Walters Dr in Gresham, OR last sold for $389,025 in March 2020.
  • 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.

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