393 NE Kelly Ave
Gresham, OR 97030
Central City- Studio
Studio
Local Information
-- mins to
Home Highlights
Property Type
Multi-Family
Year Built
1998
Parking
Garage
About this House
This mixed-use Duplex condo unit at 393 NE Kelly Ave in Gresham, OR, presents a versatile opportunity for savvy investors or those seeking a live/work arrangement. With commercial space on the lower level and residential space above, this property offers flexibility and potential. Upstairs, you'll find a well-maintained and inviting living space. It boasts updated flooring and fresh paint, creating a light and bright ambiance. The living area includes a kitchen with an eating bar, a spacious living room with a cozy gas fireplace, and bay windows that offer picturesque views of the surrounding trees. The bedroom features a balcony, providing a serene outdoor escape. A bathroom completes the upper-level living quarters, making it a comfortable and functional space. What sets this property apart is the separate entrance for the residential space, ensuring privacy and convenience. On the lower level, you'll discover two roomy office spaces, each with its own entrance. These versatile rooms could serve various purposes, such as a hair salon, nail studio, or a small exercise studio. The HOA takes care of exterior maintenance and landscaping, reducing your responsibilities as an owner. Ample street parking is available, and the property's proximity to the bus line and just blocks from the Max line make transportation a breeze. Walking distance to downtown Gresham core with restaurants, coffee shops, and local shops. Additionally, the seller is willing to offer terms for a seller carry contract, providing a unique financing option for potential buyers. Whether you're looking to invest in a property with dual income potential or create a live/work environment that suits your needs, this condo unit offers an exceptional opportunity. Don't miss out on this chance to own a versatile piece of real estate in Gresham, Oregon.
393 NE Kelly Ave, Gresham, OR 97030 is a studio multi-family in Central City, built in 1998. It last sold for $430,000 on Nov 9, 2023 (2% below the $440,000 asking price). It is currently off market. The Trulia Estimate rent is $1,814/month.
Last check for updates: about 8 hours ago
Listed by Nicole Richards, (503) 886-9156
eXp Realty, LLC
Bought with: John McPherson, (503) 406-1776, Premiere Property Group, LLC
Source: RMLS (OR), MLS#23470801

Home Details for 393 NE Kelly Ave
|
|---|
MLS Status: Sold |
|
|---|
Appliances & Utilities Utilities: DSLAppliances: Electric Water Heater |
Heating & Cooling Heating: Forced AirHas CoolingAir Conditioning: Central AirHas HeatingHeating Fuel: Forced Air |
Gas & Electric Gas: Gas |
Levels, Entrance, & Accessibility Stories: 2 |
View No View |
|
|---|
Exterior Home Features Roof: Composition |
Parking & Garage No CarportHas a GarageNo Attached GarageParking Spaces: 1Parking: Garage |
Water & Sewer Sewer: Public Sewer |
|
|---|
Cumulative Days on Market: 34 |
|
|---|
Year Built Year Built: 1998 |
Property Type / Style Property Type: Residential IncomeProperty Subtype: Multi Family |
Building Construction Materials: Lap SidingNot Attached Property |
Property Information Condition: Updated/RemodeledParcel Number: R195436 |
|
|---|
Price List Price: $440,000 |
Status Change & Dates Off Market Date: Thu Nov 02 2023 |
|
|---|
Direction & Address City: Gresham |
School Information Elementary School: East GreshamJr High / Middle School: Dexter MccartyHigh School: Gresham |
|
|---|
Listing Terms: Call Listing Agent, Cash, Conventional, Owner Will Carry |
|
|---|
Rent Includes: Electricity, Gas, Sewer, Trash Collection, Water |
|
|---|
Mls Number: 23470801Attribution Contact: 503-886-9156 |
Price History for 393 NE Kelly Ave
| Date | Price | Event | Source |
|---|---|---|---|
| 11/09/2023 | $430,000 | Sold | RMLS (OR) #23470801 |
| 03/30/2022 | $449,000 | Sold | RMLS (OR) #22097860 |
| 03/19/2022 | $449,000 | Pending | RMLS (OR) #22097860 |
| 02/21/2022 | $449,000 | Listed For Sale | RMLS (OR) #22097860 |
Market trends in Gresham
Last updated June 2026
Avg. sale price
$466K
$1.33KMoM
Sale-to-List Price
100.0%
Price per sq ft
$275
$8MoM
Available listings
325
10MoM
Property Tax and Assessment
| Year | 2017 |
|---|---|
| Tax | $3,803 |
| Assessment | $330,570 |
Home facts updated by county records
Comparable Sales for 393 NE Kelly Ave
Address | Distance | Property Type | Sold Price | Sold Date | Bed | Bath | Sqft |
|---|---|---|---|---|---|---|---|
0.08 | Multi-Family Home | $656,886 | 08/29/25 | 18 | 9 | 9,216 | |
0.24 | Multi-Family Home | $489,000 | 10/06/25 | 4 | 2 | 1,612 | |
0.30 | Multi-Family Home | $530,000 | 06/26/26 | 6 | 6 | 2,454 | |
0.27 | Multi-Family Home | $850,000 | 05/19/26 | 4 | 4 | 2,164 | |
0.55 | Multi-Family Home | $507,500 | 10/01/25 | 4 | 2 | 1,664 | |
0.65 | Multi-Family Home | $530,000 | 06/17/26 | 6 | 4 | 2,416 | |
0.65 | Multi-Family Home | $590,000 | 03/26/26 | 5 | 3 | 3,625 | |
1.02 | Multi-Family Home | $465,000 | 02/20/26 | 4 | 2 | 1,728 |
Nearby homes
Get a sense of prices in the area by checking nearby homes.Assigned Schools
These are the assigned schools for 393 NE Kelly Ave.
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.
LGBTQ Local Legal Protections
LGBTQ Local Legal Protections
Apartments for Rent
Homes for sale near 393 NE Kelly Ave
Off Market Homes Near 393 NE Kelly Ave

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 2026-08-01 21:44:04 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.

