427 SE Kelly Ave #5, Gresham, OR 97080
Property image
Property image
OFF MARKET

$346,900

Trulia Estimate
as of Sep 7, 2026
  • 1 Bed
  • 1 Bath
  • 550 sqft

427 SE Kelly Ave #5, Gresham, OR 97080

Historic Southeast

Home Highlights

Multi-Family
Built in 1963
550 sqft
$631/sqft
1 Parking Spaces

Local Information

  • Map ViewExplore the area around 427 SE Kelly Ave #5.
  • Schools1 Elementary School1 Middle School1 High School
  • Shop & Eat
-- mins to
Commute Destination

About this House

Single level 1bed/1bath unit now available for rent! Unit features updated floors, fenced backyard, off street parking, shared laundry onsite with storage locker included!
Year lease. Water/Sewer/Garbage included! Tenants responsible for electricity.
Small pets are ok with additional rent and deposits listed below.
Pet Rent: $25 a month per pet
Pet Deposit: $500 for first pet. $250 for second pet
427 SE Kelly Ave #5, Gresham, OR 97080 is a 1 bedroom, 1 bathroom, 550 sqft multi-family in Historic Southeast, built in 1963. More recently, it was listed as a rental in August 2025 with an asking price of $1,075 per month. That rental listing was removed on August 13, 2025. This property is not currently displayed as for sale or rent on Trulia. The Trulia Estimate is $346,900, with a rent estimate of $1,293/month.

Home Details for 427 SE Kelly Ave #5

Interior Features

Heating & Cooling
Heating: Electric, BaseboardHeating Fuel: Electric
Appliances & Utilities
Refrigerator

Property Information

Year Built
Year Built: 1963
Property Type / Style
Property Type: Multi Family

Rental Terms, Policies & Fees

Lease Term: Contact For DetailsAvailable: now

Exterior Features

Parking & Garage
Parking: Off Street Other On Street, On Site

Comparable Sales for 427 SE Kelly Ave #5

Address
Distance
Property Type
Sold Price
Sold Date
Bed
Bath
Sqft
0.31
Multi-Family Home
$535,000
06/08/26
4
2
1,802 sqft
0.38
Multi-Family Home
$507,500
10/01/25
4
2
1,664 sqft
0.48
Multi-Family Home
$489,000
10/06/25
4
2
1,612 sqft
0.12
Multi-Family Home
$530,000
06/26/26
6
6
2,454 sqft
0.44
Multi-Family Home
$850,000
05/19/26
4
4
2,164 sqft
0.81
Multi-Family Home
$465,000
02/20/26
4
2
1,728 sqft
0.67
Multi-Family Home
$590,000
03/26/26
5
3
3,625 sqft
0.79
Multi-Family Home
$520,000
08/03/26
5
3
1,872 sqft
0.81
Multi-Family Home
$465,000
02/20/26
2
1,728 sqft
0.83
Multi-Family Home
$564,000
11/21/25
5
4
2,352 sqft

Nearby homes

Get a sense of prices in the area by checking nearby homes.
Skip to last item
Skip to first item

Rental Market Trends in Historic Southeast

Last updated Sep 2026
Trulia Rent Estimate$1,293/mo
Average rent
$2.4K
$800
MoM
Available listings
5
View rental market trends in Gresham, OR

Neighborhood Overview

Neighborhood stats provided by third party data sources.

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

  • 62 % 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

Sourced by Trulia users. Learn more about our methodology.
  • Trulia User
    "This is a nice area of Gresham… Most people think of Rockwood when you say Gresham… It’s quite the opposite. Lower crime, friendly neighbors and pride of ownership."
  • Trulia User
    "The dog parks, there’s a couple of them around there. And people pick up after their animals at the park they just don’t do it on the streets. "
  • Trulia User
    "Uhhh the neighbors were friendly but overall it’s not a safe neighborhood to be in until you walk really deep into the neighborhood and not much of a safe place for children. I never saw kids playing outside and only saw two people ever walk their dogs. Just overall, there are better places."
  • Pedalsteel
    "National Night Out, Farmers Market, Movie Nights in the Park, Concerts in the Park, Community Clean up in the Park"
  • Pedalsteel
    "Easy access to downtown and public transit, walking distance to restaurants, bars, movie theater and skate park. "
  • Pedalsteel
    "Great historic neighborhood with friendly folks, and close to downtown for restaurants, bars, and movie theater!"
  • Pedalsteel
    "Close proximity to historic downtown Gresham. We can walk to bars, restaurants, or catch a movie at the theater... all within a 5 minute walk. "

LGBTQ Local Legal Protections

Price and Tax history

DateEventPrice
Aug 13, 2025
Source: Zillow Rentals
ListingRemoved
$1,075
Aug 9, 2025
Source: Zillow Rentals
Listed For Rent
$1,075

Frequently asked questions about 427 SE Kelly Ave #5

  • What is 427 SE Kelly Ave #5 estimated to be worth?
    Trulia's estimated value for 427 SE Kelly Ave #5 in Gresham, OR is $346,900.
  • 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 Historic Southeast neighborhood?
    Residents describe the Historic Southeast neighborhood in Gresham, OR as pedestrian-friendly, well-kept, and easy to park in. See recently sold homes in Historic Southeast, Gresham.
  • Does 427 SE Kelly Ave #5 have parking?
    Yes, 427 SE Kelly Ave #5 in Gresham, OR has on-site parking.

Homes for rent near 427 SE Kelly Ave #5

Skip to last item
Skip to first item

Affordability

TIP:Try to keep your rent within a third of your gross household income. Learn why in our Renter's Guide.
For this property
PER YEAR
is the suggested income
Win over prospective landlords with your smart budgeting. As a good rule of thumb, ideally you would have at least three times your monthly rent in combined household income.
Skip to last item
  • Results are loading
Skip to first item