$346,900
as of Sep 7, 2026
- 1 Bed
- 1 Bath
- 550 sqft
427 SE Kelly Ave #5, Gresham, OR 97080
Home Highlights
Multi-Family
Built in 1963
550 sqft
$631/sqft
1 Parking Spaces
Local Information
-- mins to
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
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
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Heating & Cooling Heating: Electric, BaseboardHeating Fuel: Electric |
Appliances & Utilities Refrigerator |
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Year Built Year Built: 1963 |
Property Type / Style Property Type: Multi Family |
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Lease Term: Contact For DetailsAvailable: now |
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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.Rental Market Trends in Historic Southeast
Last updated Sep 2026
Trulia Rent Estimate$1,293/mo
Average rent
$2.4K
$800MoM
Available listings
5
Around this home
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.
LGBTQ Local Legal Protections
LGBTQ Local Legal Protections
Price and Tax history
| Date | Event | Price |
|---|---|---|
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
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.

