5 SE 48th Ter, Gresham, OR 97080
FOR SALE

5 SE 48th Ter
Gresham, OR 97080

Gresham Butte
  • 3 Beds
  • 3 Baths
  • 1,685 sqft

$499,000

Est. Mortgage $2,966/mo*

$499,000

Est. Mortgage $2,966/mo*
3 Beds
3 Baths
1,685 sqft
We estimate this home will sell faster than 95% nearby.

Local Information

  • Map ViewExplore the area around 5 SE 48th Ter.
  • Schools1 Elementary School1 Middle School1 High School
  • Shop & Eat
-- mins to
Commute Destination

Description

This move-in ready 3-bedroom home blends comfort, functionality, and welcoming living spaces. The main floor is designed with an open-concept layout that feels bright and welcoming thanks to abundant natural light and vaulted/high ceilings. It’s an ideal setup for both everyday living and entertaining guests. The vaulted living area gives an airy and inviting first impression and flows seamlessly into the kitchen and dining space. The kitchen serves as the heart of the home, featuring quartz countertops, an island for gathering or meal prep, and stainless-steel appliances. Just off the kitchen and dining area is a cozy family room with plush carpeting and a wood-burning fireplace, creating a warm and comfortable space to relax. Step outside from the dining room into the fully fenced backyard — perfect for outdoor dining, gardening, or weekend gatherings. The yard also includes a shed for additional storage space. Also located on the main floor is a half bath and the laundry closet. Upstairs, you’ll find two bedrooms and a hall bathroom. At the end of the upstairs hallway is the spacious owner’s suite, offering a peaceful retreat with a walk-in closet and natural light. The ensuite bathroom adds a touch of luxury with double sinks and a soaking tub ideal for unwinding at the end of the day. Come take a look and fall in love!
We estimate this home will sell faster than 95% nearby.

Home Highlights

Parking
2 Car Garage
Outdoor
Porch, Deck
A/C
Heating & Cooling
HOA
None
Price/Sqft
$296
Listed
29 days ago
Last check for updates: about 1 hour ago
Listing courtesy of Melita Coyle, (971) 409-5903
eXp Realty, LLC
Source: RMLS (OR), MLS#112454264
Also Listed on eXp Realty.

Home Details for 5 SE 48th Ter

Active Status

MLS Status: Active

Interior Features

Interior Details
Basement: Crawl SpaceNumber of Rooms: 7Types of Rooms: Master Bedroom, Bedroom 2, Bedroom 3, Dining Room, Family Room, Kitchen, Living Room
Beds & Baths
Number of Bedrooms: 3Number of Bathrooms: 3Number of Bathrooms (full): 2Number of Bathrooms (partial): 1Number of Bathrooms (main level): 1
Dimensions and Layout
Living Area: 1685 Square Feet
Appliances & Utilities
Utilities: DSL, Other Internet ServiceAppliances: Dishwasher, Disposal, Free-Standing Range, Free-Standing Refrigerator, Plumbed For Ice Maker, Stainless Steel Appliance(s), Washer/Dryer, Gas Water HeaterDishwasherDisposalLaundry: Laundry Room
Heating & Cooling
Heating: Heat Pump,Fireplace(s)Has CoolingAir Conditioning: Central AirHas HeatingHeating Fuel: Heat Pump
Fireplace & Spa
Number of Fireplaces: 1Fireplace: Wood BurningHas a Fireplace
Gas & Electric
Gas: Gas
Windows, Doors, Floors & Walls
Window: Double Pane Windows, DaylightDoor: Sliding DoorsFlooring: Tile, Wall to Wall Carpet
Levels, Entrance, & Accessibility
Stories: 2Levels: TwoAccessibility: Garage On Main, Utility Room On Main, AccessibilityFloors: Tile, Wall To Wall Carpet
View
Has a ViewView: Seasonal
Security
Security: Entry, Security System Owned, Sidewalk

Exterior Features

Exterior Home Features
Roof: CompositionPatio / Porch: Deck, PorchFencing: FencedOther Structures: ToolShedExterior: Raised Beds, Yard, Exterior EntryFoundation: Concrete Perimeter, Slab
Parking & Garage
Number of Garage Spaces: 2Number of Covered Spaces: 2No CarportHas a GarageHas an Attached GarageHas Open ParkingParking Spaces: 2Parking: Driveway,On Street,Attached
Frontage
Road Surface Type: Paved
Water & Sewer
Sewer: Public Sewer

Days on Market

Days on Market: 29

Property Information

Year Built
Year Built: 1999
Property Type / Style
Property Type: ResidentialProperty Subtype: Residential, Single Family ResidenceArchitecture: Craftsman
Building
Construction Materials: Cement Siding, Wood CompositeNot a New ConstructionNot Attached Property
Property Information
Condition: ResaleParcel Number: R312258

Price & Status

Price
List Price: $499,000Price Per Sqft: $296

Location

Direction & Address
City: Gresham
School Information
Elementary School: Hogan CedarsJr High / Middle School: Dexter MccartyHigh School: Gresham

Agent Information

Listing Agent
Listing ID: 112454264

Building

Building Area
Building Area: 1685 Square Feet

Community

Not Senior Community

HOA

No HOA

Lot Information

Lot Area: 5662.8 sqft

Offer

Listing Terms: Cash, Conventional, FHA, VA Loan

Miscellaneous

Mls Number: 112454264Attribution Contact: 971-409-5903

Market trends in Gresham

Last updated May 2026
Buyer'sMarketSeller'sMarket
Avg. sale price
$465K
$5.67K
MoM
Sale-to-List Price
100.0%
Price per sq ft
$266
$1
MoM
Available listings
315
24
MoM

Price History for 5 SE 48th Ter

DatePriceEventSource
05/28/2026$499,000Listed For SaleRMLS (OR) #112454264
03/13/2024$502,000Sold
RMLS (OR) #24332262
02/22/2024$500,000PendingRMLS (OR) #24332262
02/19/2024$500,000Listed For SaleRMLS (OR) #24332262
04/06/2018$352,000Sold
RMLS (OR) #18239547
02/20/2018$339,900PendingAgent Provided
02/14/2018$339,900Listed For SaleAgent Provided
12/18/2016$1,975ListingRemovedN/A
04/11/2014$650ListingRemovedAgent Provided
04/11/2014$650Listed For RentAgent Provided
04/08/1999$164,990Sold
N/A

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Property Tax and Assessment

Year2025
Tax$5,149
Assessment$500,790
Home facts updated by county records

Comparable Sales for 5 SE 48th Ter

Address
Distance
Property Type
Sold Price
Sold Date
Bed
Bath
Sqft
0.07
Single-Family Home
$499,000
09/30/25
3
3
1,633
0.10
Single-Family Home
$694,000
06/11/26
4
3
1,991
0.11
Single-Family Home
$640,000
07/28/25
4
3
2,388
0.18
Single-Family Home
$630,000
08/08/25
3
2
1,814
0.08
Single-Family Home
$569,900
09/11/25
5
3
2,171
0.17
Single-Family Home
$639,000
06/12/26
4
3
2,150
0.20
Single-Family Home
$690,000
08/22/25
3
3
2,842
0.47
Single-Family Home
$558,545
10/31/25
4
3
2,543
0.50
Single-Family Home
$655,000
04/22/26
3
3
2,497

Nearby homes

Get a sense of prices in the area by checking nearby homes.
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Assigned Schools

These are the assigned schools for 5 SE 48th Ter.
The GreatSchools Rating compares schools on a variety of school quality indicators including test scores, college readiness, equity and more. Learn more.

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

Melita Coyle, eXp Realty, LLC
Agent Phone: (971) 409-5903
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 2026-06-25 13:19:02 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.
5 SE 48th Ter, Gresham, OR 97080 is a 3 bedroom, 3 bathroom, 1,685 sqft single-family home built in 1999. 5 SE 48th Ter is located in Gresham Butte, Gresham. This property is currently available for sale and was listed by RMLS (OR) on May 28, 2026. The MLS # for this home is MLS# 112454264.