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

$499,000

  • 3 Beds
  • 3 Baths
  • 1,685 sqft

5 SE 48th Ter, Gresham, OR 97080

Gresham Butte
Est. Mortgage $3,157/mo*
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Home Highlights

Single-Family Home
Built in 1999
$296/sqft
2 Car Garage

Local Information

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

About this House

What's unique:Wood-burning fireplaceFully fenced backyardWalk-in closetCozy family roomAbundant natural lightStainless-steel appliances
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!
Last check for updates: about 12 hours 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

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: Luxury Vinyl Plank, Tile, Wall to Wall Carpet
Levels, Entrance, & Accessibility
Stories: 2Levels: TwoAccessibility: Garage On Main, Utility Room On Main, AccessibilityFloors: Luxury Vinyl Plank, 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: 120

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

Active Status

MLS Status: Active

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

Around this home

Neighborhood Overview

Gresham Butte
See Local Highlights
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."
    1
    Flag
  • 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 "
    0
    Flag
  • Fessler5066
    "Incredible family neighborhood! Safe and with a cul de sac. School bus picks up at Main Street just around the corner. "
    1
    Flag
  • 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."
    1
    Flag
  • S D.
    "Fairly close to Powell, Division, & Burnside. These lead to most places in the area. 5 minutes to Downtown Gresham."
    0
    Flag
  • 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."
    1
    Flag
  • Lorri W. M.
    "The commute from anywhere is getting longer and more frustrating. Portland has not updated the infrastructure to accommodate the population growth. "
    0
    Flag
  • 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. "
    0
    Flag
  • 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!"
    3
    Flag
  • Mary M.
    "Quiet cul-de-sac, friendly neighbors, flat for scenic walking, close in to town and shopping."
    2
    Flag

Market trends in Gresham

Last updated August 2026
Buyer'sMarketSeller'sMarket
Avg. sale price
$459K
$7.37KMoM
Sale-to-List Price
100.0%
Price per sq ft
$274
$2MoM
Available listings
370
4MoM

Home Value

Trulia Estimate
$497K
Since last month
Increased$3K (+0.5%)
Since last year
Decreased$18K (-3.5%)
Since last sale
Decreased$5K (-1%)
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 +57% in the last 10 years
MonthEstimated value
2026
September 2026$497K
August 2026$495K
July 2026$495K
June 2026$496K
May 2026$504K
April 2026$517K
March 2026$514K
February 2026$511K
January 2026$504K
2025
2024
2023
2022
2021
2020
2019
2018
2017
2016

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
4888 SE Antelope Hills Dr, Gresham, OR
0.07
Single-Family Home
$499,000
09/30/25
3
3
1,633
723 SW 49th Dr, Gresham, OR
0.10
Single-Family Home
$694,000
06/11/26
4
3
1,991
614 SW 49th Dr, Gresham, OR
0.07
Single-Family Home
$572,300
08/11/26
3
2
1,482
43 SE 46th Dr, Gresham, OR
0.17
Single-Family Home
$639,000
06/12/26
4
3
2,150
308 SW 38th Loop, Gresham, OR
0.47
Single-Family Home
$558,545
10/31/25
4
3
2,543
350 SW 37th Ter, Gresham, OR
0.50
Single-Family Home
$655,000
04/22/26
3
3
2,497
179 SE 46th Dr, Gresham, OR
0.26
Single-Family Home
$684,000
03/03/26
4
4
3,971
629 SW 49th Dr, Gresham, OR
0.07
Single-Family Home
$699,000
12/04/25
3
3
1,991
4296 SE Augusta Loop, Gresham, OR
0.28
Single-Family Home
$810,000
08/05/26
4
3
3,059
841 SW 49th Dr, Gresham, OR
0.17
Single-Family Home
$855,000
02/27/26
5
4
3,199

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
4757 SE Antelope Hills Dr, Gresham, OR 97080
0.04
$536,700
5
3
2,209
Off Market
607 SW 49th Dr, Gresham, OR 97080
0.05
$624,800
3
2
1,814
Off Market
4709 SE Antelope Hills Dr, Gresham, OR 97080
0.08
$574,700
5
3
2,171
Off Market
4732 SE Antelope Hills Dr, Gresham, OR 97080
0.07
$572,500
5
3
2,191
Off Market
609 SW 49th Dr, Gresham, OR 97080
0.06
$707,900
3
2
2,272
Off Market
4948 SW Day Ln, Gresham, OR 97080
0.06
$829,100
3
2
3,097
Off Market
605 SW 49th Dr, Gresham, OR 97080
0.06
$651,800
3
2
2,272
Off Market
4818 SE Antelope Hills Dr, Gresham, OR 97080
0.05
$625,000
5
3
2,223
For Sale
7 SE 49th Cir, Gresham, OR 97080
0.05
$455,900
3
2
1,324
Off Market
629 SW 49th Dr, Gresham, OR 97080
0.07
$699,000
3
2
1,991
Recently Sold
647 SW 49th Dr, Gresham, OR 97080
0.08
$828,300
4
3
3,182
Off Market

Price and Tax history

DateEventPrice
May 28, 2026
Source: RMLS (OR) #112454264
Listed For Sale
$499,000
Mar 13, 2024
Source: RMLS (OR) #24332262
Sold
$502,000
Feb 22, 2024
Source: RMLS (OR) #24332262
Pending
$500,000
Feb 19, 2024
Source: RMLS (OR) #24332262
Listed For Sale
$500,000
Apr 6, 2018
Source: RMLS (OR) #18239547
Sold
$352,000

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 2026-09-23 10:57:07 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.

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Frequently asked questions about 5 SE 48th Ter

  • What is the estimated monthly payment for 5 SE 48th Ter?
    Based on a $499,000 list price with 20% down at today's rates, the estimated monthly payment for 5 SE 48th Ter in Gresham, OR is approximately $3,231 (about $2,757 principal & interest, $399 property taxes, and $75 homeowner's insurance). This is an estimate. Actual payment depends on your loan terms.
  • How does the list price for 5 SE 48th Ter compare to homes in Gresham?
    5 SE 48th Ter in Gresham, OR is listed at $499,000, about 9% above the $459K median sale price in Gresham.
  • What do residents say about the Gresham Butte neighborhood?
    Residents describe the Gresham Butte neighborhood in Gresham, OR as pedestrian-friendly, easy to park in, and dog-friendly. See homes for sale in Gresham Butte, Gresham.
  • What are the closest schools to 5 SE 48th Ter?
    The closest schools to 5 SE 48th Ter in Gresham, OR are Dexter McCarty Middle School (rated 3/10), Gresham High School (rated 4/10), Hogan Cedars Elementary School (rated 5/10).
  • Does 5 SE 48th Ter have air conditioning?
    Yes, 5 SE 48th Ter in Gresham, OR has air conditioning.
  • Does 5 SE 48th Ter have laundry facilities?
    Yes, 5 SE 48th Ter in Gresham, OR has laundry facilities.
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.