516 SE 5th St
Gresham, OR 97080
Historic Southeast- 3 Beds
- 2 Baths
- 1,337 sqft
3 Beds
2 Baths
1,337 sqft
Local Information
-- mins to
Home Highlights
Property Type
Single-Family Home
Year Built
1947
Living Area
1,337 sqft
Price/Sqft
$337
Parking
Garage
About this House
Perfectly located bungalow near Historic Downtown Gresham! Tucked away in a quiet neighborhood only blocks from all the cute shops and restaurants. Well loved and cared for, this home is move in ready. Large primary suite has vaulted ceilings, french doors and walk-in shower. 1947 charm with hardwood floors, coved archways, gas fireplace and big picture window. Updated utilities, new interior paint, fenced yard, tool shed and RV parking. Patio is perfect for entertaining with built in fire pit and deck. Great house for multi-generation living too. Only blocks to the new elementary and middle school. Walk to the Saturday farmer's market, movie theater, ice cream or parks. Settle in before school starts! Open House Saturday 11-1pm!
516 SE 5th St, Gresham, OR 97080 is a 3 bedroom, 2 bathroom, 1,337 sqft single-family home in Historic Southeast, built in 1947. It last sold for $450,000 on Aug 11, 2023 (6% above the $425,000 asking price). More recently, it was listed as a rental in July 2020 with an asking price of $1,750 per month. That rental listing was removed on August 18, 2020. It is currently off market. The Trulia Estimate is $451,200, with a rent estimate of $2,499/month.
Last check for updates: about 10 hours ago
Listed by Reg Martocci, (503) 522-1691
Wood Land Realty
Teri Toombs, (503) 522-1691
Wood Land Realty
Bought with: Sean Brochin, (503) 349-3680, Portlandia Properties, LLC
Source: RMLS (OR), MLS#23479901

Home Details for 516 SE 5th St
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MLS Status: Sold |
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Interior Details Basement: Crawl SpaceNumber of Rooms: 5Types of Rooms: Master Bedroom, Bedroom 2, Bedroom 3, Kitchen, Living Room |
Beds & Baths Number of Bedrooms: 3Number of Bathrooms: 2Number of Bathrooms (full): 2Number of Bathrooms (main level): 2 |
Dimensions and Layout Living Area: 1337 Square Feet |
Appliances & Utilities Appliances: Disposal, Free-Standing Range, Free-Standing Refrigerator, Stainless Steel Appliance(s), Washer/Dryer, Gas Water HeaterDisposal |
Heating & Cooling Heating: Forced Air,Fireplace(s)No CoolingHas HeatingHeating Fuel: Forced Air |
Fireplace & Spa Number of Fireplaces: 1Fireplace: Gas, OutsideHas a Fireplace |
Gas & Electric Gas: Gas |
Windows, Doors, Floors & Walls Door: French DoorsFlooring: Hardwood |
Levels, Entrance, & Accessibility Stories: 1Levels: OneFloors: Hardwood |
View No View |
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Exterior Home Features Roof: CompositionPatio / Porch: Deck, PatioFencing: FencedOther Structures: RVParking, ToolShedExterior: Fire Pit, YardFoundation: Concrete Perimeter |
Parking & Garage No CarportNo GarageNo Attached GarageHas Open ParkingParking: Driveway,Off Street,RV Access/Parking,Converted Garage |
Frontage Road Surface Type: Paved |
Water & Sewer Sewer: Public Sewer |
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Cumulative Days on Market: 3 |
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Year Built Year Built: 1947 |
Property Type / Style Property Type: ResidentialProperty Subtype: Residential, Single Family ResidenceArchitecture: Bungalow |
Building Construction Materials: Wood SidingNot a New ConstructionNot Attached Property |
Property Information Condition: ResaleParcel Number: R339185 |
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Price List Price: $425,000 |
Status Change & Dates Off Market Date: Sun Jul 23 2023 |
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Direction & Address City: GreshamCommunity: Historic Gresham |
School Information Elementary School: East GreshamJr High / Middle School: Dexter MccartyHigh School: Gresham |
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Building Area Building Area: 1337 Square Feet |
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Not Senior Community |
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No HOA |
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Lot Area: 6098.4 sqft |
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Listing Terms: Cash, Conventional, FHA, VA Loan |
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Mls Number: 23479901Attribution Contact: 503-522-1691 |
Price History for 516 SE 5th St
| Date | Price | Event | Source |
|---|---|---|---|
| 08/11/2023 | $450,000 | Sold | RMLS (OR) #23479901 |
| 07/23/2023 | $425,000 | Pending | RMLS (OR) #23479901 |
| 07/20/2023 | $425,000 | Listed For Sale | RMLS (OR) #23479901 |
| 08/18/2020 | $1,750 | ListingRemoved | Agent Provided |
| 07/31/2020 | $1,750 | Listed For Rent | Agent Provided |
| 12/28/2018 | $1,695 | ListingRemoved | Agent Provided |
| 12/19/2018 | $1,695 | Listed For Rent | Agent Provided |
| 10/04/2018 | $299,900 | ListingRemoved | Agent Provided |
| 08/09/2018 | $299,900 | PriceChange | Agent Provided |
| 07/11/2018 | $314,900 | Listed For Sale | Agent Provided |
| 03/14/2015 | $1,295 | ListingRemoved | Agent Provided |
| 03/12/2015 | $1,295 | Listed For Rent | Agent Provided |
| 11/15/2012 | $1,195 | ListingRemoved | Agent Provided |
| 11/09/2012 | $1,195 | PriceChange | Agent Provided |
| 10/17/2012 | $1,295 | Listed For Rent | Agent Provided |
| 10/30/2009 | $171,500 | Sold | N/A |
| 09/29/2009 | $176,000 | PriceChange | Agent Provided |
| 06/26/2009 | $179,900 | PriceChange | Agent Provided |
| 06/18/2009 | $184,000 | PriceChange | Agent Provided |
| 06/05/2009 | $189,900 | PriceChange | Agent Provided |
| 05/22/2009 | $194,500 | PriceChange | Agent Provided |
| 04/26/2009 | $197,000 | PriceChange | Agent Provided |
| 01/12/2009 | $202,000 | PriceChange | Agent Provided |
| 11/27/2008 | $208,000 | PriceChange | Agent Provided |
| 10/24/2008 | $212,500 | PriceChange | Agent Provided |
| 10/09/2008 | $217,900 | Listed For Sale | Agent Provided |
| 09/24/1997 | $98,000 | Sold | N/A |
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 | 2025 |
|---|---|
| Tax | $3,373 |
| Assessment | $379,290 |
Home facts updated by county records
Comparable Sales for 516 SE 5th St
Address | Distance | Property Type | Sold Price | Sold Date | Bed | Bath | Sqft |
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0.14 | Single-Family Home | $370,000 | 05/12/26 | 3 | 2 | 1,484 | |
0.05 | Single-Family Home | $450,000 | 12/17/25 | 3 | 2 | 1,522 | |
0.33 | Single-Family Home | $449,900 | 09/25/25 | 3 | 2 | 1,400 | |
0.20 | Single-Family Home | $400,000 | 11/25/25 | 3 | 2 | 1,296 | |
0.24 | Single-Family Home | $430,000 | 09/05/25 | 3 | 2 | 1,340 | |
0.40 | Single-Family Home | $435,000 | 05/08/26 | 3 | 2 | 1,337 | |
0.25 | Single-Family Home | $430,000 | 11/25/25 | 3 | 3 | 1,602 | |
0.37 | Single-Family Home | $425,000 | 10/10/25 | 3 | 2 | 1,562 | |
0.29 | Single-Family Home | $254,500 | 04/16/26 | 3 | 2 | 1,120 |
Nearby homes
Get a sense of prices in the area by checking nearby homes.Assigned Schools
These are the assigned schools for 516 SE 5th St.
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
Apartments for Rent
Homes for sale near 516 SE 5th St
Off Market Homes Near 516 SE 5th St
Frequently asked questions about 516 SE 5th St
- What is 516 SE 5th St estimated to be worth?Trulia's estimated value for 516 SE 5th St in Gresham, OR is $451,200.
- What is the price history for 516 SE 5th St?516 SE 5th St in Gresham, OR last sold for $450,000 in August 2023.
- 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 up $1.33K from the prior month.
- Does 516 SE 5th St have laundry facilities?Yes, 516 SE 5th St in Gresham, OR has laundry facilities.
- Does 516 SE 5th St have a yard?Yes, 516 SE 5th St in Gresham, OR has a yard.

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 2026-08-10 18:54:15 PDT. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.
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