516 SE 5th St, Gresham, OR 97080
Property image
Property image
OFF MARKET

$444,800

Trulia Estimate
  • 3 Beds
  • 2 Baths
  • 1,337 sqft

516 SE 5th St, Gresham, OR 97080

Historic Southeast
Est. Refi. Payment $2,880/mo*
Refinance Your Home
Currently Off Market - Sold Aug 11, 2023 for $450,000

Home Value

Trulia Estimate
$445K
Since last month
Decreased$3K (-0.7%)
Since last year
Decreased$2K (-0.3%)
Since last sale
Decreased$5K (-1.1%)
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 +76% in the last 10 years
MonthEstimated value
2026
September 2026$445K
August 2026$448K
July 2026$451K
June 2026$455K
May 2026$455K
April 2026$454K
March 2026$450K
February 2026$445K
January 2026$437K
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
0.14
Single-Family Home
$370,000
05/12/26
3
2
1,484
0.20
Single-Family Home
$400,000
11/25/25
3
2
1,296
0.34
Single-Family Home
$440,000
09/16/26
3
2
1,226
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
0.37
Single-Family Home
$569,000
03/20/26
3
2
1,510
0.58
Single-Family Home
$450,000
03/03/26
3
2
1,280
0.12
Single-Family Home
$585,000
10/06/25
5
3
2,646

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
0.07
$249,000
2
1
885
Off Market
0.04
$650,000
3
2
1,892
For Sale
0.10
$385,300
2
1
1,951
Off Market
0.09
$480,100
4
1
2,336
Off Market
0.08
$386,100
2
1
892
Off Market
0.12
$375,000
2
1
792
Recently Sold
0.08
$540,500
3
2
2,294
Off Market
0.12
$446,100
3
3
2,164
Off Market
0.12
$429,700
3
1
1,526
Off Market
0.12
$583,600
5
3
2,646
Off Market
0.13
$447,500
3
2
1,152
Off Market

Local Information

  • Map ViewExplore the area around 516 SE 5th St.
  • Schools1 Elementary School1 Middle School1 High School
  • Shop & Eat
-- mins to
Commute Destination

Home Highlights

Single-Family Home
Built in 1947
1,337 sqft
$333/sqft
Garage

About this House

What's unique:Gas fireplaceFenced yardTool shedRv parkingCute shopsCoved archways
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. This property is not currently displayed as for sale or rent on Trulia. The Trulia Estimate is $444,800, with a rent estimate of $2,743/month.
Last check for updates: about 6 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

Interior Features

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

Exterior Features

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

Days on Market

Cumulative Days on Market: 3

Property Information

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

Price & Status

Price
List Price: $425,000
Status Change & Dates
Off Market Date: Sun Jul 23 2023

Active Status

MLS Status: Sold

Location

Direction & Address
City: GreshamCommunity: Historic Gresham
School Information
Elementary School: East GreshamJr High / Middle School: Dexter MccartyHigh School: Gresham

Building

Building Area
Building Area: 1337 Square Feet

Community

Not Senior Community

HOA

No HOA

Lot Information

Lot Area: 6098.4 sqft

Offer

Listing Terms: Cash, Conventional, FHA, VA Loan

Miscellaneous

Mls Number: 23479901Attribution Contact: 503-522-1691

Price and Tax history

DateEventPrice
Aug 11, 2023
Source: RMLS (OR) #23479901
Sold
$450,000
Jul 23, 2023
Source: RMLS (OR) #23479901
Pending
$425,000
Jul 20, 2023
Source: RMLS (OR) #23479901
Listed For Sale
$425,000
Aug 18, 2020
Source: Agent Provided
ListingRemoved
$1,750
Jul 31, 2020
Source: Agent Provided
Listed For Rent
$1,750

Market trends in Gresham

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

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 Greshamโ€ฆ Most people think of Rockwood when you say Greshamโ€ฆ Itโ€™s quite the opposite. Lower crime, friendly neighbors and pride of ownership."
  • Trulia User
    "The dog parks, thereโ€™s a couple of them around there. And people pick up after their animals at the park they just donโ€™t do it on the streets. "
  • Trulia User
    "Uhhh the neighbors were friendly but overall itโ€™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

The content relating to real estate for sale on this web site comes in part from the IDX program of the RMLSโ„ข of Portland, Oregon. Real estate listings held by brokerage firms other than Zillow, Inc. are marked with the RMLSโ„ข logo, and detailed information about these properties includes the names of the listing brokers. Listing content is copyright ยฉ 2026 RMLSโ„ข, Portland, Oregon. This content last updated on 2026-09-28 23:39:15 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.

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 $444,800.
  • 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 $459K. That is down $7.37K 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.

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