550 SE 2nd St, Gresham, OR 97080
Property image
Property image
OFF MARKET

$377,000

Trulia Estimate
  • 3 Beds
  • 1 Bath
  • 816 sqft

550 SE 2nd St, Gresham, OR 97080

Historic Southeast
Est. Refi. Payment $2,408/mo*
Refinance Your Home
Currently Off Market - Sold May 7, 2025 for $379,000

Home Value

Trulia Estimate
$377K
Since last month
Decreased$3K (-0.9%)
Since last year
Increased$7K (+1.8%)
Since last sale
Decreased$2K (-0.4%)
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 +70% in the last 10 years
MonthEstimated value
2026
September 2026$377K
August 2026$381K
July 2026$378K
June 2026$379K
May 2026$382K
April 2026$376K
March 2026$377K
February 2026$384K
January 2026$378K
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
420 SE Linden Ave, Gresham, OR
0.15
Single-Family Home
$375,000
03/12/26
2
1
792
200 SE Evelyn Ave, Gresham, OR
0.28
Single-Family Home
$415,000
07/30/26
3
1
912
329 SE Linden Ct, Gresham, OR
0.08
Single-Family Home
$370,000
05/12/26
3
2
1,484
915 NE 4th St, Gresham, OR
0.33
Single-Family Home
$260,000
07/31/26
3
1
916
1175 SE 2nd St, Gresham, OR
0.28
Single-Family Home
$429,900
09/10/26
3
1
1,152
1780 SE 2nd Pl, Gresham, OR
0.53
Single-Family Home
$370,000
05/20/26
3
1
912
245 SE Juniper Ave, Gresham, OR
0.10
Single-Family Home
$400,000
11/25/25
3
2
1,296
280 SE Evelyn Ave, Gresham, OR
0.28
Single-Family Home
$440,000
09/16/26
3
2
1,226

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
231 SE Elliott Ave, Gresham, OR 97080
0.03
$530,000
6
4
2,454
Recently Sold
317 SE Elliott Ave, Gresham, OR 97080
0.06
$447,500
3
2
1,152
Off Market
329 SE Linden Ct, Gresham, OR 97080
0.08
$370,000
3
2
1,484
Recently Sold
220 SE Beech Ave, Gresham, OR 97080
0.07
$389,700
3
1
1,020
Off Market
111 SE Elliott Ave, Gresham, OR 97080
0.06
$350,000
2
1
816
For Sale
635 SE 4th St, Gresham, OR 97080
0.11
$451,100
3
3
2,164
Off Market
245 SE Juniper Ave, Gresham, OR 97080
0.10
$400,000
3
1
1,296
Recently Sold
253-255 SE Beech Ave, Gresham, OR 97080
0.10
-
5
2
2,480
Off Market
410 SE 4th St, Gresham, OR 97080
0.13
$384,900
2
1
892
Off Market
430 SE Elliott Ave, Gresham, OR 97080
0.14
$252,100
2
1
885
Off Market
250 SE Juniper Ave, Gresham, OR 97080
0.13
$425,000
2
2
1,278
For Sale

Local Information

  • Map ViewExplore the area around 550 SE 2nd St.
  • Schools1 Elementary School1 Middle School1 High School
  • Shop & Eat
-- mins to
Commute Destination

Home Highlights

Single-Family Home
Built in 1955
816 sqft
$462/sqft
1 Car Garage

About this House

What's unique:Electrical boxRecent updatesRefinished original hardwood floorsInterior paintRaspberry gardenCarport roof
Priced to Sell! Great opportunity to purchase from a motivated seller who is moving out of state. Located near Historic Downtown Gresham with plenty of shopping and restaurants nearby. Several recent updates including Electrical box, Appliances, Interior Paint, Carport Roof and Refinished Original Hardwood Floors. 1 car garage with attached carport. Exterior provides plenty of room for RV/Boat parking and yard with raised garden beds and Raspberry Garden. Amazing opportunity for both first time home buyers as well as investors! Schedule your showing today!
550 SE 2nd St, Gresham, OR 97080 is a 3 bedroom, 1 bathroom, 816 sqft single-family home in Historic Southeast, built in 1955. It last sold for the $379,000 asking price on May 7, 2025. This property is not currently displayed as for sale or rent on Trulia. The Trulia Estimate is $377,000, with a rent estimate of $2,113/month.
Last check for updates: about 6 hours ago
Listed by Roulette Milhaupt, (971) 295-2521
Realty First
Bought with: Deserie Fernbaugh Daniels, (503) 348-7737, Coldwell Banker Bain
Source: RMLS (OR), MLS#468386039

Home Details for 550 SE 2nd St

Interior Features

Interior Details
Number of Rooms: 6Types of Rooms: Master Bedroom, Bedroom 2, Bedroom 3, Dining Room, Kitchen, Living Room
Beds & Baths
Number of Bedrooms: 3Number of Bathrooms: 1Number of Bathrooms (full): 1Number of Bathrooms (main level): 1
Dimensions and Layout
Living Area: 816 Square Feet
Appliances & Utilities
Appliances: Dishwasher, Free-Standing Gas Range, Free-Standing Refrigerator, Electric Water HeaterDishwasher
Heating & Cooling
Heating: BaseboardNo CoolingHas HeatingHeating Fuel: Baseboard
Windows, Doors, Floors & Walls
Window: Wood FramesFlooring: Hardwood
Levels, Entrance, & Accessibility
Stories: 1Levels: OneFloors: Hardwood
View
Has a ViewView: Territorial

Exterior Features

Exterior Home Features
Roof: CompositionOther Structures: RVParkingExterior: Garden, YardGarden
Parking & Garage
Number of Garage Spaces: 1Number of Covered Spaces: 1Has a CarportHas a GarageHas an Attached GarageParking Spaces: 1Parking: Carport,RV Access/Parking,Attached
Frontage
Road Surface Type: Paved
Water & Sewer
Sewer: Public Sewer

Days on Market

Cumulative Days on Market: 6

Property Information

Year Built
Year Built: 1955
Property Type / Style
Property Type: ResidentialProperty Subtype: Residential, Single Family ResidenceArchitecture: Ranch
Building
Construction Materials: BrickNot a New ConstructionNot Attached Property
Property Information
Condition: ResaleParcel Number: R287185

Price & Status

Price
List Price: $379,000
Status Change & Dates
Off Market Date: Fri Apr 11 2025

Active Status

MLS Status: Sold

Location

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

Building

Building Area
Building Area: 816 Square Feet

Community

Not Senior Community

HOA

No HOA

Lot Information

Lot Area: 5227.2 sqft

Offer

Listing Terms: Call Listing Agent, Cash, Conventional, FHA, USDA Loan, VA Loan

Miscellaneous

Mls Number: 468386039

Price and Tax history

DateEventPrice
May 7, 2025
Source: RMLS (OR) #468386039
Sold
$379,000
Apr 11, 2025
Source: RMLS (OR) #468386039
Pending
$379,000
Apr 5, 2025
Source: RMLS (OR) #468386039
Listed For Sale
$379,000
May 30, 2022
Source: N/A
ListingRemoved
Mar 23, 2022
Source: N/A
PriceChange
$399,950
Price increased by 5%

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

Around this home

Neighborhood Overview

Historic Southeast
See Local Highlights
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 Gresham… Most people think of Rockwood when you say Gresham… It’s quite the opposite. Lower crime, friendly neighbors and pride of ownership."
    0
    Flag
  • Trulia User
    "The dog parks, there’s a couple of them around there. And people pick up after their animals at the park they just don’t do it on the streets. "
    0
    Flag
  • Trulia User
    "Uhhh the neighbors were friendly but overall it’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."
    0
    Flag
  • Pedalsteel
    "National Night Out, Farmers Market, Movie Nights in the Park, Concerts in the Park, Community Clean up in the Park"
    0
    Flag
  • Pedalsteel
    "Easy access to downtown and public transit, walking distance to restaurants, bars, movie theater and skate park. "
    0
    Flag
  • Pedalsteel
    "Great historic neighborhood with friendly folks, and close to downtown for restaurants, bars, and movie theater!"
    0
    Flag
  • 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. "
    0
    Flag

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 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 10:59:03 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 550 SE 2nd St

  • What is 550 SE 2nd St estimated to be worth?
    Trulia's estimated value for 550 SE 2nd St in Gresham, OR is $377,000.
  • What is the price history for 550 SE 2nd St?
    550 SE 2nd St in Gresham, OR last sold for $379,000 in May 2025.
  • 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 550 SE 2nd St have a yard?
    Yes, 550 SE 2nd St in Gresham, OR has a yard.
  • How big is the lot at 550 SE 2nd St?
    The lot at 550 SE 2nd St in Gresham, OR is about 0.12 acres (5,227 sq ft).

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