$360,000
Original price: $399,900
- 3 Beds
- 3 Baths
- 1,515 sqft
653 NW 1st St, Gresham, OR 97030
Est. Mortgage $2,256/mo*
Get Pre-QualifiedHome Highlights
Townhouse
Built in 2004
$238/sqft
1 Car Garage
Local Information
-- mins to
About this House
INVESTMENT OPPORTUNITY! NO HOA! Fantastic 3-bedroom, 2.1-bath townhome offering the combination of an existing rental, desirable features, and no monthly HOA dues. The home is currently rented, and the tenants would like to stay, providing an excellent opportunity for an investor looking for an income-producing property with an established tenant. The open floor plan creates a comfortable and functional living space, complemented by beautiful hardwood floors. The home features newer appliances, including a washer and dryer, along with a newer furnace and water heater. The attached one-car garage provides convenient parking and additional storage. Unlike many townhomes, this property sits on its own land and includes a fenced backyard, offering private outdoor space for relaxing, entertaining, or enjoying the outdoors. The home is attached on one side, providing a townhome-style layout while maintaining the feel of an individual property. Whether you’re an investor looking to add to your portfolio or a future homeowner seeking a property with rental potential, this is an opportunity worth exploring. No HOA means no monthly association dues, adding to the property’s appeal and potential cash flow. Currently rented—please do not disturb the tenants Do not miss this great opportunity!
Last check for updates: about 5 hours ago
Listing courtesy of Gary Horton
RE/MAX Equity Group
Source: RMLS (OR), MLS#479682090

Home Details for 653 NW 1st St
|
|---|
MLS Status: Active |
|
|---|
Interior Details Basement: Crawl SpaceNumber of Rooms: 6Types of Rooms: Master Bedroom, Bedroom 2, Bedroom 3, Dining 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: 1515 Square Feet |
Appliances & Utilities Utilities: Cable Connected, DSLAppliances: Disposal, Free-Standing Range, Free-Standing Refrigerator, Microwave, Plumbed For Ice Maker, Washer/Dryer, Gas Water HeaterDisposalLaundry: Laundry RoomMicrowave |
Heating & Cooling Heating: Forced Air 90No CoolingHas HeatingHeating Fuel: Forced Air 90 |
Fireplace & Spa Number of Fireplaces: 1Fireplace: GasHas a Fireplace |
Gas & Electric Gas: Gas |
Windows, Doors, Floors & Walls Window: Double Pane WindowsFlooring: Slate, Tile, Wall to Wall Carpet, Wood |
Levels, Entrance, & Accessibility Stories: 2Floors: Slate, Tile, Wall To Wall Carpet, Wood |
View Has a ViewView: Trees/Woods |
|
|---|
Exterior Home Features Roof: CompositionPatio / Porch: Patio, PorchFencing: FencedExterior: YardFoundation: Concrete Perimeter |
Parking & Garage Number of Garage Spaces: 1Number of Covered Spaces: 1No CarportHas a GarageHas an Attached GarageHas Open ParkingParking Spaces: 1Parking: Driveway,Garage Door Opener,Attached |
Frontage Road Surface Type: Concrete |
Water & Sewer Sewer: Public Sewer |
|
|---|
Days on Market: 16 |
|
|---|
Year Built Year Built: 2004 |
Property Type / Style Property Type: ResidentialProperty Subtype: Residential, TownhouseStructure Type: TownhouseArchitecture: Townhouse |
Building Construction Materials: Wood SidingNot a New ConstructionAttached To Another Structure |
Property Information Condition: ResaleParcel Number: R517419 |
|
|---|
Price List Price: $360,000Price Per Sqft: $238 |
|
|---|
Direction & Address City: Gresham |
School Information Elementary School: East GreshamJr High / Middle School: Dexter MccartyHigh School: Gresham |
|
|---|
Listing Agent Listing ID: 479682090 |
|
|---|
Building Area Building Area: 1515 Square Feet |
|
|---|
Not Senior Community |
|
|---|
No HOA |
|
|---|
Lot Area: 3484.8 sqft |
|
|---|
Listing Terms: Cash, Conventional, FHA, VA Loan |
|
|---|
Mls Number: 479682090Attribution Contact: garyhorton@remax.net |
Around this home
What Locals Say about Northwest
At least 59 Trulia users voted on each feature.
85 % Say it's dog friendly
82 % Say car is needed
79 % Say there are sidewalks
75 % Say parking is easy
69 % Say it's walkable to restaurants
68 % Say streets are well-lit
65 % Say yards are well-kept
65 % Say kids play outside
62 % Say there's holiday spirit
56 % Say it's quiet
56 % Say people would walk alone at night
51 % Say they plan to stay for at least 5 years
50 % Say neighbors are friendly
48 % Say it's walkable to grocery stores
47 % Say there's wildlife
29 % Say there are community events
Sourced by Trulia users. Learn more about our methodology.
Market trends in Gresham
Last updated August 2026
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
$359KSince last month
Decreased$52K (-12.6%)Since last year
Decreased$50K (-12.2%)Since last sale
Increased$194K (+117.5%)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 +34% in the last 10 years
| Month | Estimated value |
|---|---|
2026 | |
| September 2026 | $359K |
| August 2026 | $411K |
| July 2026 | $417K |
| June 2026 | $419K |
| May 2026 | $422K |
| April 2026 | $419K |
| March 2026 | $413K |
| February 2026 | $410K |
| January 2026 | $409K |
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 |
|---|---|---|---|---|---|---|---|
0.50 | Townhouse | $375,000 | 11/04/25 | 3 | 3 | 1,746 | |
0.49 | Townhouse | $425,000 | 05/15/26 | 3 | 3 | 1,806 | |
0.80 | Townhouse | $310,000 | 04/22/26 | 3 | 3 | 1,376 | |
0.68 | Townhouse | $407,000 | 05/13/26 | 3 | 3 | 1,459 | |
0.91 | Townhouse | $341,500 | 06/30/26 | 3 | 3 | 1,434 | |
0.86 | Townhouse | $439,000 | 04/03/26 | 3 | 3 | 1,891 | |
0.86 | Townhouse | $450,000 | 03/17/26 | 3 | 3 | 1,891 | |
0.93 | Townhouse | $375,000 | 02/17/26 | 3 | 3 | 1,716 | |
0.76 | Townhouse | $317,500 | 04/21/26 | 3 | 3 | 1,387 | |
0.80 | Townhouse | $225,000 | 06/22/26 | 3 | 4 | 1,720 |
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 | $575,000 | 4 | 2 | 3,695 | Recently Sold | |
0.06 | $452,900 | 3 | 2 | 1,546 | Off Market | |
0.10 | $538,000 | 3 | 1 | 1,720 | Recently Sold | |
0.12 | $683,500 | 3 | 3 | 4,151 | Off Market | |
0.12 | $590,000 | 5 | 3 | 3,625 | Recently Sold | |
0.12 | $533,200 | 3 | 2 | 2,484 | Off Market | |
0.12 | - | 3 | 1 | 2,375 | Off Market | |
0.13 | $529,000 | 3 | 2 | 1,769 | For Sale | |
0.13 | $593,800 | 4 | 2 | 2,415 | Off Market | |
0.12 | $529,800 | 3 | 2 | 2,474 | Off Market | |
0.12 | - | 1 | 1 | 470 | Off Market |
Price and Tax history
| Date | Event | Price |
|---|---|---|
Sep 10, 2026 Source: RMLS (OR) #479682090 | PriceChange | $360,000 Price decreased by 10% |
Sep 1, 2026 Source: RMLS (OR) #479682090 | Listed For Sale | $399,900 |
Apr 3, 2025 Source: Zillow Rentals | ListingRemoved | $2,495 |
Mar 22, 2025 Source: Zillow Rentals | PriceChange | $2,495 Price decreased by 4% |
Feb 21, 2025 Source: Zillow Rentals | Listed For Rent | $2,595 |
Jun 9, 2023 Source: Zillow Rentals | ListingRemoved | |
May 31, 2023 Source: Zillow Rentals | Listed For Rent | $2,295 |
Jun 7, 2019 Source: Agent Provided | ListingRemoved | $1,650 |
Jun 6, 2019 Source: Agent Provided | PriceChange | $1,650 Price decreased by 6% |
May 22, 2019 Source: Agent Provided | Listed For Rent | $1,750 |
Mar 1, 2013 Source: RMLS (OR) #13293141 | Sold | $165,000 |
Jan 11, 2008 Source: N/A | Sold | $220,000 |
Apr 14, 2004 Source: N/A | Sold | $160,000 |
| Year | Property tax | Tax assessment |
|---|---|---|
| 2025 | $4,230 | $348,760 |
Home facts updated by county records
LGBTQ Local Legal Protections
LGBTQ Local Legal Protections
Gary Horton, RE/MAX Equity Group

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 2026-09-17 01:04:16 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.
Similar Homes You May Like
New Listings near 653 NW 1st St
Frequently asked questions about 653 NW 1st St
- What is the estimated monthly payment for 653 NW 1st St?Based on a $360,000 list price with 20% down at today's rates, the estimated monthly payment for 653 NW 1st St in Gresham, OR is approximately $2,329 (about $1,966 principal & interest, $288 property taxes, and $75 homeowner's insurance). This is an estimate. Actual payment depends on your loan terms.
- How does the list price for 653 NW 1st St compare to homes in Gresham?653 NW 1st St in Gresham, OR is listed at $360,000, about 22% below the $459K median sale price in Gresham.
- What do residents say about the Northwest neighborhood?Residents describe the Northwest neighborhood in Gresham, OR as dog-friendly, pedestrian-friendly, and easy to park in. See homes for sale in Northwest, Gresham.
- What are the closest schools to 653 NW 1st St?The closest schools to 653 NW 1st St in Gresham, OR are Dexter McCarty Middle School (rated 3/10), East Gresham Elementary School (rated 7/10), Gresham High School (rated 4/10).
- Does 653 NW 1st St have laundry facilities?Yes, 653 NW 1st St in Gresham, OR has laundry facilities.
- Does 653 NW 1st St have a yard?Yes, 653 NW 1st St in Gresham, OR has a yard.

