$390,000

240 NE 5th St Gresham, OR 97030

$4,631
Closing credit¹
3 beds
3 full
1,746 sqft
0.06 acres
$223 / sqft
Townhouse

Property details

About 240 NE 5th St

**MOTIVATED SELLERS!** Experience upscale living in the heart of Historic Downtown Gresham! This beautifully maintained townhome offers a spacious and inviting layout and features a large living area with a cozy gas fireplace and a chef-inspired kitchen complete with newer appliances, under-cabinet lighting, and a breakfast bar. Enjoy three full bathrooms, and a vaulted primary suite with its own fireplace, walk-in closet, loft space, and private covered balcony. The main level includes a versatile office/den that can function as a third bedroom. Step out onto the oversized deck—perfect that is already plumbed for gas and great for entertaining. Additional highlights includes a 2-car garage with 50 amp 220 volt circuit, easy conversion for electric car charger, central vacuum plumbing, and abundant storage throughout. Entire South side of building will have a fresh coat of paint in the coming weeks. All of this just one block from the vibrant Gresham Arts Plaza, offering a weekend farmers market, splash pad, and open green space that is perfect for relaxing or gathering with the community.

Highlights

Home typeTownhouse
HeatingForced Air
StatusActive
CoolingCentral Air
Size1,746 sqft
Lot size0.06 Acres
Year built1996
ParkingStreet Parking
MLS #182574060
Attached garage2 spaces
FireplaceGas Fireplace
ViewCity

Virtual tour

Summary

  • Full Bathrooms: 3
  • Appliances: Dishwasher, Range, Refrigerator, Microwave
  • Flooring Type: Tile
  • Interior: High Ceilings, Jetted Tub, Laundry, Plumbed For Central Vacuum, Quartz, Vaulted Ceiling(s), Wall to Wall Carpet
  • Fireplace: Gas Fireplace
  • Total Bedroom Count: 3
  • Garage Space: 2 spaces
  • Attached Garage: Yes
  • Parking: Street Parking
  • View: City
  • Exterior: Patio
  • Architectural Style: 2 Story, Townhouse
  • Heating: Forced Air
  • Cooling: Central Air
  • List Price: $390,000
  • Price/SqFt: $223
  • HOA Amount: $419 Monthly
  • Annual Tax Amount: $5,409
  • Tax Year: 2023
  • Lot: Level
  • Directions: E Powell or Division to Roberts or Hood to home (easy parking right in the front)
  • Year Built: 1996
  • Stories: 2
  • Living Area: 1,746 SqFt
  • Lot Size: 0.06 Acres
  • MLS Number: 182574060
  • MLS Name: Regional Multiple Listing Service, Inc.
  • Office Name: Redfin
  • Office Phone: (503) 496-7620
  • Listing Agent: William Grzebyk

IDXThe 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 another brokerage firm are marked with the RMLS logo, and detailed information about these properties includes the names of the listing brokers. Listing content is copyright © 2025 Regional Multiple Listing Service, Inc. (RMLS™) Portland, Oregon.

The information on this web site is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. We are not responsible or liable for misinformation, misprints, or typographical errors. All information provided is deemed reliable but is not guaranteed and should be independently verified through personal inspection by and/or with the appropriate professionals. Properties subject to prior sale, change, withdrawal or rental. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 6/8/2025, 4:37:43 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

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240 NE 5th St, Gresham, OR 97030 - multi unit property with a balcony, driveway, and a garage

$390,000

240 NE 5th St

$4,631

closing credit¹

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Seller rebate

0.5% sale price²

Price information

Property sales

DateEventPrice
Nov 22, 2021
Home Sold
$399,900
Aug 02, 2007
Home Sold
$280,000
Jul 01, 2004
Home Sold
$220,000
Jun 27, 1997
Home Sold
$205,900

Tax history

YearAssessmentProperty Tax
2023$287,310$5,409
2022$278,950$5,258
2021$270,830$5,258
2020$262,950$5,125
2018$247,870$4,478
2017$240,660$4,296

History based on county public records data.

Nearby schools

6

East Gresham Elementary School

Public District KG-5

0.7 mi

900 SE 5th St

6

Gresham Arthur Academy

Public Charter KG-5

0.8 mi

1890 NE Cleveland Ave

1

Highland Elementary School

Public District KG-5

0.9 mi

295 NE 24th St

School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.

All data from GreatSchools

Neighborhood

The neighbors living near this home have an average income of $41,727. The majority of Gresham, OR residents have income between $35k-100k annually. The most common type of family is single, no kids. Most residents in this area have post secondary degree education.

How much money do the neighbors make?

43%
<35k
44%
35k-100k
13%
100k-200k
0%
200k+

What level of education do the neighbors have?

High School Diploma
Post Secondary Degree
Masters Degree
Doctorate

What types of families live nearby?

50%
Single, No Kids
20%
Single, with Kids
15%
Married, No Kids
15%
Married, with Kids

Are the neighbors home owners or renters?

Home Owners
Renters

How old are people in this area?

20%
<11 yrs old
6%
12-17 yrs old
34%
18-34 yrs old
33%
35-64 yrs old
7%
65+ yrs old

What do the neighbors do for fun?

  • Pro BoxingPro Boxing
  • Major League Soccer (MLS)Major League Soccer (MLS)
  • Mexican League SoccerMexican League Soccer

Where do the neighbors shop?

  • H&MH&M
  • BurlingtonBurlington
  • Foot LockerFoot Locker

Where do the neighbors go to eat?

  • Boston MarketBoston Market
  • White CastleWhite Castle
  • PopeyesPopeyes

What do the neighbors drive?

  • HondaHonda
  • KiaKia
  • NissanNissan

What do the neighbors listen to?

  • Rhythmic Contemporary HitsRhythmic Contemporary Hits
  • Urban Adult ContemporaryUrban Adult Contemporary
All data provided by Home Junction and Claritas

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Frequently asked questions

About 240 NE 5th St

The listing price of 240 NE 5th St property is $390,000.

The property 240 NE 5th St is a townhouse located in Gresham, Oregon, 97030.

Active Listing: 240 NE 5th St is For Sale (Active/New) which means the seller is accepting offers.

The nearby schools for 240 NE 5th St are: East Gresham Elementary School (GreatSchools Rating 6/10), Gresham Arthur Academy (GreatSchools Rating 6/10), Highland Elementary School (GreatSchools Rating 1/10), Dexter McCarty Middle School (GreatSchools Rating 2/10), Gordon Russell Middle School (GreatSchools Rating 4/10), Clear Creek Middle School (GreatSchools Rating 3/10), Gresham High School (GreatSchools Rating 3/10), Metro East Web Academy (GreatSchools Rating 5/10), Springwater Trail High School (GreatSchools Rating 8/10).

According to the records, the last property tax for 2023 is $5,409 (source: MLS/based on county public records data).

The last sale was on November 22, 2021 for $399,900 (source: MLS/tax record).

The property at 240 NE 5th St has 3 bedrooms and 3 bathrooms.

The property 240 NE 5th St is 1,746 SqFt (source: MLS/tax record).

The year of construction for 240 NE 5th St is 1996.

This home is located at 240 NE 5th St in Gresham, OR and zip code 97030 in the Oneonta neighborhood. This 1,746 square foot home, which was built in 1996, sits on a 0.06 acre lot. Features: 3 bedrooms, 3 bathrooms. It has been listed on Rocket Homes since April 17, 2025 and is currently priced at $390,000.

Gresham, OR housing market in May 2025 saw over 25 listings sold above listed price, more than 22 sold at listed price and over 21 sold below. In May 2025 in Gresham, OR there were 16.6% more homes for sale than in April. Listings spent 56 days on the market in May 2025, and had a median list price of $482,653 during the same period.

From Rocket Homes Real Estate and based on county public records data.

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