$400,000

240 NE 5th St Gresham, OR 97030

$4,750
Closing credit¹
3 beds
3 full
1,746 sqft
0.06 acres
$229 / sqft
Townhouse

Property details

About 240 NE 5th St

Experience upscale living in the heart of Historic Downtown Gresham! This beautifully maintained townhome offers a spacious and inviting layout, featuring 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, a vaulted primary suite with its own fireplace, walk-in closet, loft space, and a private covered balcony. The main level includes a second bedroom and a versatile office/den with hardwood floors that could easily function as a third bedroom. Step out onto the oversized deck—perfect for entertaining and already plumbed for gas. Additional highlights include a 2-car garage, central vac plumbing, and abundant storage throughout. All of this just one block from the vibrant Gresham Arts Plaza, offering a weekend farmers market, splash pad, and open green space 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

Virtual tour

Summary

  • 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: 4/19/2025, 5:20:52 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

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view of front of house with stone siding and a balcony

$400,000

240 NE 5th St

$4,750

closing credit¹

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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. Most Gresham, OR residents have annual incomes between $35k-100k. The most common type of family is single, no kids. Typical level of education for residents in this area is post secondary degree.

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

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 $400,000.

Gresham, OR housing market in March 2025 saw over 23 listings sold above listed price, more than 18 sold at listed price and over 14 sold below. The inventory of homes for sale in Gresham, OR between February and March 2025 increased by 22.7%. In March 2025, listings were on the market for 78 days. During the same period, the median list price in this real estate market was $484,581.

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

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