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653 NW 1ST St

Gresham, OR 97030
  • $340,000
  • STATUS: Active
  • ON SITE: 38 Days
  • MLS #: 479682090
Price Reduced
UPDATED: 23 min ago
$340,000
  • 3
    BEDS
  • 0.08
    ACRES
  • 2
    BATHS
  • 1
    1/2 BATHS
  • 1,515
    SQFT
  • $224
    $/SQFT
Type:
Townhouse
Built:
2004
County:

School Information

Elementary School:
Middle School:
High School:

Description

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!

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Listing content is copyright © 2026 RMLS™, Portland, Oregon. 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 Ladd Group, Cascade Sotheby's International Realty are marked with the RMLS™ logo, and detailed information about these properties includes the names of the listing brokers. Data last updated 2026-10-10T05:00:52.003.Data deemed reliable but not guaranteed. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available. IDX information 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. All information provided is deemed reliable but is not guaranteed accurate by RMLS™ or Ladd Group, Cascade Sotheby's International Realty and should be independently verified.
www.bendpropertysource.com/homes/180746778
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653 NW 1ST St Gresham, OR 97030

  • Price: $340,000
  • Status: Active
  • On Site: 38 Days
  • Updated: 23 min ago
  • MLS #: 479682090
3
Beds
2
Baths
1
½ Baths
0.08
Acres
1,515
SQFT
$224
$/SQFT
2004
Built
Neighborhood:
144-Gresham/Sandy/Troutdale/Corbett
County:
Multnomah
Area:
144-Gresham/Sandy/Troutdale/Corbett
Elementary School:
East Gresham
Middle School:
Dexter Mccarty
High School:
Gresham
Property Description
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!
Exterior Features

Architectural Style Townhouse Attached Garage YN Yes Exterior Description Wood Siding Exterior Features Fenced Patio Porch Yard Foundation Details Concrete Perimeter Garage Type Attached Lot Features Level Parking Features Driveway Parking Total 1 Road Surface Type Concrete Roof Composition View Description Trees Woods View YN Yes

Interior Features

Appliances Disposal Free Standing Range Free Standing Refrigerator Microwave Plumbed For Ice Maker Tile Basement Crawl Space Bathrooms Full Lower Level 0 Bathrooms Full Main Level 0 Bathrooms Full Upper Level 2 Bathrooms Partial Lower Level 0 Bathrooms Partial Main Level 1 Bathrooms Partial Upper Level 0 Cooling YN No Dining Room Level Main Fireplace Features Gas Fireplace YN Yes Fireplaces Total 1 Heating Forced Air90 Heating YN Yes Interior Features Garage Door Opener Laundry Slate Flooring Tile Floor Wallto Wall Carpet Washer Dryer Wood Floors Kitchen11 Level Main Living Room Level Main Lower Level Area Total 0 Main Level Area Total 607 Primary Bedroom Level Upper Second Bedroom Level Upper Third Bedroom Level Upper Upper Level Area Total 908 Window Features Double Pane Windows

Property Features

Association YN No Bank Owned YN No Fuel Description Gas Green Certification YN No Home Warranty YN No Hot Water Description Gas IDXAddress Display YN Yes Internet Service Type Cable DSL Listing Terms Cash Conventional FHA VALoan New Construction YN No Property Attached YN Yes Property Condition Resale Property Sub Type Attached Rent Amount 2495 Senior Community YN No Sewer Public Sewer Short Sale YN No Tax Annual Amount 4230.27 Tax Year 2025 Water Source Public Water

Listing provided courtesy of RE/MAX Equity Group: garyhorton@remax.net.


Listing content is copyright © 2026 RMLS™, Portland, Oregon. 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 Ladd Group, Cascade Sotheby's International Realty are marked with the RMLS™ logo, and detailed information about these properties includes the names of the listing brokers. Data last updated 2026-10-10T05:00:52.003.Data deemed reliable but not guaranteed. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available. IDX information 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. All information provided is deemed reliable but is not guaranteed accurate by RMLS™ or Ladd Group, Cascade Sotheby's International Realty and should be independently verified.
 
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Ladd Group, Cascade Sotheby's International Realty
650 SW Bond St, Suite 100
Bend OR, 97702