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The Low Down On Gresham, Oregon

Gresham has a bustling, character-rich Historic Downtown area that will captivate your heart.  The diversity of the cuisine in Historic Downtown alone will leave any foodie salivating for a visit.  Add to that the antique shopping, the coffee, candy, wine, and brewery stops, and the seasonal farmer's market - and you've got an incredibly vital and thriving community that just anyone would be thrilled to call home.  For more on Gresham's schools, go here.

Things To Do In Gresham, Oregon

 

Latest Gresham Real Estate Listings

$499,990
4 Beds 1 Baths 571244590 MLS
Turnkey Investment Opportunity – Tenant OccupiedDon’t miss this excellent opportunity to add a well-maintained, income-producing property to your investment portfolio. Located in a convenient Gresham neighborhood, this split-level home is currently tenant occupied with established residents who would like to remain, offering the potential for immediate rental income and a seamless transition for the next owner.The home features 2 comfortable bedrooms and 1.5 bathrooms, providing a functional layout that appeals to a variety of tenants. The split-level design creates separate living spaces, offering flexibility and a sense of privacy while maximizing the home’s square footage. A spacious living area welcomes natural light, creating a warm and inviting atmosphere.Outside, you’ll find a generous backyard with plenty of room for outdoor entertaining, gardening, recreation, or future enhancements, making it an attractive feature for long-term renters. The attached garage provides secure parking and additional storage space, adding everyday convenience and value.Conveniently located near shopping, dining, schools, parks, public transportation, and major commuter routes, this property is well positioned in an area with strong, consistent rental demand. Whether you’re expanding your investment portfolio or purchasing your first rental property, this home offers immediate income potential along with long-term appreciation opportunities. This is an outstanding opportunity to acquire a property with strong investment appeal in a desirable Gresham location.No showings. Once accepted offer received will be contingent on interior inspection. Please do not disturb the tenants.

21123 SE MORRISON ST, Gresham

$499,900
147490588 MLS
Turnkey Gresham Duplex: Two Units, Two Garages, One great Corner Lot! Clean, well-maintained duplex in a great neighborhood location, home to long-term residents. This is an excellent first-time investment opportunity in Gresham's Newell Park neighborhood, built in 1957, on a .19-acre corner lot. Two 2-bed/1-bath units, sharing one detached double garage with a divider wall giving each unit its own space, plus a walk-through door on the back unit's side for direct access. Six total off-street parking spaces (two garage, four driveway), giving each unit 3 tandem spaces, plenty of room for tenants and guests. Total 2,100 SF includes a 336 SF basement in the back unit, with potential to convert to a legal bedroom with a window well (buyer to verify).Both units are currently rented month-to-month. Separate gas and electric meters mean tenants cover their own gas and electric; owner covers water, sewer, and landscaping. The back unit has been refreshed with new LVP flooring, fresh interior paint, a gas range, and owner-provided washer/dryer and refrigerator, plus its own enclosed yard. The front unit is carpeted with washer/dryer hookups and an owner-provided refrigerator, and is home to a long-term tenant who's been in place for years, low turnover, reliable income.Roof has been well maintained, with roughly half replaced new in 2025. The property is zoned mixed use, opening the door to options beyond straight residential. Being on a corner lot means real visibility, exposure most duplexes this size just don't get.Financials: see MLS income data for full details. A solid, first-time investment opportunity with room to grow.Location does a lot of the work here too: a short drive to Mt. Hood Community College, close to Mt. Hood Medical Center, and right on a bus route. Call your agent, this one won't last at $499,900.

22222 SE ASH ST, Gresham

$520,000
4 Beds 2 Baths 291776470 MLS
Artful living meets everyday comfort in a home with a personality all its own! This distinctive 4-bedroom, 2-bath Gresham home offers 1,876 sq ft filled with European-inspired color, natural wood, hand-painted details and vintage-inspired fixtures, thoughtfully balanced with modern updates. Bay windows bring in natural light, while unique doors, a classic clawfoot tub and creative touches add warmth and character throughout. The formal living room features hardwood floors, a wood-burning fireplace and impressive custom built-in library wall, creating a warm and inviting focal point. The adjoining dining area opens through expansive sliding doors to the covered patio and gardens, extending the living and entertaining space outdoors. A separate family room provides another comfortable gathering space and features the home's second fireplace. The updated kitchen offers upgraded appliances, generous workspace and custom details that complement the home's artistic character. Major improvements include a 2025 furnace, 2020 roof, owned solar panels installed in 2021 and certified wood-burning stove added in 2021. Outside, enjoy a covered patio surrounded by established gardens, colorful flowers and pollinator-friendly plantings. An oversized garage provides additional room for vehicles, storage, hobbies or projects. Enjoy convenient access to the Springwater Corridor Trail, parks, Downtown Gresham, restaurants, shopping and everyday amenities. Washer, dryer and refrigerator included.

370 SW 4TH ST, Gresham

$695,000
3 Beds 2 Baths 188942607 MLS
Classic character and additional INCOME POTENTIAL with an ADU, all on one property! Whether you're looking to offset your mortgage with rental income, accommodate multigenerational living, or simply enjoy extra privacy for guests or a home office, this property offers exceptional flexibility and value.This beautifully preserved 1913 home retains its timeless craftsmanship with wood floors, intricate millwork, built-in cabinetry, and classic tile, while blending seamlessly with thoughtful modern updates. The spacious kitchen is designed for those who love to cook and entertain, featuring granite countertops, a large center island, a chef-grade gas range, Viking range hood, and abundant workspace.The inviting main home offers two bedrooms and one full bathroom, along with multiple cozy sitting areas that make it easy to relax. Or, step outside on one of two separate decks to enjoy the sunshine, grill with friends, or read a book. The fenced yard and electric gate provide additional privacy. Above the oversized garage, you'll find a one-bedroom, one-bathroom ADU with its own kitchen—ideal as a guest quarters, or private living space for extended family, or rental, creating an excellent opportunity for income that can help offset your monthly mortgage payment.And the location? It's hard to beat. Just blocks from parks and the vibrant heart of downtown Gresham, with easy access to local coffee shops, restaurants, and community events while still coming home to a property full of warmth, history, and charm.Properties that combine historic character, modern updates, income potential, and an unbeatable location are incredibly rare. Don't miss your chance to own this truly special property! Buyer to do all due diligence on schools, square footage, rental uses, etc.

518 SE ROBERTS AVE, Gresham

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The content relating to real estate for sale on this site comes in part from the IDX program of the RMLS of Portland, Oregon. Real Estate listings held by brokerage firms other than this firm are marked with the RMLS logo, and detailed information about these properties include the name of the listing's broker. Listing content is copyright © 2026 RMLS of Portland, Oregon. All information provided is deemed reliable but is not guaranteed and should be independently verified. This content last updated on . Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.