**NO HOA! OWN THE HOME AND THE LAND!** Whether you’re searching for a comfortable place to call home or a promising investment opportunity, this Gresham townhome is worth a closer look. Featuring 3 bedrooms, 2.1 bathrooms, and an inviting open floor plan, the home offers comfortable living with beautiful hardwood floors and a cozy gas fireplace. Newer appliances and a newer furnace provide added value and convenience. Step outside to enjoy your spacious, fenced backyard—ideal for relaxing, gardening, entertaining, or simply making the most of outdoor living. Unlike many townhomes, this property includes ownership of both the home and the land, with **NO HOA fees! Conveniently located too shopping, restaurants, and downtown Gresham, this property offers both accessibility and flexibility. Investors, take note: the home was previously rented for $2,495 per month, making it an appealing addition to a rental portfolio. If you’re seeking a primary residence, this townhome offers the opportunity to build equity while enjoying the benefits of homeownership. Current tenants are expected to vacate during the first week of November. Plan ahead and arrange to view this property in November. Don’t miss the opportunity to own a townhome with a private backyard, no HOA fees, and excellent potential for homeowners and investors alike!
Northwest Gresham, located between Downtown Gresham and the Columbia River Gorge foothills, is a residential and commercial Gresham neighborhood with tree-lined streets and pocket parks. The neighborhood’s character concentrates around NW Burnside Rd and NW Division St, where auto-oriented storefronts mix with local eateries and everyday services. Mt. Hood Brewing Co. anchors the local craft scene, while the Center for the Arts Plaza brings performances and gallery nights into the nearby core. Housing ranges from mid-century ranches to newer townhome clusters, with sidewalks and greenways shaping daily routines. Main City Park and the Springwater Corridor set a nature-forward edge for walks and bike commutes. Transit connections at Gresham Central keep the area linked to the wider metro.
Provided by Walk Score and Local Logic
Offer insights
653 NW 1st St · $340,000
$340K and above
75% chance or better to win
Why $340K+ is a strong offer
DAYS ON MARKET
54 days
The average home goes pending in 36 days.
SALE-TO-LIST
99.6%
Most homes are selling 0% below list price.
About offer insights
Property details
Interior
Exterior
Finance
Kitchen
Bathroom
Bedroom
Living
Interior features
Gas fireplace
Double-pane windows
Crawl-space basement
Garage door opener
Bedrooms
3 bedrooms, all on the upper level
Bathrooms
2 full bathrooms and 1 half bathroom
Kitchen
Disposal, freestanding range, freestanding refrigerator, microwave, and plumbing for an ice maker
Laundry & utility
Washer and dryer
Laundry area
Flooring
Slate, tile, wall-to-wall carpet, and wood flooring
Heating & cooling
Gas forced-air heating
No cooling
Exterior features
Fenced yard
Patio
Porch
Level terrain
Views of trees and woods
Home design
Attached residential property
Parking
Driveway parking
Attached one-car garage
Construction
Built in 2004
Wood siding
Composition roof
Concrete perimeter foundation
Utilities
Public water
Public sewer
Cable and DSL internet service
Financial info
Rent amount: $2,495
Electricity and solar
View estimated energy costs and solar savings for this home
Gorgeous Home, Private Fenced Backyard, Proximity to Downtown Gresham, No HOA's, You own the land. Slate Entry to Many Extra's Including Plantation Blinds, Wired Sound, 10' Ceilings,Set up for Blt-in Vac, Oversized Garage w/Extra Storage,Gas Fireplace, Serene Fenced Backyard. Great Room, Bedrooms Up.
The Low Density Residential-5 District is primarily intended for residential uses including single detached dwellings and manufactured homes, duplexes, triplexes, quadplexes, townhouses, and cottage clusters at a maximum net density for single detached units of 8.71 units per acre and for townhouses of 25 units per acre. For all subdivisions, and for those partitions of parent parcels greater than 20,000 sq ft, a minimum net density of 6.22 units per acre is required.
Permitted uses
Include but are not limited to:
Housing-Single unit
Housing-Multiple units
Housing-Other
Infrastructure-Other
Climate risks
1/10 Flood Factor
Minimal risk of a flood reaching the building in the next 30 years
1/10 Fire Factor
Unlikely to be in a wildfire in next 30 years
3/10 Heat Factor
7 days above 91° expected this year, 16 days in 30 years
1/10 Wind Factor
Minimal risk of severe winds over next 30 years
9/10 Air Factor
14 unhealthy days expected this year, 16 days in 30 years
Provided by First Street
Historical weather
Gresham, OR • 97030
Average low and high temperatures (°F)
46
35
49
37
57
42
64
43
71
49
77
53
82
57
82
60
75
55
63
46
53
42
49
41
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Sun exposure
90/ 100
Exceptional sunlight
Sunscore
This home ranks in the top 29% for direct sun exposure in Gresham. There appears to be minimal shading by surrounding buildings, terrain, and vegetation.
8.9 hrs
5.2 hrs
JuneDecember
Provided by Shadowmap
Redfin Estimate for 653 NW 1st St
We cannot show automated home-value estimates for this home.
Nearby homes have recently sold between $341,500 and $538,000.
Nearby comparable homes
The Redfin Estimate uses 6 recent nearby sales, priced between $342K to $538K.