About This Home
This 3-bedroom, 3-bathroom townhouse at 653 NW 1ST St in Gresham, OR is listed for $360,000 ($238 per sqft). Built in 2004, the home offers 1,515 sqft of living space on a 0.08 acres lot.
Key Features
- Built in 2004
- 0.08 acre lot
- 2 stories
Property Details
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!
Monthly Cost Estimate
$1,925/mo
20% down · 6.5% · 30 years
Estimates only. Actual payments may vary.
Location
653 NW 1ST St
Gresham, OR 97030
Features & Amenities
Interior Features
Exterior Features
Property Details
Outdoor Features
Heating
Appliances
Questions & Answers
This 3-bedroom, 3-bathroom townhouse at 653 NW 1ST St is listed at $360,000 ($238/sqft). The estimated monthly payment is $1,925 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.
Key features include: Built in 2004, 0.08 acre lot, 2 stories. Interior Features: GarageDoorOpener, Laundry, SlateFlooring. Exterior Features: Fenced, Patio, Porch.
This property is listed by Gary Horton and can be reached at 5037812476.



