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653 NW 1st St, 
Gresham, OR 97030

$399,900


3

Beds


3

Baths


1,515

Sq Ft


Single Family

Active

Listed by

Gary Horton

RE/MAX Equity Group

503-287-8989

Last updated:

September 8, 2026, 03:56 PM

MLS#

479682090

Source:

PORTLAND

About This Home

653 NW 1st St

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!

Home Facts

Single Family

3 Baths

3 Bedrooms

Built in 2004

Price Summary

399,900

$263 per Sq. Ft.

MLS #:

479682090

Last Updated:

September 8, 2026, 03:56 PM

Added:

8 day(s) ago


Rooms & Interior

Bedrooms

Total Bedrooms:

3

Bathrooms

Total Bathrooms:

3

Full Bathrooms:

2

Interior

Living Area:

1,515 Sq. Ft.


Structure

Structure

Architectural Style:

Townhouse

Building Area:

1,515 Sq. Ft.

Year Built:

2004


Lot

Lot Size (Sq. Ft):

3,484


Finances & Disclosures

Finances

Price:

$399,900

Price per Sq. Ft:

$263 per Sq. Ft.

MLS Logo
All information provided is deemed reliable but is not guaranteed and should be independently verified. 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 Coldwell Banker United Brokers are marked with the RMLS logo and detailed information about these properties includes the names of the listing brokers. Copyright 2026 RMLS, Portland, Oregon. Last updated: September 8, 2026

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Contact an Agent

Yes, I would like more information. Please use and/or share my information with a Coldwell Banker ® affiliated agent to contact me about my real estate needs. By clicking Contact, I request to be contacted by phone or text message and consent to being contacted by automated means. I understand that my consent to receive calls or texts is not a condition of purchasing any property, goods, or services. Alternatively, I understand that I can access real estate services by email or I can contact the agent myself.

If a Coldwell Banker affiliated agent is not available in the area where I need assistance, I agree to be contacted by a real estate agent affiliated with another brand owned or licensed by Anywhere Real Estate (BHGRE®, CENTURY 21®, Corcoran®, ERA®, or Sotheby's International Realty®). I acknowledge that I have read and agree to the terms of use and privacy notice.