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2455 NW 1st Dr, Gresham, OR, 97030

2beds
3baths
1,593sqft
$409,947
$257price/sqft
$3,040/moest. monthly cost
$121,600/yrincome needed

About This Home

What's Special: New Construction | Office/Den | Move-In ReadyNew Construction – Move-In Ready! Built by Vision Custom Homes in Gresham's newest community, Bryn Mawr. Step into this flexible 2-bedroom plus office/den, 2.5-bath townhome designed for modern life — whether you work from home, need a dedicated study, or simply want room to spread out. The open great room with electric fireplace flows into the dining area and a well-appointed kitchen with center island and breakfast nook. A covered front porch and a convenient powder room round out the main floor. Upstairs, the private primary suite offers an en-suite bath and walk-in closet, with a second bedroom, multiple walk-in closets, and upstairs washer/dryer nearby. Discover everything the east side of Portland Metro has to offer. Explore the Columbia River Gorge, Mount Hood adventures, and Gresham's historic downtown dining and farmers market — all minutes away. Enjoy Powell Butte Nature Park, Leach Botanical Garden, and easy MAX light rail access for a stress-free Portland commute.Additional Highlights Include: Low HOA fees. Builder warranty included. Closing costs and rate buydowns can be financed into your mortgage for minimal change to monthly payments.

Getting Around

23
WalkingCar-Dependent
41
TransitSome Transit
61
BikeBikeable

Schools

1/10
4/10
Gresham High SchoolGrades 9-121.4 mi

Construction

Condition

  • Property condition: Under Construction
  • New construction: Yes
  • Year built: 2026

Materials

  • Roof: Composition
  • Construction materials: Cement Siding

Type & Style

  • Home type: SingleFamily
  • Property subType: Residential

Interior

Appliances

  • Appliances included: Disposal,Free-Standing Gas Range,Electric Water Heater

Basement

  • Basement: Crawl Space

Bedrooms & Bathrooms

  • Bedrooms: 2
  • Bathrooms: 3
  • Full bathrooms: 2
  • Partial bathrooms: 1
  • Main level bathrooms: 1

Features

  • Quartz,Cook Island,Pantry,Bathroom,Shower,Walk-In Closet(s)
  • Window features: Double Pane Windows,Daylight
  • Number of fireplaces: 1
  • Fireplace features: Electric
  • Fireplace: Yes

Heating

  • Heating features: Ductless,Mini Split,Fireplace(s)

Interior Area

  • Total structure area: 1,593
  • Total interior livable area: 1,593 sqft

Kitchen

  • Features: Cook Island, Daylight, Pantry,Quartz
  • Level: Main

Living Room

  • Features: Fireplace
  • Level: Main

Master Bedroom

  • Features: Bathroom,Quartz, Shower, Walkin Closet
  • Level: Upper

Property

Details

  • Parcel number: R730566
  • Attached to another structure: Yes

Features

  • Levels: Two
  • Stories: 2
  • Patio & porch: Patio
  • Fencing: Fenced

Lot

  • Lot size: 1,742 sqft
  • Features: Level,SqFt 0K to 2999

Parking

  • Total spaces: 1
  • Parking features: Driveway,Attached
  • Has garage: Yes
  • Attached garage spaces: 1
  • Covered spaces: 1
  • Has uncovered spaces: Yes

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Cold Wave
    Cold WaveModerate
  • Earthquake
    EarthquakeModerate
  • Heat Wave
    Heat WaveModerate

How This Home’s Risks Compare

Cold Wave
Earthquake
Heat Wave

FEMA Declared Disasters in Multnomah County and Oregon

Flood
Mud Landslide
Severe Storm
Straight Line Winds
Winter Storm

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $2,072$24,864
Home Insurance *$97$1,164
Property Taxes $695$8,340
Electricity $176$2,119
Total$3,040$36,480
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$104,228/yr
40% on housing$91,200/yr
45% on housing$81,066/yr

Oregon FAIR Plan Programs

Oregon FAIR Plan Association

Covered
WildfireWildfire
Add-on available
HailHail
WindWind
Visit Website →
Current Policies
Residential: 2,377Commercial: 170
Total Premiums$3.07M
Total Exposure$840.98M

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 4.7%
4.7%
0%30.0%
Electricity Growth Rate10-year average: 2.0%
2.0%
0%15.0%
Property Taxes Growth Rate2-year average: 1.6%
1.6%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$257This listing

vs Other Active Listings

Avg $/sqft

ZIP 97030$197
Multnomah County$244

vs Homes Sold Last Month

Median $/sqft

ZIP 97030$273
Multnomah County$288

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

Price History

DateEventPrice
2026-04-02Listed for sale$449,947

New Construction

AgentThatcher Green
BrokerageBuilders Marketing Group

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