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4055 SW McKinley St, Gresham, OR, 97080

4beds
6baths
2,008sqft
$719,800
$358price/sqft
$4,604/moest. monthly cost
$184,160/yrincome needed

About This Home

2 Detached homes each with 2 bedrooms and 2.1 baths. Directions to Home: From SE 190th Ave, turn onto SE Giese Rd.Continue on SE Giese Rd, then turn onto SW Linneman Dr.Turn onto SW 31st Ave, then left onto SW Dunway Ave.Turn left onto SW McKinley St.Homes will be on the right.This beautifully designed home features a thoughtfully landscaped front yard complete with a sprinkler system for easy maintenance. The primary bedroom offers a private retreat with an ensuite that includes double sinks and a spacious shower. The open-concept great room flows seamlessly into the kitchen, which boasts quartz countertops, stainless steel appliances, and a convenient eating bar—perfect for casual dining or entertaining.A powder room is located just off the kitchen for guests.Durable laminate flooring runs throughout the main living areas,while wall-to-wall carpeting adds comfort to the bedrooms.HOA 75.00 per month for each home.

Getting Around

5
WalkingCar-Dependent
0
TransitNo Nearby Transit
32
BikeSomewhat Bikeable

Schools

7/10
3/10
Centennial Middle SchoolGrades 6-81.9 mi
4/10
Centennial High SchoolGrades 9-121.5 mi

Construction

Condition

  • Property condition: New Construction
  • Year built: 2025

Materials

  • Roof: Composition
  • Construction materials: Lap Siding

Type & Style

  • Home type: MultiFamily
  • Property subType: Multi Family

Interior

Appliances

  • Appliances included: Dishwasher,Disposal,Microwave,Range,Electric Water Heater

Bedrooms & Bathrooms

  • Bedrooms: 4
  • Bathrooms: 6
  • Full bathrooms: 4
  • Partial bathrooms: 2

Heating

  • Heating features: Mini Split

Interior Area

  • Total structure area: 2,008
  • Total interior livable area: 2,008 sqft

Property

Details

  • Parcel number: R729488
  • Zoning: RES

Features

  • Stories: 2

Lot

  • Features: Level,SqFt 3000 to 4999

Parking

  • Total spaces: 2
  • Parking features: Attached,Garage
  • Has garage: Yes
  • Attached garage spaces: 2
  • Covered spaces: 2

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

  • Earthquake
    EarthquakeModerate
  • Heat Wave
    Heat WaveModerate

How This Home’s Risks Compare

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 $3,639$43,668
Home Insurance *$172$2,064
Property Taxes $611$7,332
Electricity $182$2,186
Total$4,604$55,248
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$157,851/yr
40% on housing$138,120/yr
45% on housing$122,773/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

$358This listing

vs Other Active Listings

Avg $/sqft

ZIP 97080$247
Multnomah County$244

vs Homes Sold Last Month

Median $/sqft

ZIP 97080$268
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
2026-07-30Listed for sale$719,800

For Sale by Agent

AgentJason Shuler
BrokerageJohn L. Scott Sandy

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