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724 SE Rene Ave, Gresham, OR, 97080

2beds
2baths
1,120sqft
$234,000
$209price/sqft
$1,814/moest. monthly cost
$72,560/yrincome needed

About This Home

Enjoy low-maintenance living with everyday convenience at your doorstep. This 2-bedroom, 1.5-bath condo offers a functional two level layout, private yard, dedicated storage, covered carport parking, and a loft area that adds flexibility for a home office, reading nook, or hobby space. Located just minutes from shopping, dining, parks, and daily essentials, you'll appreciate easy access to Trader Joe's, Fred Meyer, WinCo, and countless other nearby amenities. The community features a pool, tennis court, and boat storage, while HOA dues include water, sewer, and trash service. Whether you're looking for your first home, a downsizing opportunity, or an investment property, this condo offers a practical combination of comfort, convenience, and value.

Getting Around

74
WalkingVery Walkable
39
TransitSome Transit
68
BikeBikeable

Schools

5/10
3/10
4/10
Gresham High SchoolGrades 9-121.4 mi

Construction

Condition

  • Property condition: Resale
  • Year built: 1974

Materials

  • Roof: Other
  • Construction materials: Lap Siding,Vinyl Siding

Type & Style

  • Home type: Townhouse
  • Architectural style: Traditional
  • Property subType: Residential,Condominium,Townhouse

Interior

Appliances

  • Appliances included: Dishwasher,Free-Standing Range,Free-Standing Refrigerator,Washer/Dryer,Electric Water Heater
  • Laundry features: Laundry Room

Basement

  • Basement: Crawl Space

Bedroom2

  • Features: Loft
  • Level: Upper

Bedrooms & Bathrooms

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

Features

  • High Ceilings,High Speed Internet,Loft
  • Window features: Vinyl Frames
  • Flooring: Laminate,Wall to Wall Carpet

Heating

  • Heating features: Forced Air

Interior Area

  • Total structure area: 1,120
  • Total interior livable area: 1,120 sqft

Kitchen

  • Level: Main

Living Room

  • Features: High Ceilings, Laminate Flooring
  • Level: Main
  • Area: 252

Master Bedroom

  • Features: Wallto Wall Carpet
  • Level: Upper

Property

Accessibility

  • Accessibility features: Accessible Entrance,Accessibility

Details

  • Parcel number: R110957

Features

  • Stories: 2
  • Private pool: Yes
  • Exterior features: Tennis Court(s),Yard

Parking

  • Total spaces: 1
  • Parking features: Carport,Parking Pad,RV Boat Storage,Condo Garage (Attached)
  • Has garage: Yes
  • Attached garage spaces: 1
  • Covered spaces: 1
  • Has uncovered spaces: Yes
  • Carport: 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

  • Earthquake
    EarthquakeRelatively High
  • Heat Wave
    Heat WaveModerate
  • Inland Flooding
    Inland FloodingModerate

How This Home’s Risks Compare

Earthquake
Heat Wave
Inland Flooding

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 $1,183$14,196
Home Insurance *$56$672
Property Taxes $399$4,788
Electricity $176$2,119
Total$1,814$21,768
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$62,194/yr
40% on housing$54,420/yr
45% on housing$48,373/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

$209This listing

vs Other Active Listings

Avg $/sqft

ZIP 97080$250
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
2026-07-31Price change$234,000
2026-06-12Price change$239,000
2026-05-29Listed for sale$249,000
2024-07-18Sold$200,000
2024-06-18Pending sale$200,000
2024-06-12Listed for sale$200,000
2024-06-10Pending sale$200,000
2017-01-03Sold$145,000
2016-11-14Pending sale$139,998
2016-10-26Price change$139,998
2016-09-18Listed for sale$145,000
2016-09-17Pending sale$145,000
2016-09-17Listed for sale$145,000
2016-09-13Pending sale$145,000
2016-08-27Price change$145,000
2016-08-19Price change$164,999
2016-07-29Price change$169,500
2016-07-20Pending sale$90,000
2016-07-13Price change$169,500
2016-07-13Pending sale$90,000
2016-06-29Listed for sale$172,500
2016-05-27Sold$85,000
2016-05-10Pending sale$90,000
2016-04-26Listed for sale$90,000

For Sale by Agent

AgentKyle Huckabee
BrokeragePremiere Property Group LLC

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