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1320 SW 31st St, Gresham, OR, 97080

4beds
3baths
2,700sqft
$550,000
$204price/sqft
$4,097/moest. monthly cost
$163,880/yrincome needed

About This Home

Nestled in a quiet neighborhood near Butler Creek Park, this spacious two-level home offers 4 bedrooms and 3 bathrooms with room to grow and endless potential. Located less than five minutes from Downtown Gresham, you’ll enjoy convenient access to local shops, dining, and everyday amenities while still savoring a peaceful setting.The main level features an open-concept living and dining area with laminate flooring, creating a warm and inviting space for gatherings. Sliding doors from the dining room lead to a new deck overlooking the expansive, private backyard with beautiful views of the seasonal creek. The generously sized kitchen offers abundant space for cooking and entertaining.Downstairs, you’ll find a comfortable family room, one bedroom, and a large bonus room perfect for a home office, gym, hobby space, or additional living area—offering flexibility to fit your needs.The backyard is truly a gardener’s delight, featuring apple, fig, and plum trees, along with grapevines, raspberry, and boysenberry bushes. With triple-pane windows, an HVAC system, and a setting that blends privacy with convenience, this property offers comfort today and limitless possibilities for tomorrow.

Getting Around

17
WalkingCar-Dependent
13
TransitMinimal Transit
18
BikeSomewhat Bikeable

Schools

4/10
2/10
4/10
Gresham High SchoolGrades 9-122.4 mi

Construction

Condition

  • Property condition: Approximately
  • Year built: 1973

Materials

  • Foundation: Concrete Perimeter
  • Roof: Composition
  • Construction materials: Wood Siding

Type & Style

  • Home type: SingleFamily
  • Architectural style: Daylight Ranch
  • Property subType: Residential,Single Family Residence

Interior

Appliances

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

Basement

  • Has basement: Yes
  • Basement: Daylight

Bedroom2

  • Features: Closet, Laminate Flooring
  • Level: Main
  • Area: 121

Bedroom3

  • Features: Closet, Laminate Flooring
  • Level: Main
  • Area: 110

Bedroom4

  • Features: Closet, Tile Floor
  • Level: Lower
  • Area: 132

Bedrooms & Bathrooms

  • Bedrooms: 4
  • Bathrooms: 3
  • Full bathrooms: 3
  • Main level bathrooms: 2

Dining Room

  • Features: Deck, Sliding Doors,Laminate Flooring
  • Level: Main
  • Area: 100

Family Room

  • Features: Deck, Fireplace, Sliding Doors,Closet
  • Level: Lower
  • Area: 416

Features

  • Closet,Eat-in Kitchen,Double Closet,Suite,Walkin Shower
  • Door features: Sliding Doors
  • Window features: Triple Pane Windows
  • Flooring: Laminate,Tile,Wall to Wall Carpet
  • Number of fireplaces: 2
  • Fireplace features: Wood Burning
  • Fireplace: Yes

Heating & Cooling

  • Heating features: Forced Air,Fireplace(s)
  • Cooling features: Central Air

Interior Area

  • Total structure area: 2,700
  • Total interior livable area: 2,700 sqft

Kitchen

  • Features: Dishwasher, Disposal, Eating Area,Free Standing Range, Free Standing Refrigerator, Laminate Flooring
  • Level: Main
  • Area: 168

Living Room

  • Features: Fireplace,Laminate Flooring
  • Level: Main
  • Area: 280

Master Bedroom

  • Features: Double Closet, Laminate Flooring, Suite, Walkin Shower
  • Level: Main
  • Area: 180

Property

Details

  • Parcel number: R268483

Features

  • Stories: 2
  • Patio & porch: Deck
  • Exterior features: Garden,Yard
  • Fencing: Fenced
  • Has view: Yes
  • View description: Territorial,Trees/Woods

Lot

  • Lot size: 0.36 Acres
  • Features: Secluded,Sloped,SqFt 15000 to 19999

Parking

  • Total spaces: 1
  • Parking features: Driveway,Off Street,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

  • Earthquake
    EarthquakeModerate
  • 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 $2,781$33,372
Home Insurance *$132$1,584
Property Taxes $939$11,268
Electricity $245$2,940
Total$4,097$49,164
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$140,468/yr
40% on housing$122,910/yr
45% on housing$109,253/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

$204This listing

vs Other Active Listings

Avg $/sqft

ZIP 97080$249
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
2026-03-12Price change$550,000
2026-02-19Listed for sale$575,000
2023-07-12Sold$500,000
2023-06-27Pending sale$499,500
2023-06-17Listed for sale$499,500
2023-05-12Pending sale$499,500
2023-05-09Price change$499,500
2023-04-29Pending sale$524,000
2023-03-07Price change$524,000
2023-01-19Listed for sale$540,000
2009-12-10Sold$187,577

For Sale by Agent

AgentBoston Bate
BrokerageMatin Real Estate

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