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4117 NE 8th St, Gresham, OR, 97030

2beds
2baths
1,088sqft
$225,000
$207price/sqft
$1,750/moest. monthly cost
$70,000/yrincome needed

About This Home

Affordable Condo for Sale in Gresham, OR. Move-In Ready Starter Home. Low HOA with WSG included in the dues. Covered parking and storage unit included! 4117 NE 8th St — a move-in ready condo for sale in Gresham, Oregon that checks every box for today’s buyers. Whether you're a first-time homebuyer searching for a starter home, looking for a solid investment/rental property, or just looking for something low-maintenance, this home offers the perfect blend of value, location, and livability. Step inside to an inviting open floor plan designed for both comfort and functionality. The spacious living area flows seamlessly into an updated kitchen, making it ideal for entertaining or everyday living. With modern touches and a clean, well-maintained interior, this home is truly move-in ready—NO MAJOR UPDATES NEEDED. Located in a quiet neighborhood in Gresham, you’ll enjoy a peaceful setting while still being conveniently close to shopping centers, grocery stores, restaurants, and other everyday essentials that make daily living easy and accessible. The home is near parks and schools, offering convenience for homeowners and strong appeal for future renters—making it an excellent long-term investment opportunity. Why this is one of the best affordable homes in Gresham:-Affordable price point-Ideal starter home for first-time homebuyers-Strong potential as an investment or rental property-Functional open floor plan with updated kitchen-Move-in ready with low-maintenance living-Situated in a quiet neighborhood near parks and schools.Opportunities to own an affordable condo in Gresham like this are limited—especially ones that combine location, condition, and long-term value.Schedule your private showing today and see why this home stands out in the Gresham market!

Getting Around

37
WalkingCar-Dependent
36
TransitSome Transit
59
BikeBikeable

Schools

2/10
6/10
Sam Barlow High SchoolGrades 9-122.2 mi

Construction

Condition

  • Property condition: Resale
  • Year built: 1980

Materials

  • Foundation: Concrete Perimeter
  • Roof: Composition
  • Construction materials: Board & Batten Siding

Type & Style

  • Home type: Townhouse
  • Property subType: Residential,Condominium,Townhouse

Interior

Appliances

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

Bedroom2

  • Features: Ceiling Fan,Closet, Wallto Wall Carpet
  • Level: Upper
  • Area: 140

Bedrooms & Bathrooms

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

Features

  • Ceiling Fan(s),High Speed Internet,Closet,Kitchen Island,Granite,Double Closet
  • Door features: Sliding Doors
  • Window features: Storm Window(s),Vinyl Frames
  • Flooring: Laminate,Wall to Wall Carpet
  • Number of fireplaces: 1
  • Fireplace features: Wood Burning
  • Fireplace: Yes

Heating

  • Heating features: Zoned,Fireplace(s)

Interior Area

  • Total structure area: 1,088
  • Total interior livable area: 1,088 sqft

Kitchen

  • Features: Dishwasher, Island, Microwave,Free Standing Range, Free Standing Refrigerator, Granite, Laminate Flooring
  • Level: Main
  • Area: 156

Living Room

  • Features: Fireplace, Sliding Doors,Laminate Flooring
  • Level: Main
  • Area: 260

Master Bedroom

  • Features: Ceiling Fan,Closet, Double Closet, Wallto Wall Carpet
  • Level: Upper
  • Area: 208

Property

Details

  • Parcel number: R313899
  • Zoning: LDR-5

Features

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

Lot

  • Features: Commons

Parking

  • Parking features: Carport,Covered,Condo Garage (Undeeded)
  • 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
  • Cold Wave
    Cold WaveModerate
  • Heat Wave
    Heat WaveModerate
  • Inland Flooding
    Inland FloodingModerate

How This Home’s Risks Compare

Earthquake
Cold Wave
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 $1,137$13,644
Home Insurance *$53$636
Property Taxes $384$4,608
Electricity $176$2,119
Total$1,750$21,000
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$60,000/yr
40% on housing$52,500/yr
45% on housing$46,666/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

$207This listing

vs Other Active Listings

Avg $/sqft

ZIP 97030$199
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
2026-07-13Price change$225,000
2026-05-25Listed for sale$245,000
2022-02-04Sold$240,000
2022-01-06Pending sale$234,950
2022-01-04Listed for sale$234,950
2014-09-16Sold$111,000
2014-07-22Listed for sale$115,000
2014-04-05Listing removed$115,000
2013-10-04Listed for sale$115,000
2003-09-16Sold$85,000

For Sale by Agent

AgentCorey Toney
BrokerageKnipe Realty ERA Powered

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