2508 NW 2nd Ter, Gresham, OR, 97030
About This Home
Beautifully maintained and move-in ready, this spacious three-level townhome offers nearly 1,900 square feet of comfortable living in a convenient Gresham location. The light-filled main level features soaring ceilings, a cozy gas fireplace, and an open-concept floor plan with granite countertops, a center island, pantry, and new kitchen appliances, including a refrigerator, gas range, and microwave (2025). Step outside to the private balcony with updated deck boards and fresh paint, creating the perfect spot to relax.Upstairs, you’ll find two generously sized primary suites, each with its own private bath, along with the convenience of an upper-level laundry area. The versatile lower-level bonus room is ideal for a home office, media room, fitness space, or guest retreat. Thoughtful updates include a new front and screen door (2020), three comfort-height toilets (2025), Ring security cameras, and a new garage door opener and spring (2025). Central air conditioning adds year-round comfort. An attached two-car garage and HOA-managed exterior maintenance—including the roof, siding, gutters, and landscaping—offer the ease of low-maintenance living, leaving you more time to enjoy your home.OPEN HOUSE Saturday 8/15 10:30- 1:30
Getting Around
Car-Dependent
Some Transit
BikeableSchools
Construction
Condition
- Property condition: Resale
- Year built: 2004
Materials
- Roof: Composition
- Construction materials: Cement Siding,Stone
Type & Style
- Home type: Townhouse
- Architectural style: Craftsman
- Property subType: Residential,Townhouse
Interior
Appliances
- Appliances included: Disposal,Free-Standing Gas Range,Free-Standing Refrigerator,Microwave,Stainless Steel Appliance(s),Washer/Dryer,Electric Water Heater
- Laundry features: Laundry Room
Bedroom2
- Level: Upper
Bedrooms & Bathrooms
- Bedrooms: 2
- Bathrooms: 3
- Full bathrooms: 2
- Partial bathrooms: 1
- Main level bathrooms: 1
Dining Room
- Level: Main
Features
- Floor 3rd,Ceiling Fan(s),Granite,High Ceilings,Kitchen Island,Pantry
- Window features: Vinyl Frames
- Number of fireplaces: 1
- Fireplace features: Gas
- Fireplace: Yes
Heating & Cooling
- Heating features: Forced Air
- Cooling features: Central Air
Interior Area
- Total structure area: 1,872
- Total interior livable area: 1,872 sqft
Kitchen
- Level: Main
Living Room
- Level: Main
Master Bedroom
- Level: Upper
Property
Details
- Parcel number: R494224
- Attached to another structure: Yes
Features
- Stories: 3
- Patio & porch: Deck,Porch
- Exterior features: Yard
Lot
- Lot size: 1,742 sqft
- Features: SqFt 0K to 2999
Parking
- Total spaces: 2
- Parking features: Off Street,Garage Door Opener,Attached,Tuck Under
- 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
- Cold Wave
- Earthquake
- Heat Wave
How This Home’s Risks Compare
FEMA Declared Disasters in Multnomah County and Oregon
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
| Monthly | Annual | |
|---|---|---|
| Mortgage | $1,966 | $23,592 |
| Home Insurance * | $92 | $1,104 |
| Property Taxes | $664 | $7,968 |
| Electricity | $176 | $2,119 |
| Total | $2,898 | $34,776 |
Income You'd Need if You Spent...
Oregon FAIR Plan Programs
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.
Comparing Against the Market
Price Per Sq Ft
vs Other Active Listings
Avg $/sqft
vs Homes Sold Last Month
Median $/sqft
Current Market Trends
Median Price Per Square Foot
The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.
Historicals for This Listing
Zestimate History ($/sqft)
Price History
| Date | Event | Price |
|---|---|---|
| 2026-07-31 | Listed for sale | $389,000 |
| 2019-10-16 | Sold | $276,000 |
| 2019-09-15 | Pending sale | $279,900 |
| 2019-09-05 | Listed for sale | $279,900 |
| 2011-08-05 | Sold | $155,950 |
| 2011-06-09 | Listed for sale | $155,950 |
| 2004-07-29 | Sold | $167,770 |
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