518 SE ROBERTS AVE
Gresham, OR, 97080 $ 695,000
Bedrooms3 Baths2.1 Sq 1,892 Monthly Estimate*
$ 4,388
for $695,000 with 3 bedrooms and 2 full baths, 1 half bath. This 1,892 square foot townhouse was built in 1913 on a lot size of 0.24.
Classic character and additional INCOME POTENTIAL with an ADU, all on one property! Whether you're looking to offset your mortgage with rental income, accommodate multigenerational living, or simply enjoy extra privacy for guests or a home office, this property offers exceptional flexibility and value.This beautifully preserved 1913 home retains its timeless craftsmanship with wood floors, intricate millwork, built-in cabinetry, and classic tile, while blending seamlessly with thoughtful modern updates. The spacious kitchen is designed for those who love to cook and entertain, featuring granite countertops, a large center island, a chef-grade gas range, Viking range hood, and abundant workspace.The inviting main home offers two bedrooms and one full bathroom, along with multiple cozy sitting areas that make it easy to relax. Or, step outside on one of two separate decks to enjoy the sunshine, grill with friends, or read a book. The fenced yard and electric gate provide additional privacy. Above the oversized garage, you'll find a one-bedroom, one-bathroom ADU with its own kitchen—ideal as a guest quarters, or private living space for extended family, or rental, creating an excellent opportunity for income that can help offset your monthly mortgage payment.And the location? It's hard to beat. Just blocks from parks and the vibrant heart of downtown Gresham, with easy access to local coffee shops, restaurants, and community events while still coming home to a property full of warmth, history, and charm.Properties that combine historic character, modern updates, income potential, and an unbeatable location are incredibly rare. Don't miss your chance to own this truly special property! Buyer to do all due diligence on schools, square footage, rental uses, etc.
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FeaturesInteriorInterior Amenities GarageDoorOpener Granite LaminateFlooring Laundry SeparateLivingQuartersApartmentAuxLivingUnit WoodFloors
Basement PartialBasement
Total Fireplaces 1
Hot Water Electricity
Window Features VinylFrames WoodFrames
Total Bathrooms 2.1
Total Bedrooms 3
Total Baths 3
1/2 Baths 1
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GeneralSewer PublicSewer
Heating ENERGYSTARQualifiedEquipment ForcedAir ForcedAir95Plus
Cooling CentralAir
Roof Composition
Appliances Dishwasher FreeStandingGasRange Granite Island RangeHood SolidSurfaceCountertop
Garage Spaces 2.0
Architectural Style Bungalow Craftsman
Year Built 1913
Stories Count 1
Property Subtype Attached
Tax Year 2025
Parcel Number R339018
County Multnomah
Property Type Residential
HOA N
Full Baths 2
Status Active
Directions SE 5th St.
High School Gresham
City Gresham
Disclosures Disclosure
MLS Area _144
Lot Size Square Feet 10454.0
Listing Terms Cash Conventional FHA VALoan
Elementary School East Gresham
Tax Annual Amount 5419.95
Middle/Junior High School Dexter McCarty
Property Condition Resale
Virtual Tour https://player.vimeo.com/progressive_redirect/playback/1215313301/rendition/2160p/file.mp4%20%282160p%29.mp4?loc=external&log_user=0&signature=324e535d8c72f81231753dd54b2ad37cf82ee80f48d13979d47d0381
Standard Status Active
Accessory Dwelling Unit Y/N N
Legal Description SECTION 10 1S 3E TL 1500 0.24 ACRES
ADU True
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ExteriorExterior Amenities Deck Fenced SecondResidence ToolShed
Parking Features Driveway OffStreet
Lot Features CornerLot
Water Source PublicWater
Total Parking 2.0
Garage Type Carport Detached Oversized
Exterior Description Cedar LapSiding
Building Area Total 1892.0
Lot Size Acres 0.24
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* Excluded FeaturesAffordability Calculator
- Monthly Principal & Interest
- $4,388
- Monthly Property Taxes
- $452
- Monthly Home Insurance
- --
Default based on a 30-year fixed rate of 6.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
Learn more about how to save NearbyTownhouse listings in Gresham, OR
Average List Price $415,219
Percent of Sale Price 40%
About Gresham, OR 113,713 Population
26% Since 2002
$ 51,832 Median Income
36.26 Median Age
32% Households with Children
Trends Information provided by ATTOM Data Solutions.
1948926 Elementary School
1948971 Middle School
Gresham High School High School
Pricing History| Date | Price | Price Change | Description |
|---|
| 8/7/2026 | $695,000 | | Listed Price |