For sale by owner

$1,600,000

3505 SW Towle Ave, Gresham, OR 97080

5beds

5,500sqft

$11,567/mo

Get pre-qualified

SingleFamily

Built in 1989

5 Acres Lot

$-- Zestimate^®

$291/sqft

$-- HOA

What's special

Prime piece of landTwo large shops

Development potential acreage. Single family,“Parade of Homes” floor plan, featuring 5500 sq.ft. Five bedrooms, five bathrooms, with finished daylight basement. Complete full kitchen on both levels. This single family home is complimented with a separate 1434 sq.ft. Guest House, two bedrooms and two bathrooms and two 2500 sq.ft. shops. The 4.80 acres has the potential for 42-44 townhomes.To be verified by the City of Gresham. Property is being sold as-is by owner. The 4.80 acres of developable land is ideal for a profitable project, or keeping the existing home and out buildings with the potential to develop a portion or all of the land. This is a unique opportunity for homeowners or investors to enjoy now and benefit later. Asking $1,600,000.00 Call Tom@(503)936-5252 for information. Shown by appointment only.

What the owner loves about this home

Prime location for future development!!

40 days
1,029
32

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 5
Bathrooms: 5
Full bathrooms: 3
1/2 bathrooms: 2

Heating

Forced air, Gas

Cooling

Central

Appliances

Included: Dishwasher, Dryer, Garbage disposal, Microwave, Range / Oven, Refrigerator, Washer

Features

Flooring: Tile, Carpet
Basement: Finished
Has fireplace: Yes

Interior area

Total interior livable area: 5,500 sqft

Property

Parking

Total spaces: 3
Parking features: Garage - Attached, Off-street

Features

Exterior features: Wood
Has view: Yes
View description: Territorial

Lot

Size: 5 Acres

Details

Parcel number: R340865

Construction

Type & style

Home type: SingleFamily

Materials

Roof: Tile

Condition

New construction: No
Year built: 1989

Community & HOA

Location

Region: Gresham

Financial & listing details

Price per square foot: $291/sqft
Tax assessed value: $915,630
Annual tax amount: $11,424
Date on market: 7/23/2026

Estimated market value

Not available

Estimated sales range

Not available

$6,688/mo

Price history

Date	Event	Price
7/23/2026	Listed for sale	$1,600,000-20%$291/sqft
Source: Owner Report a problem
12/12/2025	Listing removed	--
Source: Owner Report a problem
8/23/2025	Price change	$1,999,000-20%$363/sqft
Source: Owner Report a problem
7/13/2025	Listed for sale	$2,499,000+6841.7%$454/sqft
Source: Owner Report a problem
10/1/1987	Sold	$36,000$7/sqft
Source: Agent Provided Report a problem

Public tax history

Year	Property taxes	Tax assessment
2025	$11,424 +4.4%	$603,280 +3%
2024	$10,942 +11.1%	$585,710 +3%
2023	$9,852 +3.8%	$568,660 +3%
2022	$9,488 -0.4%	$552,100 +3%
2021	$9,523 +8.6%	$536,030 +3%
2020	$8,768 +2.5%	$520,420 +3%
2019	$8,555	$505,270 +3%
2018	$8,555 +4.3%	$490,560 +3%
2017	$8,205 +6.6%	$476,280 +3%
2016	$7,698	$462,420 +3%
2015	$7,698 +2.7%	$448,950 +3%
2014	$7,492 +5.3%	$435,850 +3%
2013	$7,116 +5%	$423,110 +3%
2012	$6,779 +13.4%	$410,680 +13.8%
2011	$5,977 -13.1%	$360,850 -9.5%
2010	$6,876 +2.2%	$398,760 +3%
2009	$6,727 +3.8%	$387,150 +3%
2008	$6,483 +2.3%	$375,880 +3%
2007	$6,337 +2.3%	$364,950 +3%
2006	$6,194 +2.8%	$354,310 +3%
2005	$6,023 +2.5%	$344,000 +3%
2004	$5,874 +3.8%	$333,980 +3%
2003	$5,659 +2.3%	$324,270 +3%
2002	$5,533 +13.9%	$314,820 +6.3%
2000	$4,858	$296,190