Unlock the potential of this nearly ½-acre flat parcel ideally situated near downtown Gresham. Positioned for growth and surrounded by established amenities, this property offers exceptional access to public transit, shopping, dining, and everyday conveniences—making it an attractive location for future residents. Commuters and recreation seekers will appreciate the easy connectivity to both Highway 26 and Interstate 84. Zoned MDR-24, the City of Gresham indicates the potential for 8–10 units, creating a compelling opportunity for middle housing or multifamily development. A residential facility is also an allowable use per City land use code, offering additional flexibility for investors and developers. Buyers to perform their own due diligence regarding all development possibilities and requirements. The level lot, complete with utilities in place, supports a smoother path to construction. The existing brick home presents another possible opportunity by renovating the structure with a rehab loan and utilizing as a single-family residence once again. Either direction, it's an outstanding investment opportunity in a prime growth corridor—bring your vision and explore the possibilities.
120 days
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99
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3
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Zillow last checked:
Listing updated:
Listed by:
Brett Bodine503-318-9108,
John L. Scott Sandy
Source: RMLS (OR),MLS#: 487530496
Facts & features
Interior
Bedrooms & bathrooms
Bedrooms: 2
Bathrooms: 1
Full bathrooms: 1
Main level bathrooms: 1
Rooms
Room types: Bedroom 2, Dining Room, Family Room, Kitchen, Living Room, Primary Bedroom
Primary bedroom
Features: Wood Floors
Level: Main
Area: 168
Dimensions: 14 x 12
Bedroom 2
Features: Wood Floors
Level: Main
Area: 130
Dimensions: 13 x 10
Dining room
Features: Wood Floors
Level: Main
Area: 132
Dimensions: 12 x 11
Kitchen
Level: Main
Area: 140
Width: 10
Living room
Features: Fireplace, Wood Floors
Level: Main
Area: 280
Dimensions: 20 x 14
Heating
None, Fireplace(s)
Cooling
None
Appliances
Included: Free-Standing Range, Free-Standing Refrigerator, Electric Water Heater
Features
Ceiling Fan(s), Tile
Flooring: Hardwood, Tile, Wood
Windows: Vinyl Frames, Wood Frames
Basement: Crawl Space
Number of fireplaces: 1
Fireplace features: Wood Burning
Interior area
Total structure area: 1,075
Total interior livable area: 1,075 sqft
Property
Parking
Total spaces: 1
Parking features: Driveway, Attached
Attached garage spaces: 1
Has uncovered spaces: Yes
Accessibility
Accessibility features: Main Floor Bedroom Bath, Accessibility
Features
Levels: One
Stories: 1
Exterior features: Yard
Fencing: Fenced
Lot
Size: 0.46 Acres
Features: Level, On Busline, SqFt 15000 to 19999
Details
Additional structures: Outbuilding
Parcel number: R339443
Construction
Type & style
Home type: SingleFamily
Architectural style: Ranch
Property subtype: Residential, Single Family Residence
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Principal & interest
$1,547
Mortgage insurance
$0
Property taxes
$170
Home insurance
$105
HOA fees
$0
Utilities
Not included
All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
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