Skip main navigation
Active
    • Price cut: $51K (7/12)
    $699,000

    5321 SE Welch Rd, Gresham, OR 97080

    5beds
    2,922sqft
    : 
    Loading
    Get pre-qualified
    Residential, Single Family Residence
    Built in 1970
    0.54 Acres Lot
    $-- Zestimate®
    $239/sqft
    $-- HOA

    What's special

    Multiple outbuildingsSubstantial parking
    This home is an Automotive & Storage Haven:Boasting a massive 4-car garage, complemented by 2 dedicated RV hookups & substantial parking. The property is enclosed by high-quality custom fencing featuring wrought iron accents, providing both security & aesthetic sophistication. Comes w/17'8 storage container & multiple outbuildings. Enjoy peak a boo view of Mt. Hood, a hallmark of premium Pacific Northwest real estate. Live in it as is while you plan your future development strategy. Located in the heart of Gresham’s growth corridor, this property sits amidst a landscape of modern residential expansion. Whether you are looking for a multi-generational family compound or a strategic land-banking opportunity, the flexibility of the LDR-5 zoning makes this one of the most versatile listings on the market today. Unlock the Potential of this unique property & discover the perfect blend of investment potential and comfortable living situated on a large 23,646 sq. ft. lot. This property offers a rare opportunity in a rapidly evolving neighborhood. With Low Density Residential (LDR-5) zoning, this parcel is primed for development, including duplexes, quad-plexes, or charming cottage clusters—perfect for investors looking to capitalize on the surge of new development surrounding this prime location in the near future. Attention Investors the primary value of this property lies not in its current state, but in its "highest and best use." Have your own farm within city limits with potential infill development. Rasberries, Blueberries, Grapes, Chicken coop, Horse Pen. All personal property negotiable. Highly desirable to Builders looking for a future small-scale multi-family project. The "density bonus" is potential money in the bank."Buyer to verify development potential with the City of Gresham. Preliminary review suggests the LDR-5 zoning may support a variety of middle-housing options."
    31 days
    |
    715
    |
    16
    |

    Zillow last checked:

    Listing updated:

    Listed by:

    Lisa Benson tenmilelakeproperties@gmail.com,

    Ten Mile Lake Properties LLC

    Source: RMLS (OR),MLS#: 567137463MLS Logo

    Loading...

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 5
      • Bathrooms: 3
      • Full bathrooms: 3
      • Main level bathrooms: 2
      Rooms
      • Room types: Laundry, Bedroom 4, Bonus Room, Bedroom 2, Bedroom 3, Dining Room, Family Room, Kitchen, Living Room, Primary Bedroom
      Primary bedroom
      • Features: Suite
      • Level: Main
      Bedroom 2
      • Level: Main
      Bedroom 3
      • Level: Main
      Bedroom 4
      • Level: Lower
      Dining room
      • Features: Deck, Exterior Entry, Formal, Living Room Dining Room Combo
      • Level: Main
      Family room
      • Level: Lower
      Kitchen
      • Features: Builtin Range, Builtin Refrigerator, Dishwasher, Kitchen Dining Room Combo, Microwave
      • Level: Main
      Living room
      • Level: Main
      Heating
      • Forced Air
      Cooling
      • Heat Pump
      Appliances
      • Included: Built-In Range, Built-In Refrigerator, Convection Oven, Dishwasher, Disposal, Plumbed For Ice Maker, Stainless Steel Appliance(s), Washer/Dryer, Microwave, Electric Water Heater
      Features
      • High Ceilings, High Speed Internet, Soaking Tub, Formal, Living Room Dining Room Combo, Kitchen Dining Room Combo, Suite
      • Flooring: Tile, Wall to Wall Carpet
      • Basement: Daylight,Finished,Full
      • Number of fireplaces: 2
      • Fireplace features: Wood Burning
      Interior area
      • Total structure area: 2,922
      • Total interior livable area: 2,922 sqft

      Property

      Parking
      • Total spaces: 4
      • Parking features: RV Access/Parking, Secured, RV Boat Storage, Garage Door Opener, Attached, Oversized, Tuck Under
      • Attached garage spaces: 4
      Features
      • Levels: Two
      • Stories: 2
      • Patio & porch: Covered Deck, Deck
      • Exterior features: Fire Pit, Garden, RV Hookup, Yard, Exterior Entry
      • Has private pool: Yes
      • Has spa: Yes
      • Spa features: Free Standing Hot Tub
      • Fencing: Fenced
      • Has view: Yes
      • View description: Mountain(s), Territorial
      Lot
      • Size: 0.54 Acres
      • Features: Level, SqFt 20000 to Acres1
      Details
      • Additional structures: Outbuilding, RVHookup, RVBoatStorage, ToolShed
      • Parcel number: R339844
      • Zoning: LDR 5

      Construction

      Type & style
      • Home type: SingleFamily
      • Architectural style: Custom Style
      • Property subtype: Residential, Single Family Residence
      Materials
      • Brick, Vinyl Siding
      • Foundation: Slab
      • Roof: Composition
      Condition
      • Approximately
      • New construction: No
      • Year built: 1970

      Utilities & green energy

      • Sewer: Public Sewer
      • Water: Public

      Community & HOA

      HOA
      • Has HOA: No
      Location
      • Region: Gresham

      Financial & listing details

      • Price per square foot: $239/sqft
      • Tax assessed value: $675,840
      • Annual tax amount: $7,400
      • Date on market: 6/15/2026
      • Listing terms: Cash,Conventional,FHA,VA Loan
      • Road surface type: Paved

        Estimated market value

        Not available

        Estimated sales range

        Not available

        Not available

        Price history

        DateEventPrice
        7/12/2026Price change$699,000-6.8%$239/sqft
        Source: RMLS (OR) #567137463 Report a problem
        6/15/2026Listed for sale$750,000+130.8%$257/sqft
        Source: RMLS (OR) #567137463 Report a problem
        12/31/2014Sold$325,000+32.7%$111/sqft
        Source: Public Record Report a problem
        1/13/2011Sold$245,000-2%$84/sqft
        Source: Public Record Report a problem
        10/30/2010Listed for sale$249,900-69.3%$86/sqft
        Source: Taylor Group Realty #10083023 Report a problem
        6/26/2006Sold$815,000$279/sqft
        Source: Public Record Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025$7,401 +4.5%$363,690 +3%
        2024$7,085 +9.8%$353,100 +3%
        2023$6,455 +2.9%$342,820 +3%
        2022$6,274 +2.6%$332,840 +3%
        2021$6,116 +6.3%$323,150 +3%
        2020$5,755 +2.7%$313,740 +3%
        2019$5,604 $304,610 +3%
        2018$5,604 +4.9%$295,740 +3%
        2017$5,343 +18.2%$287,130 +3%
        2016$4,520 $278,770 +3%
        2015$4,520 +2.2%$270,660 +3%
        2014$4,423 +5.8%$262,780 +3%
        2013$4,181 +6.5%$255,130 +3%
        2012$3,925 +1.9%$247,700 +3%
        2011$3,853 +1.9%$240,490 +3%
        2010$3,783 +0.4%$233,490 +3%
        2009$3,766 +1.6%$226,690 +3%
        2008$3,708 +2.3%$220,090 +3%
        2007$3,626 +2.8%$213,680 +3%
        2006$3,528 +4%$207,460 +3%
        2005$3,391 +1.3%$201,420 +3%
        2004$3,348 +3.2%$195,560 +3%
        2003$3,243 +2.4%$189,870 +3%
        2002$3,166 +7.5%$184,340 +6.1%
        2000$2,946 +2.7%$173,770 +3%
        1999$2,867 $168,710
        Find assessor info on the county website

        Monthly payment

        Est. payment

        Payment breakdown

        Explore the cost of this home by adjusting the details. Changes won't be saved.
        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.
        See how much you could borrow to make a competitive offer.
        Get pre-qualified

        Climate risks

        Neighborhood: Kelly Creek

        Getting around

        25 / 100
        Car-Dependent
        13 / 100
        Minimal Transit
        48 / 100
        Somewhat Bikeable

        Nearby schools

        GreatSchools rating
        Schools provided by the listing agent
        • Elementary: Kelly Creek
        • Middle: Gordon Russell
        • High: Sam Barlow

        Source: RMLS (OR). This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

        A local agent can set up tours, give advice and negotiate with sellers.

        Browse local experts

        Similar homes

              Nearby cities

              Nearby neighborhoods

              Nearby zip codes

              Other Gresham Topics

                Search
                Updates
                Favorites
                Plan
                Inbox