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    • Price cut: $51K (7/12)
    $699,000

    5321 SE Welch Rd, Gresham, OR 97080

    5beds
    2,922sqft
    : 
    $5,238/mo
    Get pre-qualified
    Residential, Single Family Residence
    Built in 1970
    0.54 Acres Lot
    $-- Zestimate®
    $239/sqft
    $-- HOA

    What's special

    Horse penChicken coopMultiple outbuildingsSubstantial additional parkingTwo dedicated rv hookupsImpressive curb appeal
    UNLOCK THE POTENTIAL OF THIS UNIQUE GRESHAM PROPERTY! A rare opportunity to own a versatile 23,646 sq. ft. lot in the heart of Gresham’s growth corridor, offering an exceptional combination of comfortable living, extensive parking/storage, and exciting future possibilities. The property is enclosed by high-quality custom fencing with wrought-iron accents, providing privacy, security, and impressive curb appeal. The property also includes a 17'8" storage container, multiple outbuildings, and a productive mini-farm setup with raspberries, blueberries, grapes, a chicken coop, and horse pen—bringing the best of country-style living right into the city. Enjoy a peek-a-boo view of Mt. Hood, adding to the property's Pacific Northwest appeal. For the automotive enthusiast, contractor, hobbyist, or home-based business owner, this property is exceptionally well equipped. A massive 4-car garage, substantial additional parking, and two dedicated RV hookups provide an abundance of room for vehicles, recreational equipment, workspaces, storage, and guests. The existing home allows you to live comfortably while planning your long-term vision. Whether your goal is to create a multi-generational family compound, maintain an urban homestead, operate a home business, or pursue future development, this property offers remarkable flexibility. Investors and builders take notice: The property is zoned LDR-5 (Low Density Residential), presenting potential for future infill and middle-housing opportunities, subject to City of Gresham requirements, approvals, and buyer due diligence. Preliminary review suggests the zoning may allow for a variety of residential configurations, potentially including duplexes, quadplexes, cottage clusters, or other permitted housing options. The property's value extends well beyond its current use. For the savvy buyer, this is an opportunity to secure a large parcel in an evolving area today while planning for tomorrow's highest and best use.
    80 days
    542
    13

    Zillow last checked:

    Listing updated:

    Listed by:

    Lisa Benson tenmilelakeproperties@gmail.com,

    Ten Mile Lake Properties LLC

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

      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.
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        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.

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