Discover the potential of this nearly 1/2 acre lot, perfectly positioned for growth and development. Located near downtown Gresham, this property offers easy access to transit and local amenities, making it an ideal spot for future residents. With Highway 26 nearby, enjoy a quick trip up the Mountain, along with a straightforward 10-minute jaunt to I-84 for a convenient trip to downtown Portland or up the gorge. Zoned MDR-24, the City of Gresham indicates that 8-10 units could be developed on this site, presenting a fantastic opportunity for a Middle Housing project. The flat parcel, complete with utilities in place, ensures a smoother build-out process. The existing brick residence offers another potential investment option and with a rehab loan, could be transformed into a solid primary residence once again.
Listing Provided Courtesy of Brett Bodine, John L. Scott Sandy
General Information
391834664
MixedUse
368
DOM
0.46 acres
MDR-24
Multnomah
R339443
East Gresham 2/10
Dexter McCarty 6/10
Gresham
Land
MixedUse
SECTION 11 1S 3E, TL 900 0.46 ACRES
Listing Provided Courtesy of Brett Bodine, John L. Scott Sandy
Krishna Realty data last checked: Mar 16, 2026 14:31 | Listing last modified Oct 29, 2025 20:16,
Source:
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Residence Information
No
Features and Utilities
Financial
3730.28
0
Cash,Rehab
03-13-2025
No
No
Comparable Information
368
368
Cash,Rehab
$399,999
$399,999
Oct 29, 2025 20:16
Schools
public Elementary : East Gresham
2/10Ratingspublic Middle : Dexter McCarty
6/10Ratingsprivate High : GreshamN/ARatings
Discover the potential of this nearly 1/2 acre lot, perfectly positioned for growth and development. Located near downtown Gresham, this property offers easy access to transit and local amenities, making it an ideal spot for future residents. With Highway 26 nearby, enjoy a quick trip up the Mountain, along with a straightforward 10-minute jaunt to I-84 for a convenient trip to downtown Portland or up the gorge. Zoned MDR-24, the City of Gresham indicates that 8-10 units could be developed on this site, presenting a fantastic opportunity for a Middle Housing project. The flat parcel, complete with utilities in place, ensures a smoother build-out process. The existing brick residence offers another potential investment option and with a rehab loan, could be transformed into a solid primary residence once again.
