Located in a high-growth corridor just minutes from a major metropolitan area, this impressive 0.86 acre investment property combines flexible zoning with strong market fundamentals. Currently improved with a single-family home, the site is zoned for moderate commercial uses offering an exceptional opportunity for income generation, value-add development, or long-term appreciation. Some of the potential uses with this property are, multifamily housing, affordable housing projects, medical facilities and business/retail to name a few. Buyer/Buyers agent to do due diligence with county regarding potential uses and development opportunities.
| MLS # | 599347539 |
|---|---|
| Listing Type | For Sale |
| Style | House |
| Sub-Type | Resale |
| Status | Active |
| Year | 1946 |
| Days On Site | 378 |
| Listing Provided By | Engel & Volkers West Portland | Denis Sieben |
| Bed(s) | 3 |
|---|---|
| Bath(s) | 4 Total |
| SQ Feet | 1,312 |
| Basement | Y |
| Zoning | MC |
| Acreage | 0.86 |
| Property View | ParkGreenbelt, Territorial |
| Heating | Other |
|---|---|
| Heating Yn | No |
| Cooling | Other |
| Cooling Yn | No |
| Roof | Composition |
|---|---|
| Foundation Details | Concrete Perimeter |
| Lot Features | Gated, Level, Seasonal |
| Attached Garage Yn | No |
|---|---|
| Parking Features | Other, RVAccess Parking |
| Property | 2998 |
|---|
| State | OR |
|---|---|
| County | Multnomah |
| City | Gresham |
| Zip Code | 97030 |
| School District | Centennial |
| Elementary School | Butler Creek |
| High School | Centennial |
| Listing VS Median (in 97030) | |
Price: $749,000 low | high Med: $449,947 sqft: 1,312 low | high Med: 1,598 $ / sqft: $571 low | high Med: $282 On site: 378 low | high Med: 312 | |
| State | OR |
|---|---|
| County | Multnomah |
| City | Gresham |
| Zip Code | 97030 |
| School District | Centennial |
| Elementary School | Butler Creek |
| High School | Centennial |
| Listing VS Median (in 97030) | |
Price: $749,000 low | high Med: $449,947 sqft: 1,312 low | high Med: 1,598 $ / sqft: $571 low | high Med: $282 On site: 378 low | high Med: 312 | |