Description
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.
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2BEDS
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0.46ACRES
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1BATHS
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01/2 BATHS
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1,075SQFT
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$372$/SQFT
School Information
Description
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.
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