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Andrea Hand

[email protected] +1(541) 990-6718

Listed by Premiere Property Group, LLC

$ 350,000

Est. payment | -/mo

3 Beds

1 Bath

1,580 SqFt

Save Virtual Tour

$ 350,000

Est. payment | -/mo

Save Virtual Tour

3 Beds

1 Bath

1,580 SqFt

Key Details

Property Type Single Family Home

Sub Type Single Family Residence

Listing Status Active

Purchase Type For Sale

Square Footage 1,580 sqft

Price per Sqft $221

MLS Listing ID 258105365

Style Daylight Ranch

Bedrooms 3

Full Baths 1

HOA Y/N No

Year Built 1952

Annual Tax Amount $3,225

Tax Year 2025

Lot Size 0.360 Acres

Property Sub-Type Single Family Residence

Property Description

Development opportunity with multiple possibilities on the Gresham boarder! This 15,555 sq ft (.36-acre) LDR-7 zoned parcel offers flexibility for builders, developers, investors, or buyers looking for a unique project. Explore development configurations including 2 single-family homes, duplexes, triplexes, quadplexes, townhomes, or a cottage cluster with up to 9 cottages, subject to City of Gresham approval and applicable development standards. The mostly level, rectangular lot offers approximately 85 feet of frontage on NE Multnomah St, creating a versatile footprint for redevelopment. The existing residence is connected to city sewer and water, with services connected at Multnomah Street. A conceptual 4-unit townhome layout is available to illustrate one potential configuration. Not ready to start from scratch? The existing residence and detached garage also offer potential for an extensive fixer/renovation project, with the possibility of creating a home with up to 5 bedrooms and 2.5 bathrooms on a large private lot. Whether you envision renovating the existing property, building two single-family homes, or maximizing the site with middle housing, this property offers several paths to explore. Conveniently located near shopping, dining, parks, I-84, and major commuter routes. Developer packet available upon request. Buyer to complete all due diligence and verify zoning, utilities, development potential, unit count, renovation possibilities, and intended use with the appropriate governing agencies.

Location

State OR

County Multnomah

Area _142

Rooms

Basement Daylight, Partially Finished

Interior

Interior Features Wood Floors

Heating Other

Cooling Wall Unit

Exterior

Exterior Feature Fenced, Yard

Parking Features Attached, ExtraDeep, Tandem

Garage Spaces 2.0

Roof Type Shingle

Garage Yes

Building

Lot Description Level, Trees

Story 2

Foundation Concrete Perimeter

Sewer Public Sewer

Water Public Water

Level or Stories 2

Schools

Elementary Schools Wilkes

Middle Schools H.B. Lee

High Schools Reynolds

Others

Senior Community No

Acceptable Financing Cash

Listing Terms Cash

Virtual Tour https://shifted-optics.aryeo.com/sites/egbolvzl/unbranded

Regional Multiple Listing Service (RMLS)

Nearby Locations

"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(541) 990-6718

[email protected]

16434 NE MULTNOMAH ST Portland, OR 97230