15
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Listed by John L. Scott Sandy
$399,999
Est. payment /mo
0.46 Acres Lot
Active
450 SE HOGAN RD Gresham, OR 97080
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Key Details
Property Type Vacant Land
Sub Type Mixed Use
Listing Status Active
Purchase Type For Sale
MLS Listing ID 391834664
Annual Tax Amount $3,730
Lot Size 0.460 Acres
Property Sub-Type Mixed Use
Property 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.
Location
State OR
County Multnomah
Area _144
Zoning MDR-24
Exterior
Utilities Available ElectricityConnected, WaterConnected
Garage No
Building
Lot Description Public Road
Schools
Elementary Schools East Gresham
Middle Schools Dexter Mccarty
High Schools Gresham
Others
Acceptable Financing Cash, Rehab
Listing Terms Cash, Rehab
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