Active
Courtesy of Real Estate Performance Group
Photograph 1 of 22
0.68 Acres
NE 5th St, Gresham
$996,000
ActiveMLS®: 172480520
- Lot size
- 29,621 sqft
- Property type
- Land
- Days on market
- 502
Overview
A prime development parcel perfectly positioned in vibrant Historic Downtown Gresham, bustling with restaurants, trendy shops, and an array of local amenities. Zoned DRL-2, a mixed-use sub-district, will allow single detached dwellings while also allowing duplexes, triplexes, quadplexes, townhouses, cottage clusters, multifamily, and small-scale commercial activities. All utilities available. This rare gem presents more than just land; it offers limitless potential in an area ripe for growth and development. Buyer to verify all information and development potential with the City of Gresham.
Details
Interior
- Cooling
- No
- Heating
- No
Exterior and lot
- Lot size
- 29,621 sqft
- Lot features
- Cleared, Public Road
- View
- No
Schools
- High school
- Gresham
- Middle school
- Dexter McCarty
- Elementary school
- East Gresham
Location
- City
- Gresham
- County
- Multnomah
- Zoning
- DRL-2
Taxes and dues
- Annual taxes
- $2,902 (2026)
Location
NE 5th St, Gresham, OR 97030
Monthly payment estimate
$5,543 /mo
20% · $199,200
7.00%
- Principal and interest
- $5,301
- Property tax (2026)
- $242
- Total
- $5,543
Estimate only, and not an offer of credit. Assumes 20% down ($199,200) and a 30-year fixed rate at 7.00%. Property tax is the assessed annual amount from the listing, divided by twelve. Rates change daily. Insurance and mortgage insurance are not included. Speak to a lender for terms that apply to you.
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