5321 SE WELCH RD, Gresham, OR 97080
- $699,000
- 5
- BD
- 3
- BA
- 2,922
- SqFt
- List Price
- $699,000
- Price Change
- ▼ $51,000 1783905371
- Days on Market
- 44
- Status
- ACTIVE
- MLS#
- 567137463
- Bedrooms
- 5
- Bathrooms
- 3
- Living Area
- 2,922
- Lot Size
- 20, 000 SqFt to .99 Acres
- Region
- Gresham, Sandy, Troutdale, Corbett
Property Description
This home is an Automotive & Storage Haven:Boasting a massive 4-car garage, complemented by 2 dedicated RV hookups & substantial parking. The property is enclosed by high-quality custom fencing featuring wrought iron accents, providing both security & aesthetic sophistication. Comes w/17'8 storage container & multiple outbuildings. Enjoy peak a boo view of Mt. Hood, a hallmark of premium Pacific Northwest real estate. Live in it as is while you plan your future development strategy. Located in the heart of Gresham’s growth corridor, this property sits amidst a landscape of modern residential expansion. Whether you are looking for a multi-generational family compound or a strategic land-banking opportunity, the flexibility of the LDR-5 zoning makes this one of the most versatile listings on the market today. Unlock the Potential of this unique property & discover the perfect blend of investment potential and comfortable living situated on a large 23,646 sq. ft. lot. This property offers a rare opportunity in a rapidly evolving neighborhood. With Low Density Residential (LDR-5) zoning, this parcel is primed for development, including duplexes, quad-plexes, or charming cottage clusters—perfect for investors looking to capitalize on the surge of new development surrounding this prime location in the near future. Attention Investors the primary value of this property lies not in its current state, but in its "highest and best use." Have your own farm within city limits with potential infill development. Rasberries, Blueberries, Grapes, Chicken coop, Horse Pen. All personal property negotiable. Highly desirable to Builders looking for a future small-scale multi-family project. The "density bonus" is potential money in the bank."Buyer to verify development potential with the City of Gresham. Preliminary review suggests the LDR-5 zoning may support a variety of middle-housing options."
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Additional Information
- Tax Amount
- $7,400
- Year Built
- 1970
- High School
- Sam Barlow
- Elementary School
- Kelly Creek
- Middle School
- Gordon Russell
- Fireplaces Total
- 2
- Garage Spaces
- 4
- Garage Type
- Attached, Oversized, Tuck-Under
- Acres
- 0.54
- Living Area
- 2,922
- Stories
- 2
- Property Type
- Single Family Residence
- Terms
- Cash, Conventional, FHA, VA Loan
- Master Bedroom Level
- Main
- Cooling Description
- Heat Pump
- Fireplace Description
- Wood Burning
- Fuel Description
- Electricity, Oil
- Heating Description
- Forced Air
- Hot Water Description
- Electricity
- Exterior Description
- Brick, Vinyl Siding
- Roof Type
- Composition
- Sewer Description
- Public Sewer
- Style
- 2 Story, Custom Style
- View
- Mountain(s), Territorial
- Parking
- RV Access/Parking, Secured
- Parking Description
- RV Access/Parking, Secured
- Road Surface
- Paved
- Exterior Features
- Above Ground Pool, Covered Deck, Fenced, Fire Pit, Free-Standing Hot Tub, Garden, Outbuilding, Poultry Coop, RV Hookup, RV Parking, RV/Boat Storage, Tool Shed, Yard
- Interior Features
- Garage Door Opener, High Ceilings, High Speed Internet, Soaking Tub, Tile Floor, Wall to Wall Carpet, Washer/Dryer
- Kitchen Appliances
- Built-in Range, Built-in Refrigerator, Convection Oven, Dishwasher, Disposal, Plumbed For Ice Maker, Stainless Steel Appliance(s)
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Listing courtesy of Ten Mile Lake Properties LLC.
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