Rare opportunity for builders, developers or investors to acquire 5.5 acres of residential development land in a highly desirable Gresham location. Situated south of Butler Creek Elementary and north of Kelly Creek, this property offers an ideal setting for a thoughtfully planned subdivision in an area with strong housing demand.Zoned LDR-5, the site comes with pre-approval from the City of Gresham and preliminary plans for an 18-lot subdivision—significantly reducing upfront entitlement risk and accelerating your path to development.
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107
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Zillow last checked:
Listing updated:
Listed by:
Emelia Wessel503-730-7077,
Premiere Property Group LLC
Source: RMLS (OR),MLS#: 535239138
Facts & features
Interior
Bedrooms & bathrooms
Bedrooms: 3
Bathrooms: 2
Full bathrooms: 2
Main level bathrooms: 1
Rooms
Room types: Bedroom 2, Bedroom 3, Dining Room, Family Room, Kitchen, Living Room, Primary Bedroom
Primary bedroom
Level: Main
Heating
Baseboard
Features
Basement: Finished
Number of fireplaces: 2
Fireplace features: Insert, Wood Burning
Interior area
Total structure area: 2,600
Total interior livable area: 2,600 sqft
Property
Parking
Total spaces: 1
Parking features: Carport, Attached
Attached garage spaces: 1
Has carport: Yes
Features
Levels: Two,Multi/Split
Stories: 2
Waterfront features: Stream
Lot
Size: 5.5 Acres
Features: Gentle Sloping, Sloped, Trees, Acres 5 to 7
Details
Parcel number: R340878
Zoning: Ldr-5
Construction
Type & style
Home type: SingleFamily
Property subtype: Residential, Single Family Residence
Materials
Wood Siding
Foundation: Concrete Perimeter
Roof: Composition,Shingle
Condition
Resale
New construction: No
Year built: 1968
Utilities & green energy
Sewer: Septic Tank
Water: Well
Community & HOA
HOA
Has HOA: No
Location
Region: Gresham
Financial & listing details
Price per square foot: $692/sqft
Tax assessed value: $4,143,880
Annual tax amount: $7,910
Date on market: 4/13/2026
Listing terms: Call Listing Agent,Cash,Contract,Conventional,FHA,Owner Will Carry
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Principal & interest
$1,547
Mortgage insurance
$0
Property taxes
$170
Home insurance
$105
HOA fees
$0
Utilities
Not included
All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
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