450 SE HOGAN RD, Gresham, OR 97080
- $375,000
- 2
- BD
- 1
- BA
- 1,075
- SqFt
- List Price
- $375,000
- Days on Market
- 185
- Status
- ACTIVE
- MLS#
- 487530496
- Bedrooms
- 2
- Bathrooms
- 1
- Living Area
- 1,075
- Lot Size
- 15, 000 to 19, 999 SqFt
- Region
- Gresham, Sandy, Troutdale, Corbett
Property Description
Unlock the potential of this nearly ½-acre flat parcel ideally situated near downtown Gresham. Positioned for growth and surrounded by established amenities, this property offers exceptional access to public transit, shopping, dining, and everyday conveniences—making it an attractive location for future residents. Commuters and recreation seekers will appreciate the easy connectivity to both Highway 26 and Interstate 84. Zoned MDR-24, the City of Gresham indicates the potential for 8–10 units, creating a compelling opportunity for middle housing or multifamily development. A residential facility is also an allowable use per City land use code, offering additional flexibility for investors and developers. Buyers to perform their own due diligence regarding all development possibilities and requirements. The level lot, complete with utilities in place, supports a smoother path to construction. The existing brick home presents another possible opportunity by renovating the structure with a rehab loan and utilizing as a single-family residence once again. Either direction, it's an outstanding investment opportunity in a prime growth corridor—bring your vision and explore the possibilities.
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Additional Information
- Tax Amount
- $3,896
- Stories
- 1
- High School
- Gresham
- Elementary School
- East Gresham
- Middle School
- Dexter McCarty
- Fireplaces Total
- 1
- Garage Spaces
- 1
- Garage Type
- Attached
- Acres
- 0.46
- Living Area
- 1,075
- Stories
- 1
- Property Type
- Single Family Residence
- Year Built
- 1952
- Accessibility Features
- Main Floor Bedroom w/Bath
- Master Bedroom Level
- Main
- Cooling Description
- None
- Fireplace Description
- Wood Burning
- Fuel Description
- Electricity
- Heating Description
- None, Wall Heater
- Hot Water Description
- Electricity
- Exterior Description
- Brick
- Roof Type
- Composition
- Sewer Description
- Public Sewer
- Style
- 1 Story, Ranch
- Parking
- Driveway
- Parking Description
- Driveway
- Road Surface
- Paved
- Exterior Features
- Fenced, Outbuilding, Tool Shed, Yard
- Interior Features
- Ceiling Fan(s), Hardwood Floors, Tile Floor
- Kitchen Appliances
- Free-Standing Range, Free-Standing Refrigerator, Tile
Mortgage Calculator
Listing courtesy of John L. Scott Sandy.
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