Overview
- 4
- 1
- 2369 Sqft
- 1923
- SingleFamilyResidence, Residential
- 207070322
- 0.74 Acres
- Knipe Realty ERA Powered
- Jesse Richter
Description
Rare MDR-zoned opportunity on nearly 3/4 acre with exceptional redevelopment and investment potential. Previous planning discussions indicated the possibility of approximately 18 residential units (buyer to verify). Ideal for builders, developers, investors, entrepreneurs, and owner-occupants seeking flexibility and future upside.The existing home offers additional value and can be remodeled, renovated, rented, used as a primary residence, or utilized as a home-based business or office while planning future development. Potential opportunities may include townhomes, cottage clusters, multifamily housing, mixed-use concepts, owner-occupied business use, vehicle sales, or value-add redevelopment (buyer to verify all permitted uses).Situated on a flat, usable site with excellent SE Stark Street visibility and access, opportunities combining land, location, zoning flexibility, and future development potential are increasingly rare. Buyer to perform all due diligence regarding zoning, density, utilities, permits, and development requirements.
Details
Updated on July 21, 2026 at 7:13 am-
MLS# 207070322
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Price $500,000
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Property Size 2369 Sqft
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Land Area 0.74 Acres
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Bedrooms 4
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Bathroom 1
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Garage Size x x
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Year Built 1923
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Property Type SingleFamilyResidence, Residential
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Property Status Active
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Office Name Knipe Realty ERA Powered
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Agent Name Jesse Richter
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Office Phone 503-445-7660
Additional details
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Listing Terms Call Listing Agent, Cash
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Sewer Public Sewer
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Heating Forced Air
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County Multnomah
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Property Type Residential
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Elementary School North Gresham
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Middle School Clear Creek
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High School Gresham
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Architectural Style Stories2
Walkscore
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