5321 SE WELCH RD, Gresham, OR 97080

  • $699,000
  • $750,000

Overview

  • 5
    Bedrooms
  • 3
    Bathrooms
  • 4.0
    Car Garage
  • 2922 Sqft
    Property Size
  • 1970
    Year Built
  • SingleFamilyResidence, Residential
    Property Type
  • 567137463
    MLS#
  • 0.543 Acres
    Land Area
  • Ten Mile Lake Properties LLC
    Office Name
  • Lisa Benson
    Agent Name

Description

UNLOCK THE POTENTIAL OF THIS UNIQUE GRESHAM PROPERTY! A rare opportunity to own a versatile 23,646 sq. ft. lot in the heart of Gresham’s growth corridor, offering an exceptional combination of comfortable living, extensive parking/storage, and exciting future possibilities. The property is enclosed by high-quality custom fencing with wrought-iron accents, providing privacy, security, and impressive curb appeal. The property also includes a 17’8″ storage container, multiple outbuildings, and a productive mini-farm setup with raspberries, blueberries, grapes, a chicken coop, and horse pen—bringing the best of country-style living right into the city. Enjoy a peek-a-boo view of Mt. Hood, adding to the property’s Pacific Northwest appeal. For the automotive enthusiast, contractor, hobbyist, or home-based business owner, this property is exceptionally well equipped. A massive 4-car garage, substantial additional parking, and two dedicated RV hookups provide an abundance of room for vehicles, recreational equipment, workspaces, storage, and guests. The existing home allows you to live comfortably while planning your long-term vision. Whether your goal is to create a multi-generational family compound, maintain an urban homestead, operate a home business, or pursue future development, this property offers remarkable flexibility. Investors and builders take notice: The property is zoned LDR-5 (Low Density Residential), presenting potential for future infill and middle-housing opportunities, subject to City of Gresham requirements, approvals, and buyer due diligence. Preliminary review suggests the zoning may allow for a variety of residential configurations, potentially including duplexes, quadplexes, cottage clusters, or other permitted housing options. The property’s value extends well beyond its current use. For the savvy buyer, this is an opportunity to secure a large parcel in an evolving area today while planning for tomorrow’s highest and best use.

Details

Updated on September 2, 2026 at 4:20 pm
  • MLS# 567137463
  • Price $699,000
  • Property Size 2922 Sqft
  • Land Area 0.543 Acres
  • Bedrooms 5
  • Bathrooms 3
  • Car Garage 4.0
  • Garage Size x x
  • Year Built 1970
  • Property Type SingleFamilyResidence, Residential
  • Property Status Active
  • Office Name Ten Mile Lake Properties LLC
  • Agent Name Lisa Benson
  • Office Phone 971-983-7147

Additional details

  • Listing Terms Cash, Conventional, FHA, VALoan
  • Roof Composition
  • Sewer Public Sewer
  • Cooling Heat Pump
  • Heating Forced Air
  • County Multnomah
  • Property Type Residential
  • Parking RVAccess Parking, Secured
  • Elementary School Kelly Creek
  • Middle School Gordon Russell
  • High School Sam Barlow
  • Architectural Style Stories2, Custom Style

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