450 SE HOGAN RD, Gresham, OR 97080

  • $375,000

Overview

  • Land, MultiFamily
    Property Type
  • 799342585
    MLS#
  • John L. Scott Sandy
    Office Name
  • Brett Bodine
    Agent Name

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.

Details

Updated on February 24, 2026 at 12:33 am
  • MLS# 799342585
  • Price $375,000
  • Garage Size x x
  • Property Type Land, MultiFamily
  • Property Status Active
  • Office Name John L. Scott Sandy
  • Agent Name Brett Bodine
  • Office Phone 503-826-9000

Additional details

  • Listing Terms Cash, Rehab
  • Utilities Cable Available, Electricity Connected, Sewer Connected, Water Connected
  • County Multnomah
  • Property Type Land
  • Elementary School East Gresham
  • Middle School Dexter McCarty
  • High School Gresham

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