Prime Development Lot Near Downtown Gresham with Utilities

USD $399,999
450 Southeast Hogan Road, Gresham, Oregon, 97080, USA

Property Highlights

  • Nearly 1/2 acre flat lot
  • Utilities already in place
  • Close to downtown Gresham
  • Easy access to Highway 26
  • Zoned for 8-10 housing units
  • Existing brick home on property

Overview

Discover the potential of this nearly 1/2 acre lot, perfectly positioned for growth and development. Located near downtown Gresham, this property offers easy access to transit and local amenities, making it an ideal spot for future residents. With Highway 26 nearby, enjoy a quick trip up the Mountain, along with a straightforward 10-minute jaunt to I-84 for a convenient trip to downtown Portland or up the gorge. Zoned MDR-24, the City of Gresham indicates that 8-10 units could be developed on this site, presenting a fantastic opportunity for a Middle Housing project. The flat parcel, complete with utilities in place, ensures a smoother build-out process. The existing brick residence offers another potential investment option and with a rehab loan, could be transformed into a solid primary residence once again.
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Property Features

450 Southeast Hogan Road, Gresham, Oregon, 97080, USA offers the following features:

Bedrooms: 2
Bathrooms: 1 Full
Living Area: 1075sf
Property Type: Residential
Status: Active
Reference ID: 245634365

What's Nearby

Local businesses near 450 Southeast Hogan Road, Gresham, Oregon, 97080, USA:

School: < 1 mile
Gym: 1 mile
Grocery/Shopping Center: 1 mile
Public Transportation: 1 mile
Hospital: 1.1 miles
Police Station: 2.1 miles

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