NE 5TH ST Gresham, OR $ 1,150,000
NE 5TH ST
$ 1,150,000
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NE 5TH ST

Gresham, OR, 97030
$ 1,150,000
Baths0.0

Monthly Estimate*

$ 7,175

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Studio

Lots and Land for sale in Gresham, OR

for $1,150,000. The lot size is 0.68.

These prime development parcels are perfectly positioned in vibrant Historic Downtown Gresham, bustling with delightful restaurants, trendy shops, and an array of local amenities.Zoned DRL-2, a mixed-use sub-district, will allow single detached dwellings while also allowing duplexes, triplexes, quadplexes, townhouses, cottage clusters, multifamily, and small-scale commercial activities. All utilities available. This rare gem presents more than just land; it offers limitless potential in an area ripe for growth and development. Buyer to verify all information and development potential with the City of Gresham.

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Lots and Land Active

Price

$ 1,150,000

Bedrooms

Studio

Property Type

Lots and Land

Taxes

$ 2,600

Style

ResidentialRecreational

Lot Size

0.68

Town/City

Gresham

County/Region

Multnomah

MLS | Web ID

172480520

Features
General
Utilities ElectricityAvailable NaturalGasAvailable PublicSewer WaterAvailable
Zoning DRL-2
Property Subtype ResidentialRecreational
Tax Year 2024
Current Use RawLand
Parcel Number R313994
County Multnomah
Property Type Land
HOA N
Status Active
Directions Powell or Division to Cleveland East on 5th
High School Gresham
City Gresham
Disclosures Disclosure
MLS Area _144
Lot Size Square Feet 29620.0
Listing Terms Cash Conventional
Elementary School East Gresham
Tax Annual Amount 2600.0
Middle/Junior High School Dexter McCarty
Virtual Tour https://view.spiro.media/order/5ab20e83-fc9d-4fee-a380-08ddacad3791?branding=false
Standard Status Active
Accessory Dwelling Unit Y/N N
Legal Description ZENITH ADD BLOCK 9 INC PT VAC ST & INC PT VAC ALLEY LOT 1&2
ADU False
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Exterior
Lot Size Acres 0.68
Road Surface Type Paved
Number of Lots 2
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* Excluded Features
List By
Kohler Meyers O'halloran Inc.

Broker

darren@kmorealestate.com

Email

Affordability Calculator

$7,391
Per Month
97%
3%
0%
Monthly Principal & Interest
$7,175
Monthly Property Taxes
$217
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
1948926 Elementary School
1948971 Middle School
Gresham High School High School
Pricing History
DatePricePrice ChangeDescription
6/26/2025$1,150,000 Listed Price

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NE 5TH ST, Gresham, OR, 97030 is a Lots and Land for sale at $1,150,000 with a lot size of 0.68. NE 5TH ST is a studio with 0.0 baths. The property's zip code is 97030 which is in Gresham, OR