5321 SE WELCH RD
Gresham, OR, 97080 $ 699,000
Bedrooms5 Baths3.0 Sq 2,922 Monthly Estimate*
$ 4,414
for $699,000 with 5 bedrooms and 3 full baths. This 2,922 square foot home was built in 1970 on a lot size of 0.543.
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.
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FeaturesInteriorInterior Amenities GarageDoorOpener HighCeilings HighSpeedInternet SoakingTub TileFloor WalltoWallCarpet WasherDryer
Basement Daylight Finished FullBasement
Total Fireplaces 2
Fireplace Features WoodBurning
Hot Water Electricity
Total Bathrooms 3.0
Total Bedrooms 5
Total Baths 3
1/2 Baths 0
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GeneralSewer PublicSewer
Heating ForcedAir
Cooling HeatPump
Roof Composition
Appliances BuiltinRange BuiltinRefrigerator ConvectionOven Dishwasher Disposal PlumbedForIceMaker StainlessSteelAppliance
Zoning LDR 5
Garage Spaces 4.0
Architectural Style Stories2 CustomStyle
Year Built 1970
Stories Count 2
Property Subtype SingleFamilyResidence
Tax Year 2025
Parcel Number R339844
County Multnomah
Property Type Residential
HOA N
Full Baths 3
Status Active
Directions Left on 282nd/Boring Rd then Turn Left on Welch Rd .3m Turn Right 300ft to home.
High School Sam Barlow
City Gresham
Disclosures Disclosure
MLS Area _144
Lot Size Square Feet 23653.0
Listing Terms Cash Conventional FHA VALoan
Elementary School Kelly Creek
Tax Annual Amount 7400.94
Middle/Junior High School Gordon Russell
Property Condition Approximately
Standard Status Active
Accessory Dwelling Unit Y/N N
Legal Description SECTION 13 1S 3E TL 3500 0.51 ACRES
ADU False
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ExteriorExterior Amenities AboveGroundPool CoveredDeck Fenced FirePit FreeStandingHotTub Garden Outbuilding PoultryCoop RVHookup RVParking RVBoatStorage ToolShed Yard
Parking Features RVAccessParking Secured
Lot Features Level
Water Source PublicWater
Total Parking 4.0
Garage Type Attached Oversized TuckUnder
Exterior Description Brick VinylSiding
Foundation Details Slab
Building Area Total 2922.0
Lot Size Acres 0.543
Road Surface Type Paved
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* Excluded FeaturesList ByTen Mile Lake Properties LlcBroker
tenmilelakeproperties@gmail.comContact
Affordability Calculator
- Monthly Principal & Interest
- $4,414
- Monthly Property Taxes
- $617
- Monthly Home Insurance
- --
Default based on a 30-year fixed rate of 6.49% 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.
Learn more about how to save NearbySingle family listings in Gresham, OR
Average List Price $591,346
Percent of Sale Price 15%
About Gresham, OR 113,713 Population
26% Since 2002
$ 51,832 Median Income
36.26 Median Age
32% Households with Children
Trends Information provided by ATTOM Data Solutions.
1949749 Elementary School
1949966 Middle School
Sam Barlow High School High School
Pricing History| Date | Price | Price Change | Description |
|---|
| 7/12/2026 | $699,000 | -6.80% | Price Down |
| 6/15/2026 | $750,000 | | Listed Price |