Benedicte Carbonnier - Coldwell Banker Walla Walla Logo
$375,000
 $2,013 est/mo Sourced by Back At You

450 SE Hogan Rd,Gresham, OR 97080

Gresham, OR 97080

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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

MLS #487530496
Listing TypeFor Sale
StyleHouse
Sub-TypeResale
StatusActive
Year1952
Days On Site209
Listing Provided ByJohn L. Scott Sandy | Brett Bodine

Features

Bed(s)2
Bath(s) 1 Total
SQ Feet1,075
Garage1
BasementY
Story(s)1
Acreage0.46

Interior

HeatingNone, Wall Heater
Heating YnNo
CoolingNone
Cooling YnNo
Interior FeaturesCeiling Fan, Hardwood Floors, Tile Floor
Window FeaturesVinyl Frames, Wood Frames
AppliancesFree Standing Range, Free Standing Refrigerator, Tile

Exterior

Exterior FeaturesFenced, Outbuilding, Tool Shed, Yard
RoofComposition
Foundation DetailsConcrete Perimeter
Lot FeaturesLevel, On Busline

Parking

Attached Garage YnYes
Parking FeaturesDriveway

Taxes

Property3896

Area Information

StateOR
CountyMultnomah
CityGresham
Zip Code97080
School DistrictGresham
Elementary SchoolEast Gresham
High SchoolGresham
Listing VS Median (in 97080)
Price:
$375,000
low | high
Med:
$520,000
11.333466666667% of Average
sqft:
1,075
low | high
Med:
1,767
14.325581395349% of Average
$ / sqft:
$349
low | high
Med:
$296
65.289275525125% of Average
On site:
209
low | high
Med:
32
100% of Average
Sourced by Back At You

Market Activity 97080

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The content relating to real estate for sale on this web site comes in part from the IDX program of the RMLS™ of Portland, Oregon. Real estate listings held by brokerage firms other than Madaire Realty are marked with the RMLS™ logo, and detailed information about these properties includes the names of the listing brokers. Listing content is copyright © 2020 RMLS™, Portland, Oregon.

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Contact

Learn More About This Property

Benedicte Carbonnier

Benedicte Carbonnier

Coldwell Banker Walla Walla

 (509) 730-9755benedicte@wallawallacb.com
StateOR
CountyMultnomah
CityGresham
Zip Code97080
School DistrictGresham
Elementary SchoolEast Gresham
High SchoolGresham
Listing VS Median (in 97080)
Price:
$375,000
low | high
Med:
$520,000
11.333466666667% of Average
sqft:
1,075
low | high
Med:
1,767
14.325581395349% of Average
$ / sqft:
$349
low | high
Med:
$296
65.289275525125% of Average
On site:
209
low | high
Med:
32
100% of Average
Sourced by Back At You
Listing Updated: September 19, 2026 at 12:33:22 AM PDT