$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 #799342585
Listing TypeFor Sale
Sub-TypeResale
StatusActive
Days On Site204
Listing Provided ByJohn L. Scott Sandy | Brett Bodine

Features

ZoningMDR-24

Interior

Heating YnNo
Cooling YnNo

Exterior

Lot FeaturesOn Busline, Public Road

Parking

Attached Garage YnNo

Utilities

UtilitiesCable Available, Electricity Connected, Sewer Connected, Water Connected

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:
$534,995
7.334666666667% of Average
On site:
204
low | high
Med:
17.5
100% of Average
Sourced by Back At You

Market Activity 97080

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Learn More About This Property

StateOR
CountyMultnomah
CityGresham
Zip Code97080
School DistrictGresham
Elementary SchoolEast Gresham
High SchoolGresham
Listing VS Median (in 97080)
Price:
$375,000
low | high
Med:
$534,995
7.334666666667% of Average
On site:
204
low | high
Med:
17.5
100% of Average
Sourced by Back At You
Nearby Listings (Within 1/10 mile)
Price: $281K - $468K
sqft: 0 - 0
Nearby Listings Property ImageNearby Listings Details
450 SE HOGAN RD Property Photo 1
$375,000
450 Se Hogan Rd
Gresham, OR 97080
Listing Updated: September 12, 2026 at 12:54:17 AM PDT