450 Se HOGAN Rd, Gresham, OR 97080

Property 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.

Listing Status:

Active

Date Added:

February 23, 2026

Data Last Updated:

June 13, 2026 at 2:42PM

Listing Office:

John L. Scott Sandy : 503-826-9000

Listing Agent:

Brett Bodine : 503-318-9108

MLS ID:

799342585

Exterior

• General: Residence

Location

• Road/Access: Paved
• Originating MLS: Regional Multiple Listing ServiceInc.
• County: Multnomah

Lot

• Zoning: MDR-24SECTION 11 1S 3ETL 900 0.46 ACRESR339443
• Current Use: Residential

Utilities

• Utilities: Cable availableElectricity connectedSewer connectedWater connected

Financial

• Source: Regional Multiple Listing ServiceInc.