$375,000

450 Se HOGAN Rd, Gresham, OR 97080

Land
Built in ——
—— sqft lot
—— car garage
$——/sqft
Listed 5 days ago

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:: February 28, 2026 at 7:40AM
Listing Office:: John L. Scott Sandy : 503-826-9000
Listing Agent:: Brett Bodine : 503-318-9108
MLS ID:: 799342585

General: Residence

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

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

Utilities: Cable availableElectricity connectedSewer connectedWater connected

Source: Regional Multiple Listing ServiceInc.

This listing courtesy of Brett Bodine , John L. Scott Sandy

Monthly Payment

$Est. Payment

Principal & Interest $
Property Taxes $
Home Insurance $
VA Funding Fee $

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Location

Schools Nearby

East Gresham Elementary School

900 SE 5th St, Gresham, OR, 97080

Grades KG-5

0.35 miles away

Dexter McCarty Middle School

1400 SE 5th St, Gresham, OR, 97080

Grades 6-8

0.21 miles away

Gresham High School

1200 N Main Ave, Gresham, OR, 97030

Grades 9-12

1.15 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.