$699,000

5321 Se WELCH Rd, Gresham, OR 97080

  • 5 beds |
  • 3 baths |
  • 2,922 sqft
  • Property Icon Single-Family Home
  • Property Year Built Icon Built in 1970
  • Property Lot Size Icon0.54acre lot
  • Property Parking Icon 4 car garage
  • Property Price Per Square Feet Icon $239/sqft
  • Property List Date Icon Listed 1 month ago

Property Description

This home is an Automotive & Storage Haven:Boasting a massive 4-car garage, complemented by 2 dedicated RV hookups & substantial parking. The property is enclosed by high-quality custom fencing featuring wrought iron accents, providing both security & aesthetic sophistication. Comes w/17'8 storage container & multiple outbuildings. Enjoy peak a boo view of Mt. Hood, a hallmark of premium Pacific Northwest real estate. Live in it as is while you plan your future development strategy. Located in the heart of Gresham’s growth corridor, this property sits amidst a landscape of modern residential expansion. Whether you are looking for a multi-generational family compound or a strategic land-banking opportunity, the flexibility of the LDR-5 zoning makes this one of the most versatile listings on the market today. Unlock the Potential of this unique property & discover the perfect blend of investment potential and comfortable living situated on a large 23,646 sq. ft. lot. This property offers a rare opportunity in a rapidly evolving neighborhood. With Low Density Residential (LDR-5) zoning, this parcel is primed for development, including duplexes, quad-plexes, or charming cottage clusters—perfect for investors looking to capitalize on the surge of new development surrounding this prime location in the near future. Attention Investors the primary value of this property lies not in its current state, but in its "highest and best use." Have your own farm within city limits with potential infill development. Rasberries, Blueberries, Grapes, Chicken coop, Horse Pen. All personal property negotiable. Highly desirable to Builders looking for a future small-scale multi-family project. The "density bonus" is potential money in the bank."Buyer to verify development potential with the City of Gresham. Preliminary review suggests the LDR-5 zoning may support a variety of middle-housing options."

Listing Status:
Active
Date Added:
June 15, 2026
Data Last Updated:
August 6, 2026 at 7:44AM
Listing Office:
Ten Mile Lake Properties LLC : 971-983-7147
Listing Agent:
Lisa Benson : 971-983-7147
MLS ID:
567137463
  • General: Garage door openerHigh ceilingsHigh speed internetSoaking tubTile floorWallto wall carpetWasher dryer
  • Appliances: Builtin rangeBuiltin refrigeratorConvection ovenDishwasherDisposalPlumbed for ice makerStainless steel appliance
  • Basement: DaylightFinishedFull basement
  • A/C: Heat pump
  • Heating: Forced air
  • Fireplace: Wood burningFireplaceFireplaces: 2
  • General: BrickVinyl sidingAbove ground poolCovered deckFencedFire pitFree standing hot tubGardenOutbuildingPoultry coopRv hookupRv parkingRv boat storageTool shedYard
  • Style: Stories 2Custom style
  • Parking: Rv access parkingSecuredParking spaces: 4
  • Roofing: Composition
  • General: Slab
  • Road/Access: Paved
  • Originating MLS: Regional Multiple Listing ServiceInc.
  • County: Multnomah
  • Zoning: LDR 5SECTION 13 1S 3ETL 3500 0.51 ACRESR339844
  • View: View
  • Water: Public water
  • Sewer: Public sewer
  • Source: Regional Multiple Listing ServiceInc.

This listing courtesy of Lisa Benson , Ten Mile Lake Properties LLC

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

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Location

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