5321 SE Welch Rd, Gresham, OR 97080
Local realty services provided by:Knipe Realty ERA Powered
5321 SE Welch Rd,Gresham, OR 97080
$699,000
- 5 Beds
- 3 Baths
- 2,922 sq. ft.
- Single family
- Active
Listed by: lisa benson
Office: ten mile lake properties llc.971-983-7147
MLS#:567137463
Source:PORTLAND
Price summary
- Price:$699,000
- Price per sq. ft.:$239.22
About this home
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."...
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Home facts
- Year built:1970
- Listing ID #:567137463
- Added:45 day(s) ago
- Updated:July 29, 2026 at 11:39 AM
Rooms and interior
- Bedrooms:5
- Total bathrooms:3
- Full bathrooms:3
- Bathrooms Description:Soaking Tub
- Kitchen Description:Built In Range, Built In Refrigerator, Convection Oven, Dishwasher, Disposal, Plumbed For Icemaker, Stainless Steel Appliance
- Basement Description:Daylight, Finished, Full Basement
- Living area:2,922 sq. ft.
Heating and cooling
- Cooling:Heat Pump
- Heating:Forced Air
Structure and exterior
- Roof:Composition
- Year built:1970
- Building area:2,922 sq. ft.
- Lot area:0.54 Acres
- Lot Features:Level
- Architectural Style:2 Story, Custom Style
- Exterior Features:Covered Deck, Fenced, Fire Pit, Free Standing Hot Tub, Garden, Outbuilding, Poultry Coop, RV Boat Storage, RV Hookup, RV Parking, Tool Shed, Yard
- Foundation Description:Slab
- Levels:2 Stories
Schools
- High school:Sam Barlow
- Middle school:Gordon Russell
- Elementary school:Kelly Creek
Utilities
- Water:Public Water
- Sewer:Public Sewer
Finances and disclosures
- Price:$699,000
- Price per sq. ft.:$239.22
- Tax amount:$7,401 (2025)
Features and amenities
- Laundry features:Washer/Dryer
- Amenities:Garage Door Opener, High Ceilings, High Speed Internet, Tile Floor, Wall To Wall Carpet
Parking
- Total parking spaces:4
- Parking description:RV Access Parking, Secured
- Garage spaces:4
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