Presented by: Engel & Volkers West Portland - westportland@engelvoelkers.com
Property Description
Located in a high-growth corridor just minutes from a major metropolitan area, this impressive 0.86 acre investment property combines flexible zoning with strong market fundamentals. Currently improved with a single-family home, the site is zoned for moderate commercial uses — offering an exceptional opportunity for income generation, value-add development, or long-term appreciation. Some of the potential uses with this property are, multifamily housing, affordable housing projects, medical facilities and business/retail to name a few. Buyer/Buyers agent to do due diligence with county regarding potential uses and development opportunities.
Interior Features
Bedrooms
Total Bedrooms3
Bathrooms
1/2 Baths1
Total Bathrooms3.1
Total Baths4
Other Interior Features
FuelDescriptionOther
BasementOther
Hot WaterElectricity, Other
General
ADUNo
Accessory Dwelling Unit Y/NN
Architectural StyleOther
AttributionContactwestportland@engelvoelkers.com
CityGresham
CoolingOther
CountyMultnomah
DirectionsLocated off off Powell Blvd, behind Safeway and commercial establishments.
DisclosuresDisclosure
Elementary SchoolButler Creek
Full Baths3
Garage Spaces0
HOANo
HeatingOther
High SchoolCentennial
Legal DescriptionSECTION 18 1S 3E, TL 800 0.86 ACRES
Listing TermsCash, Conventional, Other
Lot Size Square Feet37461.0
MLS Area_144
Middle/Junior High SchoolCentennial
Parcel Number0
Property ConditionFixer
Property SubtypeSingleFamilyResidence
Property TypeResidential
RoofComposition
SeniorCommunityYnNo
SewerPublicSewer, StandardSeptic
Standard StatusActive
StatusActive
Stories Count0
Tax Annual Amount$2,999
Tax Year2025
ViewDescriptionParkGreenbelt, Territorial
Year Built1946
ZoningMC
Exterior
Building Area Total1,312 sqft
Exterior DescriptionOther, WoodSiding
Foundation DetailsConcretePerimeter
Garage TypeDetached
Lot FeaturesGated, Level, Seasonal
Lot Size Acres0.86
Parking FeaturesOther, RVAccessParking
Road Surface TypeGravel, Other
Total Parking0
Water SourcePublicWater, Well
Additional Details
Price History
Schools
Middle School
Centennial Middle School
High School
Centennial High School
Elementary School
Butler Creek Elementary School
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