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NE 5th St, Gresham, OR 97030 — photograph 1

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NE 5th St, Gresham, OR 97030 — photograph 1
0.68 Acres

NE 5th St, Gresham

$996,000

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ActiveMLS®: 172480520Listing held by another brokerage, marked RMLS
Lot size
29,621 sqft
Property type
Land

Overview

These prime development parcels are perfectly positioned in vibrant Historic Downtown Gresham, bustling with delightful restaurants, trendy shops, and an array of local amenities.Zoned DRL-2, a mixed-use sub-district, will allow single detached dwellings while also allowing duplexes, triplexes, quadplexes, townhouses, cottage clusters, multifamily, and small-scale commercial activities. All utilities available. This rare gem presents more than just land; it offers limitless potential in an area ripe for growth and development. Buyer to verify all information and development potential with the City of Gresham.

Details

Interior

Cooling
No
Heating
No

Exterior and lot

Lot size
29,621 sqft
View
No

Schools

High school
Gresham
Middle school
Dexter McCarty
Elementary school
East Gresham

Location

City
Gresham
County
Multnomah
Zoning
DRL-2

Taxes and dues

Annual taxes
$2,600 (2024)

Location

NE 5th St, Gresham, OR 97030

Map showing the location of NE 5th St, Gresham, OR 97030
© Mapbox © OpenStreetMap

Monthly payment estimate

$5,518 /mo

20% · $199,200
7.00%
Principal and interest
$5,301
Property tax (2024)
$217
Total
$5,518

Estimate only, and not an offer of credit. Assumes 20% down ($199,200) and a 30-year fixed rate at 7.00%. Property tax is the assessed annual amount from the listing, divided by twelve. Rates change daily. Insurance and mortgage insurance are not included. Speak to a lender for terms that apply to you.

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