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1721 SW Butler Rd, Gresham, OR 97080 — photograph 1

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1721 SW Butler Rd, Gresham, OR 97080 — photograph 1
3.88 Acres

1721 SW Butler Rd, Gresham

$685,000

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ActiveMLS®: 477658964Listing held by another brokerage, marked RMLS
Lot size
3.88 acres
Property type
Land
Days on market
192

Overview

Discover the potential of this rare 3.88-acre residential parcel ideally positioned for future development. With a brand-new subdivision nearing completion just down the road, the momentum for new housing in the area is already underway—making this an exciting opportunity for builders, developers, or investors looking to secure their next project. The existing home is currently owner-occupied, but the true value lies in the land and its development possibilities.Preliminary concepts suggest the potential for a thoughtfully designed residential community, with room for multiple homes (buyer to verify with city). A certified arborist tree inventory has already been completed, offering helpful insight for planning and site design. Early discussions indicate utilities such as water and sewer may be extended from the north side of the property, creating a logical path for future infrastructure (buyer to verify).Located along Butler Road, future development may include frontage improvements such as sidewalks and related enhancements, consistent with nearby new construction. Depending on final engineering, grading and retaining solutions may be incorporated into a cohesive subdivision design. The surrounding area is experiencing growth, and the nearby new subdivision highlights the strong demand for new homes in this desirable location.Builders may envision a boutique subdivision, a cluster of new homes, or even a luxury estate concept utilizing the full acreage. The existing residence provides flexibility for interim use while development plans are explored. Whether you're looking to build now or secure land for your next project, this property offers scale, flexibility, and timing aligned with nearby development activity.Opportunities of this size with development potential—especially near newly built communities—are increasingly hard to find. Bring your vision and explore the possibilities. Buyer to perform all due diligence regarding zoning, density, and utilities.

Details

Interior

Cooling
No
Heating
No

Exterior and lot

Lot size
3.88 acres
Lot features
Pasture, Private Road, Secluded, Trees
View
Yes
View description
Territorial

Schools

High school
Centennial
Middle school
Centennial
Elementary school
Butler Creek

Location

City
Gresham
County
Multnomah
Zoning
LDR

Taxes and dues

Annual taxes
$4,106 (2025)

Location

1721 SW Butler Rd, Gresham, OR 97080

Map showing the location of 1721 SW Butler Rd, Gresham, OR 97080
© Mapbox © OpenStreetMap

Monthly payment estimate

$3,988 /mo

20% · $137,000
7.00%
Principal and interest
$3,646
Property tax (2025)
$342
Total
$3,988

Estimate only, and not an offer of credit. Assumes 20% down ($137,000) 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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