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17404 SE Foster Rd, Gresham, OR 97080 — photograph 1

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17404 SE Foster Rd, Gresham, OR 97080 — photograph 1
5.55 Acres

17404 SE Foster Rd, Gresham

$389,000

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PendingMLS®: 614495420Listing held by another brokerage, marked RMLS
Lot size
5.55 acres
Property type
Land
Days on market
40

Overview

Rare opportunity to own 5.55 acres of rural residential land in a convenient Gresham location just east of the Portland border and north of Clackamas. Zoned RR (Rural Residential), this property offers space, privacy, and potential for a custom home or future development (buyer to verify).The land features a natural mix of trees and open areas with level to gently rolling terrain, offering flexibility for a variety of residential uses while maintaining a sense of privacy and separation from neighboring properties.Once part of the historic Richey family homestead, the property carries a unique sense of history and legacy while offering an opportunity to create something entirely your own. Access from both SE Foster Rd and SE 172nd Ave provides flexibility and convenience while maintaining a tucked-away rural feel.Utilities are available nearby, including electricity and water (buyer to verify all utility access, septic, sewer availability, and development requirements). Existing barn structure of no value.Conveniently located approximately 14 miles to PDX, 15 miles to Downtown Portland, and 8 miles to Mt. Tabor and Southeast Portland amenities.Buyer to perform all due diligence regarding zoning, land use, utilities, wetlands, access, and development potential. Developer packet available upon request.

Details

Interior

Cooling
No
Heating
No

Exterior and lot

Lot size
5.55 acres
Lot features
Brush, Private, Secluded, Trees, Wooded
View
No

Schools

High school
Gresham
Middle school
Gordon Russell
Elementary school
Pleasant Valley

Location

City
Gresham
County
Multnomah
Zoning
RR

Taxes and dues

Annual taxes
$2,318 (2025)

Location

17404 SE Foster Rd, Gresham, OR 97080

Map showing the location of 17404 SE Foster Rd, Gresham, OR 97080
© Mapbox © OpenStreetMap

Monthly payment estimate

$2,264 /mo

20% · $77,800
7.00%
Principal and interest
$2,070
Property tax (2025)
$193
Total
$2,264

Estimate only, and not an offer of credit. Assumes 20% down ($77,800) 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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