790 SE 1ST ST, Gresham, OR 97080

$489,900
5
BD
3
BA
2,306
SqFt

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List Price
$489,900
Days on Market
1
Status
ACTIVE
MLS#
694781632
Bedrooms
5
Bathrooms
3
Living Area
2,306
Lot Size
7, 000 to 9, 999 SqFt
Region
Gresham, Sandy, Troutdale, Corbett

Property Description

Rare opportunity in central Gresham where an existing 5-bedroom home meets future development potential. Situated on an approximately 9,583-square-foot corner lot, this 2,306-square-foot, 5-bedroom, 3-bath home offers flexible living space today with Transition Residential (TR) zoning creating additional possibilities for the property over time. The home features multiple living areas, a finished lower level, and an existing detached garage/shop, making it well suited for an owner occupant, rental investment, or a buyer exploring a larger development strategy.The TR designation allows a variety of residential housing types, including middle-housing options such as duplexes, triplexes, quadplexes, townhomes and cottage-cluster development, subject to applicable City of Gresham requirements. A conceptual site plan illustrates one potential scenario: retaining the existing home while adding two duplex buildings for four additional dwelling units. With frontage along SE 1st St, SE Linden Ave and SE Juniper Ave, the corner location may offer flexibility for access and site planning.This is an opportunity to use the property as it stands, create income, or explore how the existing home and additional residential development could work together. Conceptual renderings are for illustration only and are not approved plans. Buyer to perform all due diligence regarding zoning, density, setbacks, utilities, access, development standards and permitted uses with the City of Gresham.

Additional Information

Tax Amount
$3,495
Stories
3
High School
Gresham
Elementary School
East Gresham
Middle School
Dexter McCarty
Fireplaces Total
1
Garage Spaces
1
Garage Type
Detached
Acres
0.22
Living Area
2,306
Stories
3
Property Type
Single Family Residence
Year Built
1941
Master Bedroom Level
Main
Cooling Description
Window Unit(s)
Fireplace Description
Electric
Fuel Description
Electricity
Heating Description
Forced Air
Hot Water Description
Electricity
Exterior Description
Vinyl Siding
Roof Type
Composition
Sewer Description
Public Sewer
Style
2 Story
Parking
Driveway
Parking Description
Driveway
Exterior Features
Fenced, Yard
Interior Features
Ceiling Fan(s), Hardwood Floors, Washer/Dryer
Kitchen Appliances
Dishwasher, Free-Standing Range, Free-Standing Refrigerator

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Calculator source: Real Geeks

Listing courtesy of KOR Realty.

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