450 SE Hogan Rd

Gresham, OR 97080
  • $375,000

    Price
  • 2

    Bed
  • 1

    Bath
  • 1,075

    SqFt

About the Listing JLSS01 - BODINEBR

Unlock the potential of this nearly ½-acre flat parcel ideally situated near downtown Gresham. Positioned for growth and surrounded by established amenities, this property offers exceptional access to public transit, shopping, dining, and everyday conveniences—making it an attractive location for future residents. Commuters and recreation seekers will appreciate the easy connectivity to both Highway 26 and Interstate 84. Zoned MDR-24, the City of Gresham indicates the potential for 8–10 units, creating a compelling opportunity for middle housing or multifamily development. A residential facility is also an allowable use per City land use code, offering additional flexibility for investors and developers. Buyers to perform their own due diligence regarding all development possibilities and requirements. The level lot, complete with utilities in place, supports a smoother path to construction. The existing brick home presents another possible opportunity by renovating the structure with a rehab loan and utilizing as a single-family residence once again. Either direction, it's an outstanding investment opportunity in a prime growth corridor—bring your vision and explore the possibilities.

Listing Highlights

Status Active
Days on Site 6
Property Type Residential
MLS ® 487530496
Year Built 1952
Total Square Footage 1,075
Lot/Acreage 0.46
County Multnomah
Elementary School East Gresham
Middle School Dexter McCarty
High School Gresham

Interior Details

  • Bedrooms: 2
  • Bathrooms: 1 Full
  • Appliances: Free-Standing Range, Free-Standing Refrigerator, Tile
  • Air Cond:
  • Heating: WallHeater
  • Fireplaces: 1, Wood Burning
  • Floor:
  • Above Ground Sq Ft:
  • Below Ground Sq Ft: n/a
  • Basement: Crawl Space
  • Other: Ceiling Fan(s),Hardwood Floors,Tile Floor,Master on Main
  • Water: Public Water

Exterior Details

  • Lot Description: Level,On Busline
  • Garage Capacity: 1 car
  • Parking Spaces: 1
  • Roof: Composition
  • Others: Fenced,Outbuilding,Tool Shed,Yard,Fixer
  • Sewer: Public Sewer
  • Parking Features: Attached,Driveway

Financial Details

  • Tax Amount: $3,897
  • Taxes w/Assessments: N/A
  • Tax/Property ID: R339443
  • Tax Year: N/A

Payment Calculator

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Questions About..

450 SE Hogan Rd Gresham, OR 97080

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Originating MLS: Regional Multiple Listing Service, Inc.

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