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
6
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

A 5-bedroom home, oversized corner lot, and future development potential create a rare combination in central Gresham. This 2,306-square-foot, 5-bedroom, 3-bath home offers multiple living areas, a finished lower level, detached garage/shop, and a flexible layout with potential for multigenerational living, rental income, or conversion into multiple living spaces.Set on approximately 9,583 square feet with frontage along SE 1st St, SE Linden Ave and SE Juniper Ave, the property also offers an opportunity for buyers thinking beyond the existing home. Transition Residential (TR) zoning allows a variety of residential housing types, including middle-housing options, subject to City of Gresham requirements.One conceptual site plan explores retaining the existing home while adding two duplex buildings, creating four additional dwelling units without eliminating the value already in place. Renovate the current home, explore an income-producing configuration, or investigate a larger infill strategy—the property offers multiple paths forward.The home is being sold as-is and will benefit from updates, but the space, existing improvements, corner-lot configuration and zoning create an opportunity that is difficult to duplicate at this price point.Conceptual plans and renderings are for illustration only and are not approved. 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
Year Built
1941
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
Terms
Cash, Conventional
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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