About This Home
This 4-bedroom, 1-bathroom single family at 21260 SE STARK St in Gresham, OR is listed for $500,000 ($211 per sqft). Built in 1923, the home offers 2,369 sqft of living space on a 0.74 acres lot.
Key Features
- Built in 1923
- 0.74 acre lot
- 2 stories
Property Details
Rare MDR-zoned opportunity on nearly 3/4 acre with exceptional redevelopment and investment potential. Previous planning discussions indicated the possibility of approximately 18 residential units (buyer to verify). Ideal for builders, developers, investors, entrepreneurs, and owner-occupants seeking flexibility and future upside.The existing home
offers additional value and can be remodeled, renovated, rented, used as a primary residence, or utilized as a home-based business or office while planning future development. Potential opportunities may include townhomes, cottage clusters, multifamily housing, mixed-use concepts, owner-occupied business use, vehicle sales, or value-add redevelopme
nt (buyer to verify all permitted uses).Situated on a flat, usable site with excellent SE Stark Street visibility and access, opportunities combining land, location, zoning flexibility, and future development potential are increasingly rare. Buyer to perform all due diligence regarding zoning, density, utilities, permits, and development requirements.
Monthly Cost Estimate
$2,674/mo
20% down · 6.5% · 30 years
Estimates only. Actual payments may vary.
Location
21260 SE STARK St
Gresham, OR 97030
Property Details
Heating
Questions & Answers
This 4-bedroom, 1-bathroom single family at 21260 SE STARK St is listed at $500,000 ($211/sqft). The estimated monthly payment is $2,674 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.
Key features include: Built in 1923, 0.74 acre lot, 2 stories.
This property is listed by Jesse Richter and can be reached at 5033107012.
