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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.
Rare MDR-zoned opportunity on nearly 3/4 of an acre with exceptional flexibility and redevelopment potential. Whether you're a builder, investor, business owner, or entrepreneur, this property offers a wide range of possibilities including residential development, townhomes, cottage clusters, mixed-use concepts, owner-occupied business use, vehicle sales, redevelopment, or value-add renovation opportunities.
Buyer to verify all uses with the city. Positioned just off SE Stark Street with excellent visibility and access, the property features a flat, usable site and an existing home that can be renovated, rented, or utilized while planning future development.
Previous planning discussions indicated potential for approximately 18 residential units under MDR zoning, though buyers should perform their own due diligence regarding density, zoning, permits, utilities, and development requirements. Properties offering this combination of location, zoning, visibility, and redevelopment upside are becoming increasingly difficult to find.
Ideal for builders seeking attainable housing projects, investors looking for land value, or businesses needing a highly visible location with future upside.
Key Features
- Built in 1923
- 0.74 acre lot
- 2 stories
Property Details
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 $2,167 based on 20% down at 6.5% interest.
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 or jesse@kniperealty.com.








