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
DEVELOPMENT OPPORTUNITY - SELLER OPEN TO OFFERS! Rare MDR-zoned property on 3/4 acre along SE Stark Street offering exceptional potential for builders, developers, investors and owner-users. Previous planning discussions indicated potential for approximately 18-24 residential units; buyer to verify density, zoning and development feasibility with applicable jurisdictions.
The flat, usable site offers excellent visibility and access with possibilities that may include multifamily housing, townhomes, cottage clusters, mixed-use concepts or other redevelopment opportunities (buyer to verify). An existing home adds immediate flexibility and may be renovated, rented, owner-occupied, or potentially utilized for business/office purposes while exploring future development.
With substantial land, MDR zoning and a prominent SE Stark location, this property offers multiple paths for investors and developers looking for Portland-area development land and long-term upside. SELLER IS OPEN TO OFFERS-bring your vision and explore the possibilities! Buyer to perform all due diligence regarding permitted uses, density, utilities, access, 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.
