About This Home
This land at 21260 SE Stark St in Gresham, OR is listed for $500,000 (0.75 acres).
Key Features
- 0.75 acre 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.
Location
21260 SE Stark St
Gresham, OR 97030
Questions & Answers
This 0-bedroom, 0-bathroom land at 21260 SE Stark St is listed at $500,000. The estimated monthly payment is $2,674 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.
Key features include: 0.75 acre lot.
This property is listed by Jesse Richter and can be reached at 5033107012.