Welcome to a prime investment prospect that blends urban sophistication with the charm of suburban living. This expansive 8,276 square feet lot, strategically located in the heart of Gresham, offers the perfect canvas for a visionary investor seeking to capitalize on the growing demand for mixed-use properties. Capture income from the current Fish & Chip truck, add more food carts, and have the rents pay for the purchase while you develop! The flexible zoning regulations in Gresham provide immense creative freedom to investors. Envision a sophisticated retail space, housing trendy boutiques, cafes, and eateries that will draw locals and visitors alike. Picture contemporary apartments above, boasting cutting-edge amenities and picturesque views of the surrounding landscape, attracting discerning tenants seeking the perfect balance of comfort and convenience. Profitability and Sustainability: A thoughtfully designed mixed-use development not only promises high returns but also aligns with sustainable practices. By promoting walkability and reducing commute times, this project can contribute to a greener, eco-friendly urban landscape, making it a win-win investment for both you and the community.Proven Track Record:Gresham's real estate market has demonstrated resilience and consistent growth over the years. Don't miss the chance to shape the future of Gresham's urban landscape. Embrace this unique investment opportunity and turn this 8,276 square feet lot into a vibrant, sought-after destination that harmoniously blends retail and residential living. Act now and reap the rewards of visionary development in this thriving city.
Property Details
Property Features
Listing Office:
Office Name: Keller Williams Realty Portland Premiere
Office Phone: (503) 597-2444
Listing Agent: Ramona Locken
Exterior Features
Parking Information:
Attached Garage: No
Lot Features
Lot Information:
Lot Size: 0.19 Acres
School Info
Assigned Schools Information:
Gresham High School, Public District Grades 9-12
Dexter McCarty Middle School, Public District Grades 6-8
Hogan Cedars Elementary School, Public District Grades KG-5
Other
Directions Information:
Directions: Powell
Price Information
Listing Price Info
Price Summary:
List Price: $549,900
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Housing Market Comparison
See how this home compares to others in Gresham, OR.
The information on this web site is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. We are not responsible or liable for misinformation, misprints, or typographical errors. All information provided is deemed reliable but is not guaranteed and should be independently verified through personal inspection by and/or with the appropriate professionals. Properties subject to prior sale, change, withdrawal or rental. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS. Last updated on: 5/9/2024, 6:20:36 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Property Sales & Tax
Listing History
DATE
EVENT
PRICE
Apr 24, 2007
Apr 24, 2007Home Sold
$50,000
Apr 24, 2007
Apr 24, 2007Home Sold
$50,000
Apr 24, 2007
Apr 24, 2007Home Sold
$50,000
Apr 24, 2007
Apr 24, 2007Home Sold
$50,000
Mar 24, 2003
Mar 24, 2003Home Sold
$36,600
Apr 01, 1990
Apr 01, 1990Home Sold
$24,500
History based on county public records data.
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Schools
Schools Nearby
The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.
Elementary School
2
/10
Hogan Cedars Elementary School
1770 SE Fleming Ave
Distance between this listing and this school0.57 miles
Public District Grades KG-5
Middle School
6
/10
Dexter McCarty Middle School
1400 SE 5th St
Distance between this listing and this school0.49 miles
Public District Grades 6-8
High School
3
/10
Gresham High School
1200 N Main Ave
Distance between this listing and this school1.40 miles
Public District Grades 9-12
Assigned Schools
2
/10
Hogan Cedars Elementary School
1770 SE Fleming Ave
Distance between this listing and this school0.57 miles
Public District Grades KG-5
Nearby Schools
2
/10
East Gresham Elementary School
900 SE 5th St
Distance between this listing and this school0.65 miles
Public District Grades KG-5
3
/10
Powell Valley Elementary School
4825 SE Powell Valley Rd
Distance between this listing and this school1.15 miles
Public District Grades KG-5
Assigned Schools
6
/10
Dexter McCarty Middle School
1400 SE 5th St
Distance between this listing and this school0.49 miles
Public District Grades 6-8
Nearby Schools
4
/10
Gordon Russell Middle School
3625 SE Powell Valley Rd
Distance between this listing and this school0.54 miles
Public District Grades 6-8
5
/10
Walt Morey Middle School
2801 SW Lucas Ave
Distance between this listing and this school2.05 miles
Public District Grades 6-8
Assigned Schools
3
/10
Gresham High School
1200 N Main Ave
Distance between this listing and this school1.40 miles
Public District Grades 9-12
Nearby Schools
4
/10
Springwater Trail High School
1440 SE Fleming Ave
Distance between this listing and this school0.46 miles
Public District Grades 9-12
2
/10
Metro East Web Academy
1331 NW Eastman Pkwy
Distance between this listing and this school1.73 miles
The neighbors living near this home have an average income of $27,984. Most Gresham, OR residents have annual incomes less than $35k. Residents typically live in single, no kids family. Typical level of education for residents in this area is high school diploma.
All data provided by Home Junction and Claritas
Frequently Asked Questions About E Powell Blvd
What is the listing price of this property?
The listing price of E Powell Blvd property is $549,900.
What type of property is this?
The property E Powell Blvd is land located in Gresham, Oregon, 97030.
Is this property for sale now?
Active Listing: E Powell Blvd is For Sale (Active/New) which means the seller is accepting offers.
What are the assigned schools for this property?
The assigned schools for E Powell Blvd are: Hogan Cedars Elementary School: GreatSchools Rating 2/10Dexter McCarty Middle School: GreatSchools Rating 6/10Gresham High School: GreatSchools Rating 3/10
When was this property sold last time and for how much?
The last sale was on April 24, 2007 for $50,000. (source: MLS/tax record).
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This home is located at E Powell Blvd in Gresham, OR and zip code 97030 in the Mount Hood neighborhood. This home sits on a 0.19 acre lot. It has been listed on Rocket Homes since July 26, 2023 and is currently priced at $549,900.
Gresham, OR housing market in April 2024 saw over 30 listings sold above listed price, more than 28 sold at listed price and over 17 sold below. Between March 2024 and April 2024, Gresham, OR real estate market has seen increase in the number of listings by 2%. The median list price of listings available in April 2024 was $475,000, while the average time on the real estate market was 35 days.
From Rocket Homes Real Estate and based on county public records data.