9 months on rocket

E Powell Blvd, Gresham, OR, 97030

$549,900

0.19 Acres
Land
Schools Nearby

Location

Image provided by Mapbox

Property Highlights

Home TypeMixed Use
MLS #23438451
Lot Size0.19 Acres
StatusActive

About E Powell Blvd

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.

Med. Sold Price

$475K

Med. Price/SqFt

$265

Avg. Days On Market

35

# of Sold Homes

75

E Powell Blvd vs Gresham

287 DAYS ON ROCKET

+252 Days

$549,900

+$74.9K More

KEY TAKEAWAY

This property is $74.9K more than the Median Sold Price in Gresham, OR.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: Regional Multiple Listing Service, Inc.
  • MLS Number: #23438451

Listing Office:

  • Office Name: Keller Williams Realty Portland Premiere
  • Office Phone: (503) 597-2444
  • Listing Agent: Ramona Locken

IDXThe content relating to real estate for sale on this web site comes in part from the IDX program of the RMLS of Portland, Oregon. Real estate listings held by another brokerage firm are marked with the RMLS logo, and detailed information about these properties includes the names of the listing brokers. Listing content is copyright © 2024 Regional Multiple Listing Service, Inc. (RMLS™) Portland, Oregon.

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

Apr 24, 2007Home Sold
$50,000
Apr 24, 2007Home Sold
$50,000
Apr 24, 2007Home Sold
$50,000
Apr 24, 2007Home Sold
$50,000
Mar 24, 2003Home Sold
$36,600
Apr 01, 1990Home Sold
$24,500

History based on county public records data.

Payment Calculator

$2,812

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,715

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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

school-card-donut-9153379
2
/10
  • Hogan Cedars Elementary School

  • 1770 SE Fleming Ave

  • 0.57 miles

  • Public District Grades KG-5

Middle School

school-card-donut-9153380
6
/10
  • Dexter McCarty Middle School

  • 1400 SE 5th St

  • 0.49 miles

  • Public District Grades 6-8

High School

school-card-donut-9153381
3
/10
  • Gresham High School

  • 1200 N Main Ave

  • 1.40 miles

  • Public District Grades 9-12

Neighborhood

What Are The Neighbors Like?

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 2/10
Dexter McCarty Middle School: GreatSchools Rating 6/10
Gresham 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).

How much acreage is this property?

The property E Powell Blvd is 0.19 acres.
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Rocket HomesOregonMultnomah CountyGresham97030E Powell Blvd

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.

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