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    SE 172 Ave Gresham, OR 97080

    Sponsored
    For Sale
    $638,000

    LAND - Gresham, OR

    Type:Single Family Residence
    Lot size:
    4.81 Acres
    Days on Market:
    5
    Last Refresh:
    Jan 5 at 2:06 pm

    Property Features for SE 172 Ave

    General Information

    Property type
    Land
    Property subtype
    Single Family Residence
    Standard status
    Active
    Zoning
    RR
    APN
    R239408
    Lot size
    4.81 Acres

    Portland Elite Wealthbuilders (503) 744-0000 [email protected]

    Listing agent Lindsay Taylor (503) 744-0000

    Listing date Jan 1, 2026

    MLS# 341736035 Listing URL

    Copyright © 2026 Regional Multiple Listing Services. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Spacious Land Near Happy Valley

    This 4.81-acre lot is situated minutes from the Happy Valley Shopping Center. Zoned to build one single-family residence and one accessory dwelling unit, it presents an opportunity to build a private estate, hold as an investment, or explore future development possibilities as the area grows. Located inside the Urban Growth Boundary in unincorporated Multnomah County, there is an option to annex into Gresham. The location offers convenience, with grocery stores, restaurants, and parks nearby. This property is suitable for a homeowner seeking privacy close to the city or a developer seeking their next opportunity.
    Location Intelligence

    Current Use by Public Records

    Residential land & home ...

    Suggested Use

    Restaurant Realty agency Building Supply Spa & Massage Auto Repair Shop Hair Salon Nail Salon Clothing Store Department Store Skin Care Clinic

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Gresham
    County
    Multnomah
    State
    Oregon
    Longitude
    -122.484901
    Latitude
    45.462225

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    FAQs

    What type of property is this?
    Residential land & home lot - 4.81-acre lot near Happy Valley Shopping Center.
    Where is this residential land & home lot located?
    The property is located at SE 172 Ave Gresham, OR.
    What is the asking price?
    The asking price for this property is $638,000.
    What are key features of this property?
    This property features: - Large 4.81-acre lot offers ample space and privacy.; - Zoned for both a single-family residence and an accessory dwelling unit (ADU).; - Located inside the Urban Growth Boundary, allowing for potential future development.
    (503) 744-0000
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    SE 172 Ave Gresham, OR 97080
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    Gresham, OR 97080
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    SE 172 Ave Gresham, OR 97080
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