Development Parcels in Historic
For Sale
$1,150,000
Pending
NE 5TH, Gresham, OR 97030
Prime land in vibrant downtown Gresham, offering limitless potential.
Property SizeContact for details
Lot Size0.68 Acres
Days on Market421
Property Features for NE 5TH
General Information
Standard status
Pending
Lot size
0.68 Acres
Property subtype
Land or Vacant Lot
Taxes and HOA fees
Annual Taxes
$2,600
Listing Agency:
KOHLER MEYERS O'HALLORAN INC.
(503) 661-8000
Listed By:
DARREN O'HALLORAN
Source:
Corcoran
Added: Jun 26, 2025
Changed: Aug 8
Last Checked: Jul 23 at 9:08AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of KOHLER MEYERS O'HALLORAN INC.
Investment Insights
Based on property information with market context.
These development parcels are located in Historic Downtown Gresham, an area with restaurants, shops, and local amenities. Zoned DRL-2, a mixed-use sub-district, the parcels allow for single detached dwellings as well as duplexes, triplexes, quadplexes, townhouses, cottage clusters, multifamily housing, and small-scale commercial activities. All utilities are available. The property offers potential in an area suited for growth and development. Buyers are advised to verify all information and development potential with the City of Gresham.
Key Highlights
- Prime development parcels in vibrant Historic Downtown Gresham.
- Zoned DRL‑2 allowing for diverse development options: single detached dwellings, duplexes, triplexes, quadplexes, townhouses, cottage clusters, multifamily, and small‑scale commercial activities.
- Located in an area with delightful restaurants, trendy shops, and local amenities.
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
1,760
Businesses Nearby
Explore this area
Business Placement
Demographics for 97030, OR
39,492
Population
16,500
Households
2.4
Avg Household Size
37
Median Age
21%
College-Educated
88%
High-School Grad
7.5 sq mi
ZIP Area
5,266
Density / Sq Mi
$61,793
Median Household Income
$40,352
Median Earnings
$1,604
Median Rent
$418,100
Median Home Value
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Land - Prime land in vibrant downtown Gresham, offering limitless potential.
Where is this land located?
The property is located at NE 5TH Gresham, OR.
What is the asking price?
The asking price for this property is $1,150,000.
What are key features of this property?
This property features: Prime development parcels in vibrant Historic Downtown Gresham.; Zoned DRL‑2 allowing for diverse development options: single detached dwellings, duplexes, triplexes, quadplexes, townhouses, cottage clusters, multifamily, and small‑scale commercial activities.; Located in an area with delightful restaurants, trendy shops, and local amenities.
