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Gresham Land Near Happy Valley
For Sale
$597,000

SE 172ND Ave, Gresham, OR 97080

LAND - Gresham, OR

Property SizeContact for details
Lot Size4.81 Acres
Days on Market421

Property Features for SE 172ND Ave

General Information

Property type Land
Property subtype Single Family Residence
Zoning RR
Elementary school Pleasant Valley
Middle school Centennial
High school Centennial
Directions North on 172nd, property located on the right.
Subdivision _144
Standard status Active
APN R239408
Lot size 4.81 Acres

Taxes and HOA fees

Tax Description PARTITION PLAT 1996-197, LOT 2, FARM DISQUAL, 1997-2001, 4.81 ACRES, $6,928.42 POTENTIAL ADDITIONAL TAX
Tax Annual Amount 2968
Legal Description PARTITION PLAT 1996-197, LOT 2, FARM DISQUAL, 1997-2001, 4.81 ACRES, $6,928.42 POTENTIAL ADDITIONAL TAX
Listing Agency: Keller Williams Realty Portland Elite
Listed By: Lindsay Taylor · License #201214856
Added: Jun 26, 2025 Changed: Jun 11 Last Checked: Aug 20 at 7:06AM
MLS# 341736035

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.

Investment Insights

Based on property information with market context.

This spacious 4.81-acre lot is situated minutes from the Happy Valley Shopping Center. It is currently zoned to build one single-family residence and one accessory dwelling unit. This property 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, the property offers the option to annex into Gresham. Grocery stores, restaurants, and parks are conveniently located nearby. This property is suitable for a homeowner seeking privacy close to the city or a developer seeking their next opportunity.

Key Highlights

  • 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.

Property Analytics

Current Use

Residential land & home ...

Location Intelligence

Trade Area within ½ mile

47
Businesses Nearby

Demographics for 97080, OR

45,647
Population
17,276
Households
2.6
Avg Household Size
38
Median Age
28%
College-Educated
90%
High-School Grad
21.6 sq mi
ZIP Area
2,113
Density / Sq Mi
$96,218
Median Household Income
$47,562
Median Earnings
$1,596
Median Rent
$485,000
Median Home Value
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Frequently Asked Questions

What type of property is this?
Land - Spacious 4.81-acre lot near Happy Valley Shopping Center.
Where is this land located?
The property is located at SE 172ND Ave Gresham, OR.
What is the asking price?
The asking price for this property is $597,000.
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.
More about this property
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