790 SE 1ST ST, Gresham, OR 97080

Property Description

A 5-bedroom home, oversized corner lot, and future development potential create a rare combination in central Gresham. This 2,306-square-foot, 5-bedroom, 3-bath home offers multiple living areas, a finished lower level, detached garage/shop, and a flexible layout with potential for multigenerational living, rental income, or conversion into multiple living spaces.Set on approximately 9,583 square feet with frontage along SE 1st St, SE Linden Ave and SE Juniper Ave, the property also offers an opportunity for buyers thinking beyond the existing home. Transition Residential (TR) zoning allows a variety of residential housing types, including middle-housing options, subject to City of Gresham requirements.One conceptual site plan explores retaining the existing home while adding two duplex buildings, creating four additional dwelling units without eliminating the value already in place. Renovate the current home, explore an income-producing configuration, or investigate a larger infill strategy—the property offers multiple paths forward.The home is being sold as-is and will benefit from updates, but the space, existing improvements, corner-lot configuration and zoning create an opportunity that is difficult to duplicate at this price point.Conceptual plans and renderings are for illustration only and are not approved. Buyer to perform all due diligence regarding zoning, density, setbacks, utilities, access, development standards and permitted uses with the City of Gresham.