790 SE 1ST ST, Gresham, OR 97080

Property Description

Rare opportunity in central Gresham where an existing 5-bedroom home meets future development potential. Situated on an approximately 9,583-square-foot corner lot, this 2,306-square-foot, 5-bedroom, 3-bath home offers flexible living space today with Transition Residential (TR) zoning creating additional possibilities for the property over time. The home features multiple living areas, a finished lower level, and an existing detached garage/shop, making it well suited for an owner occupant, rental investment, or a buyer exploring a larger development strategy.The TR designation allows a variety of residential housing types, including middle-housing options such as duplexes, triplexes, quadplexes, townhomes and cottage-cluster development, subject to applicable City of Gresham requirements. A conceptual site plan illustrates one potential scenario: retaining the existing home while adding two duplex buildings for four additional dwelling units. With frontage along SE 1st St, SE Linden Ave and SE Juniper Ave, the corner location may offer flexibility for access and site planning.This is an opportunity to use the property as it stands, create income, or explore how the existing home and additional residential development could work together. Conceptual renderings are for illustration only and are not approved plans. Buyer to perform all due diligence regarding zoning, density, setbacks, utilities, access, development standards and permitted uses with the City of Gresham.