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Sarita Dua

OPERATOR | The AskSarita Team | Keller Williams Sunset Corridor

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5321 SE Welch Rd , Gresham, OR 97080
$699,000
Est. Payment: $3,514.69/mo
5 Bed
3 Bath
2922 Sqft
Status: active | Days on site: 27
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VCR-C15903466 - VCR-C159091383,VCR-C159052275

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House Description

This home is an Automotive & Storage Haven:Boasting a massive 4-car garage, complemented by 2 dedicated RV hookups & substantial parking. The property is enclosed by high-quality custom fencing featuring wrought iron accents, providing both security & aesthetic sophistication. Comes w/17'8 storage container & multiple outbuildings. Enjoy peak a boo view of Mt. Hood, a hallmark of premium Pacific Northwest real estate. Live in it as is while you plan your future development strategy. Located in the heart of Gresham’s growth corridor, this property sits amidst a landscape of modern residential expansion. Whether you are looking for a multi-generational family compound or a strategic land-banking opportunity, the flexibility of the LDR-5 zoning makes this one of the most versatile listings on the market today. Unlock the Potential of this unique property & discover the perfect blend of investment potential and comfortable living situated on a large 23,646 sq. ft. lot. This property offers a rare opportunity in a rapidly evolving neighborhood. With Low Density Residential (LDR-5) zoning, this parcel is primed for development, including duplexes, quad-plexes, or charming cottage clusters—perfect for investors looking to capitalize on the surge of new development surrounding this prime location in the near future. Attention Investors the primary value of this property lies not in its current state, but in its "highest and best use." Have your own farm within city limits with potential infill development. Rasberries, Blueberries, Grapes, Chicken coop, Horse Pen. All personal property negotiable. Highly desirable to Builders looking for a future small-scale multi-family project. The "density bonus" is potential money in the bank."Buyer to verify development potential with the City of Gresham. Preliminary review suggests the LDR-5 zoning may support a variety of middle-housing options."

Highlights

Listed by Lisa Benson , 971-983-7147 Ten Mile Lake Properties LLC , 971-983-7147. Portland Regional Multiple Listing Service mls logo

Property Type

Residential

Lot/Acreage
0.54

Year Built

1970

County

Multnomah

Area

144 - Gresham, Sandy, Troutdale, Corbett

Listing ID

567137463

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Interior Features

Bedrooms and Bathrooms
  • Bedrooms:5
  • Bathrooms:3
  • Full Bathrooms:3
Appliances:Built-in Range, Built-in Refrigerator, Convection Oven, Dishwasher, Disposal, Plumbed For Ice Maker, Stainless Steel Appliance(s)
Air Cond:Heat Pump
Fireplaces:Wood Burning
Basement:Daylight,Finished,Full Basement
Other:Garage Door Opener,High Ceilings,High Speed Internet,Soaking Tub,Tile Floor,Wall to Wall Carpet,Washer/Dryer,Master on Main
Other:Public Water

Exterior Features

Lot:Level
Garage Capacity:4
Zoning:LDR 5
Roof:Composition
Others:AboveGroundPool,Covered Deck,Fenced,Fire Pit,Free-Standing Hot Tub,Garden,Outbuilding,Poultry Coop,RV Hookup,RV Parking,RV/Boat Storage,Tool Shed,Yard,Approximately
Sewer:Public Sewer
Parking Features:Attached,Oversized,Tuck-Under,RV Access/Parking,Secured
Principal Interest
$3,515
Taxes
$617

Home Price

$699,000

Loan Details

30 yrs
6.446%

Down Payment

20%
$139,800
All calculations are estimates and provided by Blueroof360. Today’s Rates provided by Blueroof360. Information and interactive calculators are made available to you only as self-help tools for your independent use and are not intended to provide investment or tax advice. We cannot and do not guarantee their applicability or accuracy in regards to your individual circumstances. All examples are hypothetical and are for illustrative purposes. We encourage you to seek personalized advice from qualified professionals regarding all personal finance issues.
Monthly Price:
$3,514.69

Principal

Taxes

Principal Taxes HOA Total
Monthly $3,514.69 $616.75 $0.00 $4,131.43
Yearly $42,176.27 $7,400.94 $0.00 $49,577.21
Total $1,265,287.99 $222,028.20 $0.00 $1,487,316.19

Today's Rates

30 Year

6.45%

20 Year

6.23%

15 Year

5.73%

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Market insight data is pulled from the same city as the listing being viewed (Gresham, OR).

The schools listed are within a 2-mile radius of the property; however, attendance is not guaranteed. Please contact the local school district to confirm zoning and enrollment options.


The data relating to real estate for sale on this web site comes in part from the Portland Regional Multiple Listing Service. Real estate listings held by brokerage firms other than The AskSarita Team | Keller Williams Sunset Corridor are marked with the IDX logo and detailed information about them includes the name of the listing brokers.

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Data last updated: 2026-07-24T01:19:15.000Z

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