21260 SE Stark St, Gresham, OR 97030
Local realty services provided by:Better Homes and Gardens Real Estate Equinox
21260 SE Stark St,Gresham, OR 97030
$500,000
- 4 Beds
- 1 Baths
- 2,369 sq. ft.
- Single family
- Active
Listed by: jesse richter
Office: knipe realty era powered
MLS#:637394536
Source:PORTLAND
Price summary
- Price:$500,000
- Price per sq. ft.:$211.06
About this home
Exceptional Medium Density Residential (MDR) infill parcel offering approximately 18-unit residential development potential on nearly 3/4 of an acre positioned just off SE Stark Street with established residential neighborhood backing the property. The site features flat topography and scale that support efficient small-home or cottage-style planning concepts.The seller has engaged in multiple planning discussions regarding development feasibility, and based on those conversations, an approximately 18-unit residential concept appeared consistent with current MDR zoning standards at that time. The project was not formally submitted for land use approval. Buyer to verify all zoning, density allowances, parking standards, and development requirements with the jurisdiction.An existing single-family home is currently located on the property. Value is primarily in the land and development potential.At a list price of $500,000, this offering represents a compelling entry point for builders targeting the $350,000 attainable housing segment, where demand remains strong throughout the Portland metro area. Opportunities of this size, zoning designation, and price level are increasingly limited.Buyer to conduct independent due diligence regarding utilities, system development charges, demolition considerations, and overall development feasibility.Don't miss out in this Opportunity! (ProForma attached) or call, I can send in an email.
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Home facts
- Year built:1923
- Listing ID #:637394536
- Added:9 day(s) ago
- Updated:March 09, 2026 at 11:25 AM
Rooms and interior
- Bedrooms:4
- Total bathrooms:1
- Full bathrooms:1
- Living area:2,369 sq. ft.
Heating and cooling
- Heating:Forced Air
Structure and exterior
- Year built:1923
- Building area:2,369 sq. ft.
- Lot area:0.74 Acres
- Lot Features:Corner Lot, Level
- Architectural Style:2 Story
- Levels:2 Stories
Schools
- High school:Gresham
- Middle school:Clear Creek
- Elementary school:North Gresham
Utilities
- Water:Public Water
- Sewer:Public Sewer
Finances and disclosures
- Price:$500,000
- Price per sq. ft.:$211.06
- Tax amount:$4,394 (2025)
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