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Data Last Updated: 07/15/2026 20:37 PT
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$500,000
Send a tour request for 21260 SE STARK ST, Gresham, OR, 97030.
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Your local expert: Nate Brantley
This home sits in Gresham. Built in 1923.
Rare MDR-zoned opportunity on nearly 3/4 acre with exceptional redevelopment and investment potential. Previous planning discussions indicated the possibility of approximately 18 residential units (buyer to verify). Ideal for builders, developers, investors, entrepreneurs, and owner-occupants seeking flexibility and future upside.The existing home offers additional value and can be remodeled, renovated, rented, used as a primary residence, or utilized as a home-based business or office while planning future development. Potential opportunities may include townhomes, cottage clusters, multifamily housing, mixed-use concepts, owner-occupied business use, vehicle sales, or value-add redevelopment (buyer to verify all permitted uses).Situated on a flat, usable site with excellent SE Stark Street visibility and access, opportunities combining land, location, zoning flexibility, and future development potential are increasingly rare. Buyer to perform all due diligence regarding zoning, density, utilities, permits, and development requirements.