NE 5th St

Gresham, OR 97030

$1,150,000
Price
29,620 / 0.68
Lot Size / Acres
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Pending
Pending
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Description

These prime development parcels are perfectly positioned in vibrant Historic Downtown Gresham, bustling with delightful restaurants, trendy shops, and an array of local amenities. Zoned DRL-2, a mixed-use sub-district, will allow single detached dwellings while also allowing duplexes, triplexes, quadplexes, townhouses, cottage clusters, multifamily, and small-scale commercial activities. All utilities available. This rare gem presents more than just land; it offers limitless potential in an area...These prime development parcels are perfectly positioned in vibrant Historic Downtown Gresham, bustling with delightful restaurants, trendy shops, and an array of local amenities. Zoned DRL-2, a mixed-use sub-district, will allow single detached dwellings while also allowing duplexes, triplexes, quadplexes, townhouses, cottage clusters, multifamily, and small-scale commercial activities. All utilities available. This rare gem presents more than just land; it offers limitless potential in an area ripe for growth and development. Buyer to verify all information and development potential with the City of Gresham.
  1. Listed by Darren O'Halloran • Kohler Meyers O'Halloran Inc.
  2. Listed by Suzanne O'Halloran • Kohler Meyers O'Halloran Inc.

Property Details for Northeast 5th Street

Zoning
DRL-2
LISTING UPDATED: 03/30/2026 03:30 PM

Property Details for Northeast 5th Street

StatusPending
MLS #172480520
Days on Market276
Taxes$2,600 / year
HOA Fees-
Condo/Co-op Fees-
Property TypeLand
MLS TypeLand / Residential/Recreational
Year Built-
Lot Size0.68 AC
CountyMultnomah County
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Location

Listing Courtesy of Kohler Meyers O'Halloran Inc.
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Building Information for Northeast 5th Street

Building Size-Lot Size0.68 AC

Payment Calculator

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$5,947 per month

30 year fixed, 6.36% Interest

Principal and Interest

$5,731

Property Taxes

$217

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

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Property Information for Northeast 5th Street

Summary
Location and General Information
  • Country: US
  • Directions: Powell or Division to Cleveland, East on 5th
  • Road Surface: Paved
School Information
  • Elementary School: East Gresham
  • High School: Gresham
  • Middle Or Junior School: Dexter Mc Carty
Taxes and HOA
  • Tax Year: 2024
  • Tax Annual Amount: $2,600.00
  • Parcel Number: R313994
  • Parcel Number 2: R313999
  • Tax Legal Description: ZENITH ADD, BLOCK 9, INC PT VAC ST & INC PT VAC ALLEY LOT 1&2
Property
Lot Information
  • Acres: 0.68
  • Lot Size Square Feet: 29620.0
  • Number Of Lots Total: 2
  • Current Use: Raw Land
  • Land Description: Level
  • Lot Size Range: Sq Ft20000to Acres1
  • Lot Size: 20,000 Sq Ft to .99 Acres
Property and Assessments
  • Property Sub Type: Residential Recreational
  • Property Type: Land
Utilities
  • Utilities: Electricity Available, Natural Gas Available, Public Sewer, Water Available
Interior and Exterior Features
Exterior Features
  • Soil Condition: Native
Amenities
Amenities Information
  • Internet Service Type: Cable

Schools near Northeast 5th Street

This home is within Gresham-Barlow School District 10j.
Rating
School
Type
Grades
Distance
East Gresham Elementary School
Public - K to 5
Dexter Mccarty Middle School
Public - 6 to 8
Gresham High School
Public - 9 to 12
Gresham Arthur Academy
Charter - K to 5
Rating
School
Distance
East Gresham Elementary School
PublicK to 5

Dexter Mccarty Middle School
Public6 to 8

Gresham High School
Public9 to 12

Gresham Arthur Academy
CharterK to 5

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of any information, descriptions or measurements (including square footage measurements and property condition), such should be independently verified through appropriate means, including, but not limited to, in person inspection and public records, and Compass International Holdings, its subsidiaries, affiliates and independently owned and operated franchisees, and their affiliated agents and associated third parties expressly disclaim any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the seller's discretion. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Kohler Meyers O'Halloran Inc.

All information provided is deemed reliable but is not guaranteed and should be independently verified. The content relating to real estate for sale on this web site comes in part from the IDX program of the RMLS of Portland Oregon. Real estate listings held by brokerage firms other than Compass are marked with the RMLS logo and detailed information about these properties includes the names of the listing brokers. Copyright © 2026 RMLS, Portland, Oregon. Last updated: 03/30/2026 03:30 PM