5321 SE Welch Rd Gresham, OR 97080
Kelly Creek NeighborhoodEstimated payment $4,645/month
Highlights
- Spa
- Custom Home
- 0.54 Acre Lot
- RV Access or Parking
- Built-In Refrigerator
- Mountain View
About This Home
This spacious 5-bedroom, 3-bathroom home is designed for comfort & versatility. It 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 and 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 Gresham Fixer & 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. Listing Agent is related to Seller.
Listing Agent
Ten Mile Lake Properties LLC Brokerage Email: tenmilelakeproperties@gmail.com License #930600160 Listed on: 06/15/2026
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $7,401
Year Built
- Built in 1970
Lot Details
- 23,653 Sq Ft Lot
- Poultry Coop
- Fenced
- Level Lot
- Private Yard
- Garden
- Property is zoned LDR 5
Parking
- 4 Car Attached Garage
- Tuck Under Garage
- Garage Door Opener
- Secured Garage or Parking
- RV Access or Parking
Property Views
- Mountain
- Territorial
Home Design
- Custom Home
- Brick Exterior Construction
- Slab Foundation
- Composition Roof
- Vinyl Siding
Interior Spaces
- 2,922 Sq Ft Home
- 2-Story Property
- High Ceiling
- 2 Fireplaces
- Wood Burning Fireplace
- Family Room
- Living Room
- Dining Room
- Bonus Room
Kitchen
- Convection Oven
- Built-In Range
- Built-In Refrigerator
- Plumbed For Ice Maker
- Dishwasher
- Stainless Steel Appliances
- Disposal
Flooring
- Wall to Wall Carpet
- Tile
Bedrooms and Bathrooms
- 5 Bedrooms
- Soaking Tub
Laundry
- Laundry Room
- Washer and Dryer
Finished Basement
- Basement Fills Entire Space Under The House
- Natural lighting in basement
Pool
- Spa
- Above Ground Pool
Outdoor Features
- Covered Deck
- Fire Pit
- Shed
- Outbuilding
Schools
- Kelly Creek Elementary School
- Gordon Russell Middle School
- Sam Barlow High School
Utilities
- Cooling Available
- Forced Air Heating System
- Heating System Uses Oil
- Heat Pump System
- Electric Water Heater
- High Speed Internet
Community Details
- No Home Owners Association
Listing and Financial Details
- Assessor Parcel Number R339844
Map
Home Values in the Area
Average Home Value in this Area
Tax History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $7,401 | $363,690 | -- | -- |
| 2024 | $7,085 | $353,100 | -- | -- |
| 2023 | $6,455 | $342,820 | $0 | $0 |
| 2022 | $6,274 | $332,840 | $0 | $0 |
| 2021 | $6,116 | $323,150 | $0 | $0 |
| 2020 | $5,755 | $313,740 | $0 | $0 |
| 2019 | $5,604 | $304,610 | $0 | $0 |
| 2018 | $5,343 | $295,740 | $0 | $0 |
| 2017 | $5,127 | $287,130 | $0 | $0 |
| 2016 | $4,520 | $278,770 | $0 | $0 |
| 2015 | $4,423 | $270,660 | $0 | $0 |
| 2014 | $4,315 | $262,780 | $0 | $0 |
Property History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 06/15/2026 06/15/26 | For Sale | $750,000 | -- | $257 / Sq Ft |
Purchase History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $325,000 | First American | |
| Warranty Deed | $245,000 | First American | |
| Warranty Deed | $815,000 | First American Title Insuran |
Mortgage History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $229,000 | New Conventional | |
| Previous Owner | $238,789 | FHA | |
| Previous Owner | $4,945,500 | Construction |
Source: Regional Multiple Listing Service (RMLS)
MLS Number: 567137463
APN: R339844
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate 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 Ten-X are marked with the RMLS™ logo, and detailed information about these properties includes the names of the listing brokers. Listing content is copyright © 2026 RMLS™, Portland, Oregon. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available. All information provided is deemed reliable but is not guaranteed and should be independently verified.
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