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$1,150,000

NE 5th St Gresham, OR 97030

0.7 acres
Land

Property details

About NE 5th St

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.

Highlights

Home typeResidential Land
StatusActive
Lot size0.68 Acres
MLS #172480520

Summary

  • Attached Garage: No
  • List Price: $1,150,000
  • Directions: Powell or Division to Cleveland, East on 5th
  • Lot Size: 0.68 Acres
  • MLS Number: 172480520
  • MLS Name: Regional Multiple Listing Service, Inc.
  • Office Name: Kohler Meyers O'Halloran Inc.
  • Office Phone: (503) 661-8000
  • Listing Agent: Darren O'Halloran, Suzanne O'Halloran

IDXThe 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 another brokerage firm are marked with the RMLS logo, and detailed information about these properties includes the names of the listing brokers. Listing content is copyright © 2025 Regional Multiple Listing Service, Inc. (RMLS™) Portland, Oregon.

The information on this web site is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. We are not responsible or liable for misinformation, misprints, or typographical errors. All information provided is deemed reliable but is not guaranteed and should be independently verified through personal inspection by and/or with the appropriate professionals. Properties subject to prior sale, change, withdrawal or rental. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 7/17/2025, 10:45:32 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Price information

Property sales

DateEventPrice
Sep 10, 2021
Home Sold
$2,300,000
Jun 12, 2018
Home Sold
$350,000
Jan 28, 2016
Home Sold
$225,000
Jan 28, 2016
Home Sold
$225,000
Dec 19, 2006
Home Sold
$650,000
Sep 01, 1990
Home Sold
$82,000

Tax history

We're sorry, we currently don't have tax history data for this listing.

History based on county public records data.

Nearby schools

1

Hall Elementary School

Public District KG-5

1.0 mi

2505 NE 23rd St

6

East Gresham Elementary School

Public District KG-5

1.0 mi

900 SE 5th St

6

Gresham Arthur Academy

Public Charter KG-5

1.1 mi

1890 NE Cleveland Ave

School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.

All data from GreatSchools

Neighborhood

The neighbors living near this home have an average income of $55,138. The most common annual income of people living in Gresham, OR is between $35k-100k. The most common type of family is single, no kids. The majority of residents in this area have high school diploma education.

How much money do the neighbors make?

27%
<35k
60%
35k-100k
12%
100k-200k
1%
200k+

What level of education do the neighbors have?

High School Diploma
Post Secondary Degree
Masters Degree

What types of families live nearby?

41%
Single, No Kids
20%
Single, with Kids
18%
Married, No Kids
21%
Married, with Kids

Are the neighbors home owners or renters?

Home Owners
Renters

How old are people in this area?

20%
<11 yrs old
10%
12-17 yrs old
25%
18-34 yrs old
33%
35-64 yrs old
12%
65+ yrs old

What do the neighbors do for fun?

  • Major League Soccer (MLS)Major League Soccer (MLS)
  • Pro BoxingPro Boxing
  • Mexican League SoccerMexican League Soccer

Where do the neighbors shop?

  • H&MH&M
  • BurlingtonBurlington
  • Ross Dress For LessRoss Dress For Less

Where do the neighbors go to eat?

  • PopeyesPopeyes
  • Boston MarketBoston Market
  • White CastleWhite Castle

What do the neighbors drive?

  • NissanNissan
  • HondaHonda
  • KiaKia

What do the neighbors listen to?

  • Rhythmic Contemporary HitsRhythmic Contemporary Hits
  • Urban Adult ContemporaryUrban Adult Contemporary
  • Soft Adult ContemporarySoft Adult Contemporary
All data provided by Home Junction and Claritas

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Frequently asked questions

About NE 5th St

The listing price of NE 5th St property is $1,150,000.

The property NE 5th St is land located in Gresham, Oregon, 97030.

Active Listing: NE 5th St is For Sale (Active/New) which means the seller is accepting offers.

The nearby schools for NE 5th St are: Hall Elementary School (GreatSchools Rating 1/10), East Gresham Elementary School (GreatSchools Rating 6/10), Gresham Arthur Academy (GreatSchools Rating 6/10), Gordon Russell Middle School (GreatSchools Rating 4/10), Dexter McCarty Middle School (GreatSchools Rating 2/10), Walt Morey Middle School (GreatSchools Rating 4/10), Springwater Trail High School (GreatSchools Rating 8/10), Gresham High School (GreatSchools Rating 3/10), Metro East Web Academy (GreatSchools Rating 5/10).

The last sale was on September 10, 2021 for $2,300,000 (source: MLS/tax record).

The property NE 5th St is 0.68 acres.

This home is located at NE 5th St in Gresham, OR and zip code 97030 in the Paropa Ridge Acres neighborhood. Features: 0 bathroom. It has been listed on Rocket Homes since June 26, 2025 and is currently priced at $1,150,000.

While more than 25 listings in Gresham, OR in June 2025 were sold above asking price, there were more than 26 listings sold at asking price, and more than 24 were sold below. The number of listings in Gresham, OR increased by 12.5% between May and June 2025. In June 2025, listings were on the market for 29 days. During the same period, the median list price in this real estate market was $482,900.

From Rocket Homes Real Estate and based on county public records data.

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