2
Map
$695,000
●
Land -
For Sale
3777 SE 14TH ST
Gresham, OR 97080
Studio
0 Bath
$3,726
Est. Monthly
About This Property
Two projects in one - and the groundwork is already done. The PFSA
is approved, civil engineering is complete, and this site is
positioned to break ground the moment a surety bond is
posted.Spanning 0.66 flat, level acres zoned LDR-5, the project
delivers a 6-lot cottage cluster alongside a separate 8,525 SF lot
set aside for future middle housing quadplex development. All
infrastructure is fully engineered to City of Gresham Public Works
Standards across both frontages on SE La Mesa Avenue and SE 14th
Street - water, sewer, storm, and street improvements designed and
ready to build.For a builder looking to run two distinct product
types within one project, this one checks every box. The
entitlement is behind you. What's left is the build.
Unit Size
-
Days on Market
139 days
Land Size
0.47 acres
Price per sqft
-
Property Type
Land
Property Taxes
$313
HOA Dues
-
Year Built
1955
Listed By
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100% Occupancy
N/A (extreme outlier) What does this mean?
Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.
How much can I actually make?
Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.
How is cap rate calculated?
Cap Rate = Net Operating Income (NOI) / Property Asset Value.
When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.
Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.
Last updated: 4 months ago ( #708127593)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jun 11, 2026 | Listed by Builders Marketing Group | $695,000 | |
| Listed by Builders Marketing Group | |||
| May 16, 2022 | No longer available | - | |
| No longer available | |||
| Apr 13, 2022 | Price Decreased |
$469,900
↓ $30K
(6%) | |
| Price Decreased | |||
| Feb 27, 2022 | Price Decreased |
$499,900
↓ $39K
(7.3%) | |
| Price Decreased | |||
| Dec 11, 2021 | Listed by Mt Hood Realty, LLC | $539,000 | |
| Listed by Mt Hood Realty, LLC | |||
| | |||
|
Genuine Mid-Century Modern with high vaulted ceilings, Hardwood and cork floors and a grand fireplace in both the living room and primary suite. This unique design has 6 exterior doors and 4 covered concrete patios. Floor to ceiling windows in the living room and dining room. The owner is a licensed real estate broker and is related to the listing broker. This home is a significant fixer. The manager has listed the unit size as 2129 square feet.
| |||
Property Highlights
Exterior Details
Lot Features: Cleared, PublicRoad
Lot Size Area: 20473
Lot Size Units: Square Feet
Lot Size Acres: 0.47
Lot Size Square Feet: 20473
Financial Details
Tax Annual Amount: $3,752
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Comparables
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Status
Status
Type
Beds
Baths
ft²
Price/ft²
Price/ft²
Asking Price
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HOA + Taxes
About Kelly Creek
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Currently no similar homes aroundNearby Rentals
Listed by: Thatcher Green, Builders Marketing Group
Last Updated: 4 months ago
Data Source: RMLS , MLS# 708127593
Last Updated: 4 months ago
Data Source: RMLS , MLS# 708127593
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 RH Advisors are marked with the RMLS logo, and detailed information about these properties includes the name of the listing brokers. Listing content is copyright 2026 RMLS, Portland, Oregon. All information provided is deemed reliable but is not guaranteed and should be independently verified. This content last updated on 10/28/2026 02:29. Some properties which appear for sale on this web site may subsequently have sold or no longer be available.
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