5321 SE Welch Rd, Gresham, OR 97080
Property image
Property image
FOR SALE
0.54 ACRES

5321 SE Welch Rd
Gresham, OR 97080

Kelly Creek
  • 5 Beds
  • 3 Baths
  • 2,922 sqft (on 0.54 acres)

$699,000

Original price: $750,000
Est. Mortgage $4,183/mo*
Get Pre-Qualified

$699,000

Original price: $750,000
Est. Mortgage $4,183/mo*
Get Pre-Qualified
5 Beds
3 Baths
2,922 sqft
(on 0.54 acres)

Home Highlights

Parking
4 Car Garage
Outdoor
Deck, Pool
Climate Control
Heating & Cooling
Price/Sqft
$239
Listed
60 days ago

Local Information

  • Map ViewExplore the area around 5321 SE Welch Rd.
  • Schools1 Elementary School1 Middle School1 High School
  • Shop & Eat
-- mins to
Commute Destination

About this House

This home 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 & 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 unique property & 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."Buyer to verify development potential with the City of Gresham. Preliminary review suggests the LDR-5 zoning may support a variety of middle-housing options."
Last check for updates: about 18 hours ago
Listing courtesy of Lisa Benson
Ten Mile Lake Properties LLC
Source: RMLS (OR), MLS#567137463

Home Details for 5321 SE Welch Rd

Active Status

MLS Status: Active

Interior Features

Interior Details
Basement: Daylight,Finished,FullNumber of Rooms: 8Types of Rooms: Master Bedroom, Bedroom 2, Bedroom 3, Bedroom 4, Dining Room, Family Room, Kitchen, Living Room
Beds & Baths
Number of Bedrooms: 5Number of Bathrooms: 3Number of Bathrooms (full): 3Number of Bathrooms (main level): 2
Dimensions and Layout
Living Area: 2922 Square Feet
Appliances & Utilities
Appliances: Built-In Range, Built-In Refrigerator, Convection Oven, Dishwasher, Disposal, Plumbed For Ice Maker, Stainless Steel Appliance(s), Washer/Dryer, Microwave, Electric Water HeaterDishwasherDisposalMicrowave
Heating & Cooling
Heating: Forced AirHas CoolingAir Conditioning: Heat PumpHas HeatingHeating Fuel: Forced Air
Fireplace & Spa
Number of Fireplaces: 2Fireplace: Wood BurningSpa: Free Standing Hot TubHas a FireplaceHas a Spa
Windows, Doors, Floors & Walls
Flooring: Tile, Wall to Wall Carpet
Levels, Entrance, & Accessibility
Stories: 2Levels: TwoFloors: Tile, Wall To Wall Carpet
View
Has a ViewView: Mountain(s), Territorial

Exterior Features

Exterior Home Features
Roof: CompositionPatio / Porch: Covered Deck, DeckFencing: FencedOther Structures: Outbuilding, RVHookup, RVBoatStorage, ToolShedExterior: Fire Pit, Garden, RV Hookup, Yard, Exterior EntryFoundation: SlabGardenHas a Private Pool
Parking & Garage
Number of Garage Spaces: 4Number of Covered Spaces: 4No CarportHas a GarageHas an Attached GarageParking Spaces: 4Parking: RV Access/Parking,Secured,RV Boat Storage,Garage Door Opener,Attached,Oversized,Tuck Under
Pool
Pool
Frontage
Road Surface Type: Paved
Water & Sewer
Sewer: Public Sewer

Days on Market

Days on Market: 60

Property Information

Year Built
Year Built: 1970
Property Type / Style
Property Type: ResidentialProperty Subtype: Residential, Single Family ResidenceArchitecture: Custom Style
Building
Construction Materials: Brick, Vinyl SidingNot a New ConstructionNot Attached Property
Property Information
Condition: ApproximatelyParcel Number: R339844

Price & Status

Price
List Price: $699,000Price Per Sqft: $239

Location

Direction & Address
City: Gresham
School Information
Elementary School: Kelly CreekJr High / Middle School: Gordon RussellHigh School: Sam Barlow

Agent Information

Listing Agent
Listing ID: 567137463

Building

Building Area
Building Area: 2922 Square Feet

Community

Not Senior Community

HOA

No HOA

Lot Information

Lot Area: 0.54 acres

Offer

Listing Terms: Cash, Conventional, FHA, VA Loan

Miscellaneous

BasementMls Number: 567137463Attribution Contact: tenmilelakeproperties@gmail.com

Market trends in Gresham

Last updated July 2026
Buyer'sMarketSeller'sMarket
Avg. sale price
$466K
$234MoM
Sale-to-List Price
100.0%
Price per sq ft
$275
$1MoM
Available listings
365
38MoM

Price and Tax history

DateEventPrice
Jul 12, 2026
Source: RMLS (OR) #567137463
PriceChange
$699,000
Price decreased by 7%
Jun 15, 2026
Source: RMLS (OR) #567137463
Listed For Sale
$750,000
Dec 31, 2014
Source: N/A
Sold
$325,000
Jan 13, 2011
Source: N/A
Sold
$245,000
Oct 30, 2010
Source: Agent Provided
Listed For Sale
$249,900

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Home Value

Trulia Estimate
$687K
Since last month
Decreased$55K (-7.4%)
Since last year
Increased$38K (+5.9%)
Since last sale
Increased$362K (+111.2%)
Learn more about this home's value by checking out its Trulia Estimate, the value of nearby homes, and how much similar homes have sold for.

Trulia Estimate

The of this home's value increased by +72% in the last 10 years
MonthEstimated value
2026
August 2026$687K
July 2026$687K
June 2026$742K
May 2026$646K
April 2026$639K
March 2026$629K
February 2026$621K
January 2026$609K
2025
2024
2023
2022
2021
2020
2019
2018
2017
2016

Comparable sales

These are recently sold homes that have a similar location or other similar features to this home, like bedrooms, bathrooms, and square footage. Get a sense of the expected prices in the area by viewing these homes.
Address
Distance
Property Type
Sold Price
Sold Date
Bed
Bath
Sqft
2132 SE Douglas Pl, Gresham, OR
0.37
Single-Family Home
$790,000
12/12/25
4
3
3,234
2653 SE Eagle Ave, Gresham, OR
0.18
Single-Family Home
$550,000
12/10/25
4
3
2,164
4626 SE Chase Rd, Gresham, OR
0.33
Single-Family Home
$850,000
09/15/25
4
3
2,299
5914 SE Welch Rd, Gresham, OR
0.30
Single-Family Home
$640,000
01/13/26
3
3
3,293
2404 SE Jasmine Way, Gresham, OR
0.25
Single-Family Home
$570,000
04/23/26
4
3
2,529
27245 SE Orient Dr, Gresham, OR
0.31
Single-Family Home
$430,000
09/03/25
3
2
3,232
2266 SE Night Heron Pl, Gresham, OR
0.35
Single-Family Home
$590,000
11/20/25
4
3
2,258

Nearby home prices

Get a sense of expected prices in the area by checking the value of nearby homes.
Address
Distance
Price
Bed
Bath
Sqft
Status
SE Welch Rd, Gresham, OR 97080
0.03
-
-
-
-
Off Market
5866 SE 29th Ter, Gresham, OR 97080
0.05
$567,800
4
2
2,395
Off Market
5360 SE Chase Rd, Gresham, OR 97080
0.03
$871,000
5
4
4,178
Off Market
5146 SE 28th Dr, Gresham, OR 97080
0.11
$646,900
4
2
2,274
Off Market
2858 SE Jasmine Ave, Gresham, OR 97080
0.12
$476,300
3
2
1,685
Off Market
5617 SE 29th Ter, Gresham, OR 97080
0.13
$470,000
3
2
1,652
Recently Sold
5400 SE Chase Rd, Gresham, OR 97080
0.08
$1,299,000
5
3
3,235
For Sale
5220 SE Welch Rd, Gresham, OR 97080
0.15
$479,600
3
1
1,712
Off Market
5751 SE 29th Ter, Gresham, OR 97080
0.17
$509,200
3
2
1,615
Off Market
5360 SE 31st St, Gresham, OR 97080
0.20
$449,300
3
2
1,204
Off Market
2548 SE Eagle Ave, Gresham, OR 97080
0.16
$485,000
3
2
1,380
Off Market

Around this home

Neighborhood Overview

Kelly Creek
See Local Highlights
Neighborhood stats provided by third party data sources.

What Locals Say about Kelly Creek

At least 54 Trulia users voted on each feature.

  • 90 % Say car is needed

  • 89 % Say it's dog friendly

  • 84 % Say there are sidewalks

  • 81 % Say parking is easy

  • 80 % Say yards are well-kept

  • 80 % Say kids play outside

  • 77 % Say there's holiday spirit

  • 67 % Say streets are well-lit

  • 63 % Say people would walk alone at night

  • 61 % Say neighbors are friendly

  • 60 % Say they plan to stay for at least 5 years

  • 57 % Say there's wildlife

  • 54 % Say it's walkable to grocery stores

  • 43 % Say it's quiet

  • 26 % Say it's walkable to restaurants

  • 21 % Say there are community events

Sourced by Trulia users. Learn more about our methodology.
  • Michelle M. L.
    "we don't have any neighborhood events. everyone in our neighborhood decorates for Halloween and Christmas. "
    0
    Flag
  • Michelle M. L.
    "there are 2 farmers market we enjoy going too and I love our little downtown. our neighborhood is so quiet and has no street people use as a cross thru"
    0
    Flag
  • Dailyman2472016
    "This is a great quite neighborhood, close to schools, shopping and access to the Mt Hood Highway 26. It’s a safe neighborhood where your neighbors are friendly."
    0
    Flag
  • Georgelynnie2
    "Lots of dogs in neighborhood most owners are responsible but it’s those few that give dogs a bad name "
    0
    Flag
  • gurutogod
    "well since i work close the commute is about 15min. but you only get bus service twice a day I'd say this wouldn't be your best option."
    0
    Flag
  • Sstahl5
    "great area, schools, i loved raising my family here. it could use a better park development. there it is in a nut shell."
    1
    Flag
  • Estrom1950
    "This is a very nice and quiet neighborhood. Grocery stores are close, but you must have a car. Kelly Creek Elementary is a nice school."
    0
    Flag
  • Edith.strom
    "We have lived in Gresham for 40 years. Kelly Creek is very pretty and safe. The schools are not the best in Oregon but they are good. The air is fresh and freeways are easy to access."
    0
    Flag
  • Kitacream
    "Lots of people walk their dogs. Kelley Creek is nearby with a trail the dog walkers love. I don’t think there is anything a dog owner would’t like about this area. "
    0
    Flag
  • Rachel W.
    "My commute is less than 5 minutes by car and I have a beautiful view of Mt. Hood traveling to and from work."
    0
    Flag
  • Dailyman2472016
    "This is a nice friendly neighborhood. Neighbors walk their dogs, kids play basketball in the streets. It’s very close to Kelly Creek Elementary school as well."
    0
    Flag
  • Vanerigaud
    "Families are really involved in school activities. The neighborhood is a quiet place. Has somewhat of a small town feel. "
    3
    Flag
  • Robert G.
    "I have lived and worked in Gresham for 25 years and I think this is one of the best areas to live in, you are close to everything shopping,Resturants,Rivers,Mt hood,Airport,public transpotation, Great schools, "
    4
    Flag
  • Griz
    "Very nice cul-de-sac residential neighborhood with underground utilities for a clear sky providing quiet starry nights and unique family safety. Perfect for up-and-coming workers and retirees with desire for a large number of nice affordable restaurants theaters parks and shopping nearby. Homes come to market on occasion in this 'must see' neighborhood, with two expected to come onto the market by summer. "
    1
    Flag

LGBTQ Local Legal Protections

Frequently asked questions about 5321 SE Welch Rd

  • What is the estimated monthly payment for 5321 SE Welch Rd?
    Based on a $699,000 list price with 20% down at today's rates, the estimated monthly payment for 5321 SE Welch Rd in Gresham, OR is approximately $4,271 (about $3,637 principal & interest, $559 property taxes, and $75 homeowner's insurance). This is an estimate. Actual payment depends on your loan terms.
  • How does the list price for 5321 SE Welch Rd compare to homes in Gresham?
    5321 SE Welch Rd in Gresham, OR is listed at $699,000, about 50% above the $466K median sale price in Gresham.
  • What do residents say about the Kelly Creek neighborhood?
    Residents describe the Kelly Creek neighborhood in Gresham, OR as dog-friendly, pedestrian-friendly, and easy to park in. See homes for sale in Kelly Creek, Gresham.
  • What are the closest schools to 5321 SE Welch Rd?
    The closest schools to 5321 SE Welch Rd in Gresham, OR are Gordon Russell Middle School (rated 2/10), Kelly Creek Elementary School (rated 4/10), Sam Barlow High School (rated 6/10).
  • Does 5321 SE Welch Rd have air conditioning?
    Yes, 5321 SE Welch Rd in Gresham, OR has air conditioning.
  • Does 5321 SE Welch Rd have a pool?
    Yes, 5321 SE Welch Rd in Gresham, OR has a pool.
Lisa Benson, Ten Mile Lake Properties LLC
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 Zillow, Inc. 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. This content last updated on 2026-08-14 01:04:01 PDT. 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.
5321 SE Welch Rd, Gresham, OR 97080 is a 5 bedroom, 3 bathroom, 2,922 sqft single-family home built in 1970. 5321 SE Welch Rd is located in Kelly Creek, Gresham. This property is currently available for sale and was listed by RMLS (OR) on Jun 15, 2026. The MLS # for this home is MLS# 567137463.