18309 PORTLAND AVE Gladstone, OR $ 689,900
18309 PORTLAND AVE
$ 689,900
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18309 PORTLAND AVE

Gladstone, OR, 97027
$ 689,900
Bedrooms3 Baths2.0 Sq 2,680

Monthly Estimate*

$ 4,248

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Multi-Family Home for sale in Gladstone, OR

for $689,900 with 3 bedrooms and 2 full baths. This 2,680 square foot home was built in 2002.

This well-located duplex on Portland Avenue sits in the heart of Gladstone, just two lots down from City Hall and the Police Station, offering unbeatable proximity to Main Street and quick access to 99E / McLoughlin Boulevard for easy commuting. Each unit features a functional layout with three bedrooms, a full bath upstairs, plus a half bath and individual laundry hookups on the main level. The simple, efficient floor plan connects the kitchen and family room into one open living space. Just one block from Gladstone High School, you can hear the soft, distant roar of the crowd during sports events from the nearby athletic fields — a familiar local backdrop that adds to the neighborhood feel. A short walk down Portland Avenue brings you to Gladstone’s charming main street with its new library, coffee shops, restaurants, food carts, local watering holes, and true hometown character. With long-term tenants and steady cash flow, this is a dependable investment property in a consistently desirable location, and duplexes like this only come to market a few times a year as many investors hold them long-term — your opportunity awaits; inquire for details

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Multi-Family Active

Price

$ 689,900

Bedrooms

3

Full Bath

2

Property Type

Multi-Family

Taxes

$ 7,955

Style

Year Built

2002

Town/City

Gladstone

County/Region

Clackamas

MLS | Web ID

312284857

Features
General
Sewer PublicSewer
Heating WallHeater
Cooling WindowUnit
Roof Composition
Zoning R7.2
Garage Spaces 2.0
Year Built 2002
Stories Count 2
Tax Year 2025
Parcel Number 05000849
Gross Income 44400.0
County Clackamas
Net Operating Income 35245.0
Operating Expense 9155.0
Property Type MultiFamily
HOA N
Subdivision Name DOWNTOWN GLADSTONE
Rent Includes None
Status Active
Directions Portland Ave and Glen Echo
High School Gladstone
City Gladstone
Disclosures Disclosure
Number Of Units Total 2
MLS Area _145
Listing Terms Cash Conventional
Elementary School John Wetten
Tax Annual Amount 7955.09
Middle/Junior High School Kraxberger
Property Condition Existing
Standard Status Active
Accessory Dwelling Unit Y/N N
Legal Description PLAT MASON ESTATES LT 6 3567
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Interior
Basement CrawlSpace
Hot Water Electricity
Unit 1 Baths Total 2
Unit 1 Beds Total 3
Unit Type UnitTypeType1
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Exterior
Parking Features Driveway OnStreet
Water Source PublicWater
Total Parking 2.0
Exterior Description VinylSiding
Foundation Details ConcretePerimeter
Building Area Total 2680.0
Lot Dimensions 50'x144'
Road Surface Type Paved
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Internal Only
Street Number 1 18309
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* Excluded Features
List By
Heins Real Estate Llc

Broker

SH@HeinsRealEstate.com

Email

Affordability Calculator

$4,911
Per Month
87%
13%
0%
Monthly Principal & Interest
$4,248
Monthly Property Taxes
$663
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
1949075 Elementary School
1948908 Middle School
Gladstone High School High School
Pricing History
DatePricePrice ChangeDescription
6/8/2026$689,900 Listed Price

Map


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18309 PORTLAND AVE, Gladstone, OR, 97027 is a Multi-Family Home for sale at $689,900 with 2,680 sqft. 18309 PORTLAND AVE has 3 bedrooms, 2.0 baths, and was built in 2002. The property's zip code is 97027 which is in Gladstone, OR