101 CORNELL AVE Gladstone, OR $ 600,000
101 CORNELL AVE
$ 600,000
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101 CORNELL AVE

Gladstone, OR, 97027
$ 600,000
Bedrooms4 Baths4.0 Sq 2,100

Monthly Estimate*

$ 3,788

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Multi-Family Home for sale in Gladstone, OR

for $600,000 with 4 bedrooms and 4 full baths. This 2,100 square foot home was built in 1999.

Don't miss the exceptional opportunity in this Gladstone duplex, just blocks from the Clackamas River and downtown Gladstone. This single owner property is ideal for investors offering solid construction, long-term tenants, functional floor plans, and meaningful upside in current rents. Each townhouse-style unit features 2 bedrooms, 1.5 bathrooms, an attached one-car garage, and a private fenced side yard, with separate grassy front yards adding additional outdoor space. The units have been well cared for and provide comfortable, low-maintenance living. Currently occupied by reliable, long-term tenants providing immediate and consistent rental income. Low carrying costs as tenants pay all utilities. Located within close proximity to schools, parks, shopping, dining, and everyday amenities, this duplex offers both tenant appeal and long-term investment potential.

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Multi-Family Active

Price

$ 600,000

Bedrooms

4

Full Bath

4

Property Type

Multi-Family

Taxes

$ 7,399

Style

Year Built

1999

Town/City

Gladstone

County/Region

Clackamas

MLS | Web ID

465801563

Features
General
Sewer PublicSewer
Heating ForcedAir
Roof Composition
Zoning R5
Garage Spaces 2.0
Year Built 1999
Stories Count 2
Tax Year 2025
Parcel Number 00543825
Gross Income 35400.0
County Clackamas
Net Operating Income 28000.0
Operating Expense 7400.0
Property Type MultiFamily
HOA N
Rent Includes None
Status Active
Directions Corner of Cornell Ave & First St
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 7399.64
Middle/Junior High School Kraxberger
Property Condition Approximately
Standard Status Active
Accessory Dwelling Unit Y/N N
Legal Description 124 GLADSTONE LT 9 BLK 75
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Interior
Basement CrawlSpace
Hot Water Electricity
Unit 1 Baths Total 2
Unit 1 Beds Total 2
Unit 2 Baths Total 2
Unit 2 Beds Total 2
Unit Type UnitTypeType1 UnitTypeType2
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Exterior
Parking Features Driveway Garage
Lot Features CornerLot Level
Water Source PublicWater
Total Parking 2.0
Exterior Description VinylSiding
Foundation Details ConcretePerimeter
Building Area Total 2100.0
Road Surface Type Paved
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Internal Only
Street Number 1 101
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* Excluded Features
List By
Vitality Home Realty

Broker

melissaewbankhomes@gmail.com

Email

Affordability Calculator

$4,405
Per Month
86%
14%
0%
Monthly Principal & Interest
$3,788
Monthly Property Taxes
$617
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.49% 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
9/3/2026$600,000 Listed Price

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101 CORNELL AVE, Gladstone, OR, 97027 is a Multi-Family Home for sale at $600,000 with 2,100 sqft. 101 CORNELL AVE has 4 bedrooms, 4.0 baths, and was built in 1999. The property's zip code is 97027 which is in Gladstone, OR