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Listed by eXp Realty, LLC • 503-329-5131
$615,000
Est. payment /mo
9,583 Sqft Lot
New
430 E HEREFORD ST Gladstone, OR 97027
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Key Details
Property Type Multi-Family
Listing Status Active
Purchase Type For Sale
Subdivision Gladstone
MLS Listing ID 604192012
Year Built 1979
Annual Tax Amount $7,121
Tax Year 2024
Lot Size 9,583 Sqft
Property Description
This income-producing duplex in Gladstone presents a flexible and appealing opportunity for both investors and owner-occupants. Located in one of the Portland metro area's hidden gems, Gladstone offers a small-town feel with quick access to the city, a well-regarded school district, and close proximity to the Clackamas River, parks, shopping, and public transit. Unit 430 is currently vacant and move-in ready—ideal for a new tenant or an owner looking to live onsite—while Unit 432 will be vacating on 6/30, opening the door to new possibilities for full occupancy or dual rental income. Tucked away on a private, wooded lot with off-street parking, the property offers rare privacy while remaining centrally located. Remodeled throughout in 2018, the duplex blends modern updates with timeless charm, including the replacement of the roof and furnaces during the renovation. Each unit enjoys its own private deck and a spacious, fully fenced backyard, perfect for outdoor enjoyment. Unit 430 is a 2BD/2BA with vaulted ceilings and a versatile flex room that can easily function as a third bedroom, home office, or additional living space. Unit 432 is a 2BD/1BA with an attached one-car garage and the same thoughtful finishes. Both homes feature updated, functional kitchens, generously sized bedrooms, and vaulted ceilings that enhance the sense of space and light. Appliances—including freestanding stoves, dishwashers, refrigerators, washers, and dryers—are included in both units. Whether you're looking to expand your rental portfolio or live in one unit while generating income from the other, this well-maintained duplex is a smart buy in a desirable, high-demand area.
Location
State OR
County Clackamas
Area _145
Zoning R5
Rooms
Basement Crawl Space
Interior
Heating Forced Air
Exterior
Garage Spaces 2.0
Roof Type Composition
Garage No
Building
Lot Description Secluded, Trees
Story 3
Sewer Public Sewer
Water Public Water
Level or Stories 3
Schools
Elementary Schools John Wetten
Middle Schools Kraxberger
High Schools Gladstone
Others
Acceptable Financing Cash, Conventional, FHA, VALoan
Listing Terms Cash, Conventional, FHA, VALoan
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