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Listed by Tree City Real Estate • Lizbeth@treecityhomes.com
$ 824,900
Est. payment | /mo
2,648 SqFt
$ 824,900
Est. payment | /mo
2,648 SqFt
Key Details
Property Type Multi-Family
Listing Status Active
Purchase Type For Sale
Square Footage 2,648 sqft
Price per Sqft $311
Subdivision Milbradt Heights
MLS Listing ID 525424409
Year Built 1993
Annual Tax Amount $7,144
Tax Year 2025
Lot Size 7,840 Sqft
Property Description
Excellent investment opportunity in Gladstone! This well-maintained and extensively updated duplex offers two spacious 2-bedroom, 2.5-bath units, approximately 1,324 SF each, for a combined 2,648 SF of living space. Each unit features an inviting, functional floor plan with generous living areas, updated kitchens, stainless steel appliances, refreshed countertops, newer flooring and carpet, updated paint, lighting, ceiling fans, and bathroom fixtures. Updated flooring, appliances, and well-kept interiors throughout.Major improvements add to the long-term value, including a newer roof, updated landscaping, removal of two large backyard trees, and a privacy fence separating the rear yards, giving each tenant their own outdoor space. Each unit also offers an attached garage and in-unit laundry.Both units are currently tenant-occupied, providing immediate rental income for the next owner. A great opportunity to add a stabilized, updated duplex to an investment portfolio in a convenient Gladstone location near shopping, services, transportation, and everyday amenities.
Location
State OR
County Clackamas
Area _145
Zoning R7.2
Rooms
Basement Crawl Space
Interior
Heating Forced Air
Cooling Other
Exterior
Garage Spaces 2.0
View Trees Woods
Roof Type Composition
Garage No
Building
Lot Description Level
Story 2
Foundation Concrete Perimeter
Sewer Public Sewer
Water Public Water
Level or Stories 2
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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