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.
Active
$600,000
101 Cornell Ave, Gladstone, OR 97027
4beds
2,100sqft
Multi Family
Built in 1999
-- sqft lot
$-- Zestimate®
$286/sqft
$-- HOA
What's special
Comfortable low-maintenance livingPrivate fenced side yardSeparate grassy front yardsAttached one-car garage
- 4 days
- 392
- 34
Likely to sell faster than
Zillow last checked:
Listing updated:
Listed by:
Melissa Ewbank 503-462-1331,
Vitality Home Realty
Source: RMLS (OR),MLS#: 465801563
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 4
- Full bathrooms: 2
- Partial bathrooms: 2
Heating
- Forced Air, Fireplace(s)
Appliances
- Included: Range, Refrigerator, Washer/Dryer, Electric Water Heater
Features
- Basement: Crawl Space
Interior area
- Total structure area: 2,100
- Total interior livable area: 2,100 sqft
Property
Parking
- Total spaces: 2
- Parking features: Driveway, Garage
- Garage spaces: 2
- Has uncovered spaces: Yes
Features
- Stories: 2
Lot
- Features: Corner Lot, Level, SqFt 5000 to 6999
Details
- Parcel number: 00543825
- Zoning: R5
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Materials
- Vinyl Siding
- Foundation: Concrete Perimeter
- Roof: Composition
Condition
- Approximately
- Year built: 1999
Utilities & green energy
- Gas: Gas
- Sewer: Public Sewer
- Water: Public
Community & HOA
HOA
- Has HOA: No
Location
- Region: Gladstone
Financial & listing details
- Price per square foot: $286/sqft
- Tax assessed value: $633,951
- Annual tax amount: $7,399
- Date on market: 9/2/2026
- Listing terms: Cash,Conventional
- Total actual rent: 2950
- Road surface type: Paved
Estimated market value
Not available
Estimated sales range
Not available
Not available
Price history
| Date | Event | Price |
|---|---|---|
| 9/2/2026 | Listed for sale | $600,000+150%$286/sqft |
Source:  RMLS (OR) #465801563 Report a problem | ||
| 5/7/1999 | Sold | $240,000$114/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $7,400 +2.9% | $367,244 +3% |
| 2024 | $7,194 +3.3% | $356,548 +3% |
| 2023 | $6,962 +4.1% | $346,164 +3% |
| 2022 | $6,691 +3.8% | $336,082 +3% |
| 2021 | $6,445 +2.4% | $326,294 +3% |
| 2020 | $6,291 +1.2% | $316,791 +3% |
| 2019 | $6,218 +3.8% | $307,565 +3% |
| 2018 | $5,992 | $298,607 +3% |
| 2017 | $5,992 +6.6% | $289,910 +3% |
| 2016 | $5,621 | $281,466 +3% |
| 2015 | $5,621 +3.4% | $273,268 +3% |
| 2014 | $5,436 +6.9% | $265,309 +3% |
| 2013 | $5,085 +3.8% | $257,582 +3.8% |
| 2012 | $4,899 -0.4% | $248,250 -0.7% |
| 2011 | $4,917 -0.1% | $250,080 +2.4% |
| 2010 | $4,922 +3.7% | $244,208 +3% |
| 2009 | $4,749 +6% | $237,095 +3% |
| 2008 | $4,482 +3.1% | $230,189 +3% |
| 2007 | $4,345 +18.2% | $223,484 +3% |
| 2006 | $3,676 +3% | $216,975 +3% |
| 2005 | $3,568 +2.9% | $210,655 +3% |
| 2004 | $3,465 +4.6% | $204,519 +3% |
| 2003 | $3,313 +3% | $198,562 +3% |
| 2002 | $3,217 -4.1% | $192,779 +3% |
| 2001 | $3,354 +3.2% | $187,164 +570.3% |
| 2000 | $3,250 | $27,923 |
Find assessor info on the county website
Monthly payment
Est. payment
Payment breakdown
Explore the cost of this home by adjusting the details. Changes won't be saved.Climate risks
Neighborhood: 97027
Nearby schools
Schools provided by the listing agent
- Elementary: John Wetten
- Middle: Kraxberger
- High: Gladstone
Source: RMLS (OR). This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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