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  • $689,900

    18309 Portland Ave, Gladstone, OR 97027

    6beds
    2,680sqft
    : 
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    Multi Family
    Built in 2002
    -- sqft lot
    $-- Zestimate®
    $257/sqft
    $-- HOA

    What's special

    Simple efficient floor planFunctional layoutThree bedrooms
    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
    34 days
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    603
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    21
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    Zillow last checked:

    Listing updated:

    Listed by:

    Stephen Heins 503-707-5777,

    Heins Real Estate LLC

    Source: RMLS (OR),MLS#: 312284857MLS Logo

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      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 6
      • Bathrooms: 4
      • Full bathrooms: 2
      • Partial bathrooms: 2
      Cooling
      • Window Unit(s)
      Appliances
      • Included: Range, Refrigerator, Electric Water Heater
      • Laundry: Washer Dryer Hookup
      Features
      • Basement: Crawl Space
      Interior area
      • Total structure area: 2,680
      • Total interior livable area: 2,680 sqft

      Property

      Parking
      • Total spaces: 2
      • Parking features: Driveway, On Street
      • Garage spaces: 2
      • Has uncovered spaces: Yes
      Features
      • Stories: 2
      Lot
      • Size: 7,200 Square Feet
      • Dimensions: 50' x 144'
      • Features: SqFt 7000 to 9999
      Details
      • Parcel number: 05000849
      • Zoning: R7.2

      Construction

      Type & style
      • Home type: MultiFamily
      • Property subtype: Multi Family
      Materials
      • Vinyl Siding
      • Foundation: Concrete Perimeter
      • Roof: Composition
      Condition
      • Existing
      • Year built: 2002

      Utilities & green energy

      • Sewer: Public Sewer
      • Water: Public

      Community & HOA

      Community
      • Subdivision: Downtown Gladstone
      Location
      • Region: Gladstone

      Financial & listing details

      • Price per square foot: $257/sqft
      • Tax assessed value: $712,718
      • Annual tax amount: $7,955
      • Date on market: 6/7/2026
      • Listing terms: Cash,Conventional
      • Total actual rent: 3800
      • Road surface type: Paved

        Estimated market value

        Not available

        Estimated sales range

        Not available

        Not available

        Price history

        DateEventPrice
        6/8/2026Listed for sale$689,900+969.6%$257/sqft
        Source: RMLS (OR) #312284857 Report a problem
        4/1/2002Sold$64,500$24/sqft
        Source: Public Record Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025$7,955 +2.9%$394,811 +3%
        2024$7,734 +3.3%$383,312 +3%
        2023$7,485 +4.1%$372,148 +3%
        2022$7,193 +3.8%$361,309 +3%
        2021$6,928 +2.4%$350,786 +3%
        2020$6,763 +1.2%$340,569 +3%
        2019$6,685 +3.8%$330,650 +3%
        2018$6,442 $321,019 +3%
        2017$6,442 +6.6%$311,669 +3%
        2016$6,043 $302,591 +3%
        2015$6,043 +3.4%$293,778 +3%
        2014$5,844 +6.6%$285,221 +3%
        2013$5,482 +3%$276,914 +3%
        2012$5,324 +2.4%$268,849 +3%
        2011$5,198 +1.8%$261,018 +3%
        2010$5,108 +3.7%$253,416 +3%
        2009$4,928 +6%$246,035 +3%
        2008$4,651 +3.1%$238,869 +3%
        2007$4,509 +18.2%$231,912 +3%
        2006$3,814 +3%$225,157 +3%
        2005$3,702 +2.9%$218,599 +3%
        2004$3,596 +4.6%$212,232 +3%
        2003$3,438 +370.7%$206,050 +370.7%
        2002$730 -2%$43,776 +3%
        2001$745 +5.2%$42,501 +3%
        2000$708 $41,263
        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.
        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
        Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
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        Climate risks

        Neighborhood: 97027

        Getting around

        51 / 100
        Somewhat Walkable
        77 / 100
        Very Bikeable

        Nearby schools

        GreatSchools rating
        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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