SELLER SAYS SELL! GET US AN OFFER ASAP! ADU-LIVE IN INVESTMENT PROPERTY! Opportunity knocks for the savvy buyer seeking both a comfortable residence and a reliable source of supplemental income. This four-bedroom, two-bathroom home in the heart of Gladstone pairs everyday livability with a permitted accessory dwelling unit, offering flexibility that few properties can match.The main residence has been freshly updated, featuring brand-new flooring on the main level and interior paint that lends a bright feel throughout. A standout sun room, complete with a sliding door, invites natural light indoors and provides a serene spot to enjoy a morning beverage or relax after a long day. The layout flows easily, balancing functional living space with a warm, inviting atmosphere. A separate studio apartment serves as the property's true differentiator. Whether you choose to generate rental income, accommodate additional occupants, or simply enjoy additional private quarters, this thoughtfully permitted unit expands the possibilities considerably—your future tenant may well become your favorite neighbor. Outdoors, a dedicated fire pit sets the stage for relaxed evenings beneath the open sky, while multiple storage sheds ensure ample room for tools, equipment, and seasonal belongings. The location is equally compelling. Situated near Max Patterson Park and a short distance from downtown Gladstone proper, residents enjoy convenient access to parks, schools, dining, and everyday shopping, all within a welcoming community setting.Properties offering this rare blend of comfort, income potential, and prime positioning are seldom available. Schedule your private viewing today.
Pending
Price cut: $25.5K (7/14)
$499,500
340 E Gloucester St, Gladstone, OR 97027
3beds
1,834sqft
Residential, Single Family Residence
Built in 1954
10,018 Square Feet Lot
$-- Zestimate®
$272/sqft
$-- HOA
What's special
Four-bedroom two-bathroom homeWarm inviting atmosphere
- 92 days
- 30
- 3
Likely to sell faster than
Zillow last checked:
Listing updated:
Listed by:
Chanel Lester 503-997-9164,
Premiere Property Group, LLC
Source: RMLS (OR),MLS#: 200084342
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 2
- Full bathrooms: 2
- Main level bathrooms: 1
Rooms
- Room types: Sun Room, Guest Quarters, Bedroom 2, Bedroom 3, Dining Room, Family Room, Kitchen, Living Room, Primary Bedroom
Primary bedroom
- Features: Double Closet, Laminate Flooring
- Level: Main
Bedroom 2
- Features: Double Closet, Laminate Flooring
- Level: Main
Bedroom 3
- Features: Double Closet, Laminate Flooring
- Level: Main
Dining room
- Level: Main
Kitchen
- Level: Main
Living room
- Level: Main
Heating
- Radiant
Appliances
- Included: Free-Standing Range, Free-Standing Refrigerator, Microwave, Washer/Dryer, Gas Water Heater
Features
- Ceiling Fan(s), High Ceilings, Kitchen, Suite, Double Closet
- Flooring: Laminate, Tile, Wall to Wall Carpet
- Doors: Sliding Doors
- Windows: Double Pane Windows
- Basement: Crawl Space
Interior area
- Total structure area: 1,834
- Total interior livable area: 1,834 sqft
Property
Parking
- Total spaces: 2
- Parking features: Driveway, RV Access/Parking, RV Boat Storage, Garage Door Opener, Attached
- Attached garage spaces: 2
- Has uncovered spaces: Yes
Accessibility
- Accessibility features: Garage On Main, Minimal Steps, Accessibility
Features
- Levels: Two
- Stories: 2
- Patio & porch: Deck
- Exterior features: Yard
- Fencing: Fenced
Lot
- Size: 10,018 Square Feet
- Features: Level, SqFt 10000 to 14999
Details
- Additional structures: GuestQuarters, RVBoatStorage, ToolShed, SeparateLivingQuartersApartmentAuxLivingUnit
- Parcel number: 00536968
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Ranch
- Property subtype: Residential, Single Family Residence
Materials
- Wood Siding
- Roof: Composition
Condition
- Approximately
- New construction: No
- Year built: 1954
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & HOA
Community
- Subdivision: Downtown Gladstone
HOA
- Has HOA: No
Location
- Region: Gladstone
Financial & listing details
- Price per square foot: $272/sqft
- Tax assessed value: $627,915
- Annual tax amount: $6,390
- Date on market: 6/23/2026
- Cumulative days on market: 92 days
- Listing terms: Cash,Conventional,FHA,VA Loan
- Road surface type: Paved
Estimated market value
Not available
Estimated sales range
Not available
Not available
Price history
| Date | Event | Price |
|---|---|---|
| 8/10/2026 | Pending sale | $499,500$272/sqft |
Source: | ||
| 7/14/2026 | Price change | $499,500-4.9%$272/sqft |
Source: | ||
| 7/6/2026 | Price change | $525,000-1.3%$286/sqft |
Source: | ||
| 7/1/2026 | Price change | $532,000-1.3%$290/sqft |
Source: | ||
| 6/23/2026 | Listed for sale | $539,000+170.9%$294/sqft |
Source: | ||
| 4/2/2015 | Sold | $199,000$109/sqft |
Source: | ||
| 2/7/2015 | Listed for sale | $199,000+0.1%$109/sqft |
Source: Summa Real Estate Executives #15516990 Report a problem | ||
| 12/16/2014 | Listing removed | $198,900$108/sqft |
Source: RE/MAX Homesource #14506557 Report a problem | ||
| 12/6/2014 | Price change | $198,900-0.5%$108/sqft |
Source: RE/MAX Homesource #14506557 Report a problem | ||
| 11/18/2014 | Price change | $199,900-2%$109/sqft |
Source: RE/MAX Homesource #14506557 Report a problem | ||
| 11/14/2014 | Price change | $203,900-1%$111/sqft |
Source: RE/MAX Homesource #14506557 Report a problem | ||
| 11/8/2014 | Listed for sale | $205,900$112/sqft |
Source: RE/MAX Homesource #14506557 Report a problem | ||
| 11/2/2014 | Pending sale | $205,900$112/sqft |
Source: RE/MAX Homesource #14506557 Report a problem | ||
| 10/9/2014 | Listed for sale | $205,900-0.3%$112/sqft |
Source: RE/MAX Homesource #14506557 Report a problem | ||
| 9/2/2014 | Listing removed | $206,500$113/sqft |
Source: RE/MAX Homesource #14146744 Report a problem | ||
| 7/30/2014 | Price change | $206,500-1.6%$113/sqft |
Source: RE/MAX Homesource #14146744 Report a problem | ||
| 7/19/2014 | Price change | $209,900-2.3%$114/sqft |
Source: RE/MAX Homesource #14146744 Report a problem | ||
| 7/10/2014 | Listed for sale | $214,900+59.2%$117/sqft |
Source: RE/MAX Homesource #14146744 Report a problem | ||
| 1/4/2005 | Sold | $135,000$74/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $6,390 +2.9% | $317,159 +3% |
| 2024 | $6,213 +3.3% | $307,922 +3% |
| 2023 | $6,013 +15.3% | $298,954 +14.1% |
| 2022 | $5,214 +14.1% | $261,899 +13.2% |
| 2021 | $4,569 +6% | $231,319 +6.5% |
| 2020 | $4,312 +33.6% | $217,130 +36.1% |
| 2019 | $3,226 +3.8% | $159,587 +3% |
| 2018 | $3,109 | $154,939 +3% |
| 2017 | $3,109 +6.6% | $150,426 +3% |
| 2016 | $2,917 | $146,045 +3% |
| 2015 | $2,917 +3.4% | $141,791 +3% |
| 2014 | $2,821 +23.1% | $137,661 +19.8% |
| 2013 | $2,292 +13.7% | $114,928 +14.4% |
| 2012 | $2,015 +3.4% | $100,419 +3% |
| 2011 | $1,950 +2.2% | $97,494 +3% |
| 2010 | $1,908 +3.7% | $94,654 +3% |
| 2009 | $1,841 +6% | $91,897 +3% |
| 2008 | $1,737 +3.1% | $89,220 +3% |
| 2007 | $1,684 +18.2% | $86,621 +3% |
| 2006 | $1,425 +3% | $84,098 +3% |
| 2005 | $1,383 +2.9% | $81,649 +3% |
| 2004 | $1,343 +4.6% | $79,271 +3% |
| 2003 | $1,284 +3% | $76,962 +3% |
| 2002 | $1,247 -4.1% | $74,720 +3% |
| 2001 | $1,300 +3.2% | $72,544 +3% |
| 2000 | $1,260 | $70,431 |
Find assessor info on the county website
Monthly payment
Est. payment
Payment breakdown
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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.







