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Sold
  • $575,000

    430 E Hereford St, Gladstone, OR 97027

    4beds
    2,600sqft
    Multi Family
    Built in 1979
    -- sqft lot
    $571,100 Zestimate®
    $221/sqft
    $2,413 Estimated rent

    Home value

    $571,100

    $537,000 - $605,000

    $2,413/mo

    Zestimate® history
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    What's special

    Modern updatesThoughtful finishesSpacious fully fenced backyardRare privacyPrivate wooded lotTimeless charmVaulted ceilings
    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.

    Zillow last checked:

    Listing updated:

    Listed by:

    Lauren Sheehan 503-329-5131,

    eXp Realty, LLC

    Bought with:

    Heather Jones, 201212096

    Robbins Realty Group

    Source: RMLS (OR),MLS#: 604192012MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 4
    • Bathrooms: 3
    • Full bathrooms: 3
    Heating
    • Forced Air
    Cooling
    • Central Air
    Appliances
    • Included: Dishwasher, Range, Refrigerator, Washer/Dryer, Electric Water Heater
    Features
    • Basement: Crawl Space
    Interior area
    • Total structure area: 2,600
    • Total interior livable area: 2,600 sqft

    Property

    Parking
    • Total spaces: 2
    • Parking features: Driveway, Off Street
    • Garage spaces: 2
    • Has uncovered spaces: Yes
    Features
    • Stories: 3
    Lot
    • Size: 9,583 Square Feet
    • Features: Secluded, Trees, SqFt 7000 to 9999
    Details
    • Parcel number: 00533505
    • Zoning: R5

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Multi Family
    Materials
    • Vinyl Siding
    • Roof: Composition
    Condition
    • Year built: 1979

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public

    Community & HOA

    Community
    • Subdivision: Gladstone
    Location
    • Region: Gladstone

    Financial & listing details

    • Price per square foot: $221/sqft
    • Tax assessed value: $640,723
    • Annual tax amount: $7,121
    • Date on market: 6/27/2025
    • Cumulative days on market: 48 days
    • Listing terms: Cash,Conventional,FHA,VA Loan
    • Total actual rent: 3840
    • Road surface type: Paved

    Price history

    DateEventPrice
    9/18/2025Sold$575,000-4.2%$221/sqft
    Source: RMLS (OR) #604192012 Report a problem
    8/18/2025Pending sale$599,900$231/sqft
    Source: RMLS (OR) #604192012 Report a problem
    7/23/2025Price change$599,900-2.5%$231/sqft
    Source: RMLS (OR) #604192012 Report a problem
    6/29/2025Listed for sale$615,000+53.8%$237/sqft
    Source: RMLS (OR) #604192012 Report a problem
    4/17/2021Listing removed--
    Source: Zillow Rental Manager Report a problem
    4/5/2021Listed for rent$1,700$1/sqft
    Source: Zillow Rental Manager Report a problem
    11/2/2018Sold$400,000+9%$154/sqft
    Source: Public Record Report a problem
    5/7/2018Sold$367,000+14.7%$141/sqft
    Source: RMLS (OR) #18204307 Report a problem
    1/22/2018Sold$320,000$123/sqft
    Source: Public Record Report a problem
    7/7/2017Sold$320,000-9.6%$123/sqft
    Source: Public Record Report a problem
    5/24/2007Sold$354,000$136/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$7,325 +2.9%$363,549 +3%
    2024$7,122 +3.3%$352,961 +3%
    2023$6,892 +4.1%$342,681 +3%
    2022$6,623 +3.8%$332,700 +3%
    2021$6,380 +2.4%$323,010 +3%
    2020$6,228 +1.2%$313,602 +3%
    2019$6,155 +10.3%$304,468 +9.5%
    2018$5,581 $278,120 +3%
    2017$5,581 +6.6%$270,019 +3%
    2016$5,236 $262,154 +3%
    2015$5,236 +3.4%$254,518 +3%
    2014$5,063 +9.5%$247,105 +4.7%
    2013$4,624 +4.5%$235,980 +5.2%
    2012$4,425 -0.3%$224,220 -0.7%
    2011$4,438 -6.7%$225,730 -5.9%
    2010$4,756 +1.8%$239,908 +2.8%
    2009$4,672 +6%$233,263 +3%
    2008$4,409 +3.1%$226,469 +3%
    2007$4,275 +18.2%$219,873 +3%
    2006$3,616 +3%$213,469 +3%
    2005$3,510 +2.9%$207,251 +3%
    2004$3,410 +4.6%$201,215 +3%
    2003$3,260 +3%$195,354 +3%
    2002$3,165 -2.7%$189,664 +3%
    2001$3,252 +2.6%$184,140 +3%
    2000$3,169 $178,777
    Find assessor info on the county website

    Neighborhood: 97027

    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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    Estimated market value
    $571,100
    Get a cash offer in 3 minutes
    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
    Estimated market value
    $571,100