Impeccably maintained investor’s Dream or Multi-Gen Gem of a duplex in the Heart of Gladstone! Welcome to 455 & 465 1st Street— an incredibly charming and rare duplex opportunity just one block from the Clackamas River, Cross Park, and scenic walking trails. Each unit features 2 bedrooms and 1 bathroom, with thoughtful updates and a quiet, private atmosphere that’s hard to find. Unit 465 includes a two-car garage, while unit 455 offers a one-car garage plus a carport—plus and an extra parking pad perfect for a small boat, RV, or visiting friends. With a total of 1,690 square feet on a beautifully landscaped lot, this well-cared-for property is ideal for long-term investors seeking a solid ROI or for multi-family. Recent upgrades include a brand new roof (July 2024) and window replacements in both units in 2018. Beautifully maintained landscape on both entry sides of the duplex - private, quiet, and clean. Located just a block from public transit and minutes to Happy Valley, Clackamas Town Center, and more—this duplex is where convenience meets comfort and potential.
Sold
Zestimate®
$579,000
455 1st St, Gladstone, OR 97027
4beds
1,690sqft
Multi Family
Built in 1976
-- sqft lot
$579,000 Zestimate®
$343/sqft
$2,172 Estimated rent
Home value
$579,000
$544,000 - $620,000
$2,172/mo
Zestimate® history
Owner options
List your home for rent
$2,172/mo
Rent Zestimate®
Find your next renter with Zillow Rental Manager. Plus, with online applications, you can quickly screen prospective tenants – for free.
$2,172/mo
Rent Zestimate®
Refinance and save
$3,476/mo
Est. payment
Refinancing to a lower rate could help reduce your monthly payments and save thousands over the life of the loan.
$3,476/mo
Est. payment
Explore your selling options
Work with a Zillow partner agent
Leverage their expertise and Zillow's premium Showcase listings to get your home seen by more buyers.
Get startedList with your own agent
Get your home in front of millions of buyers by listing it on Zillow.
Learn how to do itSell it yourself
Take full control of how buyers see your home on Zillow by listing For Sale by Owner (FSBO).
List your homeWhat's special
Beautifully maintained landscapeScenic walking trailsBeautifully landscaped lotThoughtful updates
Zillow last checked:
Listing updated:
Listed by:
Mary Chapman 503-704-6219,
Matin Real Estate
Bought with:
Kristine Orlandi, 201232579
Windermere Realty Trust
Source: RMLS (OR),MLS#: 735655257
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 2
- Full bathrooms: 2
Heating
- Forced Air, Heat Pump
Cooling
- Central Air, Heat Pump
Appliances
- Included: Dishwasher, Microwave, Range, Electric Water Heater, Tank Water Heater
- Laundry: Washer Dryer Hookup
Features
- Basement: Crawl Space
Interior area
- Total structure area: 1,690
- Total interior livable area: 1,690 sqft
Property
Parking
- Total spaces: 3
- Parking features: Attached, Carport
- Has carport: Yes
Features
- Stories: 1
- Has view: Yes
- View description: Territorial
Lot
- Features: Level, SqFt 5000 to 6999
Details
- Parcel number: 00542862
- Zoning: R5
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Materials
- Board & Batten Siding
- Foundation: Concrete Perimeter
- Roof: Composition
Condition
- Approximately
- Year built: 1976
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & neighborhood
Security
- Security features: Security Lights
Location
- Region: Gladstone
HOA & financial
Other financial information
- Total actual rent: 600
Other
Other facts
- Listing terms: Cash,Conventional,FHA
- Road surface type: Concrete, Paved
Price history
| Date | Event | Price |
|---|---|---|
| 8/8/2025 | Sold | $579,000$343/sqft |
Source:  RMLS (OR) #735655257 Report a problem | ||
| 7/7/2025 | Pending sale | $579,000$343/sqft |
Source: RMLS (OR) #735655257 Report a problem | ||
| 6/26/2025 | Listed for sale | $579,000$343/sqft |
Source: RMLS (OR) #735655257 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $5,448 +2.9% | $270,380 +3% |
| 2024 | $5,297 +3.3% | $262,505 +3% |
| 2023 | $5,126 +4.1% | $254,860 +3% |
| 2022 | $4,926 +3.8% | $247,437 +3% |
| 2021 | $4,745 +2.4% | $240,231 +3% |
| 2020 | $4,632 +1.2% | $233,234 +3% |
| 2019 | $4,578 +3.8% | $226,441 +3% |
| 2018 | $4,412 | $219,846 +3% |
| 2017 | $4,412 +6.6% | $213,443 +3% |
| 2016 | $4,139 | $207,226 +3% |
| 2015 | $4,139 +3.4% | $201,190 +3% |
| 2014 | $4,002 +11.3% | $195,330 +6.4% |
| 2013 | $3,596 +3.3% | $183,537 +4% |
| 2012 | $3,483 -0.2% | $176,474 -0.6% |
| 2011 | $3,491 -7.2% | $177,524 -6.4% |
| 2010 | $3,760 +2% | $189,641 +3% |
| 2009 | $3,688 +6% | $184,117 +3% |
| 2008 | $3,480 +3.1% | $178,754 +3% |
| 2007 | $3,374 +18.2% | $173,548 +3% |
| 2006 | $2,854 +3% | $168,493 +3% |
| 2005 | $2,770 +2.9% | $163,585 +3% |
| 2004 | $2,691 +4.7% | $158,820 +3% |
| 2003 | $2,570 +2.9% | $154,194 +3% |
| 2002 | $2,498 +4.3% | $149,703 +3% |
| 2001 | $2,394 +2.7% | $145,343 +3% |
| 2000 | $2,332 | $141,110 |
Find assessor info on the county website
Neighborhood: 97027
Nearby schools
GreatSchools rating
- 6/10John Wetten Elementary SchoolGrades: 1-5Distance: 0.3 mi
- 7/10Walter L Kraxberger Middle SchoolGrades: 6-8Distance: 1.1 mi
- 6/10Gladstone High SchoolGrades: 9-12Distance: 0.7 mi
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.
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
$579,000
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
$579,000
- Oregon
- Clackamas County
- Gladstone
- 97027
- 455 1st St
Nearby cities
Nearby zip codes
Other Gladstone Topics
