Active

$459,000

825 Yale Ave, Gladstone, OR 97027

3beds

1,598sqft

$3,434/mo

Get pre-qualified

Multi Family

Built in 1920

-- sqft lot

$-- Zestimate^®

$287/sqft

$-- HOA

What's special

Flexible layout

Hard-to-find Gladstone duplex well under $500,000! Charming Gladstone Bungalow with a flexible layout and two separate living areas. The home features 2 bedrooms plus a bonus room currently used as a primary bedroom, 1 bathroom, and a unique setup that works well for extended living, guests, a home office, or potential rental income. The current owner has successfully used the property as an income-producing investment. Whether you're looking for a home with added living space or an investment opportunity, this property offers plenty of options in a convenient Gladstone location. The larger unit is currently vacant and available to show anytime. The occupied unit will be available to show once an offer has been received.

18 days
546
36

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 3
Bathrooms: 2
Full bathrooms: 2

Heating

Forced Air

Appliances

Included: Gas Water Heater

Features

Basement: Crawl Space

Interior area

Total structure area: 1,598
Total interior livable area: 1,598 sqft

Property

Parking

Total spaces: 2
Parking features: Off Street, On Street
Has uncovered spaces: Yes

Features

Stories: 1

Lot

Features: Corner Lot, Level, On Busline, SqFt 3000 to 4999

Details

Parcel number: 00531437
Zoning: R5

Construction

Type & style

Home type: MultiFamily
Property subtype: Multi Family

Materials

Lap Siding
Foundation: Concrete Perimeter
Roof: Composition

Condition

Existing
Year built: 1920

Utilities & green energy

Gas: Gas
Sewer: Public Sewer
Water: Public
Utilities for property: Cable Connected

Community & HOA

Location

Region: Gladstone

Financial & listing details

Price per square foot: $287/sqft
Tax assessed value: $406,226
Annual tax amount: $3,634
Date on market: 9/15/2026
Listing terms: Cash,Conventional,FHA,VA Loan
Total actual rent: 2670
Road surface type: Paved

Estimated market value

Not available

Estimated sales range

Not available

Price history

Date	Event	Price
9/15/2026	Listed for sale	$459,000+45.7%$287/sqft
Source: RMLS (OR) #442961290 Report a problem
5/19/2016	Listing removed	$315,000$197/sqft
Source: Westlake Properties #16104420 Report a problem
4/27/2016	Listed for sale	$315,000+110%$197/sqft
Source: Westlake Properties #16104420 Report a problem
1/4/2012	Listing removed	$995$1/sqft
Source: V.I.P. Property Management, Inc Report a problem
12/9/2011	Price change	$995-5.2%$1/sqft
Source: V.I.P. Property Management, Inc Report a problem
11/7/2011	Price change	$1,050-4.1%$1/sqft
Source: V.I.P. Property Management, Inc Report a problem
9/27/2011	Listed for rent	$1,095$1/sqft
Source: V.I.P. Property Management, Inc Report a problem
9/22/2003	Sold	$150,000$94/sqft
Source: Public Record Report a problem

Public tax history

Year	Property taxes	Tax assessment
2025	$3,634 +2.9%	$180,356 +3%
2024	$3,533 +3.3%	$175,103 +3%
2023	$3,419 +4.1%	$170,003 +3%
2022	$3,286 +3.8%	$165,052 +3%
2021	$3,165 +2.4%	$160,245 +3%
2020	$3,090 +1.2%	$155,578 +3%
2019	$3,054 +3.8%	$151,047 +3%
2018	$2,943	$146,648 +3%
2017	$2,943 +6.6%	$142,377 +3%
2016	$2,761	$138,230 +3%
2015	$2,761 +3.4%	$134,204 +3%
2014	$2,670 +5.8%	$130,295 +3%
2013	$2,523 +2.4%	$126,500 +3%
2012	$2,465 +3.4%	$122,816 +3%
2011	$2,385 +2.2%	$119,239 +3%
2010	$2,333 +3.7%	$115,766 +3%
2009	$2,251 +6%	$112,394 +3%
2008	$2,125 +3.1%	$109,120 +3%
2007	$2,060 +18.2%	$105,942 +3%
2006	$1,742 +3%	$102,856 +3%
2005	$1,691 +2.9%	$99,860 +3%
2004	$1,643 +4.6%	$96,951 +3%
2003	$1,571 +3%	$94,127 +3%
2002	$1,525 -4.1%	$91,385 +3%
2001	$1,590 +0.1%	$88,723 +3%
2000	$1,589	$86,139