Courtesy: Keller Williams Premier Partners
360-693-3336
A Rare Opportunity. Endless Possibilities. Exceptional Potential!Opportunities like this don't come around often! Ideally situated in a highly desirable location, this property offers more than just a prime address — it offers the potential to bring your vision to life.The zoning opens the door to multiple possibilities, whether you're looking to:Build your dream home in a sought-after neighborhood, Explore the potential for multi-unit residential development,Create a steady income stream through long-term rentals, orDevelop multiple residential units for future resale.Whether you're a homeowner with a vision, a developer looking for your next project, or an investor seeking your next opportunity, this property deserves your attention.
Courtesy: MORE Realty
503-353-6673
Development Opportunity – 1.37 Acres MR-Zoned Land in Gladstone.Two parcels totaling 1.37 acres (59,677 SF) of mostly flat, MR-zoned (Multi-Family Residential) land in Gladstone's Old Town neighborhood, surrounded by established apartment communities and residential single family homes.The offering combines a 1.05-acre vacant parcel with an adjoining 0.32-acre lot improved by a 1,054 SF, 1-bed/1-bath residence built in 1938. Access could be obtained via 1080 Beatrice Ave frontage or via the 900 block of Risley Ave on the south side of the parcel.Gladstone's MR zoning supports multi-family development, with city water and sewer available in Beatrice Ave. The site sits in a high-demand rental submarket, with Clackamas County apartment vacancy among the tightest in the Portland metro area. A rare opportunity to assemble sizable, centrally located multi-family land in a market where comparable MR-zoned sites seldom trade.Highlights: • 1.37 acres (59,677 SF) total, zoned Gladstone-MR • Mostly flat, treed vacant parcel plus an existing residence • Surrounded by existing multi-family communities • City water and sewer in Beatrice Ave • Tight rental submarket, minimal new supply. * Additional land adjacent to these parcels may be available.
Gladstone is located in Oregon. Gladstone, Oregon has a population of 12,017. Gladstone is less family-centric than the surrounding county with 19.98% of the households containing married families with children. The county average for households married with children is 33.61%.
The median household income in Gladstone, Oregon is $83,214. The median household income for the surrounding county is $88,517 compared to the national median of $69,021. The median age of people living in Gladstone is 39.6 years.
The average high temperature in July is 81.4 degrees, with an average low temperature in January of 36.7 degrees. The average rainfall is approximately 43.2 inches per year, with 2.1 inches of snow per year.
