Fully leased and stabilized multifamily investment opportunity in Gladstone offering established tenancy and immediate in place income from day one. The offering includes twelve two bedroom, one bathroom residences across three buildings, with each unit offering 780 square feet and a mix of single level and two level layouts. The consistent and marketable unit mix is complemented by abundant off street parking, in unit laundry, fireplaces, private outdoor space for each residence, dishwashers and durable, easy to maintain finishes that support a straightforward long term management profile. Mature landscaping and generous surface parking add everyday convenience, while the combination of private outdoor space, laundry within each residence and comfortable unit layouts provides tenant friendly features that can help support continued retention and rental demand. The location adds further appeal, with Gladstone Crossing nearby, convenient access to Safeway and everyday shopping along McLoughlin Boulevard, and local dining and services along Portland Avenue and Arlington Street. Outdoor recreation is close at Cross Park, Dahl Beach City Park and Clackamette Park, with the Clackamas River approximately one mile from the property and nearby access to riverfront trails, boat launches, fishing and waterfront recreation. Oregon City, I-205 and McLoughlin Boulevard provide convenient connections to employment centers and destinations throughout the Portland metro area. A turnkey multifamily investment combining stabilized occupancy, established income, practical unit amenities, abundant parking and a well connected Gladstone location.
Excellent investment opportunity in Gladstone! This well-maintained and extensively updated duplex offers two spacious 2-bedroom, 2.5-bath units, approximately 1,324 SF each, for a combined 2,648 SF of living space. Each unit features an inviting, functional floor plan with generous living areas, updated kitchens, stainless steel appliances, refreshed countertops, newer flooring and carpet, updated paint, lighting, ceiling fans, and bathroom fixtures. Updated flooring, appliances, and well-kept interiors throughout.Major improvements add to the long-term value, including a newer roof, updated landscaping, removal of two large backyard trees, and a privacy fence separating the rear yards, giving each tenant their own outdoor space. Each unit also offers an attached garage and in-unit laundry.Both units are currently tenant-occupied, providing immediate rental income for the next owner. A great opportunity to add a stabilized, updated duplex to an investment portfolio in a convenient Gladstone location near shopping, services, transportation, and everyday amenities.
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.
Opportunity knocks with this Gladstone duplex, just blocks from the Clackamas River and downtown Gladstone. This single owner property is ideal for owner-occupy or a savvy investor offering solid construction, functional floor plans, and meaningful upside in current rents. Each townhouse-style unit features 2 bedrooms, 1.5 bathrooms, an attached one-car garage, and a private fenced side yard, with separate grassy front yards adding additional outdoor space. The units have been well cared for and provide comfortable, low-maintenance living. Currently occupied by reliable, month-to-month tenants providing immediate and consistent rental income. Low carrying costs as tenants pay all utilities. Located within close proximity to schools, parks, shopping, dining, and everyday amenities, this duplex offers both tenant appeal and long-term investment potential.
This well-located duplex on Portland Avenue sits in the heart of Gladstone, just two lots down from City Hall and the Police Station, offering unbeatable proximity to Main Street and quick access to 99E / McLoughlin Boulevard for easy commuting. Each unit features a functional layout with three bedrooms, a full bath upstairs, plus a half bath and individual laundry hookups on the main level. The simple, efficient floor plan connects the kitchen and family room into one open living space. Just one block from Gladstone High School, you can hear the soft, distant roar of the crowd during sports events from the nearby athletic fields — a familiar local backdrop that adds to the neighborhood feel. A short walk down Portland Avenue brings you to Gladstone’s charming main street with its new library, coffee shops, restaurants, food carts, local watering holes, and true hometown character. With long-term tenants and steady cash flow, this is a dependable investment property in a consistently desirable location, and duplexes like this only come to market a few times a year as many investors hold them long-term — your opportunity awaits; inquire for details
Fantastic income opportunity! This well-maintained duplex offers incredible flexibility to rent out both units for strong cash flow, or live in one and rent out the other to offset your mortgage. Each spacious unit features 3 bedrooms, 2 baths, and an attached 1-car garage, plus 1,120 sq ft of comfortable living space. Enjoy a large living room with a cozy wood stove, a kitchen with dishwasher, range, and refrigerator, and an adjacent dining area with pantry/closet storage and sliding doors to the private patio for indoor/outdoor living. The generous primary bedroom includes its own private bath, while two additional bedrooms, a full guest bath, and in-unit laundry space make each home exceptionally convenient. Located in a desirable area with great walk and bike scores, this property sits just minutes from popular dining spots, shopping, schools, and parks with walking and biking paths. Commuters will love the quick access to 99E.Whether you're an investor or looking for your own home with built-in income, this duplex is a must-see!

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.