461 W Gloucester St

Gladstone, OR 97027
  • $2,299,900

    Price
  • 24

    Bed
  • 12

    Bath
  • 9,360

    SqFt
  • 0.87

    Acre

About the Listing KWPP01 - BODLEDAR,CHRISTKV

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.

Listing Highlights for 461 W Gloucester St

Status Active
Days on Site 9
Property Type Multi-Family
MLS ® 297829268
Year Built 1978
Total Square Footage 9,360
Lot/Acreage 0.87

Interior Details

  • Bedrooms: 24
  • Bathrooms: 12 Full
  • Appliances:
  • Air Cond:
  • Heating: Baseboard,WallHeater
  • Fireplaces:
  • Floor:
  • Basement:
  • Other:
  • Water: Public Water

Exterior Details

  • Lot Description: Level,Public Road
  • Garage Capacity: N/A
  • Parking Spaces: 23
  • Lot Dimensions: Irregular
  • Zoning: MR
  • Roof: Composition
  • Others: Existing
  • Sewer: Public Sewer
  • Parking Features: Off Street,Paved

Financial Details

  • Tax Amount: $18,893
  • Taxes w/Assessments: N/A
  • Tax/Property ID: 00528824
  • Tax Year: N/A

Payment Calculator

Monthly Payment

  • in Principal and Interest
  • in Taxes
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% Down Payment
% Mortgage Rate

Listing Location

Questions About..

461 W Gloucester St Gladstone, OR 97027

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Originating MLS: Regional Multiple Listing Service, Inc.

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