18309 PORTLAND AVE, Gladstone, OR 97027 | MLS #312284857 | Berkshire Hathaway HomeServices Northwest Real Estate  
 
Listing provided courtesy of Heins Real Estate LLC- MLS# 312284857MLS Provider

18309 PORTLAND AVEGladstone, OR 97027

Multi-Family · 2,680 Sq. ft.
$689,900 Active

18309 PORTLAND AVE Overview

Time on Site:
22 days
Visits:
0

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

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18309 PORTLAND AVE Facts & Features

  • Type Multi-Family
  • Sq. ft. 2,680
  • Price/Sq.ft. $257

Details

General

School Information

  • Elementary School: John Wetten
  • Middle Or Junior School: Kraxberger
  • High School: Gladstone

Income/Expenses

  • Gross Income: 44400.0
  • Net Operating Income: 35245.0
  • Operating Expense: 9155.0

Building Information

  • Year Built: 2002

Location/Region

  • Country: US
  • County Or Parish: Clackamas
  • MLS Area Major: 145 - Milwaukie, Gladstone, Happy Valley, Clckmas, Dmscus, Estacada
  • Subdivision Name: DOWNTOWN GLADSTONE

Rent/Lease Information

  • Rent Includes: None

Tax Information

  • Tax Annual Amount: 7955.09
  • Tax Year: 2025

General Information

  • Disclosures: Disclosure
  • Listing Terms: Cash,Conventional
  • Parcel Number: 05000849
  • Property Condition: Existing
  • Property Type: Multi Family
  • Zoning: R7.2

Interior

Parking Information

  • Garage Spaces: 2.0

Building Interior

  • Building Area Total: 2680.0

General Information

  • Basement: Crawl Space
  • Cooling: Window Unit(s)
  • Foundation Details: Concrete Perimeter
  • Heating: Wall Heater
  • Stories: 2

Exterior

Parking Information

  • Parking Features: Driveway,On Street
  • Parking Total: 2.0

Lot Information

  • Lot Size Dimensions: 50'x144'
  • Road Surface Type: Paved
  • Water Source: Public Water

Building Exterior/Construction

  • Roof: Composition

General Information

  • Number Of Units Total: 2
  • Sewer: Public Sewer

18309 PORTLAND AVE Neighborhood

Community

97027 (Gladstone) Demographics

40
Median Age
4,986
Population Density (per sq. mile)
37%
College Educated
$70,677
Estimated Median Income
3,047
Estimated Total Home Owners
1,881
Estimated Total Renters
62% / 38%
Estimated Owner / Renter Divide
3
Estimated Average Household Size
Community data courtesy of LiveBy, Inc.

Schools

School data courtesy of LiveBy, Inc. School ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating.

18309 PORTLAND AVE Monthly Cost

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* All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

18309 PORTLAND AVE Market Data

Based on the last 30 days in this zip code

$548,541
Average List Price
$286
Average Price per Square Foot
14
Properties Sold
80
Average Days on Market
28
Properties for Sale
Calculations provided by Reliance Network

18309 PORTLAND AVE History

Date Event Value Agent
6/7/2026Source: Regional MLS Added to Database
June 07, 2026