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.
Active
$824,900
17920 Oatfield Rd, Gladstone, OR 97027
4beds
2,648sqft
Multi Family
Built in 1993
-- sqft lot
$805,300 Zestimate®
$312/sqft
$-- HOA
What's special
Inviting functional floor planUpdated paintUpdated landscapingRefreshed countertopsCeiling fansStainless steel appliancesUpdated kitchens
- 1 day
- 34
- 2
Zillow last checked:
Listing updated:
Listed by:
Lizbeth Abbott Lizbeth@treecityhomes.com,
Tree City Real Estate
Source: RMLS (OR),MLS#: 525424409
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 6
- Full bathrooms: 6
Heating
- Forced Air
Cooling
- Other
Appliances
- Included: Dishwasher, Disposal, Washer/Dryer, Gas Water Heater
Features
- Basement: Crawl Space
Interior area
- Total structure area: 2,648
- Total interior livable area: 2,648 sqft
Property
Parking
- Total spaces: 2
- Parking features: Attached, Driveway
- Garage spaces: 2
- Has uncovered spaces: Yes
Features
- Stories: 2
- Has view: Yes
- View description: Trees/Woods
Lot
- Size: 7,840 Square Feet
- Dimensions: 7840
- Features: Level, SqFt 7000 to 9999
Details
- Parcel number: 01456506
- Zoning: R7.2
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Materials
- Cement Siding, Lap Siding
- Foundation: Concrete Perimeter
- Roof: Composition
Condition
- Updated/Remodeled
- Year built: 1993
Utilities & green energy
- Gas: Gas
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Cable Connected
Community & HOA
Community
- Security: Unknown
- Subdivision: Milbradt Heights
Location
- Region: Gladstone
Financial & listing details
- Price per square foot: $312/sqft
- Tax assessed value: $607,978
- Annual tax amount: $7,144
- Date on market: 9/29/2026
- Listing terms: Cash,Conventional,FHA,VA Loan
- Total actual rent: 4884
- Road surface type: Paved
Estimated market value
$805,300
$765,000 - $846,000
$2,240/mo
Price history
| Date | Event | Price |
|---|---|---|
| 9/29/2026 | Listed for sale | $824,900+55.6%$312/sqft |
Source: | ||
| 2/19/2025 | Listing removed | $2,299$1/sqft |
Source: Zillow Rentals Report a problem | ||
| 2/7/2025 | Price change | $2,299-1.1%$1/sqft |
Source: Zillow Rentals Report a problem | ||
| 1/10/2025 | Price change | $2,325-1.1%$1/sqft |
Source: Zillow Rentals Report a problem | ||
| 11/9/2024 | Price change | $2,350-2%$1/sqft |
Source: Zillow Rentals Report a problem | ||
| 10/18/2024 | Listed for rent | $2,3990%$1/sqft |
Source: Zillow Rentals Report a problem | ||
| 9/30/2024 | Listing removed | $2,400$1/sqft |
Source: Zillow Rentals Report a problem | ||
| 8/3/2024 | Price change | $2,400-4%$1/sqft |
Source: Zillow Rentals Report a problem | ||
| 6/25/2024 | Listed for rent | $2,500+61.3%$1/sqft |
Source: Zillow Rentals Report a problem | ||
| 11/20/2020 | Sold | $530,000+1%$200/sqft |
Source: | ||
| 10/27/2020 | Pending sale | $525,000$198/sqft |
Source: Vintage Real Estate #20013128 Report a problem | ||
| 10/13/2020 | Price change | $525,000-4.5%$198/sqft |
Source: Vintage Real Estate #20013128 Report a problem | ||
| 9/22/2020 | Price change | $550,000-6.8%$208/sqft |
Source: Vintage Real Estate #20013128 Report a problem | ||
| 9/6/2020 | Listed for sale | $589,900+126.9%$223/sqft |
Source: Vintage Real Estate #20013128 Report a problem | ||
| 12/11/2018 | Listing removed | $1,550$1/sqft |
Source: www.turbotenant.com Report a problem | ||
| 11/5/2018 | Price change | $1,550-13.9%$1/sqft |
Source: Owner Report a problem | ||
| 11/2/2018 | Listed for rent | $1,800$1/sqft |
Source: Zillow Rental Manager Report a problem | ||
| 8/30/2004 | Sold | $260,000+36.8%$98/sqft |
Source: Public Record Report a problem | ||
| 8/20/2003 | Sold | $190,000$72/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $7,145 +2.9% | $354,595 +3% |
| 2024 | $6,946 +3.3% | $344,267 +3% |
| 2023 | $6,722 +4.1% | $334,240 +3% |
| 2022 | $6,460 +3.8% | $324,505 +3% |
| 2021 | $6,223 +2.4% | $315,054 +3% |
| 2020 | $6,074 +1.2% | $305,878 +3% |
| 2019 | $6,004 +3.8% | $296,969 +3% |
| 2018 | $5,786 | $288,319 +3% |
| 2017 | $5,786 +6.6% | $279,921 +3% |
| 2016 | $5,428 | $271,768 +3% |
| 2015 | $5,428 +3.7% | $263,852 +3.5% |
| 2014 | $5,234 +13.8% | $255,032 +8.7% |
| 2013 | $4,599 +4.9% | $234,672 +5.7% |
| 2012 | $4,383 -0.3% | $222,098 -0.6% |
| 2011 | $4,394 -7.2% | $223,498 -6.5% |
| 2010 | $4,738 -7.7% | $238,983 -6.7% |
| 2009 | $5,131 +6% | $256,167 +3% |
| 2008 | $4,842 +3.1% | $248,706 +3% |
| 2007 | $4,695 +18.2% | $241,462 +3% |
| 2006 | $3,971 +3% | $234,429 +3% |
| 2005 | $3,855 +3.9% | $227,601 +3% |
| 2004 | $3,709 +6.1% | $220,972 +3% |
| 2003 | $3,496 -49.7% | $214,536 +0.3% |
| 2002 | $6,957 +95.1% | $213,853 +2.7% |
| 2001 | $3,566 +1.3% | $208,180 +1.1% |
| 2000 | $3,520 | $205,930 |
Find assessor info on the county website
Monthly payment
Est. payment
Payment breakdown
Explore the cost of this home by adjusting the details. Changes won't be saved.Climate risks
Neighborhood: 97027
Nearby schools
Schools provided by the listing agent
- Elementary: John Wetten
- Middle: Kraxberger
- High: Gladstone
Source: RMLS (OR). This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.









