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  • $579,000

    455 1st St, Gladstone, OR 97027

    4beds
    1,690sqft
    Multi Family
    Built in 1976
    -- sqft lot
    $578,900 Zestimate®
    $343/sqft
    $2,471 Estimated rent

    What's special

    Impeccably maintained investor’s Dream or Multi-Gen Gem of a duplex in the Heart of Gladstone! Welcome to 455 & 465 1st Street— an incredibly charming and rare duplex opportunity just one block from the Clackamas River, Cross Park, and scenic walking trails. Each unit features 2 bedrooms and 1 bathroom, with thoughtful updates and a quiet, private atmosphere that’s hard to find. Unit 465 includes a two-car garage, while unit 455 offers a one-car garage plus a carport—plus and an extra parking pad perfect for a small boat, RV, or visiting friends. With a total of 1,690 square feet on a beautifully landscaped lot, this well-cared-for property is ideal for long-term investors seeking a solid ROI or for multi-family. Recent upgrades include a brand new roof (July 2024) and window replacements in both units in 2018. Beautifully maintained landscape on both entry sides of the duplex - private, quiet, and clean. Located just a block from public transit and minutes to Happy Valley, Clackamas Town Center, and more—this duplex is where convenience meets comfort and potential.

    Zillow last checked: 7 hours ago

    Listing updated: August 08, 2025 at 01:30pm

    Listed by:

    Mary Chapman 503-704-6219,

    Matin Real Estate

    Bought with:

    Kristine Orlandi, 201232579

    Windermere Realty Trust

    Source: RMLS (OR),MLS#: 735655257MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 4
    • Bathrooms: 2
    • Full bathrooms: 2
    Heating
    • Forced Air, Heat Pump
    Cooling
    • Central Air, Heat Pump
    Appliances
    • Included: Dishwasher, Microwave, Range, Electric Water Heater, Tank Water Heater
    • Laundry: Washer Dryer Hookup
    Features
    • Basement: Crawl Space
    Interior area
    • Total structure area: 1,690
    • Total interior livable area: 1,690 sqft

    Property

    Parking
    • Total spaces: 3
    • Parking features: Attached, Carport
    • Has carport: Yes
    Features
    • Stories: 1
    • Has view: Yes
    • View description: Territorial
    Lot
    • Features: Level, SqFt 5000 to 6999
    Details
    • Parcel number: 00542862
    • Zoning: R5

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Multi Family
    Materials
    • Board & Batten Siding
    • Foundation: Concrete Perimeter
    • Roof: Composition
    Condition
    • Approximately
    • Year built: 1976

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public

    Community & neighborhood

    Security
    • Security features: Security Lights
    Location
    • Region: Gladstone

    HOA & financial

    Other financial information
    • Total actual rent: 600

    Other

    Other facts
    • Listing terms: Cash,Conventional,FHA
    • Road surface type: Concrete, Paved
    Services availability
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    Estimated market value

    $578,900