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3023 SE GLADSTONE ST

Portland, OR 97202
Square Ft.
1,656
Active
Multifamily
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$685,000
Welcome to this well-maintained and charming duplex in the heart of the sought-after Kenilworth neighborhood! A fantastic opportunity for investors or owner-occupants, this wonderful investment property features two spacious, single-level units—each offering 2 bedrooms and 1 full bathroom. Craftsmanship shines throughout with original hardwood built-ins, wood cabinetry, and hardwood… Read MoreRead Less
Listing courtesy of Keller Williams Sunset Corridor.
Listing Snapshot
Days Online
1
Last Updated
Square Ft.
1,656
Lot Size
0.12 Acres
Year Built
1959
MLS Number
111943080
30 Days Snapshot Of 97202
$688k
-1%
(avg) sold price
35
+20%
homes sold
29
-32%
(avg) days on market
Snapshot
Area Map
Additional Details
Property Access
Road Surface Type: Paved
Basement
Basement: CrawlSpace
Building
Building Area Total: 1656, Built in 1959, Storage: IndividualStorageUnits, Stories: 1, Unit Type Type: UnitTypeType1, UnitTypeType2
Cooling
Cooling: CentralAir
Expenses
Operating Expense: $11,629
Exterior Features
Exterior Description: Brick, VinylSiding
Heating
Heating: ForcedAir
Income
CAP Rate: 4.43, Gross Income: $42,000, Gross Rent Multiplier: 16.31, Net Operating Income: $30,371
Lot
Features: Level, Size Acres: 0.12, Size Range: SqFt5000to6999, Size Square Feet: 5,227, Size: 5,000 to 6,999 SqFt
Parking
Features: Carport, 2 total parking spots
Property
Number Of Units Total: 2, Property Condition: Existing, Zoning: R2.5
Roof
Roof: Composition
Sewer
Sewer: PublicSewer
Taxes
Annual Amount: $6,681, Legal Description, Tax Year: 2024
Unit One
Actual Rent: $1,700, Area: 828, Features: Fireplace, Range, Refrigerator, WasherDryer, Units Total: 1, 1 total bathroom, 2 total bedroom
Unit Two
Actual Rent: $1,800, Area: 828, Features: Fireplace, Range, Refrigerator, WasherDryer, Units Total: 1, 1 total bathroom, 2 total bedroom
Utilities
Fuel Description: Gas, Hot Water Description: Gas, Water Source: PublicWater
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Monthly Payment
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Erika George and Kari McGee
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Schools In The Area

Check out nearby schools with ratings and contact info.
Grout Elementary School 503-916-6209 Public EE-5
Hosford Middle School 503-916-5640 Public 6-8
Cleveland High School 503-916-5120 Public 9-12
Grout Elementary School 503-916-6209 Public EE-5
Hosford Middle School 503-916-5640 Public 6-8
Cleveland High School 503-916-5120 Public 9-12

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This content last updated on . Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.
This content last updated on . Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.