$615,000

430 E HEREFORD St, Gladstone, OR 97027

  • Property Icon Multi-Family Home
  • Property Year Built Icon Built in 1979
  • Property Lot Size Icon9,583sqft lot
  • Property Parking Icon 2 car garage
  • Property Price Per Square Feet Icon $——/sqft
  • Property List Date Icon Listed 22 days ago

Property Description

This income-producing duplex in Gladstone presents a flexible and appealing opportunity for both investors and owner-occupants. Located in one of the Portland metro area’s hidden gems, Gladstone offers a small-town feel with quick access to the city, a well-regarded school district, and close proximity to the Clackamas River, parks, shopping, and public transit. Unit 430 is currently vacant and move-in ready—ideal for a new tenant or an owner looking to live onsite—while Unit 432 will be vacating on 6/30, opening the door to new possibilities for full occupancy or dual rental income. Tucked away on a private, wooded lot with off-street parking, the property offers rare privacy while remaining centrally located. Remodeled throughout in 2018, the duplex blends modern updates with timeless charm, including the replacement of the roof and furnaces during the renovation. Each unit enjoys its own private deck and a spacious, fully fenced backyard, perfect for outdoor enjoyment. Unit 430 is a 2BD/2BA with vaulted ceilings and a versatile flex room that can easily function as a third bedroom, home office, or additional living space. Unit 432 is a 2BD/1BA with an attached one-car garage and the same thoughtful finishes. Both homes feature updated, functional kitchens, generously sized bedrooms, and vaulted ceilings that enhance the sense of space and light. Appliances—including freestanding stoves, dishwashers, refrigerators, washers, and dryers—are included in both units. Whether you're looking to expand your rental portfolio or live in one unit while generating income from the other, this well-maintained duplex is a smart buy in a desirable, high-demand area.

Listing Status:
Active
Date Added:
June 27, 2025 at 05:00AM
Listing Office:
eXp Realty, LLC : 888-814-9613
Listing Agent:
Lauren Sheehan : 503-329-5131
MLS ID:
604192012
  • Basement: Crawl space
  • A/C: Central air
  • Heating: Forced air

This listing courtesy of Lauren Sheehan, eXp Realty, LLC

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

Ready to Start a VA Loan?

Get Started Veterans United Home LoansNMLS #1907  â€ 
Interest rates used in the VA mortgage calculator are shown for illustrative purposes only. Your rate may differ based on a variety of factors, including your credit score and the current market conditions. To get your personalized interest rate, start your quote online.

Location

Schools Nearby

J

John Wetten Elementary School

250 E Exeter St, Gladstone, OR, 97027

Grades 1-5

0.22 miles away

K

Kraxberger Middle School

17777 Webster Rd, Gladstone, OR, 97027

Grades 6-8

0.67 miles away

G

Gladstone High School

18800 Portland Ave, Gladstone, OR, 97027

Grades 9-12

0.34 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.

Similar Listings Nearby