101 Cornell Ave Gladstone, OR 97027
Gladstone AreaEstimated payment $4,004/month
Highlights
- Corner Lot
- Forced Air Heating System
- 3-minute walk to Cross Park
- No HOA
- 2 Car Garage
About This Home
Don't miss the exceptional opportunity in this Gladstone duplex, just blocks from the Clackamas River and downtown Gladstone. This single owner property is ideal for investors offering solid construction, long-term tenants, functional floor plans, and meaningful upside in current rents. Each townhouse-style unit features 2 bedrooms, 1.5 bathrooms, an attached one-car garage, and a private fenced side yard, with separate grassy front yards adding additional outdoor space. The units have been well cared for and provide comfortable, low-maintenance living. Currently occupied by reliable, long-term tenants providing immediate and consistent rental income. Low carrying costs as tenants pay all utilities. Located within close proximity to schools, parks, shopping, dining, and everyday amenities, this duplex offers both tenant appeal and long-term investment potential.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $7,400
Year Built
- Built in 1999
Lot Details
- Corner Lot
- Level Lot
Parking
- 2 Car Garage
- Driveway
Home Design
- Composition Roof
- Vinyl Siding
- Concrete Perimeter Foundation
Interior Spaces
- 2,100 Sq Ft Home
- 2-Story Property
- Crawl Space
Bedrooms and Bathrooms
- 4 Bedrooms
- 4 Bathrooms
Schools
- John Wetten Elementary School
- Kraxberger Middle School
- Gladstone High School
Utilities
- No Cooling
- Forced Air Heating System
- Heating System Uses Gas
- Electric Water Heater
Listing and Financial Details
- Assessor Parcel Number 00543825
Community Details
Overview
- No Home Owners Association
- 2 Units
Building Details
- Operating Expense $7,400
- Gross Income $35,400
- Net Operating Income $28,000
Map
Home Values in the Area
Average Home Value in this Area
Tax History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $7,400 | $367,244 | ||
| 2024 | $7,194 | $356,548 | ||
| 2023 | $7,194 | $346,164 | $0 | $0 |
| 2022 | $6,691 | $336,082 | $0 | $0 |
| 2021 | $6,445 | $326,294 | $0 | $0 |
| 2020 | $6,291 | $316,791 | $0 | $0 |
| 2019 | $6,218 | $307,565 | $0 | $0 |
| 2018 | $5,992 | $298,607 | $0 | $0 |
| 2017 | $5,813 | $289,910 | $0 | $0 |
| 2016 | $5,621 | $281,466 | $0 | $0 |
| 2015 | $5,436 | $273,268 | $0 | $0 |
| 2014 | $5,290 | $265,309 | $0 | $0 |
Property History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 09/02/2026 09/02/26 | For Sale | $600,000 | -- | $286 / Sq Ft |
Purchase History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | -- | Larson Law Firm Pc | |
| Interfamily Deed Transfer | -- | Wfg Title | |
| Interfamily Deed Transfer | -- | Lawyers Title | |
| Interfamily Deed Transfer | -- | Lawyers Title | |
| Interfamily Deed Transfer | -- | -- | |
| Warranty Deed | $240,000 | Fidelity National Title Co | |
| Interfamily Deed Transfer | -- | Pacific Nw Title | |
| Warranty Deed | $107,000 | Pacific Nw Title |
Mortgage History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $336,000 | New Conventional | |
| Previous Owner | $174,800 | Commercial | |
| Previous Owner | $192,000 | Commercial |
Source: Regional Multiple Listing Service (RMLS)
MLS Number: 465801563
APN: 00543825
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The content relating to real estate for sale on this web site comes in part from the IDX program of the RMLS™ of Portland, Oregon. Real estate listings held by brokerage firms other than Ten-X are marked with the RMLS™ logo, and detailed information about these properties includes the names of the listing brokers. Listing content is copyright © 2026 RMLS™, Portland, Oregon. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available. All information provided is deemed reliable but is not guaranteed and should be independently verified.
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