NOT LISTED FOR SALE

105 W Hereford St Gladstone, OR 97027

-- Bed
-- Bath
14,000 Sq Ft
1964 Built

Last Sold December 16, 2022

Last sale price $1,380,000 $99 Per Sq Ft

3 Days on Market

Highlights

  • Corner Lot
  • Window Unit Cooling System
  • No Heating

About This Home

As of December 2022

OFFERS DUE SUNDAY AT 10AM. Amazing opportunity to own 10 units in the path of progress as the metro area grows and continues to have a shortage of rental units. Ideal location outside of Multnomah County but w/ easy commute for residents to PDX, 205, & Oregon City. Old Town Gladstone out the front door for coffee, shopping, and fun. Instant equity opportunities with cosmetic updates, upgrades to units, and rent stabilization. Please show respect to the current residents and do not disturb.

Last Agent to Sell the Property

Mathew Wray

Keller Williams Realty Portland Premiere License #201206758 Listed on: 10/06/2022

Keller Williams Realty Portland Premiere

Co-Listed By

Kama Dersham

Keller Williams PDX Central License #900600317

Last Buyer's Agent

Mark Foster

City and State Real Estate License #201244463

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $13,336

Year Built

  • Built in 1964

Lot Details

  • Corner Lot
  • Level Lot

Parking

  • 11 Car Garage
  • Assigned Parking

Home Design

  • Composition Roof
  • Plywood Siding Panel T1-11

Interior Spaces

  • 14,000 Sq Ft Home
  • 2-Story Property

Partially Finished Basement

  • Exterior Basement Entry
  • Basement Storage

Schools

  • John Wetten Elementary School
  • Kraxberger Middle School
  • Gladstone High School

Utilities

  • Window Unit Cooling System
  • No Heating
  • Electric Water Heater

Listing and Financial Details

  • Rent includes ground maintenance, sewer, water
  • Assessor Parcel Number 00535790

Community Details

Overview

  • 10 Units
  • Gladstone Old Town Subdivision

Building Details

  • Operating Expense $29,000
  • Gross Income $82,000
  • Net Operating Income $53,000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$13,336

Year Built

Built in 1964

Lot Details

0

Parking

11

Listing Details

  • Standard Status: Closed
  • MLS Status: Sold
  • Property Type: MultiFamily
  • Stories: 2
  • Year Built: 1964
  • Property Condition: Existing
  • Unreinforced Masonry Building: No
  • Property Attached Yn: No
  • Open House: No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: ExteriorEntry, PartiallyFinished, StorageSpace
  • Storage: Basement,IndividualStorageUnits
  • Lot Size Range: SqFt15000to19999

Exterior Features

  • Exterior Description: T111Siding
  • Lot Size: 15,000 to 19,999 SqFt
  • View: No
  • Lot Features: CornerLot, Level
  • Road Surface Type: Paved
  • Disclosures: Disclosure
  • Roof: Composition

Garage/Parking

  • Parking Description: Assigned
  • Attached Garage: No
  • Garage Spaces: 11.0
  • Total Parking Spaces: 11.0

Utilities

  • Fuel Description: Electricity
  • Hot Water: Electricity
  • Cooling: WindowUnit
  • Cooling Y N: Yes
  • Heating: Other
  • Heating Yn: No
  • Sewer: PublicSewer
  • Water Source: PublicWater

Schools

  • Elementary School: John Wetten
  • High School: Gladstone
  • Middle Or Junior School: Kraxberger

Lot Info

  • Zoning: C2
  • Parcel #: 00535790

Green Features

  • Green Certification: No

Rental Info

  • Rent Includes: MaintenanceGrounds, Sewer, Water

Tax Info

  • Tax Deferral: No
  • Tax Year: 2021
  • Tax Annual Amount: 13336.41

Multi Family

  • Unit Type: UnitTypeType1, UnitTypeType2
  • Number Of Units Total: 10
  • Gross Rent Multiplier: 15.24
  • Annual Gross Income: 82000.0
  • Property Net Operating Income: 53000.0
  • Annual Operating Expense: 29000.0

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/16/2022 12/16/22 Sold $1,380,000 +10.4% $99 / Sq Ft
10/10/2022 10/10/22 Pending -- -- --
10/06/2022 10/06/22 For Sale $1,250,000 -- $89 / Sq Ft
Source: Regional Multiple Listing Service (RMLS)

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Mathew Wray

    Seller's Agent in 2022

    Mathew Wray

    Keller Williams Realty Portland Premiere

    (503) 989-4204

    2 in this area

    208 Total Sales

    Mathew Wray
    Section Image
  • Kama Dersham

    Seller Co-Listing Agent in 2022

    Kama Dersham

    Keller Williams PDX Central

    (503) 336-6868

    1 in this area

    96 Total Sales

    Kama Dersham
    Section Image

  • M

    Buyer's Agent in 2022

    Mark Foster

    City and State Real Estate

See All Agents

Map

Source: Regional Multiple Listing Service (RMLS)

MLS Number: 22258324

Regional Multiple Listing Service (RMLS)

APN: 22E20BC03600

Oregon Clackamas County Gladstone 97027

105 W Hereford St, Gladstone, OR

This home is located at 105 W Hereford St, Gladstone, OR 97027 since 06 October 2022. This property was built in 1964. 105 W Hereford St is a home located in Clackamas County with nearby schools including John Wetten Elementary School, Walter L Kraxberger Middle School, and Gladstone High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Regional Multiple Listing Service (RMLS) 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 © 2025 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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