Seller's Agent in 2026
Steve Odermann
LUXE Forbes Global Properties
(971) 275-5657
1 in this area
74 Total Sales
17788 Webster Rd Gladstone, OR 97027
16
Beds
10
Baths
7,184
Sq Ft
5,227
Sq Ft Lot Lot
Highlights
- No HOA
- Property is near bus stop
- 4 Car Garage
- Cooling System Mounted In Outer Wall Opening
- Forced Air Heating System
- Level Lot
About This Home
As of May 20263 Gladstone Duplexes! A rare offering consisting of 3 duplex buildings, totaling 6 units in the heart of Gladstone, Oregon. Situated on a 0.69-acre lot, the property includes 7,184square feet of rentable space across well-designed suburban layouts. The unit mix of two 2-bedroom/1-bath units and four 3-bedroom/2-bath units appeals to tenants seeking larger floor plans in a quiet neighborhood setting.Ideally positioned near downtown Gladstone and the Clackamas River, the property offers convenient access to parks, schools, local amenities, and regional connectivity via I-205. With limited competing inventory and historically low turnover, Gladstone Duplexes benefits from strong tenant retention and steady long-term demand. With its desirable suburban setting, spacious layouts, and clear path for rental upside, Gladstone Duplexes presents a compelling investment opportunity in a tightly held Clackamas County submarket. 3 tax ids: 00506303, 00506287 & 00506296.
Last Agent to Sell the Property
LUXE Forbes Global Properties License #201209382 Listed on: 01/22/2026
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $18,507
Year Built
- Built in 1971
Lot Details
- 5,227 Sq Ft Lot
- Level Lot
Parking
- 4 Car Garage
- Open Parking
Home Design
- Brick Exterior Construction
- Slab Foundation
- Composition Roof
- Wood Siding
Interior Spaces
- 7,184 Sq Ft Home
- 2-Story Property
- Natural lighting in basement
Bedrooms and Bathrooms
- 16 Bedrooms
- 10 Bathrooms
Location
- Property is near bus stop
Schools
- John Wetten Elementary School
- Kraxberger Middle School
- Gladstone High School
Utilities
- Cooling System Mounted In Outer Wall Opening
- Forced Air Heating System
- Heating System Uses Gas
- Gas Water Heater
Listing and Financial Details
- Rent includes sewer, water
- Assessor Parcel Number 00505812
Community Details
Overview
- No Home Owners Association
- 6 Units
Building Details
- Operating Expense $48,185
- Gross Income $137,746
- Net Operating Income $89,561
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jan 22, 2026
Closed on
May 6, 2026
Sold by
James Nimz
Bought by
Ruzzo Realty Llc
Seller's Agent
Steve Odermann
LUXE Forbes Global Properties
Buyer's Agent
Sabrina James
SMI Commercial Real Estate LLC
List Price
$1,425,000
Sold Price
$1,475,000
Premium/Discount to List
$50,000
3.51%
Views
34
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-90.00%
Original Mortgage
$448,000
Outstanding Balance
$448,000
Interest Rate
6.38%
Mortgage Type
Construction
Estimated Equity
$928,544
Purchase Details
Closed on
Nov 14, 2017
Sold by
Canby Maple Terrace Llc
Bought by
Nimz Donald James
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$276,500
Interest Rate
3.85%
Mortgage Type
New Conventional
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Home Values in the Area
Average Home Value in this Area
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 | $500,000 | Amerititle | |
| Warranty Deed | $560,000 | Amerititle | |
| Bargain Sale Deed | -- | Lawyers Title |
Source: Public Records
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 |
|---|---|---|---|
| Open | $448,000 | Construction | |
| Previous Owner | $276,500 | New Conventional |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 05/08/2026 05/08/26 | Sold | $1,475,000 | +3.5% | $205 / Sq Ft |
| 03/24/2026 03/24/26 | Pending | -- | -- | -- |
| 03/05/2026 03/05/26 | For Sale | $1,425,000 | 0.0% | $198 / Sq Ft |
| 02/13/2026 02/13/26 | Pending | -- | -- | -- |
| 01/22/2026 01/22/26 | For Sale | $1,425,000 | -- | $198 / Sq Ft |
Source: Regional Multiple Listing Service (RMLS)
Tax History
| 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 | $6,379 | $316,610 | -- | -- |
| 2024 | $6,202 | $307,389 | -- | -- |
| 2023 | $6,202 | $298,436 | $0 | $0 |
| 2022 | $5,768 | $289,744 | $0 | $0 |
| 2021 | $5,556 | $281,305 | $0 | $0 |
| 2020 | $5,424 | $273,112 | $0 | $0 |
| 2019 | $5,361 | $265,158 | $0 | $0 |
| 2018 | $5,166 | $257,435 | $0 | $0 |
| 2017 | $5,011 | $249,937 | $0 | $0 |
| 2016 | $4,846 | $242,657 | $0 | $0 |
| 2015 | $4,686 | $235,589 | $0 | $0 |
| 2014 | $4,560 | $228,727 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
Steve Odermann
-
Bekah McGuire
B
Seller Co-Listing Agent in 2026
Bekah McGuire
LUXE Forbes Global Properties
(503) 636-5000
1 in this area
15 Total Sales
-
Sabrina James
Buyer's Agent in 2026
Sabrina James
SMI Commercial Real Estate LLC
(971) 218-9349
1 in this area
40 Total Sales
Map
Source: Regional Multiple Listing Service (RMLS)
MLS Number: 572482153
APN: 00506303
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.
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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