$1,425,000
PENDING

17788 Webster Rd Gladstone, OR 97027

Estimated payment $8,883/month

Total Views 2,450
16 Beds
10 Baths
7,184 Sq Ft
$198 Price per Sq Ft

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

3 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....Multiple Offers Received. Offer deadline 5pm on Thursday, 2/12/28.

Listing Agent

Steve Odermann

LUXE Forbes Global Properties License #201209382 Listed on: 01/22/2026

Co-Listing Agent

Bekah McGuire

LUXE Forbes Global Properties License #201244164

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

  • Assessor Parcel Number 00506303

Community Details

Overview

  • No Home Owners Association
  • 6 Units

Building Details

  • Operating Expense $48,185
  • Gross Income $137,746
  • Net Operating Income $89,561

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$18,507

Year Built

Built in 1971

Lot Details

5,227 Sq Ft Lot

Parking

4

Listing Details

  • Standard Status: Pending
  • MLS Status: Pending
  • Property Type: MultiFamily
  • Stories: 2
  • Year Built: 1971
  • Property Condition: Approximately
  • Property Attached Yn: No
  • Current Price For Status: 1425000.0
  • Open House: No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Daylight
  • Total Bedrooms: 16
  • Lot Size Range: SqFt5000to6999

Exterior Features

  • Exterior Description: Brick,WoodSiding
  • Lot Size: 5,000 to 6,999 SqFt
  • Foundation Details: Slab
  • View: No
  • Lot Features: Level, OnBusline
  • Road Surface Type: Paved
  • Disclosures: Disclosure
  • Roof: Composition

Garage/Parking

  • Parking Description: Garage, Open
  • Attached Garage: No
  • Garage Spaces: 4.0

Utilities

  • Fuel Description: Gas
  • Hot Water: Gas
  • Cooling: WallUnit
  • Cooling Y N: Yes
  • Heating: ForcedAir
  • Heating Yn: Yes
  • Sewer: PublicSewer
  • Water Source: PublicWater

Condo/Co-op/Association

  • Association: No

Schools

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

Lot Info

  • Zoning: R2-5
  • Lot Size Acres: 0.12
  • Lot Size Sq Ft: 5227.0
  • Parcel #: 00506303

Green Features

  • Green Certification: No

Rental Info

  • Rent Includes: Sewer, Water

Tax Info

  • Tax Deferral: No
  • Tax Year: 2025
  • Tax Annual Amount: 18507.23

Multi Family

  • Unit Type: UnitTypeType1, UnitTypeType2, UnitTypeType3, UnitTypeType4, UnitTypeType5, UnitTypeType6
  • Number Of Units Total: 6
  • Gross Rent Multiplier: 10.35
  • Annual Gross Income: 137746.0
  • Property Net Operating Income: 89561.0
  • Annual Operating Expense: 48185.0

Map

Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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

Property History

Date Event Price List to Sale Price per 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)

Purchase History

Date Type Sale Price Title Company
Bargain Sale Deed -- Lawyers Title
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $276,500 New Conventional
Source: Public Records

Source: Regional Multiple Listing Service (RMLS)

MLS Number: 572482153

Regional Multiple Listing Service (RMLS)

APN: 00506303

Your Personal Tour Guide

Ask me questions while you tour the home.