NOT LISTED FOR SALE

275 E Hereford St Gladstone, OR 97027

Gladstone Area

Estimated Value: $541,555 - $583,000

4 Beds
4 Baths
2,376 Sq Ft
$236/Sq Ft Est. Value

Sale Details

Date Sold: July 31, 2025

Last sale price $550,000 $231 Per Sq Ft

Est. 2% increase in value since last sale

Current estimated payment $3,574 / mo

70 Days on Market

Highlights

  • Private Lot
  • High Speed Internet
  • 4-minute walk to Max Patterson Park
  • 2 Car Garage
  • Heating System Mounted To A Wall or Window

About This Home

As of July 2025

Great duplex in the heart of Gladstone. New roof being put on May 1st. Garage, deck, nice large driveway and cute fenced yard. Large bedrooms 16x13 & 12x13. Open floor plan. A great little rental in wonderful location. One owner that have taken amazing care of it. Long term tenant on one side the other working on moving soon. Rents under market value so lots of upswing on this one.

Last Agent to Sell the Property

Julie Murray

Realty One Group Pacifica License #200209015 Listed on: 04/09/2025

Last Buyer's Agent

OR and WA Non Rmls

Non Rmls Broker License #NA

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,147

Year Built

  • Built in 1995

Lot Details

  • Private Lot

Parking

  • 2 Car Garage
  • Driveway

Home Design

  • Composition Roof
  • Vinyl Siding
  • Concrete Perimeter Foundation

Interior Spaces

  • 2,376 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
  • Heating System Mounted To A Wall or Window
  • Electric Water Heater
  • High Speed Internet

Listing and Financial Details

  • Assessor Parcel Number 01595982

Community Details

Overview

  • 2 Units

Building Details

  • Operating Expense $8,390
  • Gross Income $42,000
  • Net Operating Income $33,610

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,147

Year Built

Built in 1995

Lot Details

0 Sq Ft Lot

Parking

2

Listing Details

  • Standard Status: Closed
  • MLS Status: Sold
  • Property Type: MultiFamily
  • Stories: 2
  • Year Built: 1995
  • Property Attached Yn: No
  • Current Price For Status: 550000.0
  • Open House: No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: CrawlSpace
  • Total Bedrooms: 4
  • Lot Size Range: SqFt5000to6999

Exterior Features

  • Exterior Description: VinylSiding
  • Lot Size: 5,000 to 6,999 SqFt
  • Foundation Details: ConcretePerimeter
  • View: No
  • Lot Features: Private
  • Road Surface Type: Paved
  • Roof: Composition

Garage/Parking

  • Parking Description: Driveway, Garage
  • Attached Garage: No
  • Garage Spaces: 2.0
  • Total Parking Spaces: 2.0

Utilities

  • Fuel Description: Electricity
  • Hot Water: Electricity
  • Internet Service Type: Cable
  • Cooling Y N: No
  • Heating: WallHeater
  • Heating Yn: No
  • Sewer: PublicSewer
  • Water Source: PublicWater

Schools

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

Lot Info

  • Zoning: r5
  • Parcel #: 01595982

Green Features

  • Green Certification: No

Rental Info

  • Rent Includes: None

Tax Info

  • Tax Year: 2024
  • Tax Annual Amount: 6146.59

Multi Family

  • Unit Type: UnitTypeType1, UnitTypeType2
  • Number Of Units Total: 2
  • Gross Rent Multiplier: 14.28
  • Annual Gross Income: 42000.0
  • Property Net Operating Income: 33610.0
  • Annual Operating Expense: 8390.0

Ownership 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 Name Owned For Owner Type

Purchase Details

Listed on
Apr 9, 2025
Closed on
Jul 31, 2025
Sold by
Bought by
Seller's Agent
Julie Murray
Realty One Group Pacifica
Buyer's Agent
OR and WA Non Rmls
Non Rmls Broker
List Price
$599,900
Sold Price
$550,000
Premium/Discount to List
-$49,900
-8.32%
Views
19
Current Estimated Value
$560,889

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$10,889
Avg. Annual Appreciation
2.09%
Original Mortgage
$522,500
Interest Rate
0.0681%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 24, 2024
Sold by
Bought by

Purchase Details

Closed on
Dec 1, 1993
Bought by
Source: Public Records
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

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 Buyer Sale Price Title Company
$550,000 Fidelity National Title
-- None Listed On Document
$20,000 --
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 Borrower Loan Amount
Open $522,500
Source: Public Records

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
07/31/2025 07/31/25 Sold $550,000 0.0% $231 / Sq Ft
04/14/2025 04/14/25 Off Market $550,000 -- --
04/09/2025 04/09/25 For Sale $599,900 -- $252 / Sq Ft
Source: Regional Multiple Listing Service (RMLS)

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 $6,322 $313,764
2024 $6,147 $304,626
2023 $6,147 $295,754
2022 $5,716 $287,140 $0 $0
2021 $5,506 $278,777 $0 $0
2020 $5,375 $270,658 $0 $0
2019 $5,313 $262,775 $0 $0
2018 $5,119 $255,121 $0 $0
2017 $4,966 $247,690 $0 $0
2016 $4,803 $240,476 $0 $0
2015 $4,644 $233,472 $0 $0
2014 $4,519 $226,672 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Julie Murray

    Seller's Agent in 2025

    Julie Murray

    Realty One Group Pacifica

    (503) 970-8837

    111 Total Sales

    Julie Murray
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Map

Source: Regional Multiple Listing Service (RMLS)

MLS Number: 243386405

Regional Multiple Listing Service (RMLS)

APN: 01595982

Oregon Clackamas County Gladstone 97027

275 E Hereford St, Gladstone, OR

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