$669,000
PENDING $16K PRICE DROP

3023 SE Gladstone St Unit 3025 Portland, OR 97202

Creston-Kenilworth Neighborhood

Estimated payment $4,252/month

Total Views 5,874
4 Beds
2 Baths
1,656 Sq Ft
$404 Price per Sq Ft

Highlights

  • Storage
  • Forced Air Heating and Cooling System
  • Level Lot
  • Cleveland High School Rated A-
  • Green Certified Home
  • 1-Story Property

About This Home

Welcome to this well-maintained and charming duplex in the heart of the sought-after Kenilworth neighborhood! A fantastic opportunity for investors or owner-occupants, this wonderful investment property features two spacious, single-level units—each offering 2 bedrooms and 1 full bathroom. Craftsmanship shines throughout with original hardwood built-ins, wood cabinetry, and hardwood floors (living room currently under carpet). Both units include spacious kitchens equipped with a wall oven, stovetop, and refrigerator. Each bedroom has beautiful hardwood floors and generous closet space. Enjoy year-round comfort with central A/C, double pane windows and the convenience of private utility rooms with in-unit washer and dryer. Outside, each unit has a fenced backyard with a private cement patio—perfect for relaxing or entertaining. A two-car tandem carport provides individual unit dry storage space, with additional driveway parking available. Both units are currently rented with steady, reliable tenants. Recent updates include a new roof and gutters (2024) and PEX plumbing (2023). Located just one block from popular dining, cafes, shops, and public transit, with easy access to downtown Portland and the Woodstock neighborhood (only 8 minutes away). Close to Kenilworth Park, Grout Elementary, Crystal Springs Rhododendron Garden, Trader Joe’s, and Reed College—this duplex offers the very best of Southeast Portland living! [Home Energy Score = 7. HES Report at

Listing Agent

Kevin Mapes

Keller Williams Sunset Corridor Brokerage Phone: 503-341-0267 License #200607154 Listed on: 04/24/2025

Keller Williams Sunset Corridor

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,681

Year Built

  • Built in 1959

Lot Details

  • 5,227 Sq Ft Lot
  • Level Lot

Home Design

  • Brick Exterior Construction
  • Composition Roof
  • Vinyl Siding

Interior Spaces

  • 1,656 Sq Ft Home
  • 1-Story Property
  • Storage
  • Crawl Space

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Bathrooms

Parking

  • 2 Parking Spaces
  • Carport

Eco-Friendly Details

  • Green Certified Home

Schools

  • Grout Elementary School
  • Hosford Middle School
  • Cleveland High School

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Gas
  • Gas Water Heater

Listing and Financial Details

  • Assessor Parcel Number R195617

Community Details

Overview

  • 2 Units
  • Kenilworth Subdivision

Building Details

  • Operating Expense $11,629
  • Gross Income $42,000
  • Net Operating Income $30,371

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,681

Year Built

Built in 1959

Lot Details

0

Listing Details

  • Standard Status: Pending
  • MLS Status: Pending
  • Property Type: MultiFamily
  • Stories: 1
  • Year Built: 1959
  • Property Condition: Existing
  • Property Attached Yn: No
  • Open House: No
  • Special Features: VirtualTour
  • Property Sub Type: MultiFamily

Interior Features

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

Exterior Features

  • Exterior Description: Brick,VinylSiding
  • Lot Size: 5,000 to 6,999 SqFt
  • View: No
  • Lot Features: Level
  • Road Surface Type: Paved
  • Roof: Composition

Garage/Parking

  • Parking Description: Carport
  • Attached Garage: No
  • Total Parking Spaces: 2.0

Utilities

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

Schools

  • Elementary School: Grout
  • High School: Cleveland
  • Middle Or Junior School: Hosford

Lot Info

  • Zoning: R2.5
  • Lot Size Acres: 0.12
  • Lot Size Sq Ft: 5227.0
  • Parcel #: R195617

Green Features

  • Green Certification: Yes

Rental Info

  • Rent Includes: Sewer, TrashCollection, Water

Tax Info

  • Tax Deferral: No
  • Tax Year: 2024
  • Tax Annual Amount: 6680.83

Multi Family

  • Unit Type: UnitTypeType1, UnitTypeType2
  • Number Of Units Total: 2
  • Gross Rent Multiplier: 15.93
  • Annual Gross Income: 42000.0
  • Property Net Operating Income: 30371.0
  • Annual Operating Expense: 11629.0

Map

Range of Values:

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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
2023 $6,681 $242,430 $0 $0
2022 $6,285 $235,370 $0 $0
2021 $6,179 $228,520 $0 $0
2020 $5,668 $221,870 $0 $0
2019 $5,460 $215,410 $0 $0
2018 $5,299 $209,140 $0 $0
2017 $5,079 $203,050 $0 $0
2016 $4,648 $197,140 $0 $0
2015 $4,526 $191,400 $0 $0
2014 $4,458 $185,830 $0 $0
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/24/2025 06/24/25 Pending -- -- --
06/05/2025 06/05/25 Price Changed $669,000 -0.9% $404 / Sq Ft
05/18/2025 05/18/25 Price Changed $674,900 -0.6% $408 / Sq Ft
05/10/2025 05/10/25 Price Changed $679,000 -0.9% $410 / Sq Ft
04/24/2025 04/24/25 For Sale $685,000 -- $414 / Sq Ft
Source: Regional Multiple Listing Service (RMLS)

Purchase History

Date Type Sale Price Title Company
Quit Claim Deed -- None Listed On Document
Quit Claim Deed -- None Listed On Document
Interfamily Deed Transfer -- --
Source: Public Records

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Source: Regional Multiple Listing Service (RMLS)

MLS Number: 111943080

Regional Multiple Listing Service (RMLS)

APN: R195617