$779,000
SOLD AUG 8, 2025

420 W Gloucester St Gladstone, OR 97027

6 Beds
6 Baths
3,264 Sq Ft
6,098 Sq Ft Lot

Recently Sold

$239 Per Sq Ft

4% Above List Price

4 Days on Market

Highlights

  • Park or Greenbelt View
  • Landscaped
  • Level Lot
  • No HOA
  • 2 Car Garage
  • Heating System Mounted To A Wall or Window

About This Home

As of August 2025

You won't want to miss this opportunity on this Great tri-plex in the heart of Gladstone. First time for sale. Next to Dierickx park with long term tenants, 2 units have garage, lots of parking. Cute little backyards, great floor plans in good condition. Close to public transportation, shopping and restaurants. Owners took amazing care of this property and it shows. See ML# 354757197 for other 3 plex next door that is for sale also. (It is also shown in pictures)

Last Agent to Sell the Property

Julie Murray

Realty One Group Prestige License #200209015 Listed on: 05/31/2025

Realty One Group Prestige

Last Buyer's Agent

Eileen Hutchinson

Premiere Property Group, LLC License #201210155

Premiere Property Group, LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,981

Year Built

  • Built in 1994

Lot Details

  • 6,098 Sq Ft Lot
  • Landscaped
  • Level Lot

Parking

  • 2 Car Garage
  • Driveway

Home Design

  • Composition Roof
  • Vinyl Siding
  • Concrete Perimeter Foundation

Interior Spaces

  • 3,264 Sq Ft Home
  • 2-Story Property
  • Park or Greenbelt Views
  • Crawl Space

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 6 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

Listing and Financial Details

  • Rent includes sewer, water
  • Assessor Parcel Number 00527816

Community Details

Overview

  • No Home Owners Association
  • 3 Units

Building Details

  • Operating Expense $10,470
  • Gross Income $60,900
  • Net Operating Income $50,430

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,981

Year Built

Built in 1994

Lot Details

0

Parking

2

Listing Details

  • Standard Status: Closed
  • MLS Status: Sold
  • Property Type: MultiFamily
  • Stories: 2
  • Year Built: 1994
  • Property Attached Yn: No
  • Open House: No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: CrawlSpace
  • Total Bedrooms: 6
  • Lot Size Range: SqFt5000to6999

Exterior Features

  • Exterior Description: VinylSiding
  • Lot Size: 5,000 to 6,999 SqFt
  • Foundation Details: ConcretePerimeter
  • View: Yes
  • Lot Features: Level
  • Road Surface Type: Concrete
  • Roof: Composition
  • View: ParkGreenbelt

Garage/Parking

  • Parking Description: Driveway, Garage
  • Attached Garage: No
  • Garage Spaces: 2.0
  • Total Parking Spaces: 6.0

Utilities

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

Condo/Co-op/Association

  • Community Features: FrontYardLandscaping
  • Association: No

Schools

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

Lot Info

  • Zoning: MR
  • Lot Size Acres: 0.14
  • Lot Size Sq Ft: 6098.0
  • Parcel #: 00527816

Green Features

  • Green Certification: No

Rental Info

  • Rent Includes: Sewer, Water

Tax Info

  • Tax Deferral: No
  • Tax Year: 2024
  • Tax Annual Amount: 7980.75

Multi Family

  • Unit Type: UnitTypeType1, UnitTypeType2, UnitTypeType3
  • Number Of Units Total: 3
  • Gross Rent Multiplier: 12.32
  • Annual Gross Income: 60900.0
  • Property Net Operating Income: 50430.0
  • Annual Operating Expense: 10470.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 31, 2025
Closed on
Sep 4, 2025
Sold by
Oxner Kahren and Hutchinson Eileen
Bought by
42 W Gloucester Llc
Seller's Agent
Julie Murray
Realty One Group Prestige
Buyer's Agent
Eileen Hutchinson
Premiere Property Group, LLC
List Price
$750,000
Sold Price
$779,000
Premium/Discount to List
$29,000
3.87%
Views
2

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
1.34%
Original Mortgage
$623,200
Outstanding Balance
$622,666
Interest Rate
6.77%
Mortgage Type
New Conventional
Estimated Equity
$157,993

Purchase Details

Listed on
May 31, 2025
Closed on
Jul 31, 2025
Sold by
Gloucester Properties Llc
Bought by
Oxner Kahren and Hutchinson Eileen
Seller's Agent
Julie Murray
Realty One Group Prestige
Buyer's Agent
Eileen Hutchinson
Premiere Property Group, LLC
List Price
$750,000
Sold Price
$779,000
Premium/Discount to List
$29,000
3.87%
Views
2

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$623,200
Outstanding Balance
$622,666
Interest Rate
6.77%
Mortgage Type
New Conventional
Estimated Equity
$157,993

Purchase Details

Closed on
Oct 24, 2024
Sold by
Wood William Curtis and Wood Kathleen
Bought by
Gloucester Properties Llc

Purchase Details

Closed on
Mar 31, 2017
Sold by
Wood William Curtis and Wood Kathleen
Bought by
Wood William Curtis and Wood Kathleen
Source: Public Records

Range of Values:

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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

Purchase History

Date Type Sale Price Title Company
Bargain Sale Deed -- Old Republic National Title
Warranty Deed $779,000 Wfg National Title
Warranty Deed -- None Listed On Document
Interfamily Deed Transfer -- None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $623,200 New Conventional
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/08/2025 08/08/25 Sold $779,000 +3.9% $239 / Sq Ft
06/04/2025 06/04/25 Pending -- -- --
05/31/2025 05/31/25 For Sale $750,000 -- $230 / Sq Ft
Source: Regional Multiple Listing Service (RMLS)

Tax History Compared to Growth

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
2024 $7,981 $395,527 -- --
2023 $7,981 $384,007 $0 $0
2022 $7,422 $372,823 $0 $0
2021 $7,149 $361,965 $0 $0
2020 $6,979 $351,423 $0 $0
2019 $6,898 $341,188 $0 $0
2018 $6,647 $331,250 $0 $0
2017 $6,448 $321,602 $0 $0
2016 $6,236 $312,235 $0 $0
2015 $6,017 $303,141 $0 $0
2014 $5,767 $294,312 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Regional Multiple Listing Service (RMLS)

MLS Number: 234477016

Regional Multiple Listing Service (RMLS)

APN: 00527816