Seller's Agent in 2025
Lauren Sheehan
eXp Realty, LLC
(503) 329-5131
1 in this area
178 Total Sales
430 E Hereford St Gladstone, OR 97027
4
Beds
3
Baths
1,992
Sq Ft
9,583
Sq Ft Lot
Highlights
- Secluded Lot
- Landscaped with Trees
- Forced Air Heating and Cooling System
About This Home
As of September 2025This income-producing duplex in Gladstone presents a flexible and appealing opportunity for both investors and owner-occupants. Located in one of the Portland metro area’s hidden gems, Gladstone offers a small-town feel with quick access to the city, a well-regarded school district, and close proximity to the Clackamas River, parks, shopping, and public transit. Unit 430 is currently vacant and move-in ready—ideal for a new tenant or an owner looking to live onsite—while Unit 432 will be vacating on 6/30, opening the door to new possibilities for full occupancy or dual rental income. Tucked away on a private, wooded lot with off-street parking, the property offers rare privacy while remaining centrally located. Remodeled throughout in 2018, the duplex blends modern updates with timeless charm, including the replacement of the roof and furnaces during the renovation. Each unit enjoys its own private deck and a spacious, fully fenced backyard, perfect for outdoor enjoyment. Unit 430 is a 2BD/2BA with vaulted ceilings and a versatile flex room that can easily function as a third bedroom, home office, or additional living space. Unit 432 is a 2BD/1BA with an attached one-car garage and the same thoughtful finishes. Both homes feature updated, functional kitchens, generously sized bedrooms, and vaulted ceilings that enhance the sense of space and light. Appliances—including freestanding stoves, dishwashers, refrigerators, washers, and dryers—are included in both units. Whether you're looking to expand your rental portfolio or live in one unit while generating income from the other, this well-maintained duplex is a smart buy in a desirable, high-demand area.
Last Agent to Sell the Property
eXp Realty, LLC Brokerage Phone: 503-329-5131 License #200708032 Listed on: 06/27/2025
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $7,122
Year Built
- Built in 1979
Lot Details
- 9,583 Sq Ft Lot
- Secluded Lot
- Landscaped with Trees
Parking
- 2 Car Garage
- Driveway
- Off-Street Parking
Home Design
- Composition Roof
- Vinyl Siding
Interior Spaces
- 3-Story Property
- Crawl Space
Bedrooms and Bathrooms
- 4 Bedrooms
- 3 Bathrooms
Schools
- John Wetten Elementary School
- Kraxberger Middle School
- Gladstone High School
Utilities
- Forced Air Heating and Cooling System
- Electric Water Heater
Listing and Financial Details
- Rent includes ground maintenance, trashcollection
- Assessor Parcel Number 00533505
Community Details
Overview
- 2 Units
- Gladstone Subdivision
Building Details
- Operating Expense $8,755
- Gross Income $42,576
- Net Operating Income $33,821
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jun 27, 2025
Closed on
Sep 17, 2025
Sold by
Helm Alex
Bought by
Barto Marisa
Seller's Agent
Lauren Sheehan
eXp Realty, LLC
Buyer's Agent
Heather Allred Jones
Robbins Realty Group
List Price
$615,000
Sold Price
$575,000
Premium/Discount to List
-$40,000
-6.5%
Views
74
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$5,303
Avg. Annual Appreciation
3.11%
Original Mortgage
$534,750
Outstanding Balance
$534,750
Interest Rate
6.63%
Mortgage Type
New Conventional
Estimated Equity
$45,553
Purchase Details
Closed on
Oct 31, 2018
Sold by
Helm Dave
Bought by
Helm Alex
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$400,000
Interest Rate
4.6%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Listed on
Apr 5, 2018
Closed on
May 4, 2018
Sold by
Federal Home Loan Mortgage Corporation
Bought by
Helm Dave
Seller's Agent
Marlene Mills
Premiere Property Group, LLC
Buyer's Agent
Chris Olson
All County Real Estate
List Price
$379,900
Sold Price
$367,000
Premium/Discount to List
-$12,900
-3.4%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.16%
Purchase Details
Closed on
Jan 10, 2018
Sold by
Berg Neal D and Collins Diane D
Bought by
Federal Home Loan Mortgage Corporation
Purchase Details
Closed on
Oct 23, 2017
Sold by
Jpmorgan Chase Bank National Association
Bought by
Federal Home Loan Mortgage Corporation
Purchase Details
Closed on
Jun 27, 2017
Sold by
Berg Neal D and Collins Diane D
Bought by
Jpmorgan Chase National Association
Purchase Details
Closed on
May 22, 2007
Sold by
Mcgivern Daniel T and Mcgivern Teresa E
Bought by
Berg Neal D and Collins Diane D
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$336,300
Interest Rate
7.62%
Mortgage Type
Commercial
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
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $575,000 | Wfg National Title | |
| Warranty Deed | $400,000 | First American Title | |
| Special Warranty Deed | $367,000 | Servicelink | |
| Sheriffs Deed | $320,000 | None Available | |
| Sheriffs Deed | -- | None Available | |
| Sheriffs Deed | $320,000 | None Available | |
| Warranty Deed | $354,000 | Transnation Title Agency Or |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $534,750 | New Conventional | |
| Previous Owner | $400,000 | Purchase Money Mortgage | |
| Previous Owner | $336,300 | Commercial |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 09/18/2025 09/18/25 | Sold | $575,000 | -4.2% | $289 / Sq Ft | |
| 08/14/2025 08/14/25 | Pending | -- | -- | -- | |
| 07/23/2025 07/23/25 | Price Changed | $599,900 | -2.5% | $301 / Sq Ft | |
| 06/27/2025 06/27/25 | For Sale | $615,000 | +67.6% | $309 / Sq Ft | |
| 05/07/2018 05/07/18 | Sold | $367,000 | -3.4% | $184 / Sq Ft | View Prior Sale |
| 04/26/2018 04/26/18 | Pending | -- | -- | -- | |
| 04/05/2018 04/05/18 | For Sale | $379,900 | -- | $191 / Sq Ft |
Source: Regional Multiple Listing Service (RMLS)
Tax History Compared to Growth
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 | $7,325 | $363,549 | -- | -- |
| 2024 | $7,122 | $352,961 | -- | -- |
| 2023 | $7,122 | $342,681 | $0 | $0 |
| 2022 | $6,623 | $332,700 | $0 | $0 |
| 2021 | $6,380 | $323,010 | $0 | $0 |
| 2020 | $6,228 | $313,602 | $0 | $0 |
| 2019 | $6,155 | $304,468 | $0 | $0 |
| 2018 | $5,581 | $278,120 | $0 | $0 |
| 2017 | $5,414 | $270,019 | $0 | $0 |
| 2016 | $5,236 | $262,154 | $0 | $0 |
| 2015 | $5,063 | $254,518 | $0 | $0 |
| 2014 | $4,886 | $247,105 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
Lauren Sheehan
-
Heather Allred Jones
Buyer's Agent in 2025
Heather Allred Jones
Robbins Realty Group
(503) 989-3442
2 in this area
87 Total Sales
-
Marlene Mills
Seller's Agent in 2018
Marlene Mills
Premiere Property Group, LLC
(503) 318-9650
31 Total Sales
-
Chris Olson
Buyer's Agent in 2018
Chris Olson
All County Real Estate
(503) 539-2604
1 in this area
44 Total Sales
Map
Source: Regional Multiple Listing Service (RMLS)
MLS Number: 604192012
APN: 00533505
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 © 2025 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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