$575,000
$44K PRICE DROP

825 Yale Ave Gladstone, OR 97027

Estimated payment $3,475/month

Total Views 14,920
-- Bed
-- Bath
1,598 Sq Ft
$360 Price per Sq Ft

Highlights

  • Corner Lot
  • Forced Air Heating System
  • 4-minute walk to Max Patterson Park

About This Home

This 2-bedroom with bonus master bedroom, 1-bath bungalow-style home offers a unique setup with two separate living units, making it ideal for multi-generational living, guest accommodations, or rental income. Whether you're looking for a home with a mother-in-law apartment or seeking a solid investment property, this setup provides flexibility and potential. The current owner has successfully used it as an income-generating property. Conveniently located in Gladstone, this home combines charm and function in a versatile layout.

Listing Agent

Jack Barrett

Matin Real Estate License #201252676 Listed on: 04/10/2025

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,533

Year Built

  • Built in 1920

Lot Details

  • Corner Lot
  • Level Lot

Parking

  • On-Street Parking

Home Design

  • 1,598 Sq Ft Home
  • Shingle Roof
  • Composition Roof

Schools

  • John Wetten Elementary School
  • Kraxberger Middle School
  • Gladstone High School

Utilities

  • No Cooling
  • Forced Air Heating System
  • Heating System Uses Gas

Listing and Financial Details

  • Assessor Parcel Number 00531437

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,533

Year Built

Built in 1920

Lot Details

0

Listing Details

  • Standard Status: Active
  • MLS Status: Active
  • Property Type: MultiFamily
  • Year Built: 1920
  • Property Condition: Approximately
  • Property Attached Yn: No
  • Open House: No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Lot Size Range: SqFt3000to4999

Exterior Features

  • Exterior Description: Other
  • Lot Size: 3,000 to 4,999 SqFt
  • View: No
  • Lot Features: CornerLot, Level
  • Road Surface Type: Paved
  • Roof: Composition, Shingle

Garage/Parking

  • Parking Description: OnStreet
  • Attached Garage: No

Utilities

  • Fuel Description: Gas
  • Cooling Y N: No
  • Heating: ForcedAir
  • Heating Yn: Yes
  • Sewer: PublicSewer
  • Water Source: PublicWater

Schools

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

Lot Info

  • Zoning: R5
  • Parcel #: 00531437

Green Features

  • Green Certification: No

Rental Info

  • Rent Includes: None

Tax Info

  • Tax Deferral: No
  • Tax Year: 2024
  • Tax Annual Amount: 3533.14

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 $3,533 $170,003 $0 $0
2022 $3,286 $165,052 $0 $0
2021 $3,165 $160,245 $0 $0
2020 $3,090 $155,578 $0 $0
2019 $3,054 $151,047 $0 $0
2018 $2,943 $146,648 $0 $0
2017 $2,855 $142,377 $0 $0
2016 $2,761 $138,230 $0 $0
2015 $2,670 $134,204 $0 $0
2014 $2,598 $130,295 $0 $0
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/08/2025 07/08/25 Price Changed $575,000 -8.6% $360 / Sq Ft
04/28/2025 04/28/25 Price Changed $629,000 +1.6% $394 / Sq Ft
04/10/2025 04/10/25 For Sale $619,000 -- $387 / Sq Ft
Source: Regional Multiple Listing Service (RMLS)

Purchase History

Date Type Sale Price Title Company
Bargain Sale Deed $150,000 Ticor Title Insurance Compan
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $81,950 Credit Line Revolving
Open $188,000 Unknown
Closed $135,000 Purchase Money Mortgage
Source: Public Records

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Source: Regional Multiple Listing Service (RMLS)

MLS Number: 270488246

Regional Multiple Listing Service (RMLS)

APN: 00531437