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18309 Portland Ave, Gladstone, OR 97027

$689,900

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Property Description

This well-located duplex on Portland Avenue sits in the heart of Gladstone, just two lots down from City Hall and the Police Station, offering unbeatable proximity to Main Street and quick access to 99E / McLoughlin Boulevard for easy commuting. Each unit features a functional layout with three bedrooms, a full bath upstairs, plus a half bath and individual laundry hookups on the main level. The simple, efficient floor plan connects the kitchen and family room into one open living space. Just one block from Gladstone High School, you can hear the soft, distant roar of the crowd during sports events from the nearby athletic fields - a familiar local backdrop that adds to the neighborhood feel. A short walk down Portland Avenue brings you to Gladstone's charming main street with its new library, coffee shops, restaurants, food carts, local watering holes, and true hometown character. With long-term tenants and steady cash flow, this is a dependable investment property in a consistently desirable location, and duplexes like this only come to market a few times a year as many investors hold them long-term - your opportunity awaits; inquire for details

18309 Portland Ave | MLS# 312284857

This multi-family property located at 18309 Portland Ave, Gladstone, OR 97027 is currently listed for sale with an asking price of $689,900. Search Gladstone real estate on sherihilton.bendpremierrealestate.com today.

Property Features

Property Type: Multi Unit - Multiple
Basement: CrawlSpace
Cooling: Window Unit(s)
Fuel Type: Electricity
Heating: WallHeater
Lot Size: 50'x144'
Roof Type: Composition
Stories: 2.0
Taxes: $7,955
Year Built: 2002
Square Feet: 2,680

Units

Unit Type 1:
Bathroom(s): 2
Bedrooms: 3
Features: Range, Refrigerator, WasherDryerHookup
Rent: $1900.00
Square Footage: 1340
Total Units: 2

Feature Descriptions

Days on Site: 1
Exterior: Vinyl Siding
Gross Income: $44400.00 (Actual)
Hot Water: Electricity
Lot Dimensions: 50'x144'
Net Income: $35245.00 (Actual)
Operating Expenses: $9155.00 (Actual)
Parking: Driveway, OnStreet
Parking Notes: Driveway, OnStreet
Sewer: Public Sewer
Units: 2
Water: Public Water

Local Schools

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

Listed By / Shown By

Listed By

Agency Name: Heins Real Estate LLC
Agency Phone: 503-694-4663

Shown By

Agent Name: Sheri Hilton, Broker
Agent Phone: (541) 550-6129
Agency Title: Bend Premier Real Estate

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Estimated Payment

$ 4,352.65 per month $3,488.51 Principal & Interest $662.92 Property Tax $201.22 Homeowner's Insurance

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Disclaimer: All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Listing(s) information is provided for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information on this site was last updated 06/10/2026. The listing information on this page last changed on 06/10/2026. The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of Delta Media Group MLS (last updated Wed 06/10/2026 4:25:41 AM EST) or RMLS (last updated Wed 06/10/2026 1:50:27 AM EST) or COAR/MLSCO (last updated Wed 06/10/2026 1:31:20 AM EST). Real estate listings held by brokerage firms other than Bend Premier Real Estate may be marked with the Internet Data Exchange logo and detailed information about those properties will include the name of the listing broker(s) when required by the MLS. All rights reserved.

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 other brokerage firms are marked with the RMLS logo, and detailed information about these properties includes the names of the listing brokers. Listing content is copyright © 2026 RMLS, Portland, Oregon. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.

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