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Sold on 06/18/2025
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275 E Hereford St, Gladstone, OR 97027

$550,000

Last sold 06/18/2025 after 70 Days

  • —

    bed

  • —

    bath

  • 2,376

    Sqft ($231/Sqft)

Multi-family not for sale
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About 275 E Hereford St

Property type Multi-family
Neighborhood
Year built 1995
HOA fee $0/month
Parking 2 garage spaces
Rental estimate
Property description
Great duplex in the heart of Gladstone. New roof being put on May 1st. Garage, deck, nice large driveway and cute fenced yard. Large bedrooms 16x13 & 12x13. Open floor plan. A great little rental in wonderful location. One owner that have taken amazing care of it. Long term tenant on one side the other working on moving soon. Rents under market value so lots of upswing on this one.
Listed by
Listing Agent - Julie Murray
Listing Office - Realty One Group Prestige
Source: RMLS mls logo
MLS#243386405 • last updated 1 year ago
Movoto checked RMLS for data 6 minutes ago
Overview
Heating Wall Heater
MLS # 243386405
Type Multi Family
Status Active
Property Tax 6146.59
Year Built 1995
Exterior
Roof Composition
# Parking Spaces 2
# Garage Spaces 2
Exterior Features Vinyl Siding
Lot Desc Private
Amenities / Utilities
Hot Water Electricity
Sewer/ Septic Public Sewer
Water Source Public Water
Location
County Clackamas
Area 145 - Milwaukie, Gladstone, Happy Valley, Clckmas, Dmscus, Estacada
Elementary School John Wetten
Middle School Kraxberger
High School Gladstone
Zoning R5
Directions Oatfield Or 99e To Hereford To Property
APN 1595982
Multifamily Details
Unit Type 1: # Bedrooms 2
Unit Type 1 : Total Baths 2
Unit Type 2: # Bedrooms 2
Unit Type 2: Total Baths 2
Unit Type 1: Rent 1750
Unit Type 2: Rent 1750
Total # of Units 2
Gross Rent Multiplier 14.28
Operating Expense Scheduled 8590
Net Operating Income 33610
Operating Expense 8390
Gross Scheduled Income 44940
Gross Income 42000
Cap Rate 5.6
Net Scheduled Income 44940
Lot/ Land Details
Road Surface Paved
We are not permitted to show value estimates for this property.
  • Jul 2025
    mls logo MLS # 243386405
  • Jul 31, 2025 Sold
    $550,000
  • Apr 9, 2025 Listed
    $599,900
  • Jul 2025
    Public Records
  • Jul 31, 2025 Sold
    $550,000 (-8.3%)
  • Year Property taxes Tax assessment
  • 2024
    $6,147 +3.3%
    $304,626 +3.0%
  • 2023
    $5,948 +4.1%
    $295,754 +3.0%
  • 2022
    $5,716 +3.8%
    $287,140 +3.0%
  • 2021
    $5,506 +2.4%
    $278,777 +3.0%
  • 2020
    $5,375 +1.2%
    $270,658 +3.0%
  • 2019
    $5,313 +3.8%
    $262,775 +3.0%
  • 2018
    $5,119 +6.3%
    $255,121 +3.0%
  • 2017
    $4,817
    $247,690
  • 275 E Hereford St
    $550K
  • 145 - Milwaukie, Gladstone, Happy Valley, Clckmas, Dmscus, Estacada
    —
  • 97027
    $499K -10% y/y
  • Gladstone
    $504K -9% y/y
No chart available
Statistics calculated by Movoto

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5/10
John Wetten Elementary School
public Grades 1-5
Gladstone School District 115
6/10
Gladstone High School
public Grades 9-12
Gladstone School District 115
Source: GreatSchools.org © 2026. All rights reserved.

Around 145 - Milwaukie, Gladstone, Happy Valley, Clckmas, Dmscus, Estacada

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