340 E Gloucester St, Gladstone, OR 97027

Opportunity knocks for the savvy buyer seeking both a comfortable residence and a reliable source of supplemental income. This four-bedroom, two-bathroom home in the heart of Gladstone pairs everyday livability with a permitted accessory dwelling unit, offering flexibility that few properties can match.The main residence has been freshly updated, featuring brand-new flooring on the main level and interior paint that lends a bright feel throughout. A standout sun room, complete with a sliding door, invites natural light indoors and provides a serene spot to enjoy a morning beverage or relax after a long day. The layout flows easily, balancing functional living space with a warm, inviting atmosphere. A separate studio apartment serves as the property's true differentiator. Whether you choose to generate rental income, accommodate additional occupants, or simply enjoy additional private quarters, this thoughtfully permitted unit expands the possibilities considerably—your future tenant may well become your favorite neighbor. Outdoors, a dedicated fire pit sets the stage for relaxed evenings beneath the open sky, while multiple storage sheds ensure ample room for tools, equipment, and seasonal belongings. The location is equally compelling. Situated near Max Patterson Park and a short distance from downtown Gladstone proper, residents enjoy convenient access to parks, schools, dining, and everyday shopping, all within a welcoming community setting.Properties offering this rare blend of comfort, income potential, and prime positioning are seldom available. Schedule your private viewing today.