430 E Hereford St

Gladstone, OR 97027

$623,900
Price
—
Beds
—
Baths
1,992 Sq. Ft.
$313 / Sq. Ft.
1,992
Sq. Ft.
$313
per Sq. Ft.

Description

This income-producing duplex in Gladstone is conveniently located near the Clackamas River. Both units are currently rented, making it a fantastic investment opportunity. Situated on a private, wooded lot with parking, the property offers privacy and in a central Gladstone location. Remodeled throughout in 2018, the duplex features modern updates while maintaining its charm. (Interior photos were taken before the units were rented; exterior photos are current.) Each unit has its own private deck...This income-producing duplex in Gladstone is conveniently located near the Clackamas River. Both units are currently rented, making it a fantastic investment opportunity. Situated on a private, wooded lot with parking, the property offers privacy and in a central Gladstone location. Remodeled throughout in 2018, the duplex features modern updates while maintaining its charm. (Interior photos were taken before the units were rented; exterior photos are current.) Each unit has its own private deck and a spacious fenced backyard. The first unit is a 2BD/2BA with an additional flex space that can serve as a third bedroom or family room. The second unit is a 2BD/1BA with a one-car garage. Both units include vaulted ceilings, updated and functional kitchens, and generously sized bedrooms. Appliances such as freestanding stoves, dishwashers, refrigerators, washers, and dryers are also included.
  1. Listed by Lauren Sheehan • eXp Realty, LLC • 503-329-5131

Property Details for 430 East Hereford Street

Subdivision
GLADSTONE
Parking Features
Attached, Driveway
Zoning
R5
Garage Spaces
1.00
Parking Total
2.00
LISTING UPDATED: 03/30/2025 01:58 AM

Property Details for 430 East Hereford Street

StatusActive
MLS #741045041
Days on Market41
Taxes$7,122 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeMulti Family
Year Built1979
Lot Size0.22 AC / 9,583 SF
CountyClackamas County

Building Information for 430 East Hereford Street

Stories3Residences2Year Built1979Building Size-Lot Size0.22 AC / 9,583 SF

Property Information for 430 East Hereford Street

Summary
Location and General Information
  • Country: US
  • Directions: Oatfield, West on Hereford
  • Road Surface: Paved
School Information
  • Elementary School: John Wetten
  • High School: Gladstone
  • Middle Or Junior School: Kraxberger
Taxes and HOA
  • Tax Year: 2024
  • Tax Annual Amount: $7,121.87
  • Parcel Number: 00533505
  • Tax Legal Description: SECTION 20 TOWNSHIP 2S RANGE 2E QUARTER BA TAX LOT 03600
Property
Lot Information
  • Acres: 0.22
  • Lot Description: Secluded, Trees
  • Lot Size Square Feet: 9583.0
  • Lot Size Range: Sq Ft7000to9999
  • Lot Size: 7,000 to 9,999 Sq Ft
Property and Assessments
  • Property Type: Multi Family
  • Water Description: Public Water
  • Property Condition: Approximately
  • Year Built: 1979
Utilities
  • Fuel Description: Electricity
  • Heating Description: Forced Air
  • Hot Water Description: Electricity
  • Sewer Description: Public Sewer
  • Rent Includes: Maintenance Grounds, Trash Collection
Interior and Exterior Features
Exterior Features
  • Exterior Description: Vinyl Siding
  • Roof Type: Composition
Interior Features
  • Basement: Crawl Space
  • Stories: 3
Multi Family
Multi-Family Information
  • Number Of Units Total: 2
  • Gross Income Actual: $42,576.00
  • Gross Rent Multiplier: $14.65
  • Investor Information: Annual Property Operation Data, Leases, Maintenance Records Available, Profit Loss Statement
  • Net Income Actual: $33,821.00
  • Operating Expense: $8,755.00
  • Unit Type Type: Unit Type Type1, Unit Type Type2
  • SqFt Approximate Building Total: 1992
Unit 1 Information
  • Unit Type 1 Baths Total: 2
  • Unit Type 1 Baths Decimal: 2.00
  • Unit Type 1 Beds Total: 2
  • Unit Type 1 Features: Deck, Dishwasher, Range, Washer Dryer
  • Unit Type 1 Rent: $1,945
  • Unit Type 1 SqFt: 1500.0
  • Unit Type 1 Units Total: 1
Unit 2 Information
  • Unit Type 2 Baths Total: 1
  • Unit Type 2 Baths Decimal: 1.00
  • Unit Type 2 Beds Total: 2
  • Unit Type 2 Features: Deck, Dishwasher, Range, Washer Dryer
  • Unit Type 2 Rent: $1,895
  • Unit Type 2 SqFt: 1100.0
  • Unit Type 2 Units Total: 1

Property History for 430 East Hereford Street

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 430 East Hereford Street

Taxable ValueLand-Additions-Total-
Tax Record2024$7,122 ($593 / month)
Home Facts
Baths2Total Finished SqFt1,992 SqFtAbove Grade Finished SqFt1,992 SqFtLot Size9,583 SqFtStyleDuplexYear Built1979ZoningR5CountyCLACKAMASAPN22E20BA03600Fireplace TypeHas Fireplace

Schools near 430 East Hereford Street

This home is within Gladstone School District 115.
Rating
School
Type
Grades
Distance
John Wetten Elementary School
Public - 1 to 5
Walter L Kraxberger Middle School
Public - 6 to 8
Gladstone High School
Public - 9 to 12
Grace Christian School
Private - PK to 12
Rating
School
Distance
John Wetten Elementary School
Public1 to 5

Walter L Kraxberger Middle School
Public6 to 8

Gladstone High School
Public9 to 12

Grace Christian School
PrivatePK to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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More information about 430 East Hereford Street, Gladstone, OR 97027

430 East Hereford Street is a multi-family home for sale in Gladstone, OR 97027. This property was listed for sale on February 18, 2025 by eXp Realty, LLC, it's currently listed at $623,900. It has been on the market for a total of 41 days and was last sold on October 23, 2018. This listing's school district is Gladstone School District 115. Nearby schools include John Wetten Elementary School, Walter L Kraxberger Middle School and Gladstone High School. 430 East Hereford Street is a 0-bed, 0-bath, 1,992 sqft multi-family home built in 1979.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of eXp Realty, LLC

All information provided is deemed reliable but is not guaranteed 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 Compass are marked with the RMLS logo and detailed information about these properties includes the names of the listing brokers. Copyright © 2025 RMLS, Portland, Oregon. Last updated: 03/30/2025 01:58 AM