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6717 SE Gladstone ST

Portland, OR 97206
Square Ft.
3,382
Active
Multifamily
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$1,339,900
Welcome to Gladstone St Cottages, a rare multifamily investment opportunity in SE Portland comprised of three fully detached new construction residences. The portfolio includes two 3 bedroom, 2.5 bathroom homes and one 2 bedroom, 2.5 bathroom home, with square footage ranging from approximately 980 to 1,201 square feet. Designed to… Read MoreRead Less
Listing courtesy of Keller Williams Realty Portland Premiere.
Listing Snapshot
Days Online
152
Last Updated
Square Ft.
3,382
Year Built
2025
MLS Number
402846995
30 Days Snapshot Of 97206
$459k
-9%
(avg) sold price
42
-8%
homes sold
54
+17%
(avg) days on market
Snapshot
Area Map
Additional Details
Property Access
Road Surface Type: Paved
Basement
Basement: CrawlSpace
Building
Building Area Total: 3382, Built in 2025, Storage: None, Stories: 2, Unit Type Type: UnitTypeType1, UnitTypeType2
Cooling
Cooling: HeatPump, MiniSplit
Disclosures
Disclosures: Exempt
Expenses
Operating Expense: $25,052
Exterior Features
Exterior Description: CementSiding, LapSiding
Foundation
Foundation Details: ConcretePerimeter, StemWall
Heating
Heating: MiniSplit
Income
CAP Rate: 5.04, Gross Income: $92,628, Gross Rent Multiplier: 14.47, Net Operating Income: $67,577
Lot
Features: Level, Size Range: SqFt7000to9999, Size: 7,000 to 9,999 SqFt
Miscellaneous
Investor Information: Incomplete
Parking
Features: OnStreet
Property
Number Of Units Total: 3, Property Condition: NewConstruction, Zoning: R5
Roof
Roof: Composition
Security Features
Features: Sidewalk
Sewer
Sewer: PublicSewer
Taxes
Legal Description, Tax Year: 2025
Unit One
Actual Rent: $2,350, Area: 980, Features: AirConditioning, Dishwasher, Range, WasherDryerHookup, Units Total: 1, 3 total bathrooms, 2 total bedroom
Unit Two
Actual Rent: $2,700, Area: 1201, Features: AirConditioning, Dishwasher, Range, WasherDryerHookup, Units Total: 2, 3 total bathrooms, 3 total bedroom
Utilities
Fuel Description: Electricity, Hot Water Description: Electricity, Tank, Water Source: PublicWater
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Jamie Meushaw
Real Estate Professional
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Schools In The Area

Check out nearby schools with ratings and contact info.
Arleta Elementary School 503-916-6330 Public KG-5
Kellogg Middle School Telephone N/A Public 6-8
Franklin High School 503-916-5140 Public 9-12
Arleta Elementary School 503-916-6330 Public KG-5
Arleta Elementary School 503-916-6330 Public KG-5
Kellogg Middle School Telephone N/A Public 6-8
Franklin High School 503-916-5140 Public 9-12

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This content last updated on . Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.
This content last updated on . Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.