101 CORNELL AVE

Gladstone, OR 97027

$600,000

Don't miss the exceptional opportunity in this Gladstone duplex, just blocks from the Clackamas River and downtown Gladstone. This single owner property is ideal for investors offering solid construction, long-term tenants, functional floor plans, and meaningful upside in current rents. Each townhouse-style unit features 2 bedrooms, 1.5 bathrooms, an attached… Read MoreRead Less

Listing courtesy of Vitality Home Realty.

Listing Snapshot

Days Online

Last Updated

Sep 2, 2026

Square Ft.

2,100

Year Built

1999

MLS Number

465801563

30 Days Snapshot Of 97027

$502k

-3%

(avg) sold price

+120%

homes sold

+27%

(avg) days on market

Snapshot

Area Map

Additional Details

Building

Stories: 2, Building Area Total: 2100, Built in 1999, Unit Type Type: UnitTypeType1, UnitTypeType2

Property Access

Road Surface Type: Paved

Basement

Basement: CrawlSpace

Disclosures

Disclosures: Disclosure

Expenses

Operating Expense: $7,400

Exterior Features

Exterior Description: VinylSiding

Foundation

Foundation Details: ConcretePerimeter

Garage

Garage Spaces: 2

Heating

Heating: ForcedAir

Income

CAP Rate: 4.67, Gross Income: $35,400, Gross Rent Multiplier: 16.95, Net Operating Income: $28,000

Lot

Features: CornerLot, Level, Size Range: SqFt5000to6999, Size: 5,000 to 6,999 SqFt

Miscellaneous

Investor Information: AccordingToOwner

Parking

Features: Driveway, Garage, 2 total parking spots

Property

Number Of Units Total: 2, Property Condition: Approximately, Zoning: R5

Roof

Roof: Composition

Sewer

Sewer: PublicSewer

Taxes

Annual Amount: $7,400, Legal Description, Tax Year: 2025

Unit One

Actual Rent: $1,550, Area: 1050, Features: Fireplace, Range, Refrigerator, WasherDryer, Units Total: 1, 2 total bathrooms, 2 total bedroom

Unit Two

Actual Rent: $1,400, Area: 1050, Features: Fireplace, Range, Refrigerator, WasherDryer, Units Total: 1, 2 total bathrooms, 2 total bedroom

Utilities

Fuel Description: Electricity, Gas, Hot Water Description: Electricity, Water Source: PublicWater

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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 eXp Realty, LLC 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.

All information provided is deemed reliable but is not guaranteed and should be independently verified.

This content last updated on Sep 2, 2026. 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 Sep 2, 2026. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.

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