Well maintained 4 plex, all units are tenant occupied. Great investment property with great cash flow (gross rent multiplier of 11.1, Cap rate of 5.6%). This property has a new roof, updated vinyl windows and sliders, private fenced patios, washer and dryer hook ups and assigned parking. Convenient Gladstone location with great tenant base.
*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.
Public record
Public record
Zoning
Permits
Beds
8
Baths
4
Stories
—
Lot width
—
Lot depth
—
Lot size
7,841 Sq. Ft.
Year renovated
—
Sq. Ft.
3,783
Year built
1966
Style
Single Family Residential
County
Clackamas County
APN
00507008
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
—
Last updated by owner on Sep 18, 2026.
MR
Multi-Household Residential District
The purpose of an MR district is to implement the Comprehensive Plan and to provide land for households desiring to live in an environment of high density residential development with proximity to mass transit, shopping and service facilities.
Permitted uses
Include but are not limited to:
Housing-Multiple units
Nov 3, 2016 • Final
Building - electrical
Electrical
Feb 23, 2010 • Final
Building - electrical
Electrical
Permit history is from public records and may be incomplete or inaccurate. Redfin and its agents make no representations about the property condition or permit status. Buyers should independently verify all information.
Property details
Parking
Parking Information
Parking Features: Assigned, Guest
Parking Total: 8
Interior
Appliances
Hot Water Description: Electricity
Interior Features
Storage: None
Basement: Crawl Space
Exterior
Exterior Features
Roof: Composition
Exterior Description: Brick, Lap Siding
Lot Information
Lot Size Range: 7,000 to 9,999 SqFt
Lot Size: 7,000 to 9,999 SqFt
Lot Features: Level, On Busline
Parcel Number: 00507008
Property Information
Property Type: Multi Family
Property Attached YN: No
Property Condition: Updated/Remodeled
Security Features: Security Lights
View YN: No
Building Information
Year Built: 1966
Building Area Total: 3,783
Financial
Tax Information
Tax Legal Description: SECTION 17 TOWNSHIP 2S RANGE 2E QUARTER DC TAX LOT 0
Tax Annual Amount: $6,286.54
Rent Information
Rent Includes: Sewer, Trash Collection, Water
Utilities
Utility Information
Green Certification YN: No
Fuel Description: Electricity
Water Source: Public Water
Sewer: Public Sewer
Heating & Cooling
Heating YN: Yes
Heating: Baseboard
Cooling YN: No
Location
Multi Unit Information
# Of Units Total: 4
Unit Information
Unit Type: 1, 2, 3, 4
Unit Type 1 Information
Actual Rent: $1,050
Area: 782
Baths Total: 1
Beds Total: 2
Features: Range, Refrigerator, Washer/Dryer
Units Total: 1
Unit Type 2 Information
Actual Rent: $1,050
Area: 782
BathsTotal: 1
Beds Total: 2
Features: Range, Refrigerator, Washer/Dryer
Units Total: 1
Unit Type 3 Information
Actual Rent: $1,050
Area: 1,017
Baths Total: 1
Beds Total: 2
Features: Range, Refrigerator, Washer/Dryer
Units Total: 1
Unit Type 4 Information
Actual Rent: $1,050
Area: 1,017
Baths Total: 1
Beds Total: 2
Features: Range, Refrigerator, Washer/Dryer
Units Total: 1
School Information
Elementary School: John Wetten
High School: Gladstone
Location Information
Directions: Gladstone Exit off I-205, north on Oatfield, right on Webster
Unparsed Address: 18195 WEBSTER RD, Gladstone, OR 97027
Community Information
Zoning: MR
Public facts
Beds: 8
Baths: 4.0
Sq. Ft.: 3,783
Stories: —
Lot Size: 7,841 square feet
Style: Single Family Residential
Year Built: 1966
Year Renovated: —
County: Clackamas County
APN: 00507008
Home facts updated by county records on Sep 18, 2026
Other
Listing Information
MlsStatus: Sold
Listing Price Information
Price Type: List Price
Around this home
Schools
John Wetten Elementary School
Public 1-5 • Assigned • 0.7mi
6/10
Walter L Kraxberger Middle School
Public 6-8 • Assigned • 0.3mi
7/10
Gladstone High School
Public 9-12 • Assigned • 0.7mi
6/10
Provided by GreatSchools
Lifestyle
Provided by Walk Score and Local Logic
Climate risks
1/10 Flood Factor
Minimal risk of a flood reaching the building in the next 30 years
1/10 Fire Factor
Unlikely to be in a wildfire in next 30 years
3/10 Heat Factor
7 days above 93° expected this year, 15 days in 30 years
1/10 Wind Factor
Minimal risk of severe winds over next 30 years
10/10 Air Factor
18 unhealthy days expected this year, 20 days in 30 years
Provided by First Street
Historical weather
Gladstone, OR • 97027
Average low and high temperatures (°F)
49
36
51
38
59
43
67
45
72
49
79
54
86
58
86
62
78
57
64
48
54
44
51
42
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Sun exposure
In this area, properties receive around 9.8 hours in
June and 2 hours in December, placing it below the
U.S. average for solar exposure.
9.8 hrs
2 hrs
JuneDecember
Provided by Shadowmap
Estimated sale price
$822,000 – $995,000
Reach more buyers when you sell with Redfin. Save up to $8,644 in fees.3 minutes to get started.
Get a free, detailed breakdown of how we calculated your estimate.