Impeccably maintained investor’s Dream or Multi-Gen Gem of a duplex in the Heart of Gladstone! Welcome to 455 & 465 1st Street— an incredibly charming and rare duplex opportunity just one block from the Clackamas River, Cross Park, and scenic walking trails. Each unit features 2 bedrooms and 1 bathroom, with thoughtful updates and a quiet, private atmosphere that’s hard to find. Unit 465 includes a two-car garage, while unit 455 offers a one-car garage plus a carport—plus and an extra parking pad perfect for a small boat, RV, or visiting friends. With a total of 1,690 square feet on a beautifully landscaped lot, this well-cared-for property is ideal for long-term investors seeking a solid ROI or for multi-family. Recent upgrades include a brand new roof (July 2024) and window replacements in both units in 2018. Beautifully maintained landscape on both entry sides of the duplex - private, quiet, and clean. Located just a block from public transit and minutes to Happy Valley, Clackamas Town Center, and more—this duplex is where convenience meets comfort and potential.
Multi-familyProperty Type
1976Year Built
$365Est. Price/Sq.Ft.
3 spacesParking
Listed by Mary Chapman• Matin Real Estate
Bought with Kristine Orlandi• Windermere Realty Trust
*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
4
Baths
2
Stories
—
Lot width
—
Lot depth
—
Lot size
7,050 Sq. Ft.
Year renovated
—
Sq. Ft.
1,690
Year built
1976
Style
Single Family Residential
County
Clackamas County
APN
00542862
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
—
Last updated by owner on Jun 18, 2026.
R5
Single-Household Residential District
The purpose of an R-5 district is to implement the Comprehensive Plan and to provide land for families and individuals desiring to live in an environment of mixed single-household and middle housing dwellings.
Permitted uses
Include but are not limited to:
Housing-Single unit
May 24, 2021 • Final
Building - electrical
Work on a remodel.
Remodel
May 20, 2019 • Final
Building - electrical
Electrical
HVAC
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.