Your Private Retreat or Development opportunity! Vintage 1925 cottage full of charm in an amazing garden setting. Creative and artistic flair throughout the property. Private yard, large detached garage/shop and a storage shed with potential for income-generating ADU. This small adorable home is in a desirable and convenient location. Ready for your vision or development opportunities. Seller is offering $1500 appliance upgrade credit.
Rare fixer opportunity in an incredibly convenient location! Current property features a vintage 1925 cottage and an oversized detached garage. A large, level 5,000SF lot offers ample privacy and room for an urban garden, shop, home office, add'l living area or income-generating ADU. Potential future development options for various middle housing dwelling configurations. Buyer to perform all due diligence. Offer Deadline: Mon. June 20 @ 8am.
Year
Property tax
Land + Additions
Assessment*
2025
$2,959 (+2.9%)
2024
$2,876 (+3.3%)
2023
$2,784 (+4.1%)
2022
$2,675 (+3.8%)
2021
$2,577 (+2.4%)
2020
$2,515 (+1.2%)
2019
$2,486 (+3.8%)
2018
$2,396 (+3.1%)
2017
$2,324 (+3.4%)
2016
$2,247 (+26.9%)
2015
$1,770 (+2.8%)
2014
$1,722 (+2.9%)
2013
$1,673 (+2.4%)
2012
$1,635 (+3.4%)
2011
$1,582 (+2.2%)
2010
$1,548
2009
$1,548
Public record
Public record
Zoning
Permits
Beds
2
Baths
1
Stories
1
Lot width
—
Lot depth
—
Lot size
5,000 Sq. Ft.
Year renovated
—
Finished Sq. Ft.
607
Unfinished Sq. Ft.
—
Total Sq. Ft.
607
Year built
1925
Style
Single Family Residential
County
Clackamas County
APN
00532150
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
Jun 28, 2023 • Final
Building - plumbing
Plumbing
Dec 4, 2014 • 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.
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
59
84
61
78
57
64
48
54
44
51
42
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Sun exposure
88/ 100
Very good sunlight
Sunscore
There appears to be minimal shading by surrounding buildings, terrain, and vegetation.
9.3 hrs
4.5 hrs
JuneDecember
Provided by Shadowmap
Redfin Estimate for 515 E Gloucester St
We cannot show automated home-value estimates for this home.
Nearby homes have recently sold between $391,000 and $462,500.
Nearby comparable homes
The Redfin Estimate uses 6 recent nearby sales, priced between $391K to $463K.