Active
2,648 sqft
17920 Oatfield Rd, Gladstone, OR 97027
Est: $4,999/moGet pre-approved
Multi FamilyProperty Type
0.18 acresLot Size
1993Year Built
$312/sq ftPrice per sq ft
2 carsParking Spaces

Description

Excellent investment opportunity in Gladstone! This well-maintained and extensively updated duplex offers two spacious 2-bedroom, 2.5-bath units, approximately 1,324 SF each, for a combined 2,648 SF of living space. Each unit features an inviting, functional floor plan with generous living areas, updated kitchens, stainless steel appliances, refreshed countertops, newer flooring and carpet, updated paint, lighting, ceiling fans, and bathroom fixtures. Updated flooring, appliances, and well-kept interiors...Excellent investment opportunity in Gladstone! This well-maintained and extensively updated duplex offers two spacious 2-bedroom, 2.5-bath units, approximately 1,324 SF each, for a combined 2,648 SF of living space. Each unit features an inviting, functional floor plan with generous living areas, updated kitchens, stainless steel appliances, refreshed countertops, newer flooring and carpet, updated paint, lighting, ceiling fans, and bathroom fixtures. Updated flooring, appliances, and well-kept interiors throughout. Major improvements add to the long-term value, including a newer roof, updated landscaping, removal of two large backyard trees, and a privacy fence separating the rear yards, giving each tenant their own outdoor space. Each unit also offers an attached garage and in-unit laundry. Both units are currently tenant-occupied, providing immediate rental income for the next owner. A great opportunity to add a stabilized, updated duplex to an investment portfolio in a convenient Gladstone location near shopping, services, transportation, and everyday amenities.
2 days on Market
  • Listed by: Lizbeth Abbott • Tree City Real Estate Lizbeth@treecityhomes.com
Last updated: 09/29/2026 02:09 PM • Source: RMLS, MLS#: 525424409

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Location

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$4,999 per month

30 year fixed, 7.03% Interest

Principal and Interest

$4,404

Property Taxes

$595

HOA Dues

$0

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Property Information for 17920 Oatfield Road

Property Details
  • Taxes: $7,145 / year
  • MLS Type: Multi Family
  • Subdivision: Milbradt Heights
  • Parking Features: Attached, Driveway
  • Zoning: R7.2
  • View: Trees Woods
  • Garage Spaces: 2.00
Building Information
  • Stories: 2
  • Residences: 2
  • Year Built: 1993
  • Lot Size: 0.18 AC / 7,840 SF
Summary
Location and General Information
  • Country: US
  • Directions: Between Webster and Jennings
  • Road Surface: Paved
School Information
  • Elementary School: John Wetten
  • High School: Gladstone
  • Middle Or Junior School: Kraxberger
Taxes and HOA
  • Tax Year: 2025
  • Tax Annual Amount: $7,144.77
  • Parcel Number: 01456506
  • Tax Legal Description: 2895 MILBRADT HEIGHTS LT 2
Property
Lot Information
  • Acres: 0.18
  • Lot Description: Level
  • Lot Size Square Feet: 7840.0
  • Lot Size Dimension: 7840
  • Lot Size Range: Sq Ft7000to9999
  • Lot Size: 7,000 to 9,999 Sq Ft
Property and Assessments
  • Property Type: Multi Family
  • Water Description: Public Water
  • Property Condition: Updated Remodeled
  • Year Built: 1993
Utilities
  • Cooling Description: Other
  • Fuel Description: Gas
  • Heating Description: Forced Air
  • Hot Water Description: Gas
  • Sewer Description: Public Sewer
  • Rent Includes: Sewer, Water
Interior and Exterior Features
Exterior Features
  • Exterior Description: Cement Siding, Lap Siding
  • Roof Type: Composition
Interior Features
  • Basement: Crawl Space
  • Foundation Details: Concrete Perimeter
  • Stories: 2
Amenities
Amenities Information
  • Internet Service Type: Cable
Multi Family
Multi-Family Information
  • Number Of Units Total: 2
  • Gross Income Actual: $61,680.00
  • Gross Rent Multiplier: $13.37
  • Investor Information: According To Owner
  • Net Income Actual: $3,587.00
  • Operating Expense: $58,093.00
  • Security Features: Unknown
  • Storage: Garage
  • Unit Type Type: Unit Type Type1, Unit Type Type2
  • SqFt Approximate Building Total: 2648
Unit 1 Information
  • Unit Type 1 Baths Total: 3
  • Unit Type 1 Baths Decimal: 3.00
  • Unit Type 1 Beds Total: 2
  • Unit Type 1 Features: Dishwasher, Disposal, Washer Dryer
  • Unit Type 1 Rent: $2,446
  • Unit Type 1 SqFt: 1324.0
  • Unit Type 1 Units Total: 1
Unit 2 Information
  • Unit Type 2 Baths Total: 3
  • Unit Type 2 Baths Decimal: 3.00
  • Unit Type 2 Beds Total: 2
  • Unit Type 2 Features: Dishwasher, Disposal, Washer Dryer
  • Unit Type 2 Rent: $2,438
  • Unit Type 2 SqFt: 1324.0
  • Unit Type 2 Units Total: 1

Property History for 17920 Oatfield Road

DateEvent & SourcePriceAppreciation
Nov 20, 2020

Sold (Public Record)

Public Record #683389105

$530,000

+4.5% / yr

Aug 27, 2004

Sold (Public Record)

Public Record #140808824

$260,000

+36.0% / yr

Aug 20, 2003

Sold (Public Record)

Public Record #117745499

$190,000

+1.2% / yr

DateEvent & SourcePrice
11/20/2020

Sold (Public Record)

Public Record #683389105

$530,000

+4.5% / yr

08/27/2004

Sold (Public Record)

Public Record #140808824

$260,000

+36.0% / yr

08/20/2003

Sold (Public Record)

Public Record #117745499

$190,000

+1.2% / yr

For completeness, we often displays two records for one sale: the MLS record and the public record.

Public Records for 17920 Oatfield Road

Taxable ValueLand-Additions-Total-
Tax Record2025$7,145 ($595 / month)
Home Facts
Baths4Total Finished SqFt2,648 SqFtAbove Grade Finished SqFt2,648 SqFtLot Size7,957 SqFtStyleDuplexYear Built1993ZoningR7.2CountyCLACKAMASAPN22E17CA20207

Schools near 17920 Oatfield Road

This home is within Gladstone School District 115.
Rating
School
Type
Grades
Distance
Public - 1 to 5
Public - 6 to 8
Public - 9 to 12
Private - PK to 12
Rating
School
Distance
John Wetten Elementary School
Public1 to 5

Walter L Kraxberger Middle School
Public6 to 8

Gladstone High School
Public9 to 12

Grace Christian School
PrivatePK to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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17920 Oatfield Road is a multi-family home for sale in Gladstone, OR 97027. This property was listed for sale on September 29, 2026 by Tree City Real Estate, it's currently listed at $824,900. It has been on the market for a total of 2 days and was last sold on November 20, 2020. This listing's school district is Gladstone School District 115. Nearby schools include John Wetten Elementary School, Walter L Kraxberger Middle School and Gladstone High School. 17920 Oatfield Road is a 0-bed, 0-bath, 2,648 sqft multi-family home built in 1993.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of any information, descriptions or measurements (including square footage measurements and property condition), such should be independently verified through appropriate means, including, but not limited to, in person inspection and public records, and Compass International Holdings, its subsidiaries, affiliates and independently owned and operated franchisees, and their affiliated agents and associated third parties expressly disclaim any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the seller's discretion. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Tree City Real Estate

All information provided is deemed reliable but is not guaranteed and should be independently verified. 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 Compass are marked with the RMLS logo and detailed information about these properties includes the names of the listing brokers. Copyright © 2026 RMLS, Portland, Oregon. Last updated: 09/29/2026 02:09 PM