Sold
Last Sold Price
18195 Webster Rd, Gladstone, OR 97027
1966Year Built
8 carsParking Spaces

Description

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.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.
  • Listed by: Brian Porter • JMA Properties LLC
  • Listed by: Brian Spear
Listing closed: 10/07/2016 12:00 AM • Source: RMLS, MLS#: 16028260

Recent comparable sales

Median sold price

$620,000

Avg days on market

43

Sale-to-list ratio

96.1%

Gladstone, OR

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Amenities

  • Assigned Parking
  • Dryer
  • Washer

Location

Listing Courtesy of JMA Properties LLC

Sold By KJK Properties PC

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Payment Calculator

$3,508 per month

30 year fixed, 6.55% Interest

Principal and Interest

$2,984

Property Taxes

$524

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

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Property Information for 18195 Webster Road

Property Details
  • Taxes: $6,287 / year
  • MLS Type: Sale / Residential / Building / QUADRUPLEX / 4 / 4
Building Information
  • Stories: 2
  • Residences: 4
  • Year Built: 1966
Summary
Location and General Information
  • Area: Milwaukie, Gladstone, Happy Valley, Clckmas, Dmscus, Estacada
  • Country: US
  • Directions: Gladstone Exit off I-205, north on Oatfield, right on Webster
  • Subdivision: Gladstone
Parking
  • Garage Or Parking Spaces: 8
  • Parking Description: Assigned, Guest
Taxes and HOA Information
  • FIRPTA Y/N: No
Virtual Tour
  • Video Virtual Tour 1 Y/N: No
Property
Lot Information
  • Lot Description: On Busline, Level
  • Zoning: MR
Property and Assessments
  • Water Description: Public
Utilities
  • Cooling Description: None
  • Fuel Description: Electricity
  • Heating Description: Baseboard
  • Hot Water Description: Electricity
  • Sewer Description: Public Sewer
Interior and Exterior Features
Exterior Features
  • Exterior Description: Brick, Lap Siding
  • Roof Type: Composition
Interior Features
  • Basement Foundation: Crawl Space
  • View Y/N: No
Multi Family
Multi-Family Information
  • Gross Income Actual: $0
  • Gross Income Projected: $49,644
  • Investor Information: Leases
  • Net Income Actual: $0
  • Net Income Projected: $33,655
  • Occupancy Types: Leased, Month to Month
  • Operating Expenses Actual: $0
  • Operating Expenses Projected: $15,989
  • SqFt Approximate Building Total: 3783
  • Storage: None
  • Unit Features: Range, Refrigerator, Washer/Dryer
  • Unit Type Type: 1, 2, 3, 4
Unit 1
  • Unit Type 1 Baths Total: 1
  • Unit Type 1 Beds Total: 2
  • Unit Type 1 Features: Range, Refrigerator, Washer/Dryer
  • Unit Type 1 Rent: $1,050
  • Unit Type 1 SqFt: 782.0
  • Unit Type 1 Units Total: 1
Unit 2
  • Unit Type 2 Baths Total: 1
  • Unit Type 2 Beds Total: 2
  • Unit Type 2 Features: Range, Refrigerator, Washer/Dryer
  • Unit Type 2 Rent: $1,050
  • Unit Type 2 SqFt: 782.0
  • Unit Type 2 Units Total: 1
Unit 3
  • Unit Type 3 Baths Total: 1
  • Unit Type 3 Beds Total: 2
  • Unit Type 3 Features: Range, Refrigerator, Washer/Dryer
  • Unit Type 3 Rent: $1,050
  • Unit Type 3 SqFt: 1017.0
  • Unit Type 3 Units Total: 1
Unit 4
  • Unit Type 4 Baths Total: 1
  • Unit Type 4 Beds Total: 2
  • Unit Type 4 Features: Range, Refrigerator, Washer/Dryer
  • Unit Type 4 Rent: $1,050
  • Unit Type 4 SqFt: 1017
  • Unit Type 4 UnitsTotal: 1

Property History for 18195 Webster Road

DateEvent & SourcePriceAppreciation
Oct 6, 2016

Sold (Public Record)

Public Record #580245801

$587,000

+4.0% / yr

May 6, 2005

Sold (Public Record)

Public Record #156136682

$374,900
DateEvent & SourcePrice
10/06/2016

Sold (Public Record)

Public Record #580245801

$587,000

+4.0% / yr

05/06/2005

Sold (Public Record)

Public Record #156136682

$374,900

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

Public Records for 18195 Webster Road

Taxable ValueLand-Additions-Total-
Tax Record2025$8,558 ($713 / month)
Home Facts
Baths4Total Finished SqFt3,783 SqFtAbove Grade Finished SqFt3,783 SqFtLot Size7,841 SqFtStyleQuadraplexYear Built1966ZoningMRCountyCLACKAMASAPN22E17DC01101

Schools near 18195 Webster 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 - 7 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

Northwest Alternative School
Private7 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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Nearby home values

AddressSold priceBedsBathsSqftLot (Sqft)
This home: 18195 Webster Road, Gladstone, OR 97027
$587,000
$415,000
2
1,180
5,663
$950,000
1
2,482
223,898
4,280
10,890
$524,200
4
2,213
17,859
85,378

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 JMA Properties LLC

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: 10/18/2016 09:21 AM