Duplex with Flexible
For Sale
$444,500
825 YALE Ave, Gladstone, OR 97027
MultiFamily, Gladstone, OR
Property Size1,598 SF
Price / SF$278.16
Days on Market48
Property Features for 825 YALE Ave
General Information
Property type
Residential Multi Family
Property subtype
Other
Zoning
R5
Bedrooms
3
Bathrooms
2
Full bathrooms
2
Rooms
Bedroom 3, Bathroom 1, Bathroom 2, Bedroom 1, Bedroom 2
Elementary school
John Wetten
Middle school
Kraxberger
High school
Gladstone
Directions
Yale / Gloucester
Subdivision
_145
Standard status
Active
APN
00531437
Size
1,598 SF
Additional Details
Tenant in Place
Yes
Taxes and HOA fees
Tax Description
124 CITY OF GLADSTONE PT LT 9&10 BLK 61
Tax Annual Amount
3634
Legal Description
124 CITY OF GLADSTONE PT LT 9&10 BLK 61
Utilities
Heating system
Forced Air
Building Details
Year built
1920
Floors in Building
1
Number of units
2
Roof type
Composition
Listing Agency:
Soldera Properties, Inc
Listed By:
Joe Fustolo · License #911000147
(503) 789-1124
Added: Sep 15
Changed: Oct 23
Last Checked: Nov 1 at 11:06AM
MLS# 442961290
Copyright © 2026 Regional Multiple Listing Services. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
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Investment Insights
Based on property information with market context.
This duplex contains 1,598 square feet and is configured with two separate living areas. The property includes two bedrooms and a bonus room that has been used as a primary bedroom, creating flexibility for household, guest, office, or rental arrangements. The room schedule also identifies three bedrooms and two bathrooms; because those details conflict with the public remarks, they are not relied upon here.
Built in 1920, the property has forced-air heating, a composition roof, and R5 zoning. The larger unit is vacant and available for showings. The occupied unit can be shown after an offer has been received. Located at 825 YALE Ave in Gladstone, Oregon, the property has also been used by the current owner as an income-producing investment.
Built in 1920, the property has forced-air heating, a composition roof, and R5 zoning. The larger unit is vacant and available for showings. The occupied unit can be shown after an offer has been received. Located at 825 YALE Ave in Gladstone, Oregon, the property has also been used by the current owner as an income-producing investment.
Key Highlights
- 1,598‑square‑foot duplex with two separate living areas
- Bonus room has been used as a primary bedroom
- Larger unit is currently vacant and available to show
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$20,518
Cap Rate
4.62%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$410,360
$410.4K
Cap Rate 7%
$293,114
$293.1K
Cap Rate 9%
$227,978
$228.0K
Market Conditions
NOI Build-Up for 1,598 SF
Gross rent
$39.3K $24.60/SF
− Vacancy
−$2.0K −$1.25/SF
EGI
$37.3K $23.35/SF
− OpEx
−$16.8K −$10.51/SF
NOI
$20.5K $12.84/SF
Area
Clackamas County, OR
Vacancy
5.10%
Lease Rate
$24.60 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$410,360
Cap Rate 7%
$293,114
Cap Rate 9%
$227,978
Alternative Uses
Best Use
Apartment 5plus
$293.1K
$256.5K – $342.0K
NOI $20,518 @ 7.0% cap · market cap 4.62%
Second Best
Multifamily LT 5
$286.8K
$250.9K – $334.6K
NOI $20,073 @ 7.0% cap · market cap 4.52%
Theoretical Best
Office A
$431.3K
$377.4K – $503.2K
NOI $30,194 @ 7.0% cap · market cap 6.79%
Zoning and permitted uses should be independently verified with authorities.
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Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
511
Businesses Nearby
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Business Placement
Demographics for 97027, OR
12,599
Population
5,365
Households
2.3
Avg Household Size
41
Median Age
24%
College-Educated
92%
High-School Grad
2.5 sq mi
ZIP Area
5,040
Density / Sq Mi
$91,957
Median Household Income
$49,689
Median Earnings
$1,721
Median Rent
$464,700
Median Home Value
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Market
Vacancy Rate% for Multifamily in West region
Frequently Asked Questions
What type of property is this?
Duplex - Two separate living areas provide adaptable space for residents, guests, office use, or rental arrangements.
Where is this duplex located?
The property is located at 825 YALE Ave Gladstone, OR.
What is the asking price?
The asking price for this property is $444,500.
What are key features of this property?
This property features: 1,598‑square‑foot duplex with two separate living areas; Bonus room has been used as a primary bedroom; Larger unit is currently vacant and available to show
