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17920 Oatfield Rd, Gladstone, OR 97027

$824,900

7 Photos

Property 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 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.

17920 Oatfield Rd | MLS# 525424409

This multi-family property located at 17920 Oatfield Rd, Gladstone, OR 97027 is currently listed for sale with an asking price of $824,900. Search Gladstone real estate on www.bendpremierrealestate.com today.

Property Features

Property Type: Multi Unit - Multiple
Basement: CrawlSpace
Cooling: Other
Fuel Type: Gas
Heating: Forced Air
Lot Size: 7,840
Roof Type: Composition
Stories: 2.0
Taxes: $7,145
Year Built: 1993
Square Feet: 2,648

Units

Unit Type 1:
Bathroom(s): 3
Bedrooms: 2
Features: Dishwasher, Disposal, WasherDryer
Rent: $2446.00
Square Footage: 1324
Total Units: 1
Unit Type 2:
Bathroom(s): 3
Bedrooms: 2
Features: Dishwasher, Disposal, WasherDryer
Rent: $2438.00
Square Footage: 1324
Total Units: 1

Feature Descriptions

Days on Site: 16
Exterior: Cement Siding, Lap Siding
Gross Income: $61680.00 (Actual)
Hot Water: Gas
Lot: Level
Lot Dimensions: 7840
Net Income: $3587.00 (Actual)
Operating Expenses: $58093.00 (Actual)
Parking: Attached, Driveway
Parking Notes: Attached, Driveway
Sewer: Public Sewer
Special View Info: Trees/Woods
Storage: Garage
Units: 2
Water: Public Water

Local Schools

High School: Gladstone
Middle School: Kraxberger
Elementary School: John Wetten

Listed By / Shown By

Listed By

Agency Name: Tree City Real Estate
Agency Contact: Lizbeth@treecityhomes.com

Shown By

Agency Title: Bend Premier Real Estate
Agency Phone: 541-323-2779

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Estimated Payment

$ 5,007.16 per month $4,171.14 Principal & Interest $595.42 Property Tax $240.60 Homeowner's Insurance

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