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Nataliya Zakharov

homes@nataliyarealestate.com +1(503) 358-8487

Listed by Keller Williams Realty Portland Premiere • 503-709-4632

$ 2,314,900

Est. payment -/mo

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6717 SE Gladstone ST Portland, OR 97206

5,808 SqFt

UPDATED:

Key Details

Property Type Multi-Family

Listing Status Active

Purchase Type For Sale

Square Footage 5,808 sqft

Price per Sqft $398

Subdivision Foster - Powell

MLS Listing ID 402846995

Year Built 2025

Tax Year 2025

Lot Size 10,018 Sqft

Property Description

Welcome to Gladstone St Cottages, a rare multifamily investment opportunity in SE Portland comprised of five fully detached new construction residences, each on its own individual tax lot with fee simple ownership. This configuration offers exceptional flexibility for long term hold investors, 1031 exchange buyers, or future unit by unit resale, an increasingly scarce asset type in the Portland market. The portfolio includes four 3 bedroom, 2.5 bathroom homes and one 2 bedroom, 2.5 bathroom home, with square footage ranging from approximately 980 to 1,225 square feet. All homes are designed to meet modern renter demand with open living layouts, in unit laundry, and separately metered utilities that support efficient operations and predictable expense control. One 3 bedroom home includes a private one car garage, driveway parking, and central air conditioning, while the remaining homes are equipped with energy efficient mini split systems providing heating and cooling. A landscaped shared courtyard enhances curb appeal, tenant privacy, and overall livability, supporting tenant retention and long term rental stability. The property is directly across the street from Kern Park, providing immediate access to green space and recreation, a highly valued amenity for tenants. Located in the Foster Powell neighborhood, one of SE Portland's most consistently desirable rental areas, the property benefits from strong tenant demand driven by walkability, proximity to neighborhood retail and dining, and convenient access to Woodstock, Division Clinton, downtown Portland, and I 205. This turn key portfolio supports multiple investment strategies, including long term hold, phased resale, or alternative rental approaches such as furnished or mid term housing, subject to buyer verification. Rare characteristics, detached homes, multiple tax lots, modern systems, and a supply constrained SE Portland location, combine to create a resilient investment well positioned for future upside.

Location

State OR

County Multnomah

Area _143

Zoning R5

Rooms

Basement Crawl Space

Interior

Heating Forced Air, Mini Split

Cooling Central Air, Mini Split

Exterior

Garage Spaces 1.0

View Trees Woods

Roof Type Composition

Garage No

Building

Lot Description Level

Story 2

Foundation Concrete Perimeter

Sewer Public Sewer

Water Public Water

Level or Stories 2

Schools

Elementary Schools Arleta

Middle Schools Kellogg

High Schools Franklin

Others

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Virtual Tour https://www.youtube.com/watch?v=5vtcurNknI4

Regional Multiple Listing Service (RMLS)

SCHOOLSPROPERTIES

Elementary Schools 20

9

Laurelhurst Elementary School

Public | KG - 8
8

Beverly Cleary School

Public | KG - 8
8

Sunnyside Environmental School

Public | KG - 8
8

Duniway Elementary School

Public | KG - 5
8

Richmond Elementary School

Public | PK - 5
8

Glencoe Elementary School

Public | KG - 5
7

Lewis Elementary School

Public | KG - 5
7

Woodstock Elementary School

Public | KG - 5
6

Ardenwald Elementary School

Public | KG - 5
6

Creston Elementary School

Public | KG - 8
6

Lewelling Elementary School

Public | KG - 5
6

Arleta Elementary School

Public | KG - 8
6

Portland Arthur Academy Charter School

Public | KG - 5
6

Cherry Park Elementary School

Public | KG - 5
5

Grout Elementary School

Public | KG - 5
5

Atkinson Elementary School

Public | KG - 5
5

Whitman Elementary School

Public | KG - 5
5

Marysville Elementary School

Public | KG - 8
5

Harrison Park Elementary School

Public | KG - 8
4

Woodmere Elementary School

Public | KG - 5

Middle Schools 7

7

Mt Tabor Middle School

Public | 6 - 8
7

Ron Russell Middle School

Public | 6 - 8
5

Hosford Middle School

Public | 6 - 8
5

Floyd Light Middle School

Public | 6 - 8
3

Lane Middle School

Public | 6 - 8
0

Pacific Crest Community School

Private | 6 - 12
0

Mt Scott Park Center for Learning

Private | 7 - 12

High Schools 4

7

Franklin High School

Public | 9 - 12
6

Cleveland High School

Public | 9 - 12
0

Portland Youth Builders

Private | 12 - 12
0

Portland Adventist Academy

Private | 9 - 12

School and business data provided by Attom Data.

Nataliya Zakharov

Agent

+1(503) 358-8487

Nataliya Zakharov

6717 SE Gladstone ST Portland, OR 97206

Key Details

Location

Rooms

Interior

Exterior

Building

Schools

Others

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6717 SE Gladstone ST