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340 E Gloucester St

Gladstone, OR 97027
  • $525,000
  • STATUS: Active
  • ON SITE: 17 Days
  • MLS #: 200084342
Price Reduced
UPDATED: 68 min ago
$525,000
  • 3
    BEDS
  • 0.23
    ACRES
  • 2
    BATHS
  • 0
    1/2 BATHS
  • 1,834
    SQFT
  • $286
    $/SQFT
Neighborhood:
Type:
Single-Family Home
Built:
1954
County:

School Information

Elementary School:
Middle School:
High School:

Description

Opportunity knocks for the savvy buyer seeking both a comfortable residence and a reliable source of supplemental income. This four-bedroom, two-bathroom home in the heart of Gladstone pairs everyday livability with a permitted accessory dwelling unit, offering flexibility that few properties can match.The main residence has been freshly updated, featuring brand-new flooring on the main level and interior paint that lends a bright feel throughout. A standout sun room, complete with a sliding door, invites natural light indoors and provides a serene spot to enjoy a morning beverage or relax after a long day. The layout flows easily, balancing functional living space with a warm, inviting atmosphere. A separate studio apartment serves as the property's true differentiator. Whether you choose to generate rental income, accommodate additional occupants, or simply enjoy additional private quarters, this thoughtfully permitted unit expands the possibilities considerably—your future tenant may well become your favorite neighbor. Outdoors, a dedicated fire pit sets the stage for relaxed evenings beneath the open sky, while multiple storage sheds ensure ample room for tools, equipment, and seasonal belongings. The location is equally compelling. Situated near Max Patterson Park and a short distance from downtown Gladstone proper, residents enjoy convenient access to parks, schools, dining, and everyday shopping, all within a welcoming community setting.Properties offering this rare blend of comfort, income potential, and prime positioning are seldom available. Schedule your private viewing today.

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Listing content is copyright © 2026 RMLS™, Portland, Oregon. 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 Central Oregon Home Pros | KW are marked with the RMLS™ logo, and detailed information about these properties includes the names of the listing brokers. Data last updated 2026-07-11T18:54:18.153.Data deemed reliable but not guaranteed. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available. IDX information is provided exclusively for consumers’ personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All information provided is deemed reliable but is not guaranteed accurate by RMLS™ or Central Oregon Home Pros | KW and should be independently verified.
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340 E Gloucester St Gladstone, OR 97027

  • Price: $525,000
  • Status: Active
  • On Site: 17 Days
  • Updated: 68 min ago
  • MLS #: 200084342
3
Beds
2
Baths
0
½ Baths
0.23
Acres
1,834
SQFT
$286
$/SQFT
1954
Built
Neighborhood:
Downtown Gladstone
County:
Clackamas
Area:
145-Milwaukie, Gladstone, Happy Valley, Clckmas, Dmscus, Estacada
Elementary School:
John Wetten
Middle School:
Kraxberger
High School:
Gladstone
Property Description
Opportunity knocks for the savvy buyer seeking both a comfortable residence and a reliable source of supplemental income. This four-bedroom, two-bathroom home in the heart of Gladstone pairs everyday livability with a permitted accessory dwelling unit, offering flexibility that few properties can match.The main residence has been freshly updated, featuring brand-new flooring on the main level and interior paint that lends a bright feel throughout. A standout sun room, complete with a sliding door, invites natural light indoors and provides a serene spot to enjoy a morning beverage or relax after a long day. The layout flows easily, balancing functional living space with a warm, inviting atmosphere. A separate studio apartment serves as the property's true differentiator. Whether you choose to generate rental income, accommodate additional occupants, or simply enjoy additional private quarters, this thoughtfully permitted unit expands the possibilities considerably—your future tenant may well become your favorite neighbor. Outdoors, a dedicated fire pit sets the stage for relaxed evenings beneath the open sky, while multiple storage sheds ensure ample room for tools, equipment, and seasonal belongings. The location is equally compelling. Situated near Max Patterson Park and a short distance from downtown Gladstone proper, residents enjoy convenient access to parks, schools, dining, and everyday shopping, all within a welcoming community setting.Properties offering this rare blend of comfort, income potential, and prime positioning are seldom available. Schedule your private viewing today.
Exterior Features

Architectural Style Stories2 Ranch Attached Garage YN Yes Exterior Description Wood Siding Exterior Features Deck Fenced Guest Quarters RVParking RVBoat Storage Tool Shed Yard Garage Type Attached Lot Features Level Parking Features Driveway Parking Total 2 Road Surface Type Paved Roof Composition View YN No

Interior Features

Additional Room Description Sun Room Additional Room Level Main Additional Room2 Description Guest Quarters Additional Room2 Level Upper Appliances Free Standing Range Free Standing Refrigerator Microwave Basement Crawl Space Bathrooms Full Lower Level 0 Bathrooms Full Main Level 1 Bathrooms Full Upper Level 1 Bathrooms Partial Lower Level 0 Bathrooms Partial Main Level 0 Bathrooms Partial Upper Level 0 Cooling YN No Dining Room Level Main Fireplaces Total 0 Heating Radiant Heating YN Yes Interior Features Accessory Dwelling Unit Ceiling Fan Garage Door Opener High Ceilings Laminate Flooring Separate Living Quarters Apartment Aux Living Unit Skylight Tile Floor Wallto Wall Carpet Washer Dryer Kitchen11 Level Main Living Room Level Main Lower Level Area Total 0 Main Level Area Total 1184 Primary Bedroom Features Cont Double Closet Laminate Flooring Primary Bedroom Level Main Second Bedroom Features Cont Double Closet Laminate Flooring Second Bedroom Level Main Third Bedroom Features Cont Double Closet Laminate Flooring Third Bedroom Level Main Upper Level Area Total 650 Window Features Double Pane Windows

Property Features

Accessibility Features Garageon Main Minimal Steps Accessibility YN Yes Association YN No Bank Owned YN No Farm YN No Fuel Description Electricity Green Certification YN No Home Warranty YN No Hot Water Description Gas IDXAddress Display YN Yes Listing Terms Cash Conventional FHA VALoan New Construction YN No Property Attached YN No Property Condition Approximately Property Sub Type Single Family Residence RVDescription RVParking Senior Community YN No Sewer Public Sewer Short Sale YN No Tax Annual Amount 6390.47 Tax Year 2025 Water Source Public Water

Listing provided courtesy of Premiere Property Group, LLC: .


Listing content is copyright © 2026 RMLS™, Portland, Oregon. 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 Central Oregon Home Pros | KW are marked with the RMLS™ logo, and detailed information about these properties includes the names of the listing brokers. Data last updated 2026-07-11T18:54:18.153.Data deemed reliable but not guaranteed. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available. IDX information is provided exclusively for consumers’ personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All information provided is deemed reliable but is not guaranteed accurate by RMLS™ or Central Oregon Home Pros | KW and should be independently verified.
 
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