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6717 Gladstone St
Portland, OR 97206
2 & 3 Bed Cottage Cluster in Foster-Powell · Multifamily Property For Sale
·
6 Units
INVESTMENT HIGHLIGHTS
- Detached cottage cluster with landscaped common space
- Each unit is individually metered, with A/C & W/D hookups
- One home includes an attached one car garage with driveway
EXECUTIVE SUMMARY
Welcome to 6719 SE Gladstone St, an exceptional investment opportunity in the heart of SE Portland. This offering includes six fully detached, new construction homes, each on its own individual tax lot, with fee-simple ownership, no HOA, and no shared walls — a rare and flexible asset for the savvy investor. The portfolio features four 3 bed / 2.5 bath homes and two 2 bed / 2.5 bath homes, all thoughtfully designed with modern finishes, open-concept living spaces, in-unit laundry, and individual utility meters. One 3-bedroom home includes a private 1-car garage, driveway, and central air conditioning, while the remaining five homes are equipped with energy-efficient mini-split A/C systems. A lushly landscaped common space between the homes adds curb appeal and a sense of privacy, enhancing tenant livability and retention. Perfectly positioned in one of Portland’s most desirable rental corridors, tenants will enjoy quick access to the vibrant neighborhoods of Woodstock, Foster-Powell, and Division/Clinton. Walkable to New Seasons Market, Portland Mercado, Hopworks Urban Brewery, Mt. Scott Park, and public transit options. Easy commute to Reed College, downtown Portland, and I-205. This turn-key portfolio is ideal for long-term investors, 1031 exchange buyers, or those seeking flexibility in resale or rental strategy — including furnished or mid-term rentals (buyer to verify). Extremely rare: 6 fee-simple detached homes, each on its own tax lot, no HOA, A/C in every unit, and a high-demand SE Portland location.
PROPERTY FACTS
| Price Per Unit | $651,406 CAD | Lot Size | 0.23 AC |
| Sale Type | Investment | Building Size | 6,788 SF |
| No. Units | 6 | Average Occupancy | 0% |
| Property Type | Multifamily | No. Stories | 2 |
| Property Subtype | Apartment | Year Built | 2025 |
| Apartment Style | Single-Family Home | Parking Ratio | 0.15/1,000 SF |
| Building Class | B | ||
| Zoning | R5 | ||
| Price Per Unit | $651,406 CAD |
| Sale Type | Investment |
| No. Units | 6 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Single-Family Home |
| Building Class | B |
| Lot Size | 0.23 AC |
| Building Size | 6,788 SF |
| Average Occupancy | 0% |
| No. Stories | 2 |
| Year Built | 2025 |
| Parking Ratio | 0.15/1,000 SF |
| Zoning | R5 |
AMENITIES
UNIT AMENITIES
- Air Conditioning
- Dishwasher
- Disposal
- Microwave
- Washer/Dryer Hookup
- Ice Maker
- Yard
- Double Pane Windows
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| 3+2.5 | 1 | $4,886 CAD | 1,225 |
| 3+2.5 | 3 | $4,188 CAD | 1,201 |
| 2+2.5 | 2 | $3,769 CAD | 980 |
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