3 Beds

2 Baths

1,965 SqFt

Active

Check out this multi-generational home with 2- kitchens, 2- living areas, 3 - bedrooms over two floors with a private outside entrance. Updated electrical panel, roof approximately 2015, sewer line replaced 2019, radon system installed 2019, new water service to house, earthquake retrofitted. Tucked away minutes to Reed College, this exceptional home offers rare dual-living functionality and versatile spaces throughout. Welcoming you via fresh concrete steps and an arched entry, the main floor showcases refinished original oak hardwoods, abundant natural light and two high-efficiency fireplaces. The main kitchen boasts quartz countertops and a bright breakfast nook, while two generous bedrooms and a refreshed bathroom complete the upper main living quarters. Downstairs, a separate exterior entrance leads to a fully self-contained second living setup featuring a second kitchen, a third bedroom, multiple living and office spaces, a laundry room, and vast storage capacity.Multiple spaces offer flexible office and storage areas, the home easily adapts to multi-generational living, dual rental setups, or dedicated work-from-home lifestyles. The detached garage opens up great possibilities for future ADU development. Outdoors enjoy a private back yard, gazebo, patio and raised beds. Rare ample off-street parking with a three-car tandem driveway. Additional feature, Smart Protection with a Phillips security system, plus whimsical and artfully decorated touches throughout with original artwork and custom tiles. Best of Portland neighborhood eateries, coffee shops, local bars and taverns from the organic to the original, plus Avalon Microsanctuary (bunny and animal rescue) end of street and Trader Joe's two blocks away. Buyer due diligence on ADU options.

Property Details
Price $569,950
Bedrooms 3
Full Baths 2
Total Baths 2
Property Style MediterraneanMissionSpanish
Lot Size 4356
Acres 0.1
Stories 2
Features LaminateFlooring,TileFloor,WasherDryer,WoodFloors
Exterior Features CoveredPatio,Fenced,Garden,Porch,Yard
Year Built 1927
Fireplaces 2
Roof Composition
Heating ForcedAir
Foundation ConcretePerimeter
Lot Description Level,Private,Trees
Parking Description Driveway,OffStreet
Parking Spaces 1
Garage spaces 1
Geographic Data
Directions SE 39th east on Gladstone, south of Holgate
County Multnomah
Latitude 45.493574
Longitude -122.619466
Market Area _143
Address Information
Address 4115 SE GLADSTONE ST
Postal Code 97202
City Portland
State OR
Country United States
Listing Information
Listing Office Knipe Realty ERA Powered
Listing Agent Betsy Shand
Terms Cash,Conventional
Virtual Tour URL https://insight-filmhouse.aryeo.com/sites/eewnkno/unbranded
School Information
Elementary School Creston
Middle School Hosford
High School Franklin
MLS® Information
Days on market 23
MLS® Status Active
Listing Date Sep 3, 2026
Listing Last Modified Sep 26, 2026
Tax ID R332942
Tax Year 2025
Tax Annual Amount 5562
MLS® Area _143
MLS® # 145293075

Map View


Contact us about this listing

Your Name (required)

Your Email (required)

Subject (required)

Your Message (required)


This information is believed to be accurate, but without any warranty.