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6729 SE Gladstone St, Portland, OR, 97206

2beds
3baths
980sqft
$369,900
$377price/sqft
$2,443/moest. monthly cost
$97,720/yrincome needed

About This Home

Built by a multi-year Street of Dreams builder and Builder of the Year award winner by the Home Building Association, I am a brand new detached home in a cottage cluster in Foster-Powell, thoughtfully crafted with quality, efficiency, and long term durability in mind. I offer two bedrooms and two and a half baths, including a convenient half bath on the main floor. My open concept main level blends living, dining, and kitchen spaces seamlessly, while tall ceilings and oversized windows bring in abundant natural light. The kitchen is designed for gathering and everyday function, featuring solid surface countertops, custom cabinetry, a tiled backsplash, and stainless steel appliances. A slider off the living room opens to a private fenced patio and outdoor space, creating an easy extension of the main level for relaxing or entertaining. Upstairs, you’ll find two comfortable bedrooms, including a spacious primary suite with private ensuite bath, plus a centrally located laundry area positioned between the bedrooms for added convenience. Fresh landscaping and modern curb appeal create a strong first impression. Unlike many new construction homes, I am not a condo, there is no HOA, and you own the underlying lot outright. My list price is for buyers eligible for Portland Housing Bureau’s System Development Charge Exemption SDC, an initiative promoting affordable housing across the City of Portland. If you’re not familiar with the program, contact my people; they’re experts and happy to guide you. Located approximately 0.1 miles from Kern Park, with a Walk Score of 86 and Bike Score of 99, I am approximately 0.4 miles to Heartbreaker Neighborhood Kitchen, 0.3 miles to Pieper Café, 0.5 miles to Assembly Brewing, and 0.4 miles to Hammer and Stitch Coffee Roasters. Modern, efficient, and full of character, I am ready to welcome you home.

Getting Around

80
WalkingVery Walkable
49
TransitSome Transit
100
BikeBiker's Paradise

Schools

9/10
Arleta Elementary SchoolGrades K-50.5 mi
5/10
Kellogg Middle SchoolGrades 6-80.4 mi
6/10
Franklin High SchoolGrades 9-120.9 mi

Construction

Condition

  • Property condition: New Construction
  • New construction: Yes
  • Year built: 2025

Materials

  • Foundation: Concrete Perimeter
  • Roof: Composition
  • Construction materials: Board & Batten Siding,Cement Siding,Lap Siding

Type & Style

  • Home type: SingleFamily
  • Architectural style: Contemporary,Cottage
  • Property subType: Residential,Single Family Residence

Interior

Appliances

  • Appliances included: Dishwasher,Disposal,Free-Standing Range,Microwave,Plumbed For Ice Maker,Stainless Steel Appliance(s),Electric Water Heater
  • Laundry features: Laundry Room

Basement

  • Basement: Crawl Space

Bedroom2

  • Features: High Ceilings
  • Level: Upper
  • Area: 121

Bedrooms & Bathrooms

  • Bedrooms: 2
  • Bathrooms: 3
  • Full bathrooms: 2
  • Partial bathrooms: 1
  • Main level bathrooms: 1

Dining Room

  • Features: Great Room
  • Level: Main
  • Area: 56

Features

  • High Ceilings,Great Room,Gourmet Kitchen
  • Window features: Double Pane Windows,Vinyl Frames
  • Flooring: Wall to Wall Carpet

Heating & Cooling

  • Heating features: Mini Split
  • Cooling features: Heat Pump

Interior Area

  • Total structure area: 980
  • Total interior livable area: 980 sqft

Kitchen

  • Features: Dishwasher, Gourmet Kitchen, Great Room, Microwave,Free Standing Range, High Ceilings, Solid Surface Countertop
  • Level: Main
  • Area: 130

Living Room

  • Features: Great Room,High Ceilings
  • Level: Main
  • Area: 99

Master Bedroom

  • Features: Ensuite, High Ceilings
  • Level: Upper
  • Area: 144

Property

Accessibility

  • Accessibility features: Natural Lighting,Accessibility

Details

  • Parcel number: New Construction
  • Zoning: R5

Features

  • Stories: 2
  • Patio & porch: Patio
  • Exterior features: Yard
  • Fencing: Fenced
  • Has view: Yes
  • View description: Trees/Woods

Lot

  • Lot size: 1,219 sqft
  • Features: Level,SqFt 0K to 2999
  • Lot size dimensions: 22.5 x 50

Parking

  • Parking features: On Street
  • Has uncovered spaces: Yes

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Earthquake
    EarthquakeRelatively High
  • Cold Wave
    Cold WaveModerate
  • Heat Wave
    Heat WaveModerate

How This Home’s Risks Compare

Earthquake
Cold Wave
Heat Wave

FEMA Declared Disasters in Multnomah County and Oregon

Flood
Mud Landslide
Severe Storm
Straight Line Winds
Winter Storm

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $1,870$22,440
Home Insurance *$83$996
Property Taxes $314$3,768
Electricity $176$2,119
Total$2,443$29,316
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$83,760/yr
40% on housing$73,290/yr
45% on housing$65,146/yr

Oregon FAIR Plan Programs

Oregon FAIR Plan Association

Covered
WildfireWildfire
Add-on available
HailHail
WindWind
Visit Website →
Current Policies
Residential: 2,377Commercial: 170
Total Premiums$3.07M
Total Exposure$840.98M

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 4.7%
4.7%
0%30.0%
Electricity Growth Rate10-year average: 2.0%
2.0%
0%15.0%
Property Taxes Growth Rate2-year average: 1.6%
1.6%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$377This listing

vs Other Active Listings

Avg $/sqft

ZIP 97206$229
Multnomah County$244

vs Homes Sold Last Month

Median $/sqft

ZIP 97206$323
Multnomah County$288

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

Price History

DateEventPrice
2026-02-27Price change$379,900
2025-12-22Listed for sale$389,900

New Construction

AgentDarryl Bodle
BrokerageKeller Williams Realty Portland Premiere

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