4737 SE 28th Ave, Portland, OR 97202

Local realty services provided by:Better Homes and Gardens Real Estate Equinox
4737 SE 28th Ave,Portland, OR 97202
$800,000
  • - Beds
  • - Baths
  • 2,700 sq. ft.
  • Multi-family
  • Active
Listed by:sara lewis
Office:windermere realty trust
MLS#:385340385
Source:PORTLAND

Price summary

  • Price:$800,000
  • Price per sq. ft.:$296.3

About this home

Charming duplex in the heart of the Reed College Neighborhood with a 6.34 cap rate. Upstairs unit is 4 bedrooms/2 bath with a brand new deck, hardwood floors & gas fireplace. Lower unit is 2 bedroom/2 bath and remodeled in 2011. Both units have laundry. All siding was just replaced & painted. Great rents and extremely low vacancy rates. Please do not disturb tenants and make offers subject to interior inspection. Upstairs unit is on a lease through 10/31/25, downstairs unit is on month to month. Operating expenses include a monthly property management fee of 6%.

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Home facts

  • Year built:1944
  • Listing ID #:385340385
  • Added:1 day(s) ago
  • Updated:September 05, 2025 at 06:19 PM

Rooms and interior

  • Living area:2,700 sq. ft.

Heating and cooling

  • Heating:Forced Air

Structure and exterior

  • Roof:Composition
  • Year built:1944
  • Building area:2,700 sq. ft.
  • Lot area:0.13 Acres

Schools

  • High school:Cleveland
  • Middle school:Hosford
  • Elementary school:Grout

Utilities

  • Water:Public Water
  • Sewer:Public Sewer

Finances and disclosures

  • Price:$800,000
  • Price per sq. ft.:$296.3
  • Tax amount:$7,504 (2024)
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