4737 SE 28th Ave, Portland, OR 97202

Local realty services provided by:CENTURY 21 Agate Realty
4737 SE 28th Ave,Portland, OR 97202
$700,000
  • - Beds
  • - Baths
  • 2,700 sq. ft.
  • Multi-family
  • Active
Listed by: sara lewis
Office: windermere realty trust
MLS#:385340385
Source:PORTLAND

Price summary

  • Price:$700,000
  • Price per sq. ft.:$259.26

About this home

Charming duplex in the heart of the Reed College Neighborhood with a nearly 6% cap rate and room for improvement. Upstairs unit is 4 bedrooms/2 bath with a brand new deck, hardwood floors, gas fireplace & extensive recent improvements including new appliances. 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. Operating expenses do not include property management fee.

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Home facts

  • Year built:1944
  • Listing ID #:385340385
  • Added:195 day(s) ago
  • Updated:March 18, 2026 at 11:17 AM

Rooms and interior

  • Basement Description:Daylight, Finished, Full Basement
  • 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
  • Lot Features:Level, On Busline, Sloped
  • Foundation Description:Slab
  • Levels:3 Stories

Schools

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

Utilities

  • Water:Public Water
  • Sewer:Public Sewer

Finances and disclosures

  • Price:$700,000
  • Price per sq. ft.:$259.26
  • Tax amount:$7,784 (2025)

Parking

  • Parking description:Off Site
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