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4737 SE 28th Ave, Portland, OR 97202

Local realty services provided by:CENTURY 21 Agate Realty
4737 SE 28th Ave,Portland, OR 97202
$725,000
  • - Beds
  • - Baths
  • 2,700 sq. ft.
  • Multi-family
  • Active
Listed by: sara lewis
Office: windermere realty trust
MLS#:385340385
Source:PORTLAND

Price summary

  • Price:$725,000
  • Price per sq. ft.:$268.52

About this home

Charming duplex in the heart of the Reed College Neighborhood with a 6.76 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:148 day(s) ago
  • Updated:January 30, 2026 at 12:20 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:$725,000
  • Price per sq. ft.:$268.52
  • Tax amount:$7,784 (2025)
MLS LogoAll information provided is deemed reliable but is not guaranteed and should be independently verified. The content relating to real estate for sale on this web site comes in part from the IDX program of the RMLS of Portland Oregon. Real estate listings held by brokerage firms other than CENTURY 21 Agate Realty are marked with the RMLS logo and detailed information about these properties includes the names of the listing brokers. Copyright 2026 RMLS, Portland, Oregon. Last updated: January 30, 2026

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