4737 SE 28th Ave, Portland, OR 97202
Local realty services provided by:CENTURY 21 Northstar
4737 SE 28th Ave,Portland, OR 97202
$750,000
- - Beds
- - Baths
- 2,700 sq. ft.
- Multi-family
- Active
Listed by: sara lewis
Office: windermere realty trust
MLS#:385340385
Source:PORTLAND
Price summary
- Price:$750,000
- Price per sq. ft.:$277.78
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:102 day(s) ago
- Updated:December 15, 2025 at 12:19 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:$750,000
- Price per sq. ft.:$277.78
- Tax amount:$7,784 (2025)
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