4737 SE 28TH AVE, Portland, OR 97202

  • $700,000
  • $725,000

Overview

  • 2700 Sqft
    Property Size
  • 1944
    Year Built
  • MultiFamily
    Property Type
  • 385340385
    MLS#
  • 0.13 Acres
    Land Area
  • Windermere Realty Trust
    Office Name
  • Sara Lewis
    Agent Name

Description

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.

Details

Updated on March 13, 2026 at 7:12 am
  • MLS# 385340385
  • Price $700,000
  • Property Size 2700 Sqft
  • Land Area 0.13 Acres
  • Garage Size x x
  • Year Built 1944
  • Property Type MultiFamily
  • Property Status Active
  • Office Name Windermere Realty Trust
  • Agent Name Sara Lewis
  • Office Phone 503-636-5000

Additional details

  • Listing Terms Cash, Conventional
  • Roof Composition
  • Sewer Public Sewer
  • Heating Forced Air
  • County Multnomah
  • Property Type MultiFamily
  • Parking Off Site
  • Elementary School Grout
  • Middle School Hosford
  • High School Cleveland

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