4737 SE 28th Ave, Portland, OR 97202

Portland
Local realty services provided by:ERA Freeman & Associates, Realtors
4737 SE 28th Ave,Portland, OR 97202
$695,000
  • - Beds
  • - Baths
  • 2,700 sq. ft.
  • Multi-family
  • Active
Listed by: sara lewis
Office: windermere realty trust503-636-5000
MLS#:385340385
Source:PORTLAND

Price summary

  • Price:$695,000
  • Price per sq. ft.:$257.41

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:252 day(s) ago
  • Updated:May 14, 2026 at 12:24 PM

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:$695,000
  • Price per sq. ft.:$257.41
  • Tax amount:$7,784 (2025)

Parking

  • Parking description:Off Site
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 ERA Freeman & Associates, Realtors 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: May 14, 2026

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