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4737 SE 28TH AVE

Portland, OR 97202
Square Ft.
2,700
Active
Multifamily
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$800,000
Charming duplex in the heart of the Reed College Neighborhood. Upstairs unit is 4 bedrooms/2 bath with a new deck. Lower unit is 2 bedroom/2 bath and remodeled in 2011. Both units have laundry. All siding was recently replaced & painted. Great rents and extremely low vacancy rates. Please do… Read MoreRead Less
Listing courtesy of Windermere Realty Trust.
Listing Snapshot
Days Online
1
Last Updated
Square Ft.
2,700
Lot Size
0.13 Acres
Year Built
1944
MLS Number
385340385
30 Days Snapshot Of 97202
$707k
0%
(avg) sold price
43
-6%
homes sold
34
0%
(avg) days on market
Snapshot
Area Map
Additional Details
Property Access
Road Surface Type: Paved
Basement
Basement: Daylight, Finished, FullBasement
Building
Building Area Total: 2700, Built in 1944, Stories: 3, Unit Type Type: UnitTypeType1, UnitTypeType2
Expenses
Operating Expense: $15,063
Exterior Features
Exterior Description: Brick, LapSiding
Foundation
Foundation Details: Slab
Heating
Heating: ForcedAir
Income
CAP Rate: 6.34, Gross Income: $58,260, Gross Rent Multiplier: 13.73, Net Operating Income: $50,700
Lot
Features: Level, OnBusline, Sloped, Size Acres: 0.13, Size Range: SqFt5000to6999, Size Square Feet: 5,662, Size: 5,000 to 6,999 SqFt
Miscellaneous
Investor Information: AnnualPropertyOperationData, Leases, MaintenanceRecordsAvailable, ProfitLossStatement
Parking
Features: OffSite
Property
Number Of Units Total: 2, Property Condition: UpdatedRemodeled, Zoning: R2.5
Roof
Roof: Composition
Sewer
Sewer: PublicSewer
Taxes
Annual Amount: $7,504, Legal Description, Tax Year: 2024
Unit One
Actual Rent: $3,050, Area: 1600, Features: Deck, HardwoodFloors, Range, WasherDryerHookup, Units Total: 1, 2 total bathrooms, 4 total bedroom
Unit Two
Actual Rent: $1,805, Area: 1100, Features: Dishwasher, Range, Refrigerator, WasherDryerHookup, Units Total: 1, 1 total bathroom, 2 total bedroom
Utilities
Fuel Description: Gas, Hot Water Description: Gas, Internet Service Type: Cable, Water Source: PublicWater
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Erika George and Kari McGee
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Schools In The Area

Check out nearby schools with ratings and contact info.
Grout Elementary School 503-916-6209 Public EE-5
Hosford Middle School 503-916-5640 Public 6-8
Cleveland High School 503-916-5120 Public 9-12
Grout Elementary School 503-916-6209 Public EE-5
Hosford Middle School 503-916-5640 Public 6-8
Cleveland High School 503-916-5120 Public 9-12

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This content last updated on . Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.