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4737 SE 28TH AVE

Portland, OR 97202
Square Ft.
2,700
Active
Multifamily
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$700,000
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… Read MoreRead Less
Listing courtesy of Windermere Realty Trust.
Listing Snapshot
Days Online
197
Last Updated
Square Ft.
2,700
Lot Size
0.13 Acres
Year Built
1944
MLS Number
385340385
30 Days Snapshot Of 97202
$623k
+5%
(avg) sold price
29
+38%
homes sold
39
-39%
(avg) days on market
Snapshot
Area Map
Additional Details
Unit One
Area: 1600, Actual Rent: $2,650, Features: Deck, HardwoodFloors, Range, WasherDryerHookup, Units Total: 1, 2 total bathrooms, 4 total bedroom
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 Scheduled: 11614, Operating Expense: $11,614
Exterior Features
Exterior Description: Brick, LapSiding
Foundation
Foundation Details: Slab
Heating
Heating: ForcedAir
Income
CAP Rate: 5.85, Gross Income: $52,560, Gross Rent Multiplier: 13.32, Gross Scheduled Income: $57,600, Net Operating Income: $40,946, Net Scheduled Income: 45986
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: $7,784, Legal Description, Tax Year: 2025
Unit Two
Actual Rent: $1,730, 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.