4450 NE 38TH AVE

Portland, 97211

  • 11 Bed

  • 9 Bath

  • 4948 SqFt

  • 720 DOM

  • Built: 1942

  • Status: Off Market

$1,440,000

X

4450 NE 38TH AVE

Portland 97211

$1440000

  • 11 Bed

  • 9 Bath

  • 4948 SqFt

  • 720 DOM

  • Built: 1942

  • Status: Off Market

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Mohanraj Rajendran

Real Estate Agent

(503) 336-1515

Fantastic property located in NE Portland. 11 bedrooms, 5 full baths, and 4 half baths and 3 kitchens, one on each level. Updates with tasteful additions, and extremely well maintained. Investor opportunity with solid cash flow with an 8.56 cap rate. Rented fully as a care home. ADA friendly home, featuring accessibility amenities including an approach with ramp, accessible doors and hallways, main floor bedrooms with baths and walk in showers. High vaulted ceilings in back unit and lots of natural light on the upper floor and hardwoods throughout the main floor with many period details such as coved ceilings, two fireplaces and built-ins. All rooms are equipped with high end Mini-splits and energy efficient double pane vinyl windows. Great opportunity to own a high income producing property close to Wilshire Park, Beaumont Village and a short distance to Alberta Arts.

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Residence Information

  • 1696

  • 2244

  • 1008

  • 4948

  • TRIO

  • 3940

  • 2/Gas

  • 11

  • 5

  • 4

  • 9

  • Composition

  • English

  • Driveway,OnStreet

  • 3

  • 1942

  • No

  • WoodSiding

  • Finished,FullBasement,SeparateLivingQuartersApartmentAuxLivingUnit

  • Finished,FullBasemen

  • ConcretePerimeter

  • DoublePaneWindows,Vi

Features and Utilities

  • Dishwasher, FreeStandingRange, FreeStandingRefrigerator, RangeHood

  • HardwoodFloors, HeatedTileFloor, HighCeilings, Laundry, SeparateLivingQuartersApartmentAuxLivingUnit, Vau

  • Patio, Yard

  • Other

  • Electricity

  • MiniSplit

  • PublicSewer

  • Electricity

  • Electricity

Financial

  • 14187.57

  • 0

  • Cash,Conventional

  • 06-22-2023

  • 12000

  • No

  • No

Comparable Information

  • 720

  • 910

  • Cash,Conventional

  • $1,595,000

  • $1,440,000

  • Jun 10, 2025 16:16

Schools

Elementary : Vernon N/A Ratings
Middle : Vernon N/A Ratings
High : Jefferson N/A Ratings

Map

Listing courtesy of John L. Scott NE Portland.

The content relating to real estate for sale on this site comes in part from the IDX program of the RMLS of Portland, Oregon. Real Estate listings held by brokerage firms other than this firm are marked with the RMLS logo, and detailed information about these properties include the name of the listing's broker. Listing content is copyright © 2019 RMLS of Portland, Oregon. All information provided is deemed reliable but is not guaranteed and should be independently verified. Mohan Realty Group data last checked: Dec 18, 2025 01:50 | Listing last modified Jun 10, 2025 16:16. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.

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