4737 SE 28TH AVE

Portland, 97202

  • 6 Bed

  • 3 Bath

  • 2700 SqFt

  • 40 DOM

  • Built: 1944

  • Status: Active

$750,000

Price cut: $50K (09-30-2025)

X

4737 SE 28TH AVE

Portland 97202

$750000

Price cut: $50K (09-30-2025)

  • 6 Bed

  • 3 Bath

  • 2700 SqFt

  • 40 DOM

  • Built: 1944

  • Status: Active

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Request Tour, Ask a Question or Start an Offer

Mohanraj Rajendran

Real Estate Agent

(503) 336-1515

Charming duplex in the heart of the Reed College Neighborhood with a 6.76 cap rate. Upstairs unit is 4 bedrooms/2 bath with a brand new deck, hardwood floors & gas fireplace. 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. Upstairs unit is on a lease through 10/31/25, downstairs unit is on month to month. Operating expenses include a monthly property management fee of 6%.

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Residence Information

  • 2700

  • 6

  • 3

  • Composition

  • OffSite

  • 3

  • 1944

  • No

  • Brick, LapSiding

  • Daylight,Finished,FullBasement

  • Daylight,Finished,Fu

  • Slab

Features and Utilities

  • Gas

  • ForcedAir

  • PublicSewer

  • Gas

  • Gas

Financial

  • 7503.83

  • Water

  • Cash,Conventional

  • 09-03-2025

  • No

  • No

Comparable Information

  • 40

  • 50

  • Cash,Conventional

  • $800,000

  • $750,000

  • Oct 13, 2025 01:26

Schools

Elementary : Grout N/A Ratings
Middle : Hosford N/A Ratings
High : Cleveland N/A Ratings

Map

Listing courtesy of Windermere Realty Trust.

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: Oct 23, 2025 13:57 | Listing last modified Oct 13, 2025 01:26. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.

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