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Listing provided courtesy of Windermere Realty Trust- MLS# 697584216MLS ProviderContact Information: [email protected]

4737 SE 28TH AVEPortland, OR 97202

Single Family · 6 Beds · 3 Full Baths · 2,600 Sq. ft. | 0.13 Acres
$675,000 Active

4737 SE 28TH AVE Overview

Time on Site:
298 days
Visits:
16

Charming duplex in the heart of the Reed College Neighborhood, live in one unit & rent the other. Upstairs unit is 4 bedrooms/2 bath with a new deck, hardwoods & gas fireplace. Lower unit is 2 bedroom/2 bath and updated in 2011. Both units have laundry. All siding was recently 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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4737 SE 28TH AVE Facts & Features

  • Type Single Family
  • Sq. ft. 2,600
  • Price/Sq.ft. $260
  • Lot 0.13 Acres

Details

General

School Information

  • Elementary School: Grout
  • Middle Or Junior School: Hosford
  • High School: Cleveland

Building Information

  • Year Built: 1944

Location/Region

  • Country: US
  • County Or Parish: Multnomah
  • MLS Area Major: 143 - Portland Southeast

Tax Information

  • Tax Annual Amount: 7783.58
  • Tax Year: 2025

General Information

  • Disclosures: Disclosure
  • Listing Terms: Cash,Conventional
  • Parcel Number: R591049
  • Property Condition: Updated/Remodeled
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Zoning: R2.5

Interior

Parking Information

  • Garage Spaces: 0

Beds/Baths

  • Bathrooms Full: 3
  • Bathrooms Partial: 0
  • Bathrooms Total: 3
  • Bedrooms Total: 6

Building Interior

  • Building Area Total: 2600.0

General Information

  • Accessibility Features: Main Floor Bedroom w/Bath
  • Appliances: Dishwasher,Free-Standing Range,Free-Standing Refrigerator,Range Hood
  • Basement: Finished,Full Basement,Separate Living Quarters/Apartment/Aux Living Unit
  • Fireplace Features: Gas
  • Fireplaces Total: 1
  • Foundation Details: Slab
  • Heating: Forced Air
  • Interior Features: Hardwood Floors,Laundry,Vinyl Floor,Wall to Wall Carpet,Washer/Dryer
  • Stories: 3
  • Window Features: Vinyl Frames,Wood Frames

Exterior

Parking Information

  • Parking Total: 0

Lot Information

  • Lot Features: Level,On Busline,Sloped
  • Lot Size Acres: 0.13
  • Lot Size Square Feet: 5662.0
  • Road Surface Type: Paved
  • Water Source: Public Water

Building Exterior/Construction

  • Architectural Style: Traditional
  • Roof: Composition

General Information

  • Exterior Features: Deck,Patio,Yard
  • Sewer: Public Sewer

4737 SE 28TH AVE Neighborhood

Community

97202 (Portland) Demographics

37
Median Age
5,954
Population Density (per sq. mile)
66%
College Educated
$86,351
Estimated Median Income
9,199
Estimated Total Home Owners
8,995
Estimated Total Renters
51% / 49%
Estimated Owner / Renter Divide
2
Estimated Average Household Size
Community data courtesy of LiveBy, Inc.

Schools

School data courtesy of LiveBy, Inc. School ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating.

4737 SE 28TH AVE Monthly Cost

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* All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

4737 SE 28TH AVE Market Data

Based on the last 30 days in this zip code

$731,346
Average List Price
$363
Average Price per Square Foot
38
Properties Sold
70
Average Days on Market
147
Properties for Sale
Calculations provided by Reliance Network

4737 SE 28TH AVE History

Date Event Value Agent
6/19/2026Source: Regional MLS Price Reduction
$675,000 -2.9%
6/19/2026Source: Regional MLS Price Reduction
$675,000 -2.9%
5/3/2026Source: Regional MLS Price Reduction
$695,000 -0.7%
5/3/2026Source: Regional MLS Price Reduction
$695,000 -0.7%
2/20/2026Source: Regional MLS Price Reduction
$700,000 -3.4%
2/20/2026Source: Regional MLS Price Reduction
$700,000 -3.4%
1/26/2026Source: Regional MLS Price Reduction
$725,000 -3.3%
1/26/2026Source: Regional MLS Price Reduction
$725,000 -3.3%
9/30/2025Source: Regional MLS Price Reduction
$750,000 -6.2%
9/30/2025Source: Regional MLS Price Reduction
$750,000 -6.2%
9/5/2025Source: Regional MLS Added to Database
September 05, 2025
9/3/2025Source: Regional MLS Added to Database
September 03, 2025