About 4737 Se 28th Ave
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%.
Features of 4737 Se 28th Ave
| MLS® # | 697584216 |
|---|---|
| Price | $750,000 |
| Bedrooms | 6 |
| Bathrooms | 3.00 |
| Full Baths | 3 |
| Square Footage | 2,600 |
| Acres | 0.13 |
| Year Built | 1944 |
| Type | Residential |
| Sub-Type | Single Family Residence |
| Style | Traditional |
| Status | Active |
Community Information
| Address | 4737 Se 28th Ave |
|---|---|
| Area | 143 - Portland Southeast |
| City | Portland |
| County | Multnomah |
| State | OR |
| Zip Code | 97202 |
Amenities
| Is Waterfront | No |
|---|---|
| Has Pool | No |
Interior
| Interior Features | Hardwood Floors, Laundry, Vinyl Floor, Wall to Wall Carpet, Washer/Dryer |
|---|---|
| Appliances | Dishwasher, Free-Standing Range, Free-Standing Refrigerator, Range Hood |
| Heating | Forced Air |
| Fireplace | Yes |
| # of Fireplaces | 1 |
| Fireplaces | Gas |
| # of Stories | 3 |
| Has Basement | Yes |
| Basement | Finished, Full Basement, Separate Living Quarters/Apartment/Aux Living Unit |
Exterior
| Exterior | Brick, Lap Siding |
|---|---|
| Exterior Features | Deck, Patio, Yard |
| Lot Description | Level, On Busline, Sloped |
| Windows | Vinyl Frames, Wood Frames |
| Roof | Composition |
| Foundation | Slab |
School Information
| Elementary | Grout |
|---|---|
| Middle | Hosford |
| High | Cleveland |
Additional Information
| Date Listed | September 5th, 2025 |
|---|---|
| Days on Market | 60 |
| Zoning | R2.5 |
| Short Sale | No |
| RE / Bank Owned | No |
Listing Details
| Office | Windermere Realty Trust |
|---|---|
| Contact Info | saralewis@windermere.com |