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%.
Active
Price cut: $50K (9/30)
$750,000
4737 SE 28th Ave, Portland, OR 97202
6beds
2,700sqft
Est.:
Multi Family
Built in 1944
-- sqft lot
$-- Zestimate®
$278/sqft
$-- HOA
What's special
Gas fireplaceBrand new deckHardwood floors
- 32 days |
- 546 |
- 14 |
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