Rare triplex opportunity in the desirable Hollywood/Grant Park neighborhood. Built in 1927 and approximately 4,309 sq ft, the property features two spacious side-by-side upper units and a large lower unit (lower unit may be dividable into two), delivering flexible income potential. Thoughtful floorplates, a common laundry room and assigned off-street parking complement the building’s historic charm and strong curb appeal. Superb walkability to Grant Park, the Beverly Cleary Sculpture Garden and the Hollywood District’s restaurants, shops and transit; close to area medical centers. Excellent value for an investor. Tenant bill backs for utilities in place.
Sold
$988,000
1902 NE 38th Ave, Portland, OR 97212
7beds
4,420sqft
Multi Family
Built in 1927
-- sqft lot
$992,700 Zestimate®
$224/sqft
$2,549 Estimated rent
Home value
$992,700
$933,000 - $1.06M
$2,549/mo
Zestimate® history
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List your homeWhat's special
Large lower unitAssigned off-street parkingCommon laundry roomStrong curb appealSpacious side-by-side upper units
Zillow last checked:
Listing updated:
Listed by:
Ben Droukas PC Ben@bbrepdx.com,
Windermere Realty Trust,
Amy Walsh 408-761-0036,
Windermere Realty Trust
Bought with:
OR and WA Non Rmls, NA
Non Rmls Broker
Source: RMLS (OR),MLS#: 350278988
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 7
- Bathrooms: 4
- Full bathrooms: 4
Heating
- Baseboard, Mini Split, Zoned, Fireplace(s)
Cooling
- Central Air, Air Conditioning
Appliances
- Included: Range, Electric Water Heater
- Laundry: Common Area, Washer Dryer Hookup
Features
- Flooring: Hardwood
- Basement: Finished,Full
Interior area
- Total structure area: 4,420
- Total interior livable area: 4,420 sqft
Property
Parking
- Total spaces: 6
- Parking features: Assigned, Driveway
- Has uncovered spaces: Yes
Features
- Stories: 2
Lot
- Size: 5,227 sqft
- Features: Corner Lot, Level, Private, SqFt 5000 to 6999
Details
- Parcel number: R262702
- Zoning: RM1
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Materials
- Vinyl Siding
- Roof: Composition
Condition
- Existing
- Year built: 1927
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & neighborhood
Community
- Community features: Central Air, Laundry
Location
- Region: Portland
HOA & financial
Other financial information
- Total actual rent: 5937
Other
Other facts
- Listing terms: Cash,Conventional,FHA,VA Loan
- Road surface type: Paved
Price history
| Date | Event | Price |
|---|---|---|
| 2/17/2026 | Sold | $988,000-8.1%$224/sqft |
Source:  RMLS (OR) #350278988 Report a problem | ||
| 1/13/2026 | Pending sale | $1,075,000$243/sqft |
Source: RMLS (OR) #350278988 Report a problem | ||
| 9/30/2025 | Listed for sale | $1,075,000+20.4%$243/sqft |
Source: RMLS (OR) #350278988 Report a problem | ||
| 11/19/2019 | Sold | $893,000-3.5%$202/sqft |
Source: RMLS (OR) #19175989 Report a problem | ||
| 10/15/2019 | Pending sale | $925,000$209/sqft |
Source: Equity Pacific Real Estate LLC #19175989 Report a problem | ||
| 10/4/2019 | Price change | $925,000-2.6%$209/sqft |
Source: Equity Pacific Real Estate LLC #19175989 Report a problem | ||
| 8/30/2019 | Price change | $950,000-4%$215/sqft |
Source: Equity Pacific Real Estate LLC #19175989 Report a problem | ||
| 8/18/2019 | Listed for sale | $990,000$224/sqft |
Source: Equity Pacific Real Estate LLC #19175989 Report a problem | ||
Public tax history
Tax history is unavailable.
Neighborhood: Hollywood
Nearby schools
GreatSchools rating
- 10/10Beverly Cleary SchoolGrades: K-8Distance: 0.4 mi
- 9/10Grant High SchoolGrades: 9-12Distance: 0.2 mi
Schools provided by the listing agent
- Elementary: Beverly Cleary
- Middle: Beverly Cleary
- High: Grant
Source: RMLS (OR). This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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Estimated market value
$992,700
Get a cash offer in 3 minutes
Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
Estimated market value
$992,700
- Oregon
- Multnomah County
- Portland
- 97212
- Hollywood
- 1902 NE 38th Ave
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