Prime investment opportunity! This well-kept Creston/Reed College duplex offers excellent flexibility for both owner-occupants and investors. Each unit features 2 bedrooms and 1 bathroom, with access to separate laundry and individual storage rooms. One unit is currently vacant and move-in ready, showcasing fresh paint, new carpet, and updated flooring. Ideally located just minutes from Reed College, Trader Joe’s, and local favorites, plus close to Creston and Kenilworth Parks for outdoor enjoyment. Whether you’re looking to live in one unit and rent the other, or add a solid asset to your portfolio, this duplex checks the boxes.
Sold
$500,000
4207-4209 SE 27th Ave, Portland, OR 97202
4beds
1,612sqft
Multi Family
Built in 1967
-- sqft lot
$-- Zestimate®
$310/sqft
$3,408 Estimated rent
Home value
Not available
Estimated sales range
Not available
$3,408/mo
Zestimate® history
Owner options
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$3,408/mo
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$3,408/mo
Rent Zestimate®
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$3,102/mo
Est. payment
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$3,102/mo
Est. payment
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List your homeWhat's special
Updated flooringFresh paintSeparate laundryIndividual storage roomsNew carpet
Zillow last checked:
Listing updated:
Listed by:
Benson Bui bensonbui28@gmail.com,
Real Broker
Bought with:
Andrew Galler CRS, 200112048
Realty Works Group
Source: RMLS (OR),MLS#: 153099421
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 2
- Full bathrooms: 2
Heating
- Baseboard
Cooling
- None
Appliances
- Included: Dishwasher, Range, Refrigerator, Washer/Dryer, Electric Water Heater
- Laundry: Common Area
Features
- Basement: Crawl Space,Partial,Unfinished,Storage Space
Interior area
- Total structure area: 1,612
- Total interior livable area: 1,612 sqft
Property
Parking
- Parking features: Off Street
Features
- Stories: 1
- Has view: Yes
- View description: Territorial, Trees/Woods
Lot
- Size: 5,227 sqft
- Features: Level, SqFt 5000 to 6999
Details
- Parcel number: R195854
- Zoning: R5
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Materials
- Wood Siding
- Foundation: Concrete Perimeter
- Roof: Composition
Condition
- Approximately
- Year built: 1967
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & neighborhood
Community
- Community features: All Landscaping, Commons, Laundry
Location
- Region: Portland
HOA & financial
Other financial information
- Total actual rent: 1500
Other
Other facts
- Listing terms: Cash,Conventional,FHA
- Road surface type: Concrete, Paved
Price history
| Date | Event | Price |
|---|---|---|
| 1/8/2026 | Sold | $500,000-3.8%$310/sqft |
Source:  RMLS (OR) #153099421 Report a problem | ||
| 11/8/2025 | Pending sale | $520,000$323/sqft |
Source: RMLS (OR) #153099421 Report a problem | ||
| 10/2/2025 | Price change | $520,000-5.5%$323/sqft |
Source: RMLS (OR) #153099421 Report a problem | ||
| 9/10/2025 | Price change | $550,000-5.2%$341/sqft |
Source: RMLS (OR) #153099421 Report a problem | ||
| 8/6/2025 | Listed for sale | $580,000+300%$360/sqft |
Source: RMLS (OR) #153099421 Report a problem | ||
| 1/2/2001 | Sold | $145,000+6.2%$90/sqft |
Source: Public Record Report a problem | ||
| 3/24/1998 | Sold | $136,500$85/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $6,458 +3.7% | $239,670 +3% |
| 2024 | $6,226 +4% | $232,690 +3% |
| 2023 | $5,987 +2.2% | $225,920 +3% |
| 2022 | $5,857 +1.7% | $219,340 +3% |
| 2021 | $5,758 +9% | $212,960 +3% |
| 2020 | $5,282 +3.8% | $206,760 +3% |
| 2019 | $5,088 | $200,740 +3% |
| 2018 | $5,088 +3% | $194,900 +3% |
| 2017 | $4,938 +14% | $189,230 +3% |
| 2016 | $4,332 | $183,720 +3% |
| 2015 | $4,332 +2.7% | $178,370 +3% |
| 2014 | $4,218 +3.9% | $173,180 +3% |
| 2013 | $4,058 +12.6% | $168,140 +3% |
| 2012 | $3,603 +9.7% | $163,250 +3% |
| 2011 | $3,284 -2% | $158,500 +3% |
| 2010 | $3,352 +2.7% | $153,890 +3% |
| 2009 | $3,264 +6% | $149,410 +3% |
| 2008 | $3,080 +0.3% | $145,060 +3% |
| 2007 | $3,071 +11.4% | $140,840 +3% |
| 2006 | $2,758 +4.7% | $136,740 +3% |
| 2005 | $2,634 -8.2% | $132,760 +3% |
| 2004 | $2,869 +4.8% | $128,900 +3% |
| 2003 | $2,739 +6.3% | $125,150 +3% |
| 2002 | $2,577 +7.8% | $121,510 +6.1% |
| 2000 | $2,390 | $114,550 |
Find assessor info on the county website
Neighborhood: Creston-Kenilworth
Nearby schools
GreatSchools rating
- 9/10Grout Elementary SchoolGrades: K-5Distance: 0.3 mi
- 8/10Hosford Middle SchoolGrades: 6-8Distance: 0.9 mi
- 7/10Cleveland High SchoolGrades: 9-12Distance: 0.4 mi
Schools provided by the listing agent
- Elementary: Llewellyn
- Middle: Hosford
- High: Cleveland
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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- Oregon
- Multnomah County
- Portland
- 97202
- Creston-Kenilworth
- 4207-4209 SE 27th Ave
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