Active

Price cut: $19.1K (7/7)

$619,900

4720 SE 37th Ave, Portland, OR 97202

3beds

1,260sqft

Get pre-qualified

Multi Family

Built in 1954

-- sqft lot

$-- Zestimate^®

$492/sqft

$-- HOA

What's special

Bamboo floorsOff street parkingTile floorsStack washer and dryers

Screaming deal at new price! Well maintained mid-century duplex in near Reed College. Solid earner, strong rents, generous sq ft and attractive upgrades. One 1 bedroom unit and one 2 bedroom unit. Both units feature bamboo floors, dishwashers, stack washer and dryers, tile floors and private front and back doors.. The two bedroom unit has sliding glass doors in the second bedroom. The one bedroom unit features a mini-split. Off street parking. Quiet residential block close to public transportation and amenities. This no drama property is both a great first venture into multifamily rentals and a perfect addition to an investment portfolio. Please do not disturb tenants. Offer contingent on interior inspection. This one is a no brainer.

61 days

479

12

Loading...

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 3
Bathrooms: 2
Full bathrooms: 2

Heating

Baseboard, Mini Split

Cooling

Air Conditioning

Appliances

Included: Dishwasher, Refrigerator, Washer/Dryer, Electric Water Heater

Features

Flooring: Hardwood
Basement: Crawl Space

Interior area

Total structure area: 1,260
Total interior livable area: 1,260 sqft

Property

Parking

Total spaces: 2
Parking features: Driveway
Has uncovered spaces: Yes

Features

Stories: 1

Lot

Features: Level, SqFt 3000 to 4999

Details

Parcel number: R206357
Zoning: 2.5

Construction

Type & style

Home type: MultiFamily
Property subtype: Multi Family

Materials

Cement Siding
Foundation: Slab
Roof: Composition

Condition

Approximately
Year built: 1954

Utilities & green energy

Sewer: Public Sewer
Water: Public

Community & HOA

Community

Features: All Landscaping
Subdivision: Reed College

Location

Region: Portland

Financial & listing details

Price per square foot: $492/sqft
Annual tax amount: $4,532
Date on market: 5/8/2026
Listing terms: Cash,Conventional
Total actual rent: 3550
Road surface type: Paved

Estimated market value

Not available

Estimated sales range

Not available

Price history

Date	Event	Price
7/7/2026	Price change	$619,900-3%$492/sqft
Source: RMLS (OR) #558643141 Report a problem
5/8/2026	Listed for sale	$639,000+197.3%$507/sqft
Source: RMLS (OR) #558643141 Report a problem
2/27/2017	Listing removed	$1,200$1/sqft
Source: Zillow Rental Manager Report a problem
2/22/2017	Listed for rent	$1,200$1/sqft
Source: Zillow Rental Manager Report a problem
1/16/2010	Listing removed	$214,900$171/sqft
Source: The Hasson Company #9035476 Report a problem
11/8/2009	Price change	$214,900-14%$171/sqft
Source: The Hasson Company #9035476 Report a problem
10/26/2009	Listed for sale	$250,000$198/sqft
Source: The Hasson Company #9035476 Report a problem

Public tax history

Tax history is unavailable.

Monthly payment

Est. payment

Payment breakdown

Explore the cost of this home by adjusting the details. Changes won't be saved.

All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.

HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.

Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.

See how much you could borrow to make a competitive offer.

Get pre-qualified