Fantastic opportunity. Two homes on 1 lot. Located in popular Alberta Arts District. Charming 1925 Bungalow and separate ADU. 4738 NE 27th is 1925 Bungalow. Currently vacant but recently was rented for $1,975. 2726 NE Wygant is a separate ADU built in 2017. 800 square feet. 2 bedrooms. 1 & 1/2 baths. Laminate and carpet floors.This property has close proximity to the Alberta Arts District with a multitude of restaurants, shops, art galleries, etc. Walk score of 88 . Bike score of 99. Home Energy score for 4738 NE 27th is an 8. Home energy score for 2726 NE Wygant is a 10! [Home Energy Score = 8. HES Report at https://rpt.greenbuildingregistry.com/hes/OR10219146]
Sold
$780,000
4738 NE 27th Ave, Portland, OR 97211
4beds
1,884sqft
Multi Family
Built in 1925
-- sqft lot
$792,400 Zestimate®
$414/sqft
$2,643 Estimated rent
Home value
$792,400
$737,000 - $856,000
$2,643/mo
Zestimate® history
Owner options
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$2,643/mo
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$2,643/mo
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$4,768/mo
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Zillow last checked:
Listing updated:
Listed by:
Ed Medak 503-516-7264,
Medak Realty
Bought with:
Aaron Majors, 200307086
Majors Real Estate
Source: RMLS (OR),MLS#: 23177641
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 3
- Full bathrooms: 2
- Partial bathrooms: 1
Heating
- Forced Air 95 Plus, Fireplace(s)
Cooling
- Air Conditioning
Appliances
- Included: Dishwasher, Microwave, Refrigerator, Electric Water Heater
Features
- Basement: Partially Finished,Storage Space
Interior area
- Total structure area: 1,884
- Total interior livable area: 1,884 sqft
Property
Parking
- Total spaces: 3
- Parking features: Garage
- Has garage: Yes
Features
- Stories: 1
Lot
- Features: Corner Lot, Level, SqFt 3000 to 4999
Details
- Parcel number: R155726
- Zoning: R5
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Materials
- Cement Siding
- Foundation: Concrete Perimeter, Slab
- Roof: Composition
Condition
- Approximately
- Year built: 1925
Utilities & green energy
- Gas: Gas
- Sewer: Public Sewer
- Water: Public
Community & neighborhood
Location
- Region: Portland
- Subdivision: Alberta Arts District
HOA & financial
Other financial information
- Total actual rent: 1925
Other
Other facts
- Listing terms: Cash,Conventional
- Road surface type: Paved
Price history
| Date | Event | Price |
|---|---|---|
| 8/21/2025 | Listing removed | $2,395$1/sqft |
Source: Zillow Rentals Report a problem | ||
| 8/8/2025 | Listed for rent | $2,395+21.3%$1/sqft |
Source: Zillow Rentals Report a problem | ||
| 8/31/2023 | Sold | $780,000-1.9%$414/sqft |
Source:  RMLS (OR) #23177641 Report a problem | ||
| 8/5/2023 | Pending sale | $795,000$422/sqft |
Source: RMLS (OR) #23177641 Report a problem | ||
| 6/30/2023 | Listed for sale | $795,000$422/sqft |
Source: RMLS (OR) #23213188 Report a problem | ||
| 3/23/2023 | Listing removed | -- |
Source: Zillow Rentals Report a problem | ||
| 3/16/2023 | Listed for rent | $1,975$1/sqft |
Source: Zillow Rentals Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $6,570 +3.7% | $243,820 +3% |
| 2024 | $6,334 +4% | $236,720 +3% |
| 2023 | $6,090 +2.2% | $229,830 +3% |
| 2022 | $5,958 +1.7% | $223,140 +3% |
| 2021 | $5,858 +9% | $216,650 +3% |
| 2020 | $5,374 +3.8% | $210,340 +3% |
| 2019 | $5,176 | $204,220 +3% |
| 2018 | $5,176 +3% | $198,280 +3% |
| 2017 | $5,024 +180.6% | $192,510 +153.5% |
| 2016 | $1,790 | $75,940 +3% |
| 2015 | $1,790 +2.7% | $73,730 +3% |
| 2014 | $1,743 +3.9% | $71,590 +3% |
| 2013 | $1,678 +10.5% | $69,510 +3% |
| 2012 | $1,518 +3.9% | $67,490 +3% |
| 2011 | $1,461 +5.4% | $65,530 +3% |
| 2010 | $1,386 +2.7% | $63,630 +3% |
| 2009 | $1,350 +6% | $61,780 +3% |
| 2008 | $1,274 +0.3% | $59,990 +3% |
| 2007 | $1,270 +11.3% | $58,250 +3% |
| 2006 | $1,141 +4.7% | $56,560 +3% |
| 2005 | $1,090 -8.2% | $54,920 +3% |
| 2004 | $1,187 +2.3% | $53,330 +3% |
| 2003 | $1,161 +8.9% | $51,780 +3% |
| 2002 | $1,066 +7.4% | $50,280 +6.1% |
| 2000 | $993 | $47,400 |
Find assessor info on the county website
Neighborhood: Concordia
Nearby schools
GreatSchools rating
- 9/10Vernon Elementary SchoolGrades: PK-8Distance: 0.5 mi
- 5/10Jefferson High SchoolGrades: 9-12Distance: 1.7 mi
- 4/10Leodis V. McDaniel High SchoolGrades: 9-12Distance: 2.9 mi
Schools provided by the listing agent
- Elementary: Vernon
- Middle: Vernon
- High: Jefferson
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
$792,400
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
$792,400
- Oregon
- Multnomah County
- Portland
- 97211
- Concordia
- 4738 NE 27th Ave
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