What a find! This fully updated turn key two unit bungalow offers prime location and income potential, just minutes away from the Woodstock/Reed College area. The main home features an owner's suite upstairs with full bath, two bedrooms, and additional full bath on the main level. Abundant light filled living spaces, cozy fireplace, wood floors, and high ceilings will make you feel right at home. The kitchen features granite counters, tile, SS appliances and ample storage. Enjoy entertaining and watching the sunset over the West Hills on the large deck above the attached garage. The fully permitted lower level ADU is a great investment opportunity with continued rental income potential, or possibly used as an Airbnb. This updated ADU features a large open living space with a gas fireplace, full kitchen, dining area, two large bedrooms and a full bathroom. Don't miss out on this incredible opportunity!
Sold
$705,000
4738 SE 28th Ave, Portland, OR 97202
5beds
2,512sqft
Multi Family
Built in 1922
-- sqft lot
$747,500 Zestimate®
$281/sqft
$2,417 Estimated rent
Home value
$747,500
$703,000 - $800,000
$2,417/mo
Zestimate® history
Owner options
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$2,417/mo
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$2,417/mo
Rent Zestimate®
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$4,309/mo
Est. payment
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$4,309/mo
Est. payment
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Zillow last checked:
Listing updated:
Listed by:
James Newman 503-334-6818,
Urban Nest Realty
Bought with:
Arthur Klassen, 201235233
Keller Williams PDX Central
Source: RMLS (OR),MLS#: 23286355
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 5
- Bathrooms: 3
- Full bathrooms: 3
Heating
- Forced Air, Fireplace(s)
Cooling
- None
Appliances
- Included: Washer/Dryer, Dishwasher, Refrigerator, Gas Water Heater
Features
- Flooring: Hardwood
- Basement: Exterior Entry,Finished,Separate Living Quarters Apartment Aux Living Unit
Interior area
- Total structure area: 2,512
- Total interior livable area: 2,512 sqft
Property
Parking
- Total spaces: 1
- Parking features: Attached, Garage
- Has garage: Yes
Features
- Stories: 3
- Patio & porch: Deck
Lot
- Features: Corner Lot, Secluded, Trees, SqFt 3000 to 4999
Details
- Parcel number: R662137
- Zoning: R2.5
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Materials
- Lap Siding, Shingle Siding
- Foundation: Concrete Perimeter
- Roof: Composition
Condition
- Updated/Remodeled
- Year built: 1922
Utilities & green energy
- Gas: Gas
- Sewer: Public Sewer
- Water: Public
Community & neighborhood
Location
- Region: Portland
HOA & financial
Other financial information
- Total actual rent: 1400
Other
Other facts
- Listing terms: Cash,Conventional
- Road surface type: Paved
Price history
| Date | Event | Price |
|---|---|---|
| 9/8/2023 | Sold | $705,000+0.7%$281/sqft |
Source:  RMLS (OR) #23286355 Report a problem | ||
| 8/12/2023 | Pending sale | $699,900$279/sqft |
Source: RMLS (OR) #23513527 Report a problem | ||
| 8/3/2023 | Listed for sale | $699,900+40%$279/sqft |
Source: RMLS (OR) #23286355 Report a problem | ||
| 1/8/2015 | Sold | $499,900+77%$199/sqft |
Source: RMLS (OR) #14485935 Report a problem | ||
| 6/1/2013 | Listing removed | $282,500$112/sqft |
Source: Fairplay Realty Elite #13641404 Report a problem | ||
| 4/29/2013 | Price change | $282,500-0.9%$112/sqft |
Source: Fairplay Realty Elite #13641404 Report a problem | ||
| 4/10/2013 | Listed for sale | $285,000$113/sqft |
Source: Fairplay Realty Elite #13641404 Report a problem | ||
Public tax history
Tax history is unavailable.
Neighborhood: Reed
Nearby schools
GreatSchools rating
- 9/10Grout Elementary SchoolGrades: K-5Distance: 0.3 mi
- 8/10Hosford Middle SchoolGrades: 6-8Distance: 1.2 mi
- 7/10Cleveland High SchoolGrades: 9-12Distance: 0.7 mi
Schools provided by the listing agent
- Elementary: Grout
- 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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Estimated market value
$747,500
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
$747,500
- Oregon
- Multnomah County
- Portland
- 97202
- Reed
- 4738 SE 28th Ave
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