Welcome to polished new construction in Portland’s Reed neighborhood, where my 88 Bike Score and close proximity to Reed College create a compelling combination of daily convenience, lifestyle appeal, and investment potential. Restaurants, parks, neighborhood essentials, and Crystal Springs Rhododendron Garden are all nearby, while Woodstock, Brooklyn, and Westmoreland expand the options for coffee, dining, shopping, and recreation. Crafted by a local boutique builder known for refined interior detailing, signature illuminated crown molding, architectural built ins, and designer accent walls, I showcase distinctive character from the moment you enter. My kitchen pairs rich cabinetry with an intricate backsplash, floating shelves, and accent lighting that creates a warm, layered atmosphere. My open concept layout connects the kitchen to the dining and living areas, where a dramatic accent wall with built ins and soft ambient lighting establishes a stylish setting for everyday living and entertaining. On my lower level, a guest bathroom carries the design forward with moody tones and elegant tilework. Upstairs, my primary suite and spacious secondary bedroom feature perimeter lighting, soaring ceilings, and oversized windows that fill the rooms with natural light. My thoughtful bedroom separation and flexible layout work equally well for an owner occupant, roommates, or an investor seeking a property near Reed College. Outside, my private fenced yard and cozy patio offer space for morning coffee, gardening, pets, or evening gatherings. My setting balances a peaceful residential feel with convenient access to the destinations that make close in SE Portland so desirable. 100% financing may be available to qualified buyers; ask for details. My list price is subject to the buyer qualifying for Portland Housing Bureau’s System Development Charge Exemption Program, an initiative designed to promote affordable housing across the City of Portland.
Active
Price cut: $24.9K (9/19)
$325,000
5187 SE 28th Ave, Portland, OR 97202
2beds
880sqft
Residential, Condominium, Townhouse
Built in 2025
-- sqft lot
$-- Zestimate®
$369/sqft
$17/mo HOA
What's special
Private fenced yardRefined interior detailingArchitectural built insDesigner accent wallsFloating shelvesSignature illuminated crown moldingRich cabinetry
- 103 days
- 290
- 32
Zillow last checked:
Listing updated:
Listed by:
Darryl Bodle 503-709-4632,
Keller Williams Realty Portland Premiere,
Kelly Christian 908-328-1873,
Keller Williams Realty Portland Premiere
Source: RMLS (OR),MLS#: 319002896
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 2
- Bathrooms: 3
- Full bathrooms: 2
- Partial bathrooms: 1
- Main level bathrooms: 1
Rooms
- Room types: Laundry, Bedroom 2, Dining Room, Family Room, Kitchen, Living Room, Primary Bedroom
Primary bedroom
- Features: Ensuite, High Ceilings, Wallto Wall Carpet
- Level: Upper
- Area: 99
- Dimensions: 11 x 9
Bedroom 2
- Features: High Ceilings, Wallto Wall Carpet
- Level: Upper
- Area: 90
- Dimensions: 10 x 9
Dining room
- Features: Great Room, High Ceilings
- Level: Main
- Area: 104
- Dimensions: 13 x 8
Kitchen
- Features: Dishwasher, Disposal, Gourmet Kitchen, Great Room, Microwave, Free Standing Range, High Ceilings, Plumbed For Ice Maker, Solid Surface Countertop
- Level: Main
- Area: 120
- Width: 10
Living room
- Features: Builtin Features, Great Room, Patio, Sliding Doors, High Ceilings
- Level: Main
- Area: 120
- Dimensions: 12 x 10
Heating
- Forced Air, Mini Split
Cooling
- Heat Pump
Appliances
- Included: Dishwasher, Free-Standing Range, Microwave, Plumbed For Ice Maker, Stainless Steel Appliance(s), Disposal, Electric Water Heater, Tank Water Heater
- Laundry: Hookup Available
Features
- High Ceilings, Great Room, Gourmet Kitchen, Built-in Features
- Flooring: Wall to Wall Carpet
- Doors: Sliding Doors
- Windows: Double Pane Windows, Vinyl Frames
- Basement: Crawl Space
Interior area
- Total structure area: 880
- Total interior livable area: 880 sqft
Video & virtual tour
Property
Parking
- Parking features: On Street
- Has uncovered spaces: Yes
Accessibility
- Accessibility features: Natural Lighting, Accessibility
Features
- Stories: 2
- Patio & porch: Patio
- Exterior features: Dog Run, Yard
- Fencing: Fenced
- Has view: Yes
- View description: Territorial, Trees/Woods
Lot
- Features: Level
Details
- Parcel number: New Construction
- Zoning: RM1
Construction
Type & style
- Home type: Townhouse
- Architectural style: Contemporary
- Property subtype: Residential, Condominium, Townhouse
Materials
- Board & Batten Siding, Cement Siding, Lap Siding
- Foundation: Concrete Perimeter
- Roof: Composition
Condition
- New Construction
- New construction: Yes
- Year built: 2025
Details
- Warranty included: Yes
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & HOA
Community
- Subdivision: Reed
HOA
- Has HOA: Yes
- HOA fee: $17 monthly
Location
- Region: Portland
Financial & listing details
- Price per square foot: $369/sqft
- Tax assessed value: $111,520
- Annual tax amount: $1,266
- Date on market: 6/22/2026
- Listing terms: Cash,Conventional,VA Loan
- Road surface type: Paved
Estimated market value
Not available
Estimated sales range
Not available
Not available
Price history
| Date | Event | Price |
|---|---|---|
| 9/19/2026 | Price change | $325,000-7.1%$369/sqft |
Source: | ||
| 6/22/2026 | Listed for sale | $349,900$398/sqft |
Source: | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $1,266 | $46,970 |
Find assessor info on the county website
Monthly payment
Est. payment
Payment breakdown
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Neighborhood: Reed
Nearby schools
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.






