4738 SE 28th Ave, Portland, OR 97202
SOLDSEP 8, 2023

4738 SE 28th Ave
Portland, OR 97202

Reed
  • 5 Beds
  • 3 Baths
  • 2,512 sqft
  • 5 Beds
  • 3 Baths
  • 2,512 sqft

$705,000

Last Sold: Sep 8, 2023
1% over list $700K
$281/sqft
Est. Refi. Payment $4,349/mo*

Homes for Sale Near 4738 SE 28th Ave

Local Information

map showing home location
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-- mins to
Commute Destination

Description

This property is no longer available to rent or to buy. This description is from September 11, 2023
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!

Home Highlights

Parking
Garage
Outdoor
Deck
A/C
Heating only
HOA
None
Price/Sqft
$281/sqft
Listed
180+ days ago
Last check for updates: 1 day ago
Listed by James Newman, (503) 334-6818
Urban Nest Realty
Bought with: Arthur Klassen, (971) 201-1500, Keller Williams PDX Central
Source: RMLS (OR), MLS#23286355

Home Details for 4738 SE 28th Ave

Active Status

MLS Status: Sold

Interior Features

Interior Details
Basement: Exterior Entry,Finished,Separate Living Quarters Apartment Aux Living Unit
Beds & Baths
Number of Bedrooms: 5Number of Bathrooms: 3
Dimensions and Layout
Living Area: 2512 Square Feet
Appliances & Utilities
Appliances: Washer/Dryer, Dishwasher, Refrigerator, Gas Water HeaterDishwasherRefrigerator
Heating & Cooling
Heating: Forced Air,Fireplace(s)No CoolingAir Conditioning: NoneHas HeatingHeating Fuel: Forced Air
Gas & Electric
Gas: Gas
Windows, Doors, Floors & Walls
Flooring: Hardwood
Levels, Entrance, & Accessibility
Stories: 3Floors: Hardwood
View
No View

Exterior Features

Exterior Home Features
Roof: CompositionPatio / Porch: DeckFoundation: Concrete Perimeter
Parking & Garage
Number of Garage Spaces: 1Number of Covered Spaces: 1No CarportHas a GarageNo Attached GarageParking Spaces: 1Parking: Attached,Garage
Frontage
Road Surface Type: Paved
Water & Sewer
Sewer: Public Sewer

Property Information

Year Built
Year Built: 1922
Property Type / Style
Property Type: Residential IncomeProperty Subtype: Multi Family
Building
Construction Materials: Lap Siding, Shingle SidingNot Attached Property
Property Information
Condition: Updated/RemodeledParcel Number: R662137

Price & Status

Price
List Price: $699,900Price Per Sqft: $281/sqft
Status Change & Dates
Off Market Date: Fri Aug 11 2023

Location

Direction & Address
City: Portland
School Information
Elementary School: GroutJr High / Middle School: HosfordHigh School: Cleveland

Building

Building Area
Building Area: 2512 Square Feet

Community

Units in Building: 2

Offer

Listing Terms: Cash, Conventional

Compensation

Buyer Agency Commission: 2.5Buyer Agency Commission Type: %
Notes
The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed

Rental

Rent Includes: Trash Collection

Miscellaneous

BasementMls Number: 23286355

Price History for 4738 SE 28th Ave

DatePriceEventSource
09/08/2023$705,000Sold
RMLS (OR) #23286355
08/12/2023$699,900PendingRMLS (OR) #23513527
08/03/2023$699,900Listed For SaleRMLS (OR) #23286355
01/08/2015$499,900Sold
RMLS (OR) #14485935
06/01/2013$282,500ListingRemovedAgent Provided
04/29/2013$282,500PriceChange
Agent Provided
04/10/2013$285,000Listed For SaleAgent Provided

Comparable Sales for 4738 SE 28th Ave

Address
Distance
Property Type
Sold Price
Sold Date
Bed
Bath
Sqft
0.42
Multi-Family Home
$585,000
02/02/24
4
2
1,632
0.79
Multi-Family Home
$831,673
12/22/23
5
3
3,920
0.71
Multi-Family Home
$560,000
06/09/23
4
2
1,650
0.65
Multi-Family Home
$665,000
12/12/23
3
2
1,314
0.99
Multi-Family Home
$718,350
05/02/23
4
3
3,304
0.93
Multi-Family Home
$840,000
02/27/24
4
2
3,132
0.72
Multi-Family Home
$405,500
09/15/23
4
2
1,480

Assigned Schools

These are the assigned schools for 4738 SE 28th Ave.
GreatSchools ratings are based on test scores and additional metrics when available.
Check with the applicable school district prior to making a decision based on these schools. Learn more.

Neighborhood Overview

See Local Highlights
Neighborhood stats provided by third party data sources.

What Locals Say about Reed

  • Trulia User
    "My commute is fairly easy and direct when it comes to being able to get around to the places that occur on a daily basis and I would like prices that are sustainable and require very little complication to be accepted into considering that I have an excellent credit rating. I am looking for options, and price and availability to meet my needs without a lot of complications. "
    0
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  • Trulia User
    "Suburbs of Portland. Clean and green. Great for those who want to avoid city noises, be close to decent restaurants and friendly neighbors. "
    0
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  • Rdmcq
    "Next door to beautiful wildlife area and lectures, concerts at Reed College. Lots of trees. Quiet. Near Woodstock Community restaurants and grocery and Trader Joes."
    2
    Flag
  • Holly J.
    "Friendly, active, diverse neighborhood. Lived here 16 years, and knew neighbors by name, helped each other. Easy Trimet, walking, biking, no car needed. Families, dogs, and fun Reed college events and kids."
    0
    Flag
  • Aaron M.
    "This neighborhood is great because it's close to everything in Portland. It is walking distance to grocery stores, restaurants, pubs,..., but it's quiet. It doesn't have cars all over the street like the other near by neighborhoods. This is also the newest, 70 years old, neighborhood in Portland proper. This may not mean much to some, but it's good because these homes were built after there were building codes, but before everything was prefab."
    2
    Flag

LGBTQ Local Legal Protections

The content relating to real estate for sale on this web site comes in part from the IDX program of the RMLS™ of Portland, Oregon. Real estate listings held by brokerage firms other than Zillow, Inc. are marked with the RMLS™ logo, and detailed information about these properties includes the names of the listing brokers. Listing content is copyright © 2024 RMLS™, Portland, Oregon. This content last updated on 2024-04-02 07:40:16 PDT. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available. All information provided is deemed reliable but is not guaranteed and should be independently verified.
The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed.

Homes for Rent Near 4738 SE 28th Ave

Off Market Homes Near 4738 SE 28th Ave

4738 SE 28th Ave, Portland, OR 97202 is a 5 bedroom, 3 bathroom, 2,512 sqft multi-family built in 1922. 4738 SE 28th Ave is located in Reed, Portland. This property is not currently available for sale. 4738 SE 28th Ave was last sold on Sep 8, 2023 for $705,000 (1% higher than the asking price of $699,900). The current Trulia Estimate for 4738 SE 28th Ave is $718,700.