5020 SE 38th Ave, Portland, OR 97202
FOR SALE

5020 SE 38th Ave
Portland, OR 97202

Reed
  • 8 Beds
  • 8 Baths
  • 3,225 sqft
  • 8 Beds
  • 8 Baths
  • 3,225 sqft

$1,599,900

Est. Mortgage $9,775/mo*

Local Information

map showing home location
© Google
-- mins to
Commute Destination

Description

NEW gorgeous 4plex with idyllic Reed location, blocks from popular Woodstock + Eastmoreland shops, eateries + parks! Thoughtfully designed + flooded with light this impeccable open concept plex boasts (4) - 2bed/1.1 bath units with high-end features, tall ceilings + neutral designer tones! Quality can be seen throughout with a custom kitchen featuring tile, impressive slab counters, SS appliances + expansive windows! These units live large with elevated designs incorporated throughout. Bolster your investment portfolio with amazing quality+ peace of mind within an ideal location plus enjoy a Builder Warranty! Can be purchased as a package. 4 total 4-unit buildings, side by side of identical caliber of finish and quality!

Home Highlights

Parking
No Info
Outdoor
No Info
A/C
Heating & Cooling
HOA
None
Price/Sqft
$496
Listed
180+ days ago
Last check for updates: about 13 hours ago
Listing courtesy of Darryl Bodle, (503) 709-4632
Keller Williams Realty Portland Premiere
Kelly Christian, (908) 328-1873
Keller Williams Realty Portland Premiere
Source: RMLS (OR), MLS#23659245

Home Details for 5020 SE 38th Ave

Active Status

MLS Status: Active

Interior Features

Interior Details
Basement: Crawl Space
Beds & Baths
Number of Bedrooms: 8Number of Bathrooms: 8
Dimensions and Layout
Living Area: 3225 Square Feet
Appliances & Utilities
Appliances: Dishwasher, Microwave, Range, Electric Water HeaterDishwasherMicrowave
Heating & Cooling
Heating: Mini SplitHas CoolingAir Conditioning: Heat Pump,Air ConditioningHas HeatingHeating Fuel: Mini Split
Levels, Entrance, & Accessibility
Stories: 2
View
Has a ViewView: Trees/Woods

Exterior Features

Exterior Home Features
Foundation: Concrete Perimeter
Parking & Garage
No Attached Garage
Frontage
Road Surface Type: Paved
Water & Sewer
Sewer: Public Sewer

Days on Market

Days on Market: 180+

Property Information

Year Built
Year Built: 2023
Property Type / Style
Property Type: Residential IncomeProperty Subtype: Multi Family
Building
Construction Materials: Cement SidingNot Attached Property
Property Information
Condition: Under ConstructionParcel Number: R245874

Price & Status

Price
List Price: $1,599,900Price Per Sqft: $496

Location

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

Agent Information

Listing Agent
Listing ID: 23659245

Building

Building Area
Building Area: 3225 Square Feet

Offer

Listing Terms: Cash, Conventional

Compensation

Buyer Agency Commission: 2.25Buyer 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: Sewer, Water

Miscellaneous

Mls Number: 23659245

Price History for 5020 SE 38th Ave

DatePriceEventSource
01/09/2024$1,599,900Listed For SaleRMLS (OR) #23659245
01/01/1994$205,450Sold
N/A

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Property Taxes and Assessment

Year2023
Tax$2,145
Assessment$275,000
Home facts updated by county records

Comparable Sales for 5020 SE 38th Ave

Address
Distance
Property Type
Sold Price
Sold Date
Bed
Bath
Sqft
0.19
Multi-Family Home
$405,500
09/15/23
4
2
1,480
0.50
Multi-Family Home
$843,000
10/25/23
4
3
2,766
0.68
Multi-Family Home
$705,000
09/08/23
5
3
2,512
0.43
Multi-Family Home
$1,905,000
11/16/23
5
3
8,324
0.55
Multi-Family Home
$665,000
12/12/23
3
2
1,314
0.73
Multi-Family Home
$585,000
02/02/24
4
2
1,632
0.92
Multi-Family Home
$740,000
04/19/24
5
3
2,030
1.15
Multi-Family Home
$1,224,000
08/31/23
6
4
2,668

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
    Flag
  • 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
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LGBTQ Local Legal Protections

Darryl Bodle, Keller Williams Realty Portland Premiere
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.
5020 SE 38th Ave, Portland, OR 97202 is a 8 bedroom, 8 bathroom, 3,225 sqft multi-family built in 2023. 5020 SE 38th Ave is located in Reed, Portland. This property is currently available for sale and was listed by RMLS (OR) on Jan 9, 2024. The MLS # for this home is MLS# 23659245.