Portland, OR 97202,5170 SE 28th AVE
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Portland, OR 97202,5170 SE 28th AVE
Portland, OR 97202,5170 SE 28th AVE
Portland, OR 97202,5170 SE 28th AVE
Portland, OR 97202,5170 SE 28th AVE
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Nataliya Zakharov

Nataliya Zakharov

+1(503) 358-8487
Listed by Keller Williams Realty Portland Premiere • 503-709-4632
$ 3,599,900
Est. payment /mo
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Price Dropped by $50K

5170 SE 28th AVE Portland, OR 97202

8,706 SqFt

UPDATED:

Key Details

Property Type Multi-Family

Listing Status Active

Purchase Type For Sale

Square Footage 8,706 sqft

Price per Sqft $413

Subdivision Reed

MLS Listing ID 572806520

Year Built 2025

Lot Size 9,147 Sqft

Property Description

Nestled in the phenomenal Reed neighborhood with an impressive 88 BikeScore, this ten unit community is just steps from Reed College, making it the perfect choice for student housing or traditional rental housing with its sensational, multifaceted SE PDX location. With restaurants, parks, and the stunning Crystal Springs Rhododendron Garden nearby, it offers both convenience and charm. Step inside, and your future tenant will instantly feel the warmth and character. The open-concept design seamlessly connects the kitchens to the dining and living areas, where dramatic accent walls with built-ins and soft ambient lighting creates a stylish and inviting atmosphere. On the lower levels are guest baths dressed in moody tones and elegant tile work—because the smallest details greatly affect your return on investment. Upstairs, primary suites and spacious secondary bedrooms shine with perimeter lighting, soaring ceilings, and oversized windows that flood the bedrooms with natural light. Step outside to private, fenced yards, where cozy patios await for morning coffee or evening gatherings. With Reed College just around the corner and the vibrant neighborhoods of Woodstock, Brooklyn and Westmoreland less than a mile away,this location is perfectly situated for both relaxation, adventure and low vacancy rates. Between low maintenance costs due to the quality, new construction and a one-year builders warranty, you can rest assured your investment is safe. For investors exploring short-term rentals, each unit has the potential to gross as much as $5,000 per month, offering significant income upside in this high-demand area.

Location

State OR

County Multnomah

Area _143

Zoning RM1

Rooms

Basement Crawl Space

Interior

Heating Mini Split

Cooling Mini Split

Exterior

View Territorial, Trees Woods

Roof Type Composition

Garage No

Building

Story 2

Foundation Concrete Perimeter

Sewer Public Sewer

Water Public Water

Level or Stories 2

Schools

Elementary Schools Grout

Middle Schools Hosford

High Schools Cleveland

Others

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Virtual Tour https://youtu.be/-aQC82wHapY?feature=shared

Regional Multiple Listing Service (RMLS)
SCHOOLSPROPERTIES
Elementary Schools 20
  • 9

    Abernethy Elementary School

    Public | KG - 5

  • 9

    Winterhaven School

    Public | KG - 8

  • 9

    Laurelhurst Elementary School

    Public | KG - 8

  • 8

    Emerson School

    Public | KG - 5

  • 8

    Llewellyn Elementary School

    Public | KG - 5

  • 8

    Milwaukie Elementary School

    Public | KG - 5

  • 8

    Sunnyside Environmental School

    Public | KG - 8

  • 8

    Duniway Elementary School

    Public | KG - 5

  • 8

    Richmond Elementary School

    Public | PK - 5

  • 8

    Glencoe Elementary School

    Public | KG - 5

  • 7

    Lewis Elementary School

    Public | KG - 5

  • 7

    Woodstock Elementary School

    Public | KG - 5

  • 6

    Southwest Charter School

    Public | KG - 8

  • 6

    Ardenwald Elementary School

    Public | KG - 5

  • 6

    Creston Elementary School

    Public | KG - 8

  • 6

    Lewelling Elementary School

    Public | KG - 5

  • 6

    Arleta Elementary School

    Public | KG - 8

  • 5

    Buckman Arts Focus Elementary School

    Public | KG - 5

  • 5

    El Puente

    Public | KG - 5

  • 5

    Grout Elementary School

    Public | KG - 5

Middle Schools 7
  • 9

    Da Vinci Middle School

    Public | 6 - 8

  • 8

    Sellwood Middle School

    Public | 6 - 8

  • 7

    Mt Tabor Middle School

    Public | 6 - 8

  • 5

    Hosford Middle School

    Public | 6 - 8

  • 3

    Lane Middle School

    Public | 6 - 8

  • 0

    Pacific Crest Community School

    Private | 6 - 12

  • 0

    Mt Scott Park Center for Learning

    Private | 7 - 12

High Schools 9
  • 7

    Milwaukie Academy of the Arts

    Public | 9 - 12

  • 7

    Franklin High School

    Public | 9 - 12

  • 6

    Benson Polytechnic High School

    Public | 9 - 12

  • 6

    Cleveland High School

    Public | 9 - 12

  • 6

    Milwaukie High School

    Public | 9 - 12

  • 2

    Leadership and Entrepreneurship Public Charter High School

    Public | 9 - 12

  • 0

    St Marys Academy

    Private | 9 - 12

  • 0

    Yourth Progress Learning Center

    Private | 9 - 12

  • 0

    Central Catholic High School

    Private | 9 - 12

School and business data provided by Attom Data.
Nataliya Zakharov

Nataliya Zakharov

Agent

+1(503) 358-8487

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5170 SE 28th AVE