4035 SE 28TH PL Portland, OR $ 799,000
4035 SE 28TH PL
$ 799,000
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4035 SE 28TH PL

Portland, OR, 97202
$ 799,000
Bedrooms-- Baths-- Sq 2,999
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Property for Rent in Portland, OR

for $799,000. This 2,999 square foot property was built in 1912.

PRICE IMPROVEMENT to align with current market. Prime CM1-zoned property in the heart of SE Portland, offering excellent potential for office, live/work, or small business use. The classic Craftsman exterior makes a strong first impression with its inviting front porch and iconic columns, while the interior features built-ins, richly detailed millwork, and fir floors that add character and warmth. Currently used for residential living.The main and upper levels provide multiple private offices/meeting rooms, updated kitchen and bath facilities, and flexible open spaces. The lower level, with separate exterior access, includes a full bath, an office/bonus room, and built-in cabinets with sink—ideal for a breakroom, studio, or the foundation for a future kitchenette.Located on tree-lined streets with excellent walkability (Walk Score 77 / Bike Score 96), this property blends historic charm with practical functionality—an attractive opportunity for entrepreneurs, investors, or owner-users. Buyer to verify permitted uses under CM1 zoning.

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Rental Pending

Price

$ 799,000

Taxes

$ 8,113

Style

Office

Year Built

1912

Town/City

Portland

County/Region

Multnomah

MLS | Web ID

755916710

Features
General
Sewer PublicSewer
Heating ForcedAir
Cooling None
Roof Composition
Zoning CM1
Construction Materials ShingleSiding WoodSiding
Year Built 1912
Stories Count 3
Property Subtype Office
Tax Year 2024
Current Use Other
Parcel Number R195561
Gross Income 0
County Multnomah
Operating Expense 0
Property Type CommercialSale
HOA N
Status Pending
Directions Between Powell and Holgate. On the corner of 28th Pl and Gladstone
City Portland
MLS Area _143
Listing Terms Cash Conventional
Tax Annual Amount 8113.06
Property Condition Existing
Lease Type None
Standard Status Pending
Accessory Dwelling Unit Y/N N
Legal Description KENILWORTH BLOCK 3 LOT 10
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Exterior
Parking Features OnStreet
Water Source PublicWater
Total Parking 1.0
Building Area Total 2999.0
Road Surface Type Paved
Other Equipment SmokeDetector
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Internal Only
Street Number 1 4035
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* Excluded Features
List By
The Agency Portland

Broker

maureen@maureenhotchkiss.com

Email

Nearby
1949264 Elementary School
1949174 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
11/8/2025$799,000 -3.15% Price Down
10/17/2025$825,000 -1.67% Price Down
10/3/2025$839,000 -2.33% Price Down
9/19/2025$859,000 Listed Price

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4035 SE 28TH PL, Portland, OR, 97202 is a Property for Rent at $799,000 with 2,999 sqft. 4035 SE 28TH PL was built in 1912. The property's zip code is 97202 which is in Portland, OR