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4720/4724 SE 37TH AVE Portland, OR $ 639,000
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4720/4724 SE 37TH AVE
$ 639,000
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4720/4724 SE 37TH AVE

Portland, OR, 97202
$ 639,000
Bedrooms3 Baths2.0 Sq 1,260

Monthly Estimate*

$ 3,934

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Multi-Family Home for sale in Portland, OR

for $639,000 with 3 bedrooms and 2 full baths. This 1,260 square foot home was built in 1954.

Well maintained mid-century duplex in near Reed College. Solid earner, strong rents, generous sq ft and attractive upgrades. One 1 bedroom unit and one 2 bedroom unit. Both units feature bamboo floors, dishwashers, stack washer and dryers, tile floors and private front and back doors.. The two bedroom unit has sliding glass doors in the second bedroom. The one bedroom unit features a mini-split. Off street parking. Quiet residential block close to public transportation and amenities. This no drama property is both a great first venture into multifamily rentals and a perfect addition to an investment portfolio. No sign at the property. Please do not disturb tenants. Offer contingent on interior inspection. This one is a no brainer.

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Multi-Family Active

Price

$ 639,000

Bedrooms

3

Full Bath

2

Property Type

Multi-Family

Taxes

$ 4,532

Style

Year Built

1954

Town/City

Portland

County/Region

Multnomah

MLS | Web ID

558643141
Features
General
Sewer PublicSewer
Heating Baseboard MiniSplit WallHeater
Cooling MiniSplit
Roof Composition
Zoning 2.5
Year Built 1954
Stories Count 1
Parcel Number R206357
Gross Income 42600.0
Community Features AllLandscaping
County Multnomah
Net Operating Income 35482.0
Operating Expense 7118.0
Property Type MultiFamily
HOA N
Subdivision Name Reed College
Rent Includes MaintenanceGrounds Sewer TrashCollection Water
Status Active
Directions S# Holgate South on SE 37th. Between SE Long and SE Schiller
High School Cleveland
City Portland
Disclosures Disclosure
Number Of Units Total 2
MLS Area _143
Listing Terms Cash Conventional
Elementary School Grout
Tax Annual Amount 4532.12
Middle/Junior High School Hosford
Property Condition Approximately
Standard Status Active
Accessory Dwelling Unit Y/N N
Legal Description LEONE PK BLOCK 6 S 25' OF LOT 2 N 25' OF LOT 3
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Interior
Basement CrawlSpace
Hot Water Electricity
Unit 1 Baths Total 1
Unit 1 Beds Total 2
Unit 2 Baths Total 1
Unit 2 Beds Total 1
Unit Type UnitTypeType1 UnitTypeType2
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Exterior
Parking Features Driveway
Lot Features Level
Water Source PublicWater
Total Parking 2.0
Exterior Description CementSiding
Foundation Details Slab
Building Area Total 1260.0
Road Surface Type Paved
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Internal Only
Street Number 1 4720
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* Excluded Features
List By
High Five Properties

Broker

highfiveprop@icloud.com

Email

Affordability Calculator

$4,312
Per Month
91%
9%
0%
Monthly Principal & Interest
$3,934
Monthly Property Taxes
$378
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
1949298 Elementary School
1950530 Middle School
Cleveland High School High School
See complete school information
Pricing History
DatePricePrice ChangeDescription
5/8/2026$639,000 Listed Price

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4720/4724 SE 37TH AVE, Portland, OR, 97202 is a Multi-Family Home for sale at $639,000 with 1,260 sqft. 4720/4724 SE 37TH AVE has 3 bedrooms, 2.0 baths, and was built in 1954. The property's zip code is 97202 which is in Portland, OR

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