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4428 SE 42 AVE Portland, OR $ 1,150,000
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$ 1,150,000 Get more info
4428 SE 42 AVE
$ 1,150,000
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4428 SE 42 AVE

Portland, OR, 97206
$ 1,150,000
Bedrooms6 Baths5.0

Monthly Estimate*

$ 7,175

4428 SE 42 AVE, Portland, OR 97206 - Image 1
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4428 SE 42 AVE, Portland, OR 97206 - Image 4
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4428 SE 42 AVE, Portland, OR 97206 - Image 10
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4428 SE 42 AVE, Portland, OR 97206 - Image 13
4428 SE 42 AVE, Portland, OR 97206 - Image 14

Multi-Family Home for sale in Portland, OR

for $1,150,000 with 6 bedrooms and 5 full baths. This home was built in 1959.

100% occupied with long term renters. Close in 5 plex. Solid rental history. Great investment opportunity. Very well maintained property that has had multiple updates done over the years. 2024 new roof, Very well cared for by a local owner and same family for over 40 years. The front unit is 2-bedroom and has 2 fireplaces (1 gas), city views,  finished basement/ bonus area with access to the 2 car garage. All interior pictures were provided by the owner when unit 4430 was last vacant. Large individual storage spaces in roomy basement w/ on-site Coin Meter laundry! Locked owners work space in basement. Great location! Close proximity to Trader Joe's, New Seasons, coffee shops, taverns, Woodstock, Reed College.

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Multi-Family Active

Price

$ 1,150,000

Bedrooms

6

Full Bath

5

Property Type

Multi-Family

Taxes

$ 11,704

Style

Year Built

1959

Town/City

Portland

County/Region

Multnomah

MLS | Web ID

612402859
Features
General
Sewer PublicSewer
Heating ForcedAir WallHeater
Cooling WindowUnit
Roof Composition
Zoning CM1
Security Features None
Year Built 1959
Tax Year 2024
Parcel Number R206235
Gross Income 71040.0
Community Features Laundry
County Multnomah
Net Operating Income 53171.0
Operating Expense 17869.0
Property Type MultiFamily
HOA N
Subdivision Name Creston-Kelinworth
Rent Includes Sewer TrashCollection Water
Status Active
Directions NE corner of SE Holgate and SE 42nd Avenue
High School Franklin
City Portland
Number Of Units Total 5
MLS Area _143
Listing Terms Cash Conventional
Elementary School Creston
Tax Annual Amount 11704.44
Middle/Junior High School Hosford
Property Condition Approximately
Standard Status Active
Accessory Dwelling Unit Y/N N
Legal Description LENOX BLOCK 10 LOT 23
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Interior
Basement FullBasement PartiallyFinished StorageSpace
Storage Basement IndividualStorageUnits
Hot Water Electricity
Unit 1 Baths Total 1
Unit 1 Beds Total 1
Unit 2 Baths Total 1
Unit 2 Beds Total 2
Unit 3 Baths Total 1
Unit 3 Beds Total 1
Unit 4 Baths Total 1
Unit 4 Beds Total 1
Unit 5 Beds Total 1
Unit Type UnitTypeType1 UnitTypeType2 UnitTypeType3 UnitTypeType4 UnitTypeType5
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Exterior
Parking Features Garage OnStreet
Lot Features CornerLot
Water Source PublicWater
Exterior Description Brick VinylSiding WoodSiding
Foundation Details ConcretePerimeter
Road Surface Type Paved
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Internal Only
Street Number 1 4428
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* Excluded Features
List By
Coldwell Banker Bain

Broker

503-590-7340

Contact

Affordability Calculator

$8,150
Per Month
88%
12%
0%
Monthly Principal & Interest
$7,175
Monthly Property Taxes
$975
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.375% 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
1949127 Elementary School
3315116 Middle School
Franklin High School High School
See complete school information
Pricing History
DatePricePrice ChangeDescription
7/29/2025$1,150,000 Listed Price

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4428 SE 42 AVE, Portland, OR, 97206 is a Multi-Family Home for sale at $1,150,000. 4428 SE 42 AVE has 6 bedrooms, 5.0 baths, and was built in 1959. The property's zip code is 97206 which is in Portland, OR

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