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4428 SE 42ND AVE Portland, OR $ 999,000
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4428 SE 42ND AVE
$ 999,000
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4428 SE 42ND AVE

Portland, OR, 97206
$ 999,000
Bedrooms6 Baths5.0 Sq 3,627

Monthly Estimate*

$ 6,900

4428 SE 42ND AVE, Portland, OR 97206 - Image 1
4428 SE 42ND AVE, Portland, OR 97206 - Image 2
4428 SE 42ND AVE, Portland, OR 97206 - Image 3
4428 SE 42ND AVE, Portland, OR 97206 - Image 4
4428 SE 42ND AVE, Portland, OR 97206 - Image 5

Multi-Family Home for sale in Portland, OR

for $999,000 with 6 bedrooms and 5 full baths. This 3,627 square foot home was built in 1959 on a lot size of 0.12.

Close in Five plex located in a Great SE Portland location with a bike score of 97 and a walk score of 73. Close to Trader Joes, New Seasons, Reed College, Coffee shops and Woodstock shopping district. Located on the bus line. One unit is currently vacant and currently being remodeled. Great investment property with solid rental history. New roof 2024,newer vinyl windows and paint. Front unit is two bedrooms and has two fireplaces,finished basement area with access to two car garage. Large individual storage spaces in the basementas well as on site coin metered laundry. Locked owners work space in the basement. This property has been owned by the same family for years and they have taken well care of it. Do not disturb the tenants.

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Multi-Family Active

Price

$ 999,000

Bedrooms

6

Full Bath

5

Property Type

Multi-Family

Taxes

$ 12,075

Style

Lot Size

0.12

Year Built

1959

Town/City

Portland

County/Region

Multnomah

MLS | Web ID

451653041
Features
General
Sewer PublicSewer
Heating ForcedAir WallHeater
Cooling WindowUnit
Roof Composition
Zoning CM1
Garage Spaces 2.0
Year Built 1959
Stories Count 1
Tax Year 2025
Parcel Number R206235
Gross Income 72375.0
Community Features Laundry
County Multnomah
Net Operating Income 53162.0
Operating Expense 19213.0
Property Type MultiFamily
HOA N
Subdivision Name Lenox
Rent Includes Sewer TrashCollection Water
Status Active
Directions Corner of SE Holgate Blvd and SE 42
High School Franklin
City Portland
Disclosures Disclosure
Number Of Units Total 5
MLS Area _143
Lot Size Square Feet 5227.0
Listing Terms Cash Conventional
Elementary School Creston
Tax Annual Amount 12075.17
Middle/Junior High School Hosford
Property Condition UpdatedRemodeled
Standard Status Active
Accessory Dwelling Unit Y/N N
Legal Description LENOX BLOCK 10 LOT 23
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Interior
Basement FullBasement 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 OnBusline
Water Source PublicWater
Exterior Description Brick VinylSiding WoodSiding
Foundation Details ConcretePerimeter
Building Area Total 3627.0
Lot Size Acres 0.12
Road Surface Type Paved
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Internal Only
Street Number 1 4428
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* Excluded Features
List By
Metro Group Realty

Broker

oregonrealtor@hotmail.com

Email

Affordability Calculator

$7,906
Per Month
87%
13%
0%
Monthly Principal & Interest
$6,900
Monthly Property Taxes
$1,006
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 7.375% 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
10/8/2026$999,000 Listed Price

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4428 SE 42ND AVE, Portland, OR, 97206 is a Multi-Family Home for sale at $999,000 with 3,627 sqft and a lot size of 0.12. 4428 SE 42ND 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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