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Listed price in listed location currency (USD).
$3,599,900

000

MLS® 572806520

  • Key Facts
  • Description
  • Map

Key Facts

Type Other
Levels Residential Income
Size -
Garage No
HOA Fees 
Taxes 
Days Active 285
Approx. Age 2025
MLS® Number 572806520

Property Address: 5170 Se 28th Ave, Portland, OR, 97202-4505

Average square foot calculated using Size range provided by listing agent.

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.
MLS® Number572806520
Locker
Ensuite LaundryNo
Balcony
Furnished
Laundry Level
Exposure
Exterior
GarageNo
Approx. Age2025
Stories
Pets

Included in Maintenance Fee

Heat
Hydro
Water
Building Insurance
Condo Taxes
Cable TV
Central Air
Parking Maintenance

Utilities

Heat
A/C
Heating Fuel

Extras

Similar Listings

Price History

-End Date
Not Sold YetSold Price

For Sale

Apr 10, 2025List Date
$3,599,900List Price
  • Commute

Commute

Starting Address
Destination Address
5170 Se 28 Th Ave, Portland, OR

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