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5170 SE 28th AVE, Portland, OR 97202
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$3,899,900
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Home Details for 5170 SE 28th AVE
Price
$3,899,900
Type
Multi Family
Bedrooms
10
Total Bathrooms
15
Year Build
2025
Lot Size
0.21
County
Multnomah
Basement
Crawl Space
MLS®️ Listing#
572806520
On exitrealty.com
146 days
Property 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.
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School Information
School Information for 5170 SE 28th AVE
Elementary School
Grout
Middle School
Hosford
High School
Cleveland
Listing Courtesy: Keller Williams Realty Portland Premiere - 503-709-4632. Presented by: Darryl Bodle

Last Updated: 2025-09-03 02:46:26
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Market statistics compiled from data from RMLS Oregon.
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$3,899,900
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805 SW Industrial Way, Suite 4, Bend, OR 97702