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Listing provided courtesy of High Five Properties- MLS# 558643141MLS Provider

4720 SE 37TH AVEPortland, OR 97202

Multi-Family · 1,260 Sq. ft.
$639,000 Active

4720 SE 37TH AVE Overview

Time on Site:
52 days
Visits:
0

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. Please do not disturb tenants. Offer contingent on interior inspection. This one is a no brainer.

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4720 SE 37TH AVE Facts & Features

  • Type Multi-Family
  • Sq. ft. 1,260
  • Price/Sq.ft. $507

Details

General

School Information

  • Elementary School: Grout
  • Middle Or Junior School: Hosford
  • High School: Cleveland

Income/Expenses

  • Gross Income: 42600.0
  • Gross Scheduled Income: 44940.0
  • Net Operating Income: 35482.0
  • Operating Expense: 7118.0

Building Information

  • Year Built: 1954

Location/Region

  • Country: US
  • County Or Parish: Multnomah
  • MLS Area Major: 143 - Portland Southeast
  • Subdivision Name: Reed College

Community/Development

  • Community Features: All Landscaping

Rent/Lease Information

  • Rent Includes: Maintenance Grounds,Sewer,Trash Collection,Water

Tax Information

  • Tax Annual Amount: 4532.12

General Information

  • Disclosures: Disclosure
  • Listing Terms: Cash,Conventional
  • Parcel Number: R206357
  • Property Condition: Approximately
  • Property Type: Multi Family
  • Zoning: 2.5

Interior

Building Interior

  • Building Area Total: 1260.0

General Information

  • Basement: Crawl Space
  • Cooling: Mini Split
  • Foundation Details: Slab
  • Heating: Baseboard,Mini Split,Wall Heater
  • Stories: 1

Exterior

Parking Information

  • Parking Features: Driveway
  • Parking Total: 2.0

Lot Information

  • Lot Features: Level
  • Road Surface Type: Paved
  • Water Source: Public Water

Building Exterior/Construction

  • Roof: Composition

General Information

  • Number Of Units Total: 2
  • Sewer: Public Sewer

4720 SE 37TH AVE Neighborhood

Community

97202 (Portland) Demographics

37
Median Age
5,954
Population Density (per sq. mile)
66%
College Educated
$86,351
Estimated Median Income
9,199
Estimated Total Home Owners
8,995
Estimated Total Renters
51% / 49%
Estimated Owner / Renter Divide
2
Estimated Average Household Size
Community data courtesy of LiveBy, Inc.

Schools

School data courtesy of LiveBy, Inc. School ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating.

4720 SE 37TH AVE Monthly Cost

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* All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

4720 SE 37TH AVE Market Data

Based on the last 30 days in this zip code

$731,202
Average List Price
$362
Average Price per Square Foot
36
Properties Sold
70
Average Days on Market
148
Properties for Sale
Calculations provided by Reliance Network

4720 SE 37TH AVE History

Date Event Value Agent
5/8/2026Source: Regional MLS Added to Database
May 08, 2026