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Listing provided courtesy of ERA Freeman & Associates- MLS# 442027966MLS ProviderContact Information: 503-665-3144

4423 SE 27TH AVEPortland, OR 97202

Multi-Family · 0.12 Acres
$569,900 Active

4423 SE 27TH AVE Overview

Time on Site:
11 days
Visits:
0

Conveniently located just half a block from public transportation and close to downtown Portland. The front unit is leased to a long-term tenant. Please do not disturb the tenant. Subject to interior inspection of the occupied unit.The back unit is vacant and ready for occupancy, making this property an excellent opportunity for an owner-occupant to live in one unit while generating rental income from the other. A great investment opportunity with strong income potential.

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4423 SE 27TH AVE Facts & Features

  • Type Multi-Family
  • Lot 0.12 Acres

Details

General

School Information

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

Income/Expenses

  • Gross Income: 17100.0
  • Net Operating Income: 1.0
  • Operating Expense: 1.0

Building Information

  • Year Built: 1966

Location/Region

  • Country: US
  • County Or Parish: Multnomah
  • MLS Area Major: 143 - Portland Southeast

Rent/Lease Information

  • Rent Includes: None

Tax Information

  • Tax Annual Amount: 5681.07
  • Tax Year: 2025

General Information

  • Listing Terms: Cash,Conventional
  • Parcel Number: R126487
  • Property Condition: Approximately
  • Property Type: Multi Family
  • Zoning: R5

Interior

General Information

  • Basement: Crawl Space
  • Foundation Details: Concrete Perimeter
  • Heating: Baseboard
  • Stories: 1

Exterior

Parking Information

  • Parking Features: Assigned,Driveway

Lot Information

  • Lot Features: Level
  • Lot Size Acres: 0.12
  • Lot Size Square Feet: 5227.0
  • Road Surface Type: Concrete
  • Water Source: Public Water

Building Exterior/Construction

  • Roof: Composition

General Information

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

4423 SE 27TH 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.

4423 SE 27TH 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.

4423 SE 27TH 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

4423 SE 27TH AVE History

Date Event Value Agent
6/18/2026Source: Regional MLS Added to Database
June 18, 2026