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Listing provided courtesy of 503 Properties Inc- MLS# 793549164MLS Provider

4510 SE 128TH AVEPortland, OR 97236

Single Family · 2 Beds · 1 Full Bath · 1,676 Sq. ft. | 1.89 Acres
$799,999 Active

4510 SE 128TH AVE Overview

Time on Site:
150 days
Visits:
5

Huge price reduction!! Nothing like this currently on the market. Opportunity knocks within the city limits. This property provides a multitude of options. Currently an urban farmer's paradise with existing house plus multiple outbuildings. Level 1.89 acres prime for development. Preliminary plat approval to divide into 6 individual lots for SFRs, townhomes, ADUS, manufactured housing OR Middle housing/cottage cluster development. Existing house on site is habitable- utilize for rental income during development of site? Rare opportunity to acquire a large level parcel ready for development within the city limits. Quiet area of town directly across the street from a school and a quick drive to amenities in every direction. Home Energy Score = 4. HES Report at https://rpt.greenbuildingregistry.com/hes/OR10128667

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4510 SE 128TH AVE Facts & Features

  • Type Single Family
  • Sq. ft. 1,676
  • Price/Sq.ft. $477
  • Lot 1.89 Acres

Details

General

School Information

  • Elementary School: Gilbert Hts
  • Middle Or Junior School: Alice Ott
  • High School: David Douglas

Building Information

  • Year Built: 1952

Location/Region

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

Tax Information

  • Tax Annual Amount: 7495.25
  • Tax Year: 2025

General Information

  • Disclosures: Exempt
  • Listing Terms: Cash,Conventional,FHA,Rehab
  • Parcel Number: R334940
  • Property Condition: Resale
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Zoning: R10

Interior

Parking Information

  • Garage Spaces: 1.0

Beds/Baths

  • Bathrooms Full: 1
  • Bathrooms Partial: 0
  • Bathrooms Total: 1
  • Bedrooms Total: 2

Building Interior

  • Building Area Total: 1676.0

General Information

  • Fireplaces Total: 1
  • Heating: Forced Air
  • Stories: 2

Exterior

Parking Information

  • Parking Features: Driveway,Off Street
  • Parking Total: 1.0

Lot Information

  • Lot Features: Level
  • Lot Size Acres: 1.89
  • Lot Size Square Feet: 82328.0
  • Water Source: Public Water

Building Exterior/Construction

  • Architectural Style: Cottage
  • Roof: Composition

General Information

  • Sewer: Public Sewer

4510 SE 128TH AVE Neighborhood

Community

97236 (Portland) Demographics

36
Median Age
5,124
Population Density (per sq. mile)
29%
College Educated
$52,428
Estimated Median Income
7,407
Estimated Total Home Owners
5,410
Estimated Total Renters
58% / 42%
Estimated Owner / Renter Divide
3
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.

4510 SE 128TH 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.

4510 SE 128TH AVE Market Data

Based on the last 30 days in this zip code

$439,195
Average List Price
$244
Average Price per Square Foot
20
Properties Sold
103
Average Days on Market
150
Properties for Sale
Calculations provided by Reliance Network

4510 SE 128TH AVE History

Date Event Value Agent
5/18/2026Source: Regional MLS Price Reduction
$799,999 -5.9%
4/8/2026Source: Regional MLS Price Reduction
$849,900 -5.5%
3/2/2026Source: Regional MLS Price Reduction
$899,000 -10.1%
1/30/2026Source: Regional MLS Added to Database
January 30, 2026