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$1,075,000 Sale Pending

  • For Sale
  • Pending
  • Multi-Family
  • Updated 7 days ago
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Rare triplex opportunity in the desirable Hollywood/Grant Park neighborhood. Built in 1927 and approximately 4,309 sq ft, the property features two spacious side-by-side upper units and a large lower unit (lower unit may be dividable into two), delivering flexible income potential. Thoughtful floorplates, a common laundry room and assigned off-street parking complement the building's historic charm and strong curb appeal. Superb walkability to Grant Park, the Beverly Cleary Sculpture Garden and the Hollywood District's restaurants, shops and transit; close to area medical centers. Excellent value for an investor. Tenant bill backs for utilities in place.

Full Property Details for 1902 NE 38th Ave

General

  • Price: $1,075,000
  • Taxes: $9,321 (2025)
  • Status: Pending
  • Type: Multi-Family
  • Source: RWMLS
  • MLS ID: 350278988
  • Updated: 1/13/2026
  • Added to Site: 112 day(s) ago

Rental Information

  • Rent Includes: Sewer, Trash Collection, Water

Parking

  • Total Spaces: 6
  • Parking Features: Assigned, Driveway

Location

  • County: Multnomah
  • Driving Directions: NE Broadway to NE 38th Ave

School Information

  • Elementary School: Beverly Cleary
  • Middle School: Beverly Cleary
  • High School: Grant

Community

  • Community Name: 142 - Portland Northeast

Heating & Cooling

  • Central air: Yes
  • Air Conditioning: Yes
  • Cooling Type: Central Air
  • Heating Type: Baseboard, Mini Split, Zoned
  • Heating Fuel: Electricity

Utilities

  • Sewer: Public Sewer
  • Water: Public Water

Structural Information

  • Property Detached: Yes
  • Basement Desc.: Finished, Full Basement
  • Roof: Composition
  • Stories/Levels: 2
  • Square Feet: 4,420
  • Year Built: 1927
  • Property Condition: Existing

Lot Features

  • Lot Size (Acres): 0.12
  • Lot Size (Sq. Ft.): 5,227
  • Lot Size: 5, 000 to 6, 999 SqFt
  • Frontage: Paved
  • Lot Features: Corner Lot, Level, Private

Financial Considerations

  • Operating Expenses: $22,228
  • Tax Amount: $9,321.58
  • Tax Year: 2025
  • Terms: Cash, Conventional, FHA, VA Loan

Disclosures and Reports

  • Legal Description: ROSSMERE, BLOCK 30, LOT 9
  • Property ID: R262702

Listed by Windermere Realty Trust (503) 636-5000, Ben Droukas PC (503) 522-4645 and Windermere Realty Trust (503) 636-5000, Amy Walsh (408) 761-0036

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Listing agents

— 1902 NE 38th Ave —

  • Ben Droukas PC

    Windermere Realty Trust

    503-636-5000

  • Amy Walsh

    Windermere Realty Trust

    503-636-5000

Ben@bbrepdx.com

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NMLS#: 1598647

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Save up to an additional 20% by bundling your home and auto together!

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Find the right home insurance for your new home!

with our affiliated in-house agency

Request a Quote

Save up to an additional 20% by bundling your home and auto together!

Schools serving 1902 NE 38th Ave

School District:Portland School District 1j
NameGradesDistance
Beverly Cleary School
1915 Northeast 33rd Avenue, Portland, OR 97212
K-80.4 mi
Grant High School
2245 Northeast 36th Avenue, Portland, OR 97212
9-120.2 mi
Disclaimer: School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 1902 NE 38th Ave Get Price Alerts and Save Property

Date
Details
Price
Change
Source
9/30/2025
Listed
$1,075,000
20.38%
MLS
11/15/2019
Sold
$893,000
—
Public Record
Get Price Alerts and Save Property
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Tax History for 1902 NE 38th Ave

Year
Property Taxes
Change
Tax Assessment
Change
2025
$9,322
4%
$345,950
3%
2024
$8,987
4%
$335,880
3%
2023
$8,641
4%
$326,100
6%
2021
$8,311
-2%
$307,390
-3%
2022
$8,454
2%
$316,610
6%
2021
$8,311
43%
$298,439
30%
2019
$5,814
3%
$229,390
3%
2018
$5,643
4%
$222,710
3%
2017
$5,409
9%
$216,230
3%
2016
$4,950
3%
$209,940
3%
2015
$4,820
2%
$203,830
3%
2014
$4,747
2%
$197,900
3%
2013
$4,637
—
$192,140
—
View All
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Estimate the Cost for 1902 NE 38th Ave

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Listed by Windermere Realty Trust (503) 636-5000, Ben Droukas PC (503) 522-4645 and Windermere Realty Trust (503) 636-5000, Amy Walsh (408) 761-0036

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1902 NE 38th Ave, Portland, OR 97212 (MLS# 350278988) is a Multi-Family property with 3 units containing 0 bedrooms and 0 full bathrooms. 1902 NE 38th Ave is currently listed for $1,075,000 and was received on September 30, 2025. Want to learn more about 1902 NE 38th Ave? Do you have questions about finding other Multi-Family real estate for sale in Portland? You can browse all Portland real estate or contact a Coldwell Banker agent to request more information.

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