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$500,000
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Property Description
Prime investment opportunity! This well-kept Creston/Reed College duplex offers excellent flexibility for both owner-occupants and investors. Each unit features 2 bedrooms and 1 bathroom, with access to separate laundry and individual storage rooms. One unit is currently vacant and move-in ready, showcasing fresh paint, new carpet, and updated flooring. Ideally located just minutes from Reed College, Trader Joe's, and local favorites, plus close to Creston and Kenilworth Parks for outdoor enjoyment. Whether you're looking to live in one unit and rent the other, or add a solid asset to your portfolio, this duplex checks the boxes.
Full Property Details
Full Property Details for 4207-4209 SE 27th Ave
General
- Sold For: $500,000
- Taxes: $6,225
- Status: Sold
- Type: Multi-Family
- Source: RWMLS
- MLS ID: 153099421
- Added to Site: 165 day(s) ago
Rental Information
- Rent Includes: Maintenance Grounds
Parking
- Parking Features: Off Street
Location
- County: Multnomah
- Driving Directions: SE Powell, S on SE 27th
School Information
- Midd School District: Hosford
- Elementary School: Llewellyn
- Middle School: Hosford
- High School: Cleveland
Community
- Community Name: 143 - Portland Southeast
Heating & Cooling
- Cooling Type: None
- Heating Type: Baseboard
- Heating Fuel: Electricity
Utilities
- Sewer: Public Sewer
- Water: Public Water
Structural Information
- Property Detached: Yes
- Basement Desc.: Crawl Space, Partial Basement, Unfinished
- Roof: Composition
- Stories/Levels: 1
- Square Feet: 1,612
- Year Built: 1967
- Property Condition: Approximately
Lot Features
- Lot Size (Acres): 0.12
- Lot Size (Sq. Ft.): 5,227
- Lot Size: 5, 000 to 6, 999 SqFt
- Frontage: Concrete, Paved
- Lot Features: Level
Financial Considerations
- Operating Expenses: $4,650
- Tax Amount: $6,225.71
- Terms: Cash, Conventional, FHA
Disclosures and Reports
- Property ID: R195854
Listed by Real Broker (855) 450-0442, Benson Bui (503) 593-0211
Sold by Realty Works Group (503) 975-1829, Andrew Galler CRS
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Schools
Schools serving 4207-4209 SE 27th Ave
School District:Portland School District 1j
| Name | Grades | Distance |
|---|---|---|
Grout Elementary School 3119 Southeast Holgate Boulevard, Portland, OR 97202 | K-5 | 0.3 mi |
Hosford Middle School 2303 Southeast 28th Place, Portland, OR 97214 | 6-8 | 0.9 mi |
Cleveland High School, Portland, OR 3400 Southeast 26th Avenue, Portland, OR 97202 | 9-12 | 0.4 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 4207-4209 SE 27th Ave
Date
Details
Price
Change
Source
1/08/2026
Sold
$500,000
-3.85%
MLS
10/02/2025
Price Reduced
$520,000
-5.45%
MLS
9/10/2025
Price Reduced
$550,000
-5.17%
MLS
8/06/2025
Listed
$580,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
4207/4209 SE 27th Ave, Portland, OR 97202 (MLS# 153099421) is a Multi-Family property that was sold at $500,000 on January 08, 2026. Want to learn more about 4207/4209 SE 27th 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.

