423 SE 28th Ave Portland, OR 97214
Listing Courtesy of: MLS LogoRMLS / Windermere Heritage / Judy P. Adler / Amy Adler

  423 SE 28th Ave Portland, OR 97214

Active
$850,000 (USD)
4
BED
4
BATH

Description

Located in Southeast Portland’s Buckman neighborhood, this charming fourplex offers vintage appeal, solid condition, and outstanding investment potential. Each of the four one-bedroom, one-bath units features classic Portland foursquare details—beautiful woodwork, tall ceilings, and large windows that bring in plenty of natural light. The upper units enjoy unique bonus rooms tucked into the attic—perfect for an office, creative space, or additional storage. Access to the basement from the upper units is through an interior spiral staircase—the lower units enter the basement from the exterior doors at the front of the property. One unit is currently vacant and move-in ready, freshly painted with new carpet—ideal for an owner-occupant or as an easy rental. With its well-maintained condition and strong rental location near cafes, parks, and public transit, this property is a rare find for both investors and buyers seeking to live in one unit while generating income from the others.

MLS #:
615772527
Taxes
$6,811(2025)
Lot Size
2,613 SQFT
Type
Multifamily
Year Built
1911
County
Multnomah County
Community
Buckman - Belmont

Listed By

Judy P. Adler, Windermere Heritage
Amy Adler, Windermere Heritage
Source
RMLS
Last checked Nov 5 2025 at 3:09 AM PST
Bathroom Details
  • Full Bathrooms: 4
Subdivision
  • Buckman / Belmont
Lot Information
  • Level
Property Features
  • Foundation: Concrete Perimeter
Heating and Cooling
  • Forced Air
Basement Information
  • Full Basement
Exterior Features
  • Wood Siding
  • Roof: Composition
Utility Information
  • Sewer: Public Sewer
  • Fuel: Gas
School Information
  • Elementary School: Winterhaven
  • Middle School: Winterhaven
  • High School: Franklin
Stories
  • 3
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Estimated Monthly Mortgage Payment

*Based on Fixed Interest Rate withe a 30 year term, principal and interest only

Listing price
Down payment
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Interest rate
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Disclaimer: The content relating to real estate for sale on this web site comes in part from the IDX program of the RMLS of Portland, Oregon. Real estate listings held by brokerage firms other than Windermere Real Estate Services Company, Inc. are marked with the RMLS logo, and detailed information about these properties includes the names of the listing brokers. Listing content is copyright © 2025 RMLS, Portland, Oregon. All information provided is deemed reliable but is not guaranteed and should be independently verified. Last updated on (11/4/25 19:09). Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.