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Duplex Residential Income Property

4423 SE 27TH Ave Portland, OR 97202

4423 SE 27TH Ave, Portland, OR, 97202
$569,900
For Sale
$569,900

MULTI_FAMILY - Portland, OR

Lot Size0.12 Acres
Days on Market31

Property Features for 4423 SE 27TH Ave

General Information

Property type
Residential Multi Family
Property subtype
Other
Zoning
R5
Bedrooms
4
Bathrooms
2
Rooms
Bedroom 1, Bedroom 2, Bedroom 4, Bathroom 2, Bathroom 1, Bedroom 3
Standard status
Active
APN
R126487
Lot size
0.12 Acres

Taxes and HOA fees

Tax Description
CANONGATE, BLOCK B, LOT 9
Tax Annual Amount
5681

Utilities

Heating system
Baseboard

Building Details

Year built
1966
Floors in Building
1
Number of units
2
Roof type
Composition
Listing Agency ERA Freeman & Associates
1685 E Powell, Gresham, OR
Listed by Samantha Chan · License #891200147
Added: Jun 18 Checked: Jul 18 at 4:06 am
MLS# 442027966 Listing URL

Copyright © 2026 Regional Multiple Listing Services. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.


Investment Insights

Based on property information with market context.

This duplex residential income property consists of a front unit and a back unit. The front unit is currently leased to a long-term tenant, and the listing notes that the occupied unit requires interior inspection only with proper coordination. The back unit is vacant and ready for occupancy.

The property is located at 4423 SE 27TH Ave in Portland, Oregon. Public remarks describe the site as conveniently positioned about half a block from public transportation and close to downtown Portland. The property is zoned R5.

From an operator’s standpoint, the layout supports an owner-occupant scenario, allowing one unit to generate rental income while the other unit is available for immediate occupancy. The current tenant in the front unit may impact scheduling for showings, since the tenant should not be disturbed and the occupied unit is subject to interior inspection. Overall, the combination of an in-place long-term lease and an available vacant unit can make this property a practical fit for buyers seeking to reduce move-in timing for one of the two residences while maintaining rental income from the other unit.

Key Highlights

  • Year built 1966 with baseboard heating and a composition roof
  • Two‑unit setup: front unit is leased to a long‑term tenant; back unit is vacant and ready for occupancy
  • Convenient location just half a block from public transportation and close to downtown Portland

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Duplexes

Suggested Use

Law Firm Nail Salon (Bike/Boat/Book/etc) Store Locksmith (Bike/Boat/Book/etc) Store Home Appliance Store Butcher (Bike/Boat/Book/etc) Store Catering Service Travel Agency

Zoning and permitted uses should be independently verified with local authorities.

FAQs

What type of property is this?
Duplex - Owner-occupy one unit while leasing the other, with a vacant second unit ready for occupancy.
Where is this duplex located?
The property is located at 4423 SE 27TH Ave Portland, OR.
What is the asking price?
The asking price for this property is $569,900.
What are key features of this property?
This property features: Year built 1966 with baseboard heating and a composition roof; Two‑unit setup: front unit is leased to a long‑term tenant; back unit is vacant and ready for occupancy; Convenient location just half a block from public transportation and close to downtown Portland
Contact an agent
More about this property
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