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Duplex with Vacant Unit
For Sale
$569,900

4423 SE 27TH Ave, Portland, OR 97202

MultiFamily, Portland, OR

Property SizeContact for details
Lot Size0.12 Acres
Days on Market78

Property Features for 4423 SE 27TH Ave

General Information

Property type Residential Multi Family
Property subtype Other
Zoning R5
Bedrooms 4
Bathrooms 2
Full bathrooms 2
Rooms Bathroom 1, Bedroom 3, Bedroom 4, Bedroom 1, Bathroom 2, Bedroom 2
Elementary school Llewellyn
Middle school Hosford
High school Cleveland
Directions SE Holgate St, Northon to 27th Ave to property
Subdivision _143
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
Legal Description CANONGATE, BLOCK B, LOT 9

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 · ERA Real Estate
Listed By: Samantha Chan · License #891200147
Added: Jun 18 Changed: Sep 2 Last Checked: Sep 3 at 7:06AM
MLS# 442027966

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 includes two separate units, with the front unit occupied by a long-term tenant and the rear unit vacant for occupancy. The room schedule identifies four bedrooms and two bathrooms overall. Interior inspection of the occupied unit is subject to tenant coordination. The property was built in 1966 and includes baseboard heating and a composition roof.

The 0.12-acre property is located at 4423 SE 27TH Ave in Portland, Oregon, approximately half a block from public transportation and near downtown Portland. R5 zoning applies. The vacant unit provides an on-site occupancy option while the other unit remains leased.

Key Highlights

  • Two‑unit duplex with four bedrooms and two bathrooms overall
  • Front unit leased to a long‑term tenant
  • Rear unit is vacant and ready for occupancy

Property Analytics

Current Use

Duplexes

Suggested Use

Top Pick Real Estate Agency Dental Office Parking Lot & Garage Law Firm HVAC Service Electrical Service

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

2
Residential units

Location Intelligence

Trade Area within ½ mile

1,172
Businesses Nearby

Demographics for 97202, OR

43,193
Population
20,097
Households
2.1
Avg Household Size
38
Median Age
65%
College-Educated
96%
High-School Grad
6.3 sq mi
ZIP Area
6,856
Density / Sq Mi
$100,353
Median Household Income
$52,090
Median Earnings
$1,674
Median Rent
$684,800
Median Home Value

Market

Vacancy Rate% for Multifamily in West region

7% 2022
7.8% 2023
8.6% 2024
8.6% 2025
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Duplex - One unit has a long-term tenant, while the other is vacant and 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: Two‑unit duplex with four bedrooms and two bathrooms overall; Front unit leased to a long‑term tenant; Rear unit is vacant and ready for occupancy
More about this property
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