3911 Southeast 28th Place Portland, OR 97202

Building Details

Year Built

1910

Listing agency SMI Commercial Real Estate LLC e***@smire.com Show Phone

Listed by Eric Swanson · License #201221479 Show Phone

Source Compass

Added: Feb 4 Updated: Jul 22 at 2:47PM Checked: Jul 22 at 2:47PM

Report an Issue

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of SMI Commercial Real Estate LLC

---

Investment Insights

Based on property information with market context.

This Creston-Kenilworth 6-unit multifamily property totals 5,521 SF across three vintage buildings on two tax lots. The unit mix includes a 3-bedroom home, a 1-bedroom home, and a four-plex with two studios and two 1 bed/1 bath units. Recent interior updates are noted, and the roof on the four-plex was replaced in 2023.

Built in 1910 and 1915, the property currently generates $130,860 in gross scheduled income per year, with additional upside described as rents are adjusted to market levels. Showings are available only with an accepted offer to purchase, and residents should not be disturbed.

The seller is an Oregon entity whose members are licensed real estate brokers in the state of Oregon.

Key Highlights

• 6‑unit multifamily totaling 5,521 SF across three vintage buildings on two tax lots
• Unit mix includes a 3‑bed unit, a 1‑bed unit, and a 4‑plex with two studios and two 1 bed/1 bath units
• Year built: 1910 (additional building built in 1915)

Property Analytics

Location Intelligence

Similar For Sale Nearby

• 

  $2,500,000

  4,510 SF

  Freestanding Restaurant Building with Parking

  Leased restaurant property on 1.02 acres with parking on four sides and a standalone building.

  1411 NE 82ND, Portland, OR 97220

  View Details
• 

  $1,250,000

  5,012 SF

  Turn-Key Medical Office Building

  Fully renovated office space with flexible layout and off-street parking, suited for medical and human services uses.

  18445 E Burnside, Portland, OR 97233

  View Details
• 

  $999,000

  6,659 SF

  Live-Work Office Building

  Two-building setup with ADA-accessible office suites and a corner-lot bungalow suited for live-work or creative use.

  12135 Southeast Lincoln Street, Portland, OR 97216

  View Details
• 

  $2,200,000

  10,262 SF

  Multi-Tenant Retail Office Building

  Multi-tenant building with off-street parking and rentable space totaling approximately 7,522 SF.

  628-630 NE Broadway, Portland, OR 97212

  View Details
• 

  $1,600,000

  10,196 SF

  Mixed-Use Retail Building

  For sale mixed-use retail asset totaling 6,796 SF, offering flexible space within a single property.

  6504 SE FOSTER RD, PORTLAND, OR

  View Details
• 

  $2,950,000

  18,800 SF

  Industrial Building with Office Space

  Industrial building for sale with dedicated office space and fenced, paved parking on a 0.75-acre lot.

  1163 NE 63rd Ave, Portland, OR 97213

  View Details
• 

  $899,000

  5,982 SF

  Versatile Commercial Property with Warehouse

  Mixed-use property featuring storefronts, restaurant, and warehouse space.

  1218 N Killingsworth Street, Portland, OR 97217

  View Details
• 

  $790,000

  1,853 SF

  Drive-Through Subway Restaurant

  Single-tenant drive-through restaurant leased to Subway under an NNN structure with a lease expiring February 28, 2027.

  3103 Northeast 82nd Avenue, Portland, OR 97213

  View Details
• 

  $7,200,000

  41,027 SF

  Multi-Tenant Flex Office Warehouse

  Multi-tenant facility offers 17,058 SF of office space with dock and grade-level loading, plus a 3.04-acre site.

  6121 N Cutter Cir, Portland, OR 97217

  View Details
• 

  $845,750

  3,383 SF

  Automotive Service Bay Garage

  Automotive facility with five 12' overhead service bay doors and 14'-6" clear height, positioned for visibility to Hwy 99W.

  11646 SW Pacific Hwy, Portland, OR 97223

  View Details
• 

  $4,250,000

  11,600 SF

  Leased FedEx Office Retail Building

  Long-term FedEx Office tenant with dedicated parking supports a straightforward, low landlord-responsibility investment.

  221 SW Alder St, Portland, OR 97204

  View Details
• 

  $650,000

  1,040 SF

  Live-Work Property with Detached Shop

  Remodeled home plus a fully permitted detached, insulated shop suited for studio work, home-based business, or light use.

  2934 SE 16TH, Portland, OR 97202

  View Details

FAQs

What type of property is this?

Apartment building - Creston-Kenilworth area 6-unit multifamily spread across three vintage buildings on two tax lots.

Where is this apartment building located?

The property is located at 3911 Southeast 28th Place Portland, OR.

What is the asking price?

The asking price for this property is $1,395,000.

What are key features of this property?

This property features: 6‑unit multifamily totaling 5,521 SF across three vintage buildings on two tax lots; Unit mix includes a 3‑bed unit, a 1‑bed unit, and a 4‑plex with two studios and two 1 bed/1 bath units; Year built: 1910 (additional building built in 1915)