Back to Search

Duplex Residential Income Property

4423 SE 27TH Ave, Portland, OR 97202

View on Map

For Sale

$569,900

MULTI_FAMILY - Portland, OR

Lot size:

0.12 Acres

HighLights

Two‑unit property: front unit is leased to a long‑term tenant (do not disturb)
Back unit is vacant and ready for occupancy
Built in 1966 with baseboard heating
Composition roof
5 bedrooms and 2 bathrooms (Bedrooms 1‑4 plus Bathroom 1 and Bathroom 2 listed)

We can help!

Contact an agent

Samantha Chan

For Sale

$569,900

MULTI_FAMILY - Portland, OR

Lot size:

0.12 Acres

Added:: Jun 18, 2026
Days on Market:: 19
Last Refresh:: Jul 6 at 5:06 am

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 4, Bathroom 2, Bedroom 1, Bedroom 2, Bedroom 3, Bathroom 1
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

We can help!

Contact an agent

Samantha Chan

Listing agent Samantha Chan License #891200147

Listing office ERA Freeman & Associates 1685 E Powell, Gresham, OR

Listing date Jun 18, 2026

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.

HighLights

Two‑unit property: front unit is leased to a long‑term tenant (do not disturb)
Back unit is vacant and ready for occupancy
Built in 1966 with baseboard heating
Composition roof
5 bedrooms and 2 bathrooms (Bedrooms 1‑4 plus Bathroom 1 and Bathroom 2 listed)

Overview

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.

Property Profile Location Intelligence

Current Use by Public Records

Duplexes

Suggested Use

Location Insight

Map
Local Demand

City: Portland
County: Washington
State: Oregon
Longitude: -122.63894
Latitude: 45.490831

Nearby Similar for Sale

$2,000,000

6,070 SF

Six-Unit Apartment Community

2019-built six-unit community with in-unit laundry and off-street parking on a low-density lot.

8300 SE Flavel St, Portland, OR 97266

View Details
$1,649,900

3,936 SF

Park-Front Fourplex Opportunity

New North Portland fourplex with four private residences and efficient heating and cooling, positioned directly across from Peninsula Park.

6214 N Kerby Ave, Portland, OR 97217

View Details
$4,313,900

11,578 SF

Detached Cottage Multifamily Portfolio

Twelve new construction detached two-bedroom cottages with modern in-unit features and efficient mini-split climate control.

7033 SE 60th Ave, Portland, OR 97206

View Details
$2,890,000

13,152 SF

21-Unit Apartment Community

Small multifamily with 1- and 2-bedroom homes and on-site parking in Portland’s Rockwood area.

19109 SE YAMHILL St, Portland, OR 97233

View Details
$1,739,900

4,868 SF

New Construction Cottage Portfolio

Four detached homes near St. Johns with strong rental potential.

6603 N Seneca St, Portland, OR 97203

View Details
$555,000

2,640 SF

Nicely Managed Duplex with Private Laundry

Two one-bedroom units each include private laundry, basement bonus space, and dedicated off-street parking.

1036 N AINSWORTH St, Portland, OR 97217

View Details
$1,969,900

4,815 SF

New Multifamily Investment by Park

Five-unit townhome investment across from Peninsula Park in Portland, Oregon.

6179 N Albina Ave, Portland, OR 97217

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
$950,000

4,390 SF

Multifamily Home with Permitted ADU

Modern home with a fully permitted 2-bedroom ADU, offering flexible living or rental separation.

1336 NE HOLLAND St, Portland, OR 97211

View Details
$645,000

5,500 SF

Mixed-Use Development Fixer

Two-building mixed-use property with street-level office/retail and multiple apartment units, sold as-is with CM2 zoning.

8325 SE DIVISION St, Portland, OR 97266

View Details
$2,889,900

7,179 SF

Rose City Park Multifamily Investment

New 7-unit multifamily property in Portland's Rose City Park.

2938 NE 62nd Ave, Portland, OR 97213

View Details
$1,979,900

4,588 SF

New Cottage Homes in Beaumont-Wilshire

Four newly built detached cottage homes in NE Portland.

4895 NE CESAR E CHAVEZ Blvd, Portland, OR 97211

View Details

For sale
Duplexes
OR
Portland
97202
4423 SE 27TH Ave

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: Two‑unit property: front unit is leased to a long‑term tenant (do not disturb); Back unit is vacant and ready for occupancy; Built in 1966 with baseboard heating

4423 SE 27TH Ave, Portland, OR 97202

MULTI_FAMILY - Portland, OR

Property Features for 4423 SE 27TH Ave

General Information

Taxes and HOA fees

Utilities

Building Details

We can help!

HighLights

Overview

Current Use by Public Records

Suggested Use

Location Insight

Nearby Similar for Sale

Six-Unit Apartment Community

Park-Front Fourplex Opportunity

Detached Cottage Multifamily Portfolio

21-Unit Apartment Community

New Construction Cottage Portfolio

Nicely Managed Duplex with Private Laundry

New Multifamily Investment by Park

Versatile Commercial Property with Warehouse

Multifamily Home with Permitted ADU

Mixed-Use Development Fixer

Rose City Park Multifamily Investment

New Cottage Homes in Beaumont-Wilshire

FAQs