Search
Duplex With Vacant Back 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 Market68

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 2, Bedroom 1, Bedroom 4, Bathroom 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: Aug 19 Last Checked: Aug 24 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 offers a two-unit setup well suited for an owner-occupant or investor, with the front unit leased to a long-term tenant and the back unit vacant and ready for occupancy. The property was built in 1966 and features baseboard heating and a composition roof.

Conveniently located about half a block from public transportation and close to downtown Portland, the duplex provides straightforward access for tenants and day-to-day travel. Please note that the front unit is occupied, so interior inspection of that unit is subject to coordination.

The arrangement supports live-in versatility: you can occupy the vacant unit while keeping the leased unit producing rental income, with both units under the same R5 zoning designation.

Key Highlights

  • R5‑zoned duplex with front unit leased to a long‑term tenant and back unit vacant
  • Vacant back unit ready for occupancy
  • 0.12‑acre lot

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.

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
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Frequently Asked Questions

What type of property is this?
Duplex - R5-zoned duplex with a long-term leased front unit and a vacant back 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: R5‑zoned duplex with front unit leased to a long‑term tenant and back unit vacant; Vacant back unit ready for occupancy; 0.12‑acre lot
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message