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    5173 SE 28Th Ave, Unit 3 Portland, OR 97202

    For Sale
    $339,900

    Single-family home near Reed College, ideal for investment or student housing.

    Property size:
    854 SF

    Property Features for 5173 SE 28Th Ave

    General Information

    Size
    854 SF

    Building Details

    Year built
    2025

    Source: Keller Williams Realty Portland Central Agent Darryl Bodle

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Charming Home Near Reed College

    Located in the Reed neighborhood, this property is near Reed College and offers convenient access to restaurants, parks, and the Crystal Springs Rhododendron Garden. The home features a kitchen with cabinetry, backsplash, floating shelves, and accent lighting. The open-concept design connects the kitchen to the dining and living areas, which include an accent wall with built-ins and ambient lighting. The lower level includes a guest bath with tile work. Upstairs, the primary suite and a secondary bedroom feature perimeter lighting, high ceilings, and large windows. The property includes a private, fenced yard with a patio. The neighborhoods of Woodstock, Brooklyn, and Westmoreland are less than a mile away. The property is suitable for student housing or as an investment.
    Location Intelligence

    Current Use by Public Records

    Single family properties

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

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

    Location Insight

    • Map
    • Local Demand
    City
    Portland
    County
    Washington
    State
    Oregon
    Longitude
    -122.63776
    Latitude
    45.485246

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    FAQs

    What type of property is this?
    Single family property - Single-family home near Reed College, ideal for investment or student housing.
    Where is this single family property located?
    The property is located at 5173 SE 28Th Ave, Unit 3 Portland, OR.
    What is the asking price?
    The asking price for this property is $339,900.
    What are key features of this property?
    This property features: - Prime location in the Reed neighborhood, steps from Reed College.; - New construction (2025) with modern design and high-end finishes.; - **Enjoy the open-concept living space** with chef's kitchen, dramatic accent wall, and ambient lighting.
    (503) 709-4632
    Request Owner's contact information
    5173 SE 28Th Ave, Unit 3 Portland, OR 97202
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    Portland, OR 97202
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    5173 SE 28Th Ave, Unit 3 Portland, OR 97202
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