Nestled in the phenomenal Reed neighborhood with an impressive 88 BikeScore, this ten unit community is just steps from Reed College, making it the perfect choice for student housing or traditional rental housing with its sensational, multifaceted SE PDX location. With restaurants, parks, and the stunning Crystal Springs Rhododendron Garden nearby, it offers both convenience and charm. Step inside, and your future tenant will instantly feel the warmth and character. The open-concept design seamlessly connects the kitchens to the dining and living areas, where dramatic accent walls with built-ins and soft ambient lighting creates a stylish and inviting atmosphere. On the lower levels are guest baths dressed in moody tones and elegant tile work—because the smallest details greatly affect your return on investment. Upstairs, primary suites and spacious secondary bedrooms shine with perimeter lighting, soaring ceilings, and oversized windows that flood the bedrooms with natural light. Step outside to private, fenced yards, where cozy patios await for morning coffee or evening gatherings. With Reed College just around the corner and the vibrant neighborhoods of Woodstock, Brooklyn and Westmoreland less than a mile away,this location is perfectly situated for both relaxation, adventure and low vacancy rates. Between low maintenance costs due to the quality, new construction and a one-year builders warranty, you can rest assured your investment is safe.
Active
$3,899,900
5170 SE 28th Ave, Portland, OR 97202
20beds
8,706sqft
Est.:
Multi Family
Built in 2025
-- sqft lot
$-- Zestimate®
$448/sqft
$-- HOA
What's special
- 17 days
- on Zillow |
- 128 |
- 3 |
Zillow last checked: 7 hours ago
Listing updated: April 21, 2025 at 09:29am
Listed by:
Darryl Bodle 503-709-4632,
Keller Williams Realty Portland Premiere,
Kelly Christian 908-328-1873,
Keller Williams Realty Portland Premiere
Source: RMLS (OR),MLS#: 572806520

Travel times
Tour with a buyer’s agent
Tour with a buyer’s agent
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 20
- Bathrooms: 30
- Full bathrooms: 20
- Partial bathrooms: 10
Heating
- Mini Split
Cooling
- Air Conditioning
Appliances
- Included: Dishwasher, Range, Electric Water Heater
- Laundry: Washer Dryer Hookup
Features
- Basement: Crawl Space
Interior area
- Total structure area: 8,706
- Total interior livable area: 8,706 sqft
Video & virtual tour
Property
Features
- Stories: 2
- Has view: Yes
- View description: Territorial, Trees/Woods
Lot
- Size: 9,147.6 Square Feet
- Features: SqFt 7000 to 9999
Details
- Parcel number: New Construction
- Zoning: RM1
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Materials
- Cement Siding
- Foundation: Concrete Perimeter
- Roof: Composition
Condition
- New Construction
- Year built: 2025
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & HOA
Community
- Subdivision: Reed
Location
- Region: Portland
Financial & listing details
- Price per square foot: $448/sqft
- Date on market: 4/9/2025
- Listing terms: Cash,Conventional
- Total actual rent: 25350
- Road surface type: Paved
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