4423 SE 27th Ave, Portland, OR, 97202
About This Home
Conveniently located just half a block from public transportation and close to downtown Portland. The front unit is leased to a long-term tenant. Please do not disturb the tenant. Subject to interior inspection of the occupied unit.The back unit is vacant and ready for occupancy, making this property an excellent opportunity for an owner-occupant to live in one unit while generating rental income from the other. A great investment opportunity with strong income potential.
Getting Around
Very Walkable
Good Transit
Biker's ParadiseSchools
Construction
Condition
- Property condition: Approximately
- Year built: 1966
Materials
- Foundation: Concrete Perimeter
- Roof: Composition
- Construction materials: T111 Siding
Type & Style
- Home type: MultiFamily
- Property subType: Multi Family
Interior
Appliances
- Appliances included: Range,Refrigerator,Electric Water Heater
Basement
- Basement: Crawl Space
Bedrooms & Bathrooms
- Bedrooms: 4
- Bathrooms: 2
- Full bathrooms: 2
Heating
- Heating features: Baseboard
Interior Area
- Total structure area: 1,404
- Total interior livable area: 1,404 sqft
Property
Details
- Parcel number: R126487
- Zoning: R5
Features
- Stories: 1
Lot
- Lot size: 5,227 sqft
- Features: Level,SqFt 5000 to 6999
Parking
- Parking features: Assigned,Driveway
- Has uncovered spaces: Yes
Climate Risk is Financial Risk
Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.
Biggest Threats for This Home
- Earthquake
- Heat Wave
How This Home’s Risks Compare
FEMA Declared Disasters in Multnomah County and Oregon
Understanding the Costs
Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.
Estimated Costs Today
| Monthly | Annual | |
|---|---|---|
| Mortgage | $2,881 | $34,572 |
| Home Insurance * | $116 | $1,392 |
| Property Taxes | $484 | $5,808 |
| Electricity | $176 | $2,119 |
| Total | $3,657 | $43,884 |
Income You'd Need if You Spent...
Oregon FAIR Plan Programs
How Costs Could Change Over Time
Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.
Comparing Against the Market
Price Per Sq Ft
vs Other Active Listings
Avg $/sqft
vs Homes Sold Last Month
Median $/sqft
Current Market Trends
Median Price Per Square Foot
The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.
Historicals for This Listing
Zestimate History ($/sqft)
Price History
| Date | Event | Price |
|---|---|---|
| 2026-06-18 | Listed for sale | $569,900 |
View on Zillow