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4984 NE 32nd Pl, 
Portland, OR 97211

$1,450,000


Bed


Bath


3,636

Sq Ft


Multi-Family

Active

Listed by

Kate Kennedy

Windermere Realty Trust

503-294-1101

Last updated:

June 7, 2025, 11:20 AM

MLS#

620761114

Source:

PORTLAND

About This Home

4984 NE 32nd Pl

Great investment opportunity to own a newer construction fourplex in the sought after Alberta neighborhood. This property is two side-by-side duplex's, each with one (1) 1,188 square foot, 2 bed, 2.1 bath unit, and (1) one 630 square foot, 1 bed, 1 bath unit. Each unit has its own individual entrance, thoughtful floorpan with spacious rooms, washer and dryer, and patio. Features include vaulted ceilings, luxury vinyl plank flooring, quartz countertops, stainless steel appliances, tile baths, contemporary fixtures. Vacant 2 bed unit on the 4974 side presents an amazing owner occupied opportunity. Prime location, walk to shops, restaurants, cafes along Alberta St, and bocks to New Seasons and The Kennedy School. Walk score 89, bike score 98. Professionally managed. Tenants pay their own electricity and gas. Owner pays water, garbage, sewer. Per the property manager's 2024 year end report: Actual Gross Income: $66, 434 (with one of the larger 2 bed/2.1 bath units vacant). Actual Operating Expenses: $13,286. Actual Gross Income: $53,148.

Home Facts

Multi-Family

Built in 2019

Price Summary

1,450,000

$398 per Sq. Ft.

MLS #:

620761114

Last Updated:

June 7, 2025, 11:20 AM

Added:

a month ago


Rooms & Interior

Interior

Living Area:

3,636 Sq. Ft.


Structure

Structure

Building Area:

3,636 Sq. Ft.

Year Built:

2019


Lot

Lot Size (Sq. Ft):

1,306


Finances & Disclosures

Finances

Price:

$1,450,000

Price per Sq. Ft:

$398 per Sq. Ft.

MLS Logo
All information provided is deemed reliable but is not guaranteed and should be independently verified. The content relating to real estate for sale on this web site comes in part from the IDX program of the RMLS of Portland Oregon. Real estate listings held by brokerage firms other than Coldwell Banker Coast Real Estate are marked with the RMLS logo and detailed information about these properties includes the names of the listing brokers. Copyright 2025 RMLS, Portland, Oregon. Last updated: June 7, 2025

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