RealtyLens
for saleRealtyLens property overview
$639,000

4720/4724 SE 37th Ave

Portland, OR, 97202
View more Portland, OR property pages
3Beds
2Baths
1,260Sqft
$507$/sqft

Listing Notes

Well maintained mid-century duplex in near Reed College. Solid earner, strong rents, generous sq ft and attractive upgrades. One 1 bedroom unit and one 2 bedroom unit. Both units feature bamboo floors, dishwashers, stack washer and dryers, tile floors and private front and back doors.. The two bedroom unit has sliding glass doors in the second bedroom. The one bedroom unit features a mini-split. Off street parking. Quiet residential block close to public transportation and amenities. This no drama property is both a great first venture into multifamily rentals and a perfect addition to an investment portfolio. No sign at the property. Please do not disturb tenants. Offer contingent on interior inspection. This one is a no brainer.

Market Insights

Above nearby median+29%

$507/sqft vs a nearby median of $394/sqft.

Nearby median$394/sqft
Nearby properties9
Property size1,260 sqft
  • +29% versus the nearby median price per square foot.
  • Price history is limited, so current comps matter more than trend alone.
  • 1,260 sqft creates a usable price-per-square-foot read.

Pricing Read

Yardstick fair value$488k$449k$527k · 61% confidence
vs ask $639k+$151k (+23.6%)

Asking price is about 23.6% above where comps + adjustments land — there is room to negotiate.

$393/sqft median across 8 tight comps × 1,260 sqft= $495k
  • Sparse street life−$7k −1.5%
Cumulative NYC adjustments−$7k−1.5%

Property Read

FreshnessVerification recommended

The page is useful for research, but the status and price should be verified before acting.

Market Position+29% vs nearby

The property is priced above the nearby median per square foot, so condition, building quality, and exact location need to justify the higher ask.

Price MovementInitial price point

Price history is still limited; review again as more market activity becomes available.

Diligence Read2 items to check
AI ReadinessReady to analyze
Assistant read

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Generated from the facts shown on this page and nearby market data. Not a professional appraisal.

Listing Details

Days on market
4 days
Last price change
No change recorded
Listed
May 8, 2026
Photos
40 photos
Property type
multi family
Status
for sale

Features & Amenities

Single StoryRental PropertyDen

Photos

Price History

May 8, 2026Initial record
$639,000for sale

You can also find this listing on Realtor.com.

Listing data sourced from realtor.com. RealtyLens enriches and contextualises it for you, but the original listing lives on the source.