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4720/4724 SE 37th Ave
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
$507/sqft vs a nearby median of $394/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
Asking price is about 23.6% above where comps + adjustments land — there is room to negotiate.
- Sparse street life−$7k −1.5%
Property Read
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 history is still limited; review again as more market activity becomes available.
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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