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5177 SE 28th Ave 5, Portland, OR 97202 — photograph 1

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5177 SE 28th Ave 5, Portland, OR 97202 — photograph 1
2 Beds2.5 Baths878 sqft

5177 SE 28th Ave 5, Portland

$299,900

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ActiveMLS®: 357619112Listing held by another brokerage, marked RMLS
Price per sqft
$341.57
Built in
2025
Property size
878 sqft
Property type
Residential
Days on market
572

Overview

Welcome to polished new construction in Portland’s Reed neighborhood, where my 88 Bike Score and close proximity to Reed College create a compelling combination of daily convenience, lifestyle appeal, and investment potential. Restaurants, parks, neighborhood essentials, and Crystal Springs Rhododendron Garden are all nearby, while Woodstock, Brooklyn, and Westmoreland expand the options for coffee, dining, shopping, and recreation. Crafted by a local boutique builder known for refined interior detailing, signature illuminated crown molding, architectural built ins, and designer accent walls, I showcase distinctive character from the moment you enter. My kitchen pairs rich cabinetry with an intricate backsplash, floating shelves, and accent lighting that creates a warm, layered atmosphere. My open concept layout connects the kitchen to the dining and living areas, where a dramatic accent wall with built ins and soft ambient lighting establishes a stylish setting for everyday living and entertaining. On my lower level, a guest bathroom carries the design forward with moody tones and elegant tilework. Upstairs, my primary suite and spacious secondary bedroom feature perimeter lighting, soaring ceilings, and oversized windows that fill the rooms with natural light. My thoughtful bedroom separation and flexible layout work equally well for an owner occupant, roommates, or an investor seeking a property near Reed College. Outside, my private fenced yard and cozy patio offer space for morning coffee, gardening, pets, or evening gatherings. My setting balances a peaceful residential feel with convenient access to the destinations that make close in SE Portland so desirable. 100% financing may be available to qualified buyers; ask for details. My list price is subject to the buyer qualifying for Portland Housing Bureau’s System Development Charge Exemption Program, an initiative designed to promote affordable housing across the City of Portland.

Details

Interior

Interior features
High Ceilings
Appliances
Dishwasher, Free Standing Range, Microwave, Solid Surface Countertop, Stainless Steel Appliance
Cooling
Yes
Cooling description
Heat Pump, Mini Split
Heating
Yes
Heating description
Mini Split
Windows
Double Pane Windows, Vinyl Frames

Exterior and lot

Exterior features
Fenced, Patio, Yard
Architectural style
Modern, Traditional
Roof
Composition
View
Yes
View description
Trees / Woods

Utilities

Sewer
Public Sewer
Water source
Public Water

Parking

Garage spaces
0
Parking
On Street
Total parking
0

Schools

High school
Cleveland
Middle school
Hosford
Elementary school
Grout

Location

City
Portland
County
Multnomah
Subdivision
Reed

Taxes and dues

HOA dues
$17 / month

Location

5177 SE 28th Ave 5, Portland, OR 97202

Map showing the location of 5177 SE 28th Ave 5, Portland, OR 97202
© Mapbox © OpenStreetMap

Monthly payment estimate

$1,838 /mo

20% · $59,980
7.00%
Principal and interest
$1,596
Property tax (estimated)
$225
HOA dues
$17
Total
$1,838

Estimate only, and not an offer of credit. Assumes 20% down ($59,980) and a 30-year fixed rate at 7.00%. Property tax is estimated at 0.90% of the purchase price, because this listing carries no assessed figure; Oregon assesses on a capped assessed value rather than the sale price, so the real bill will differ. Rates change daily. Insurance and mortgage insurance are not included. Speak to a lender for terms that apply to you.

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