2 bd • 2.5 ba • 932 sq ft
5169 SE 28th AVE, Portland, OR 97202
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- Bedrooms
- 2
- Total Baths
- 2.5
- Building Area
- 932 sq ft
- Price/Sq Ft
- $348/sq ft
- Year Built
- 2025
- County
- Multnomah
- HOA
- None
- Days on Market
- 41 days
- Open House
- None scheduled
Monthly payment
$2,319 per month
- Principal & interest$1,980
- Property taxes$271
- HOA dues$0
- Home insurance$68
- Utilities$0
10% down · 30-year fixed · 7.18% rate · 7.281% APR (est.)
Rate: Freddie Mac weekly average, as of 11/05/2026. Estimate by Shawn Realty, not RMLS data.
Estimate by Shawn Realty, not RMLS data.
- Interest rate: 7.18% (7.281% APR, estimated). Rate: Freddie Mac weekly average, as of 11/05/2026.
- Down payment: 10% ($32,480) on $324,800; loan $292,320
- Term: 30-year fixed (360 monthly payments)
- Property taxes: $271/mo (no RMLS tax amount; 1% of price per year)
- HOA dues: $0 (no HOA in RMLS)
- Home insurance: $68/mo (Shawn Realty assumption, 0.25% of price per year; not a quote)
- Est. APR assumes 1% of the loan amount in points and lender fees.
This is an estimate. Verify exact numbers with your lender.
Estimate only, not a loan offer or commitment. Principal, interest, est. property tax and HOA. Excludes homeowners insurance, mortgage insurance (PMI, typically required with under 20% down) and other costs. Actual rate, APR and payment depend on credit, lender and loan program. Talk to a licensed loan officer.
Description
Welcome to polished new construction in Portland’s Reed neighborhood, where my 88 Bike Score and proximity to Reed College put parks, restaurants, neighborhood essentials and Crystal Springs Rhododendron Garden close at hand. Woodstock, Brooklyn and Westmoreland expand your options for coffee, dining, shopping and recreation while I maintain a quieter residential setting in close in SE Portland. Crafted by a local boutique builder known for elevated interior detailing, I stand apart with illuminated crown molding, architectural built ins, designer accent walls and layered lighting throughout. My open main level connects the kitchen, dining and living spaces for an easy everyday flow. In my kitchen, rich cabinetry, an intricate backsplash, floating shelves and accent lighting create a warm, polished backdrop, while the living area is anchored by a dramatic feature wall with built ins and soft ambient lighting. A guest bathroom continues the distinctive design with moody finishes and elegant tilework. Upstairs, my primary suite and spacious secondary bedroom feature soaring ceilings, oversized windows and perimeter lighting that adds another layer of architectural interest. My thoughtful bedroom separation offers flexibility for guests, shared living, work from home needs or additional privacy. Outside, my private fenced yard and patio create room for morning coffee, gardening, pets or relaxing outdoors. With refined finishes, distinctive details and a location near Reed College and some of Southeast Portland’s favorite neighborhoods, I bring character and convenience together in a brand new home. 100% financing may be available to qualified buyers; ask for details. The list price reflects buyer eligibility for the Portland Housing Bureau System Development Charge exemption program, with owner occupancy as the primary buyer requirement.
Facts & Features
| Property Type | Residential |
|---|---|
| Sub-Type | Condominium |
| Bedrooms | 2 |
| Total Baths | 2.5 |
| Full Baths | 2 |
| Partial Baths | 1 |
| Building Area (sq ft) | 932 |
| Year Built | 2025 |
| Stories | 2 |
| Garage Spaces | 0 |
| County | Multnomah |
| Subdivision | REED |
| Elementary School | Grout |
| Middle School | Hosford |
| High School | Cleveland |
| Heating | Heat Pump |
| Cooling | Heat Pump, Mini Split |
| Appliances | Dishwasher, Free-Standing Range, Microwave, Plumbed For Ice Maker, Solid Surface Countertop, Stainless Steel Appliance |
| Interior Features | High Ceilings, Hookup Available, Laundry |
| Exterior Features | Fenced, Patio |
| Basement | Crawl Space |
| Style | 2 Stories, Townhouse |
| Roof | Composition |
| View | Yes |
| Lot Features | Level, Public Road |
| Parking | On Street |
| Sewer | Public Sewer |
| Water | Public Water |
| Annual Taxes | $0 |
| Tax Year | 2026 |
| Original List Price | $324,900 |
| RMLS # | 548784810 |
Map data © OpenStreetMap contributors (not RMLS data).
Listed by Kelly Christian • Keller Williams Realty Portland Premiere
Contact: 908-328-1873
Listing updated: Nov 9, 2026 at 12:12am
Source: RMLS #548784810 ![]()
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 Shawn Realty are marked with the RMLS logo, and detailed information about these properties includes the name of the listing brokers. Listing content is copyright © 2026 RMLS, Portland, Oregon.
All information provided is deemed reliable but is not guaranteed and should be independently verified.
This content last updated on 11/09/2026 17:45. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.
IDX information is provided exclusively for consumers' personal, non-commercial use, may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and is deemed reliable but is not guaranteed accurate by RMLS.
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Shawn Yu, Shawn Realty · 503-515-4499
Shawn Yu (Shawn Realty) is not the listing agent for this home.

