$1,429,900

4517 N Montana Ave, Portland, OR 97217

  • 4,500 sqft
  • Property Icon Multi-Family Home
  • Property Year Built Icon Built in 1943
  • Property Lot Size Icon0.34acre lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $318/sqft
  • Property List Date Icon Listed 9 days ago

Property Description

Investor Alert! Exceptional opportunity to own two well-maintained 4-plexes across multiple lots in the highly sought-after Overlook neighborhood of North Portland. Each of the eight units is a generous, single-level 1 bed / 1 bath with thoughtful updates, quality finishes, and excellent rental appeal with upside potential. Tenants enjoy private entrances, comfortable floor plans, gas appliances and utilities, and access to beautifully landscaped shared outdoor space—ideal for relaxing or entertaining. The oversized lot presents potential to add additional units or enhance existing amenities to maximize future rental income. Recent system and cosmetic upgrades help ensure efficient operations and reduced capital expenses over time. A large basement provides ample storage or value-add possibilities. Prime location just minutes from parks, public transit, and the vibrant shops and restaurants on Mississippi Ave and Interstate Ave. A rare chance to acquire strong, stable cash flow in one of Portland’s most in-demand rental markets!

Listing Status:
Active
Date Added:
May 12, 2025 at 05:00AM
Listing Office:
Keller Williams Realty Portland Premiere : 503-597-2444
Listing Agent:
Darryl Bodle : 503-709-4632
MLS ID:
304722776
  • Heating: Forced air

This listing courtesy of Darryl Bodle, Keller Williams Realty Portland Premiere

Location

Schools Nearby

B

Beach Elementary School

1710 N Humboldt St, Portland, OR, 97217

Grades KG-5

0.29 miles away

O

Ockley Green Middle School

6031 N Montana Ave, Portland, OR, 97217

Grades 6-8

0.77 miles away

J

Jefferson High School

5210 N Kerby Ave, Portland, OR, 97217

Grades 9-12

0.53 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.

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