623 Ne 74TH Ave, Portland, OR 97213

• 2,688 sqft

Property Description

Rare multi-family opportunity in Montavilla — 623–629 NE 74th Ave, with RARE ASSUMABLE 3.4%. This tidy 5-unit property sits on a 9,500 (0.22-acre lot) and delivers stabilized cashflow in a convenient NE Portland location. The asset contains a mix of 1-bedroom and 2-bedroom units, with long-standing rents and off-street parking. Well-positioned for hands-on owners, a small portfolio buyer, or if you want another asset to add, this is it! The property benefits from strong neighborhood demand, easy access to local shops, transit and schools, and straightforward value-add upside through interior updates and lease optimization. Seller is a Licensed Real Estate Agent in Oregon and trustee to property. [Home Energy Score = 4. HES Report at https://rpt.greenbuildingregistry.com/hes/OR10242612]

Listing Status:

Active

Date Added:

October 13, 2025 at 05:00AM

Listing Office:

eXp Realty, LLC : 888-814-9613

Listing Agent:

Lillie Barr : 503-313-8806

MLS ID:

707682250

Interior

• Basement: None
• A/C: None
• Heating: Baseboard

Exterior

• General: OtherStone
• Parking: AssignedOff streetParking spaces: 5

Construction

• Roofing: Composition
• General: Concrete perimeter

Location

• Road/Access: Paved
• Originating MLS: Regional Multiple Listing ServiceInc.
• County: Multnomah

Lot

• Zoning: R2.5BRAINARDBLOCK 3N 20' OF LOT 35LOT 36-38R119381

Utilities

• Water: Public water
• Sewer: Public sewer

Financial

• Source: Regional Multiple Listing ServiceInc.

This listing courtesy of Lillie Barr, eXp Realty, LLC