7694 N Montana AVE

Portland, OR 97217
Square Ft.
5,770
$1,799,900
A rare opportunity to acquire a brand new six unit asset in North Portland, offering a diversified mix of one, two, and three bedroom residences with modern finishes, efficient layouts, and strong long term rental appeal. The offering includes two one bedroom homes, three two bedroom homes, and one three… Read MoreRead Less
Listing courtesy of Keller Williams Realty Portland Premiere.
Listing Snapshot
Days Online
51
Last Updated
Square Ft.
5,770
Lot Size
0.1 Acres
Year Built
2026
MLS Number
208472607
30 Days Snapshot Of 97217
$446k
-8%
(avg) sold price
30
-14%
homes sold
80
+15%
(avg) days on market
Snapshot
Area Map
Additional Details
Building
Stories: 2, Building Area Total: 5770, Built in 2026, Storage: None, Unit Type Type: UnitTypeType1, UnitTypeType2, UnitTypeType3
Property Access
Road Surface Type: Paved
Basement
Basement: CrawlSpace
Cooling
Cooling: HeatPump, MiniSplit
Disclosures
Disclosures: Exempt
Expenses
Operating Expense Scheduled: 38496, Operating Expense: $38,496
Exterior Features
Exterior Description: CementSiding, LapSiding, Panel
Foundation
Foundation Details: ConcretePerimeter, StemWall
Heating
Heating: HeatPump, MiniSplit
Income
CAP Rate: 6.93, Gross Income: $163,209, Gross Rent Multiplier: 11.03, Gross Scheduled Income: $163,209, Net Operating Income: $124,713, Net Scheduled Income: 124713
Lot
Features: CornerLot, Level, PublicRoad, Size Acres: 0.1, Size Dimensions: ~46.5'x100', Size Range: SqFt3000to4999, Size Square Feet: 4,356, Size: 3,000 to 4,999 SqFt
Miscellaneous
Investor Information: Incomplete
Parking
Features: OnStreet
Property
Number Of Units Total: 6, Property Condition: NewConstruction, Zoning: RM3
Roof
Roof: Composition
Security Features
Features: Sidewalk
Sewer
Sewer: PublicSewer
Taxes
Legal Description
Unit One
Actual Rent: $1,875, Area: 718, Features: AirConditioning, Dishwasher, Range, WasherDryerHookup, Units Total: 2, 2 total bathrooms, 1 total bedroom
Unit Two
Actual Rent: $2,450, Area: 1016, Features: AirConditioning, Dishwasher, Range, WasherDryerHookup, Units Total: 3, 3 total bathrooms, 2 total bedroom
Unit Three
Actual Rent: $2,795, Area: 1302, Features: AirConditioning, Dishwasher, Range, WasherDryerHookup, Units Total: 1, 3 total bathrooms, 3 total bedroom
Utilities
Fuel Description: Electricity, Hot Water Description: Electricity, Tank, Water Source: PublicWater
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Erika George and Kari McGee
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This content last updated on . Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.
This content last updated on . Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.