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4501 N MONTANA AVE

Portland, OR 97217
Square Ft.
2,250
Active
Multifamily
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$699,900
Investor Alert! Seller is offering seller-carried financing with 30% down and 7% interest. Buyers may also have the option to use cross- collateralization of an investment property in place of a full cash down payment. Reach out to listing agents for more information. Exceptional opportunity to own a well-maintained 4-plex… Read MoreRead Less
Listing courtesy of Keller Williams Realty Portland Premiere.
Listing Snapshot
Days Online
47
Last Updated
Square Ft.
2,250
Lot Size
0.12 Acres
Year Built
1943
MLS Number
309361782
30 Days Snapshot Of 97217
$487k
-12%
(avg) sold price
45
+9%
homes sold
36
-40%
(avg) days on market
Snapshot
Area Map
Additional Details
Basement
Basement: FullBasement, PartiallyFinished
Building
Building Area Total: 2250, Built in 1943, Stories: 1, Unit Type Type: UnitTypeType1, UnitTypeType2, UnitTypeType3, UnitTypeType4
Exterior Features
Exterior Description: Other
Heating
Heating: ForcedAir
Income
CAP Rate: 6.17, Gross Income: $58,696, Gross Rent Multiplier: 11.92, Net Operating Income: $43,174
Lot
Features: Level, Size Acres: 0.12, Size Range: SqFt5000to6999, Size Square Feet: 5,227, Size: 5,000 to 6,999 SqFt
Miscellaneous
Investor Information: RentRecords
Property
Number Of Units Total: 4, Property Condition: Existing, Zoning: CM3
Roof
Roof: Composition
Sewer
Sewer: PublicSewer
Taxes
Annual Amount: $5,382, Legal Description, Tax Year: 2024
Unit One
Actual Rent: $1,175, Area: 563, Features: Range, WasherDryerHookup, Units Total: 1, 1 total bathroom, 1 total bedroom
Unit Two
Actual Rent: $1,245, Area: 563, Features: WasherDryerHookup, Units Total: 1, 1 total bathroom, 1 total bedroom
Unit Three
Actual Rent: $1,195, Area: 563, Features: WasherDryerHookup, Units Total: 1, 1 total bathroom, 1 total bedroom
Unit Four
Actual Rent: $1,205, Area: 563, Features: WasherDryerHookup, Units Total: 1, 1 total bathroom, 1 total bedroom
Utilities
Fuel Description: Gas, Water Source: PublicWater
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Monthly Payment
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Erika George and Kari McGee
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Schools In The Area

Check out nearby schools with ratings and contact info.
Beach Elementary School 503-916-6236 Public KG-5
Ockley Green Middle School 503-916-5660 Public 6-8
Roosevelt High School 503-916-5260 Public 9-12
Beach Elementary School 503-916-6236 Public KG-5
Beach Elementary School 503-916-6236 Public KG-5
Ockley Green Middle School 503-916-5660 Public 6-8
Roosevelt High School 503-916-5260 Public 9-12
Jefferson High School 503-916-5180 Public 9-12

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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.