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4501 N MONTANA AVE

Portland, OR 97217
Active
Multifamily
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$659,950
Solid income-producing fourplex, in North Portland, conveniently located on Montana Ave in the Overlook neighborhood. Each of the four single-level units offers 1 bed and 1 bath — a layout that's easy to rent, and easy to manage. With a total of 2,250 sq ft spread across the property/ four… Read MoreRead Less
Listing courtesy of Dream Life Homes.
Listing Snapshot
Days Online
1
Last Updated
Lot Size
0.12 Acres
Year Built
1943
MLS Number
672476183
30 Days Snapshot Of 97217
$506k
-2%
(avg) sold price
47
+23%
homes sold
41
+28%
(avg) days on market
Snapshot
Area Map
Additional Details
Taxes
Tax Year: 2025, Annual Amount: $5,582, Legal Description
Property Access
Road Surface Type: Concrete, Paved
Basement
Basement: FullBasement, Unfinished
Building
Built in 1943, Storage: Basement, IndividualStorageUnits, Stories: 1, Unit Type Type: UnitTypeType1, UnitTypeType2, UnitTypeType3, UnitTypeType4
Cooling
Cooling: WallUnit
Disclosures
Disclosures: Disclosure
Expenses
Operating Expense: $23,762
Exterior Features
Exterior Description: LapSiding
Foundation
Foundation Details: ConcretePerimeter
Heating
Heating: WallHeater
Income
CAP Rate: 4.49, Gross Income: $53,364, Gross Rent Multiplier: 12.37, Net Operating Income: $29,602
Lot
Features: Level, Size Acres: 0.12, Size Range: SqFt5000to6999, Size Square Feet: 5,227, Size: 5,000 to 6,999 SqFt
Parking
Features: OnStreet
Property
Number Of Units Total: 4, Property Condition: Approximately, Zoning: CM3
Roof
Roof: Composition
Sewer
Sewer: PublicSewer
Unit One
Actual Rent: $1,175, Area: 563, Units Total: 1, 1 total bathroom, 1 total bedroom
Unit Two
Actual Rent: $1,245, Area: 563, Units Total: 1, 1 total bathroom, 1 total bedroom
Unit Three
Actual Rent: $1,195, Area: 563, Units Total: 1, 1 total bathroom, 1 total bedroom
Unit Four
Actual Rent: $1,295, Area: 563, Units Total: 1, 1 total bathroom, 1 total bedroom
Utilities
Fuel Description: Electricity, Water Source: PublicWater
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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
Jefferson High School 503-916-5180 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
Jefferson High School 503-916-5180 Public 9-12
Roosevelt High School 503-916-5260 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.
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.