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402 SE 75TH AVE

Portland, OR 97215

$599,900

Turnkey, Fully Furnished Duplex Investment Opportunity in Portland's Montavilla Neighborhood!Welcome to 402 & 406 SE 75th Ave, a versatile duplex located in the desirable Montavilla neighborhood of Southeast Portland. Offering immediate income potential and exceptional flexibility, the property includes two separate units: one featuring 3 bedrooms and 1.5 bathrooms, and… Read MoreRead Less

Listing courtesy of Reside Realty Group.

Listing Snapshot

Days Online

Last Updated

Aug 31, 2026

Lot Size

0.12 Acres

Year Built

1894

MLS Number

701213077

30 Days Snapshot Of 97215

$818k

+18%

(avg) sold price

-13%

homes sold

-55%

(avg) days on market

Snapshot

Area Map

Additional Details

Property Access

Road Surface Type: Paved

Basement

Basement: CrawlSpace, Unfinished

Building

Built in 1894, Stories: 2, Unit Type Type: UnitTypeType1, UnitTypeType2

Cooling

Cooling: MiniSplit, WindowUnit

Disclosures

Disclosures: Disclosure

Expenses

Operating Expense: $5,378

Exterior Features

Exterior Description: Asbestos, ShakeSiding

Foundation

Foundation Details: ConcretePerimeter, PillarPostPier

Heating

Heating: MiniSplit, WallHeater

Income

CAP Rate: 4.21, Gross Income: $30,000, Gross Rent Multiplier: 20, Net Operating Income: $25,246

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: 2, Property Condition: Existing, Zoning: multi

Roof

Roof: Composition

Security Features

Features: SecurityLights

Sewer

Sewer: PublicSewer

Taxes

Annual Amount: $5,378, Legal Description, Tax Year: 2025

Unit One

Actual Rent: $3,300, Area: 1154, Features: AirConditioning, Dishwasher, Refrigerator, WasherDryer, Units Total: 1, 2 total bathrooms, 3 total bedroom

Unit Two

Actual Rent: $3,000, Area: 850, Features: AirConditioning, Deck, Refrigerator, WasherDryer, Units Total: 1, 1 total bathroom, 2 total bedroom

Utilities

Fuel Description: Electricity, Hot Water Description: Electricity, Tank, Water Source: PublicWater

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The content relating to real estate for sale on this web site comes in part from the IDX program of the RMLS of Portland, Oregon. Real estate listings held by brokerage firms other than Living Room Realty are marked with the RMLS logo, and detailed information about these properties includes the names of the listing brokers. Listing content is copyright © 2026 RMLS, Portland, Oregon.

All information provided is deemed reliable but is not guaranteed and should be independently verified.

This content last updated on Aug 31, 2026. 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 Aug 31, 2026. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.

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