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4300 N MONTANA AVE

Portland, OR 97217
Square Ft.
3,066
Active
Multifamily
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$900,000
Opportunity knocks in Overlook! This triplex offers immediate income with two of the three units currently leased, plus a vacant unit ready for an owner-occupant, new tenant, or value-add improvements. Located near MAX and major bus service, with the restaurants, shops, coffee, and nightlife of Mississippi Avenue close by. CM3… Read MoreRead Less
Listing courtesy of John L. Scott Portland Central.
Listing Snapshot
Days Online
1
Last Updated
Square Ft.
3,066
Lot Size
0.12 Acres
Year Built
1923
MLS Number
705994609
30 Days Snapshot Of 97217
$545k
0%
(avg) sold price
42
-34%
homes sold
50
-1%
(avg) days on market
Snapshot
Area Map
Additional Details
Property Access
Road Surface Type: Paved
Basement
Basement: Unfinished
Building
Building Area Total: 3066, Built in 1923, Storage: Basement, Stories: 3, Unit Type Type: UnitTypeType1, UnitTypeType2, UnitTypeType3
Cooling
Cooling: WallUnit
Disclosures
Disclosures: Disclosure
Expenses
Operating Expense: $18,511
Exterior Features
Exterior Description: Asbestos
Foundation
Foundation Details: ConcretePerimeter
Heating
Heating: Baseboard
Income
CAP Rate: 4, Gross Income: $54,480, Gross Rent Multiplier: 16.52, Net Operating Income: $35,969
Lot
Features: OnBusline, Size Acres: 0.12, Size Range: SqFt5000to6999, Size Square Feet: 5,227, Size: 5,000 to 6,999 SqFt
Miscellaneous
Investor Information: AccordingToOwner
Parking
Features: OffSite, OnStreet, 3 total parking spots
Property
Number Of Units Total: 3, Property Condition: Approximately, Zoning: CM3
Roof
Roof: Composition, Shingle
Sewer
Sewer: PublicSewer
Taxes
Annual Amount: $5,631, Legal Description, Tax Year: 2025
Unit One
Actual Rent: $1,365, Area: 740, Features: Fireplace, Range, Refrigerator, WasherDryer, Units Total: 1, 1 total bathroom, 1 total bedroom
Unit Two
Area: 743, Features: Fireplace, Range, Refrigerator, WasherDryer, Units Total: 1, 1 total bathroom, 1 total bedroom
Unit Three
Actual Rent: $1,675, Area: 1040, Features: Refrigerator, WasherDryer, Units Total: 1, 1 total bathroom, 2 total bedroom
Utilities
Fuel Description: Electricity, Hot Water 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.