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Listed by Windermere Realty Trust
$ 850,000
Est. payment | /mo
7,405 Sqft Lot
$ 850,000
Est. payment | /mo
7,405 Sqft Lot
Key Details
Property Type Multi-Family
Listing Status Active
Purchase Type For Sale
Subdivision Montavilla
MLS Listing ID 579471332
Year Built 1924
Annual Tax Amount $10,911
Tax Year 2024
Lot Size 7,405 Sqft
Property Description
Great investment opportunity in Montavilla neighborhood of NE Portland. 3 addresses on 1 tax lot. Front house will roll into a month to month lease starting 6/27/2025 without a rent increase. This may open opportunities for a owner occupied unit and keep the duplex as a rental. The 3-unit property consists of a 774 square foot, detached home built in 1924. A duplex on the back of the property was built in 2005. House features hard wood flooring, jack & jill bathroom and large unfinished basement. The duplex units are each comprised of 3 bedrooms & 2.5 bath with quality finishes, stainless appliances, gas fireplaces, quality flooring and fenced yards.
Location
State OR
County Multnomah
Area _142
Zoning RM1
Rooms
Basement Crawl Space, Unfinished
Interior
Heating Forced Air
Exterior
Garage Spaces 2.0
Roof Type Composition
Garage No
Building
Lot Description Gentle Sloping
Story 2
Foundation Concrete Perimeter
Sewer Public Sewer
Water Public Water
Level or Stories 2
Schools
Elementary Schools Vestal
Middle Schools Harrison Park
High Schools Leodis Mcdaniel
Others
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
16037 SW Upper Boones Ferry Rd Suite 150, Tigard, OR, 97224