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Heidi Torkko

heidi@heiditorkko.com +1(503) 351-9716

Listed by Keller Williams PDX Central

$ 765,000

Est. payment | -/mo

4,096 SqFt

Save

$ 765,000

Est. payment | -/mo

Save

4,096 SqFt

Key Details

Property Type Multi-Family

Listing Status Active

Purchase Type For Sale

Square Footage 4,096 sqft

Price per Sqft $186

Subdivision Montavilla

MLS Listing ID 285142697

HOA Y/N No

Year Built 2005

Annual Tax Amount $11,318

Tax Year 2025

Lot Size 7,405 Sqft

Property Description

> Investment Opportunity awaits!!! Don't miss this TRI-PLEX w/ a 6.74% CAP RATE in the desirable Montavilla neighborhood. With 3 addresses (#900, #904 & #908) on 1 tax lot, this property is perfect for investors & owner-occupants alike (...did I mention the assumable loan...) Live in one unit and rent out the others to significantly offset your mortgage, or rent all 3 and cash flow! Duplex (904/908) was built in 2005 w/ each unit featuring 3 beds, 2.5 baths, a single-car garage & private backyard/patio spaces. Detached home out front (#900) was built in 1924 and features hard wood floors, jack & jill bathroom, and large unfinished basement. All kitchen appliances & washer/dryer in each unit are included. #900 is recently VACANT (previously rented for $1,850/mo) and can be shown anytime with scheduled apt. DO NOT DISTURB TENANTS in duplex (i.e. do not go past the back side of the sing-fam unit). [Home Energy Score = 3. HES Report at https://rpt.greenbuildingregistry.com/hes/OR10244226]

Location

State OR

County Multnomah

Area _142

Zoning RM1

Rooms

Basement Crawl Space

Interior

Heating Forced Air

Exterior

Garage Spaces 2.0

Roof Type Composition

Garage No

Building

Lot Description Level

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, FHA, VALoan

Listing Terms Cash, Conventional, FHA, VALoan

Regional Multiple Listing Service (RMLS)

Nearby Locations

"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(503) 351-9716

heidi@heiditorkko.com

2175 NW Raleigh St, # 110, Portland OR 97210, Portland, Oregon, 97210, USA

900 NE 91ST AVE Portland, OR 97220