Estimated payment $5,087/month
Well-located 4-plex on a large lot with ample off-street parking in the desirable Montavilla neighborhood! Fully occupied at below-market rents, this property represents a value-add investment opportunity, or a great owner-occupied investment. The three main floor units have an interior staircase to their private basement area, which features a bonus room and utility room with W/D hookup. Hardwoods beneath carpets on the main level. Approx 75% of windows have been replaced with double-pane vinyl. Seller to provide credit at closing for roof repair.
Listing Agent
MORE Realty Brokerage Phone: 503-869-7303 License #201237728 Listed on: 07/17/2025
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2024 | $7,211 | $269,500 | -- | -- |
| 2023 | $7,211 | $261,660 | $0 | $0 |
| 2022 | $6,783 | $254,040 | $0 | $0 |
| 2021 | $6,669 | $246,650 | $0 | $0 |
| 2020 | $6,118 | $239,470 | $0 | $0 |
| 2019 | $5,893 | $232,500 | $0 | $0 |
| 2018 | $5,720 | $225,730 | $0 | $0 |
| 2017 | $5,482 | $219,160 | $0 | $0 |
| 2016 | $5,017 | $212,780 | $0 | $0 |
| 2015 | $4,885 | $206,590 | $0 | $0 |
| 2014 | $4,812 | $200,580 | $0 | $0 |
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 09/02/2025 09/02/25 | Price Changed | $824,900 | -2.9% | -- |
| 08/06/2025 08/06/25 | Price Changed | $849,900 | -2.9% | -- |
| 07/17/2025 07/17/25 | For Sale | $874,900 | -- | -- |
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Interfamily Deed Transfer | -- | Chicago Title Insurance Co | |
| Interfamily Deed Transfer | -- | Pacific Nw Title |
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Closed | $217,750 | Stand Alone Refi Refinance Of Original Loan | |
| Closed | $50,000 | Credit Line Revolving |
$675,000
*** 7.5% CAP RATE *** EXCELLENT CASH FLOW with VALUE ADD OPPORTUNITY *** This amazing .34 acre property has three homes and possibly room for one more. All three ROOFS ARE NEW and all three have RECENT INTERIOR UPDATES. Fully rented and ready! Very convenient location close to I-205 and many amenities. Hurry now before this opportunity is gone! [Home Energy Score = 2. HES Report at
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Benjamin Roth MORE Realty
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Brian Porter Opt
Source: Regional Multiple Listing Service (RMLS)
MLS Number: 206315961
APN: R119352
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