Estimated payment $4,904/month
DO NOT DISTURB TENANTS. Located in Portland’s desirable Montavilla neighborhood, this well-maintained 4-plex offers a strong investment opportunity or an ideal owner-occupant setup. Each of the four 1-bed, 1-bath units features a functional layout and sits on a generous corner lot just steps from freeway access making it an attractive option for tenants and commuters alike. Currently, two units are occupied. One unit is actively marketed at $1,550/month, and one unit will require some repairs prior to occupancy. The shared basement includes a co-op laundry area that generates approximately $100/month in additional income. With ample space and separate entry, the basement also offers potential for development into a fifth unit, buyer to verify with the city.
Listing Agent
Supreme Realty Group Brokerage Email: echarris0429@gmail.com License #201239006 Listed on: 08/05/2025
| 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 |
|---|---|---|---|---|
| 2023 | $8,568 | $323,340 | $0 | $0 |
| 2022 | $8,383 | $313,930 | $0 | $0 |
| 2021 | $8,241 | $304,790 | $0 | $0 |
| 2020 | $7,560 | $295,920 | $0 | $0 |
| 2019 | $7,282 | $287,310 | $0 | $0 |
| 2018 | $7,068 | $278,950 | $0 | $0 |
| 2017 | $6,774 | $270,830 | $0 | $0 |
| 2016 | $6,200 | $262,950 | $0 | $0 |
| 2015 | $6,037 | $255,300 | $0 | $0 |
| 2014 | $5,645 | $247,870 | $0 | $0 |
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 08/05/2025 08/05/25 | For Sale | $760,000 | -- | $275 / Sq Ft |
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Bargain Sale Deed | -- | None Listed On Document | |
| Bargain Sale Deed | -- | Accommodation | |
| Bargain Sale Deed | -- | Lawyers Title | |
| Bargain Sale Deed | -- | None Available | |
| Bargain Sale Deed | -- | Lawyers Title Insurance Corp | |
| Warranty Deed | -- | None Available | |
| Warranty Deed | $245,000 | Oregon Title Insurance Co | |
| Bargain Sale Deed | $69,381 | Oregon Title Insurance Co |
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $220,150 | Unknown | |
| Previous Owner | $220,000 | New Conventional | |
| Previous Owner | $208,000 | Unknown | |
| Previous Owner | $196,000 | Purchase Money Mortgage |
$595,000
*** ASTONISHING CASH FLOW *** OVER 9% CAP RATE *** This amazing cash flow is a rare find. HURRY NOW BEFORE THIS GREAT DEAL IS GONE!!! Very convenient location for easy commute. This property has 2 duplex buildings on one tax lot. There are two 2 bed 1 bath units and two 1 bed 1 bath units plus a laundry room. This property provides a great opportunity for an owner occupant - loans available
Jason Kennedy RE/MAX Equity Group
$795,000
NEW PRICE on this 4-plex investment property in great location on corner lot. DO NOT GO ON PROPERTY WITHOUT APPOINTMENT WITH REAL ESTATE BROKER. DO NOT DISTURB TENANTS.
Kris Cochran Cochran Property Group Inc.
$675,000
Fantastic Income producing duplex in prime Hamilton Heights Location! This beautifully maintained property offers two spacious units ideal for living in one and renting the other. Its also a great investment property or multi-generational living. The upper unit features 2 bedrooms and 2 bathrooms, a generous living room with fireplace, soaring ceilings, stunning wood paneling, and oversized
Nick Shivers Keller Williams PDX Central
$675,000
Charming Duplex with Bonus Basement Unit in the Heart of St. JohnsNestled in the vibrant St. Johns neighborhood, this versatile duplex presents a fantastic opportunity for both homeowners and investors. Each side of the duplex offers 1 spacious bedroom and 1 full bathroom, with light-filled, open-concept living areas that blend comfort and functionality—perfect for families, professionals, or
Rebecca Smith eXp Realty, LLC
$570,000
This classic mid-century duplex features two 2-bedroom 1-bathroom units and a consistent rental history. Each unit enjoys off-street parking and a small private yard. Upgrades include recently replaced exterior siding, windows, and electrical panels - plus seller to have new roof installed prior to closing. Located in the desirable Montavilla neighborhood and a few blocks from the park-like Rose
Lauren Klimoff MORE Realty
$874,900
Wonderfully kept 4 Plex in a very well established community, close to Rose City Golf, a public golf course. This property has been in the same family for over 60 years. Current long term tenants wish to stay. Unit 1208, 1210, 1212 are identical layouts with 1 bedroom 1 bathroom each. Wall to wall carpet and a fireplace in each unit. Rent is $1,030. Unit 1214 has 2 bedrooms and 1 bathroom. It
Benjamin Roth MORE Realty
$849,900
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.
Jeff Stephens MORE Realty
$649,900
Welcome to this well maintained Classic Duplex in the heart of NE Portlands Williams Corridor/Boise Elliot Neighborhood. This investment property has two separate rentable units with two separate garages and driveways. Lower unit features 1 bedroom, 1 full bathroom, pocket doors, wood floors, separate basement w/washer & dryer. 2nd unit features 2 bedrooms, large deck for entertaining and garden
Joshua Sher eXp Realty, LLC
$699,000
Spacious and versatile duplex, perfect for owner-occupants or investors! One unit features 3 bedrooms, the other 2 bedrooms—both with vaulted ceilings, ceiling fans, and laminate flooring throughout. Each unit includes its own washer and dryer for added convenience. One unit also boasts air conditioning for year-round comfort. With generous living space and a smart layout, this property offers
Boston Bate Matin Real Estate
Source: Regional Multiple Listing Service (RMLS)
MLS Number: 309651979
APN: R194891
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