7424 NE Halsey St Unit 7436 Portland, OR 97213
Montavilla NeighborhoodEstimated payment $4,666/month
Highlights
- Corner Lot
- Baseboard Heating
- Wood Siding
- No HOA
- Laundry Facilities
- 1-Story Property
About This Home
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 2-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, three units are fully occupied. 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. DO NOT DISTURB TENANTS.
Listing Agent
Supreme Realty Group Brokerage Email: echarris0429@gmail.com License #201239006 Listed on: 08/05/2025
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $8,911
Year Built
- Built in 1953
Lot Details
- 7,840 Sq Ft Lot
- Corner Lot
- Level Lot
Home Design
- Brick Exterior Construction
- Shingle Roof
- Composition Roof
- Wood Siding
- Shingle Siding
- Concrete Perimeter Foundation
Interior Spaces
- 2,760 Sq Ft Home
- 1-Story Property
Bedrooms and Bathrooms
- 8 Bedrooms
- 4 Bathrooms
Unfinished Basement
- Exterior Basement Entry
- Basement Storage
Parking
- 2 Parking Spaces
- Driveway
- Paved Parking
Schools
- Vestal Elementary School
- Roseway Heights Middle School
- Leodis Mcdaniel High School
Utilities
- No Cooling
- Heating System Uses Gas
- Baseboard Heating
- Electric Water Heater
Listing and Financial Details
- Assessor Parcel Number R194891
Community Details
Overview
- No Home Owners Association
- 4 Units
- Montavilla Subdivision
Amenities
- Laundry Facilities
Building Details
- Operating Expense $16,737
- Gross Income $76,140
- Net Operating Income $59,403
Map
Home Values in the Area
Average Home Value in this Area
Tax History
| 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 |
|---|---|---|---|---|
| 2025 | $9,243 | $343,030 | -- | -- |
| 2024 | $8,911 | $333,040 | -- | -- |
| 2023 | $8,911 | $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 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 10/03/2025 10/03/25 | Price Changed | $745,000 | -2.0% | $270 / Sq Ft |
| 08/05/2025 08/05/25 | For Sale | $760,000 | -- | $275 / Sq Ft |
Purchase History
| 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 |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $196,000 | Purchase Money Mortgage |
Source: Regional Multiple Listing Service (RMLS)
MLS Number: 309651979
APN: R194891
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The content relating to real estate for sale on this web site comes in part from the IDX program of the RMLS™ of Portland, Oregon. Real estate listings held by brokerage firms other than Ten-X are marked with the RMLS™ logo, and detailed information about these properties includes the names of the listing brokers. Listing content is copyright © 2025 RMLS™, Portland, Oregon. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available. All information provided is deemed reliable but is not guaranteed and should be independently verified.
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