4300 N MONTANA AVE, Portland, OR 97217

$900,000
3,066
SqFt

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List Price
$900,000
Days on Market
4
MLS#
705994609
Property Type
Multifamily
Sqft. of Residence
3,066
Lot Size
5, 000 to 6, 999 SqFt
Region
Portland North
Status
ACTIVE

Property Description

Opportunity knocks in Overlook! This triplex offers immediate income with two of the three units currently leased, plus a vacant unit ready for an owner-occupant, new tenant, or value-add improvements. Located near MAX and major bus service, with the restaurants, shops, coffee, and nightlife of Mississippi Avenue close by. CM3 zoning offers future redevelopment flexibility while the existing triplex provides income today. A rare chance to invest in a well-connected North Portland location with income today and potential for tomorrow. Buyer to complete due diligence regarding zoning and future development possibilities.

Additional Information

Tax Amount
$5,631
Year Built
1923
High School
Jefferson
Elementary School
Beach
Middle School
Ockley Green
Acres
0.12
Living Area
3,066
Stories
3
Subdivision
OVERLOOK
Terms
Cash, Conventional
Cooling Description
Wall Unit(s)
Fuel Description
Electricity
Heating Description
Baseboard
Hoa Rent Includes
Sewer, Trash Collection, Water
Hot Water Description
Electricity
Exterior Description
Asbestos
Roof Type
Composition, Shingle
Sewer Description
Public Sewer
Parking
Off Site, On Street
Parking Description
Off Site, On Street
Road Surface
Paved
Number Of Units Total
3
Unit Type One Baths Total
1
Unit Type One Beds Total
1
Unit Type One Rent
1365
Unit Type One Sq Ft
740
Unit Type One Units Total
1
Unit Type Two Baths Total
1
Unit Type Two Beds Total
1
Unit Type Two Units Total
1
Unit Type Three Baths Total
1
Unit Type Three Beds Total
2
Unit Type Three Rent
1675
Unit Type Three Sq Ft
1040
Unit Type Three Units Total
1

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Calculator source: Real Geeks

Listing courtesy of John L. Scott Portland Central.

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