Old Portland home in the heart of Montavilla neighborhood! This converted home now features 2 finished rental units. Main floor apartment features a studio style room & 1 bathroom unit a& boasts ample natural lighting. Upper floor 2 bedroom, 1 bath unit resides in the used-to-be 2nd floor. Great opportunity in full finished basement for a third unit with new housing laws! Duplex features a large yard complete with a garden bed & two car garage for storage. This duplex has great rental history!
Off market
$553,200
407 NE 79th Ave, Portland, OR 97213
2beds
2baths
2,352sqft
MultiFamily
Built in 1907
-- sqft lot
$553,200 Zestimate®
$235/sqft
$-- HOA
What's special
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 2
- Bathrooms: 2
Heating
- Forced air, Gas
Cooling
- None
Appliances
- Included: Dishwasher, Range / Oven, Refrigerator
- Laundry: Washer/Dryer Hookup
Features
- Flooring: Hardwood
- Basement: Finished, Full
- Attic: Storage
Interior area
- Total interior livable area: 2,352 sqft
Property
Parking
- Total spaces: 2
- Parking features: Garage - Detached
Features
- Exterior features: Stucco
Lot
- Size: 3,920 sqft
- Features: Level
Details
- Zoning: R2.5
Construction
Type & style
- Home type: MultiFamily
Materials
- Roof: Composition
Condition
- Approximately
- Year built: 1907
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Natural Gas Connected, Wireless
Community & neighborhood
Security
- Security features: Sidewalk
Location
- Region: Portland
HOA & financial
Other financial information
- Total actual rent: 2725
Other
Other facts
- Sewer: Public Sewer
- WaterSource: Public
- Heating: Forced Air
- RoadSurfaceType: Paved
- Appliances: Dishwasher, Refrigerator, Electric Water Heater, Range
- Basement: Finished, Full
- GarageYN: true
- HeatingYN: true
- NumberOfUnitsTotal: 2
- Utilities: Natural Gas Connected, Wireless
- Flooring: Hardwood
- ConstructionMaterials: Stucco
- LotFeatures: Level
- FarmLandAreaUnits: Square Feet
- ParkingFeatures: Storage, Garage
- RentIncludes: Water, Sewer, Trash Collection, Maintenance Grounds
- Zoning: R2.5
- Attic: Storage
- GrossIncome: 32700
- TotalActualRent: 2725
- CapRate: 5.78
- LaundryFeatures: Washer/Dryer Hookup
- CoListAgentEmail: Andy@MatinRealEstate.com
- CoListAgentFullName: Andy Wilcox
- MlsStatus: Pending
- SecurityFeatures: Sidewalk
- PropertyCondition: Approximately
- CommunityFeatures: Commons
- NetOperatingIncome: 30361
- OperatingExpense: 2339
- TaxAnnualAmount: 4091.34
- Road surface type: Paved
Services availability
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Estimated market value
$553,200