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  • $729,900

    4515 N Montana Ave, Portland, OR 97217

    4beds
    2,250sqft
    : 
    Multi Family
    Built in 1943
    -- sqft lot
    $-- Zestimate®
    $324/sqft
    $-- HOA

    What's special

    Quality finishesComfortable livingPrivate entrancesSpacious single-level unitGenerous floor plansThoughtful updates
    Investor Alert! Exceptional opportunity to own a well-maintained 4-plex in the highly sought-after Overlook neighborhood of North Portland. Each spacious, single-level unit offers 1 bed, 1 bath with comfortable living and thoughtful updates, quality finishes, and strong rental appeal. Tenants enjoy generous floor plans, private entrances, and a beautifully landscaped shared outdoor space—perfect for relaxing or entertaining or maximize the spacious double lot which offers upside potential to build more units and maximize your rents in one location! The property features newer systems and cosmetic upgrades including gas appliances and utilities keeping operations efficient and desirable while minimizing future capital expenses. The large basement provides ample storage options or potential for added value. Prime location near parks, public transit, and vibrant Mississippi Ave and Interstate. Ideal for stable cash flow in a high-demand rental market!
    41 days
    on Zillow
    |
    199
    |
    14
    |

    Zillow last checked: 7 hours ago

    Listing updated: May 21, 2025 at 05:37am

    Listed by:

    Darryl Bodle 503-597-2444,

    Keller Williams Realty Portland Premiere,

    Kelly Christian 908-328-1873,

    Keller Williams Realty Portland Premiere

    Source: RMLS (OR),MLS#: 355653838MLS Logo
    Travel times

    Tour with a buyer’s agent

    We’ll find a local expert to take you on a private tour of 4515 N Montana Ave.

    Next available tour time:Tomorrow at 11am

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 4
    • Bathrooms: 4
    • Full bathrooms: 4
    Heating
    • Forced Air
    Appliances
    • Included: Gas Water Heater
    • Laundry: Washer Dryer Hookup
    Features
    • Basement: Full,Partially Finished
    Interior area
    • Total structure area: 2,250
    • Total interior livable area: 2,250 sqft
    Video & virtual tour

    Property

    Features
    • Stories: 1
    • Has view: Yes
    • View description: Trees/Woods
    Lot
    • Size: 9,583.2 Square Feet
    • Features: Level, SqFt 7000 to 9999
    Details
    • Parcel number: R210483
    • Zoning: CM3

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Multi Family
    Materials
    • Other
    • Roof: Composition
    Condition
    • Existing
    • Year built: 1943

    Utilities & green energy

    • Gas: Gas
    • Sewer: Public Sewer
    • Water: Public

    Community & HOA

    Community
    • Subdivision: Overlook
    Location
    • Region: Portland

    Financial & listing details

    • Price per square foot: $324/sqft
    • Annual tax amount: $4,338
    • Date on market: 5/12/2025
    • Listing terms: Cash,Conventional,FHA
    • Total actual rent: 4935
    • Road surface type: Paved
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