Skip main navigation
Active
  • $1,429,900

    4517 N Montana Ave, Portland, OR 97217

    8beds
    4,500sqft
    : 
    Multi Family
    Built in 1943
    -- sqft lot
    $-- Zestimate®
    $318/sqft
    $-- HOA

    What's special

    Quality finishesGas appliances and utilitiesComfortable floor plansOversized lotThoughtful updates
    Investor Alert! Exceptional opportunity to own two well-maintained 4-plexes across multiple lots in the highly sought-after Overlook neighborhood of North Portland. Each of the eight units is a generous, single-level 1 bed / 1 bath with thoughtful updates, quality finishes, and excellent rental appeal with upside potential. Tenants enjoy private entrances, comfortable floor plans, gas appliances and utilities, and access to beautifully landscaped shared outdoor space—ideal for relaxing or entertaining. The oversized lot presents potential to add additional units or enhance existing amenities to maximize future rental income. Recent system and cosmetic upgrades help ensure efficient operations and reduced capital expenses over time. A large basement provides ample storage or value-add possibilities. Prime location just minutes from parks, public transit, and the vibrant shops and restaurants on Mississippi Ave and Interstate Ave. A rare chance to acquire strong, stable cash flow in one of Portland’s most in-demand rental markets!
    41 days
    on Zillow
    |
    87
    |
    5
    |

    Zillow last checked: 8 hours ago

    Listing updated: May 21, 2025 at 05:43am

    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#: 304722776MLS Logo
    Travel times

    Tour with a buyer’s agent

    We’ll find a local expert to take you on a private tour of 4517 N Montana Ave.

    Next available tour time:Tomorrow at 11am

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 8
    • Bathrooms: 8
    • Full bathrooms: 8
    Heating
    • Forced Air
    Appliances
    • Included: Gas Water Heater
    • Laundry: Washer Dryer Hookup
    Interior area
    • Total structure area: 4,500
    • Total interior livable area: 4,500 sqft
    Video & virtual tour

    Property

    Features
    • Stories: 1
    • Has view: Yes
    • View description: Trees/Woods
    Lot
    • Size: 0.34 Acres
    • Features: Level, SqFt 10000 to 14999
    Details
    • Additional parcels included: R210483
    • Parcel number: R210484
    • Zoning: CM3

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Multi Family
    Materials
    • Other
    • Roof: Composition
    Condition
    • Updated/Remodeled
    • 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: $318/sqft
    • Annual tax amount: $9,719
    • Date on market: 5/12/2025
    • Listing terms: Cash,Conventional
    • Total actual rent: 9755
    • Loading
    • Loading