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Portland, OR, 97216 • Montavilla • Multnomah County
$202/sqft
Down payment assistance available
8Beds
3Baths
3,969Sqft
0.23 acLot
1950Built
Montavilla
Montavilla
This home is getting attention
Listed 7 days ago · 513 views · 7 saves
Demand and pricing signals for this listing
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7 days on market
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$202/sqft
Price per square foot
This home ranks in the top 18% of listings most likely to go under contract soon, based on market activity and demand signals.
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Multi Family · Built 1950
Strong investment opportunity with immediate income potential in Montavilla! This property, situated on a double lot with excellent development upside, was purchased as a gorgeous mid-century with a shop. The home is split into two units, in addition to the shop converted into a cottage. The main home has been configured into two separate living spaces, offering seven total bedrooms – four on the main level and three on the lower – each rented individually. The former shop has been transformed into a detached one-bedroom one-bathroom unit with tall ceilings, bringing the total to eight income-producing tenants. Each unit is equipped with its own kitchen, washer/dryer, and water heater. Positioned on a spacious corner lot, this property offers significant flexibility for future expansion or redevelopment with possibility of building a new home in front of the detached extended living space. Sellers have nearly completed the lot partition – only utility adjustments to be finalized. Located in the vibrant Montavilla neighborhood with a 98 Bike Score, enjoy easy access to freeways, tons of shopping, dining, transportation, plus convenient to all that Mt Tabor has to offer! Tenant occupied, please DO NOT walk property or disturb tenants – any offer will need to be subject to interior inspection.
Standout features identified
Our analysis highlights double lot, spacious corner lot, and seven total bedrooms as key attractions of this home.
Based on current rates
Est. 6.30% rate · 30yr fixed · $640,000 loan
Full calculator →Key facts and listing details
8 categories of property features
Market data and value estimates
3 schools rated nearby
Portland, OR, 97216
7 events
26 years of records
Local context around this listing
Portland, OR • Multnomah County
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