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    5417 N Montana Ave

    Portland, OR 97217
    • $1,130,000
    • STATUS: Active
    • ON SITE: 90 days
    • MLS #: 21155348
    $1,130,000
    • 9
      BEDS
    • N/A
      ACRES
    • 5
      BATHS
    • 0
      1/2 BATHS
    • 3,890
      SQFT
    • $290
      $/SQFT
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1909
    County:

    School Information

    Elementary School:
    Middle School:
    High School:

    Description

    Fantastic investor income opportunity! This is a very well maintained multifamily 5-unit property in a great location. 5407 N Montana is a detached 2 bdrm/1ba home, 5411 & 5413 are two 2bdrm/1ba attached homes, and 5417 & 5421 is a detached duplex: 2bdrms/1ba on the main level with a 1bdr/1ba unit above. 5417 was built in 1909 and the other units were added in 2005. Shared laundry & bike storage. Walk score: 92, Bike score: 95, & many public transportation options nearby.

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    Listing content is copyright © 2021 RMLS™, Portland, Oregon. The content relating to real estate for sale on this web site comes in part from the IDX program of the RMLS™ of Portland, Oregon. Real estate listings held by brokerage firms other than Premiere Property Group LLC are marked with the RMLS™ logo, and detailed information about these properties includes the names of the listing brokers. Data last updated 2021-06-23T23:39:42.427.Data deemed reliable but not guaranteed. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available. IDX information is provided exclusively for consumers’ personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All information provided is deemed reliable but is not guaranteed accurate by RMLS™ or Premiere Property Group LLC and should be independently verified.
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    5417 N Montana Ave Portland, OR 97217

    • Price: $1,130,000
    • Status: Active
    • MLS #: 21155348
    9
    Beds
    5
    Baths
    0
    ½ Baths
    N/A
    Acres
    3,890
    SQFT
    $290
    $/SQFT
    1909
    Built
    Neighborhood:
    Overlook Neighborhood
    County:
    Multnomah
    Area:
    141-Portland North
    Elementary School:
    Beach
    Middle School:
    Ockley Green
    High School:
    Jefferson
    Property Description
    Fantastic investor income opportunity! This is a very well maintained multifamily 5-unit property in a great location. 5407 N Montana is a detached 2 bdrm/1ba home, 5411 & 5413 are two 2bdrm/1ba attached homes, and 5417 & 5421 is a detached duplex: 2bdrms/1ba on the main level with a 1bdr/1ba unit above. 5417 was built in 1909 and the other units were added in 2005. Shared laundry & bike storage. Walk score: 92, Bike score: 95, & many public transportation options nearby.
    Exterior Features

    Exterior Description Cement SidingWood Siding Lot Description Level Lot Size 5000 To 6999 Sqft Parking Features None Roof Type Composition View YN No Water Description Public

    Interior Features

    Basement Crawl Space Cooling Description None Foundation Details Concrete Perimeter Heating Description Zoned Hot Water Description Electricity Unit Features DishwasherRangeRefrigeratorWindow Coverings Unit Type1 Features DishwasherRangeRefrigeratorWindow Coverings Unit Type1 Sq Ft 860 Unit Type2 Features DishwasherRangeRefrigeratorWindow Coverings Unit Type2 Sq Ft 860 Unit Type3 Features DishwasherRangeRefrigeratorWindow Coverings Unit Type3 Sq Ft 860 Unit Type4 Features Window Coverings Unit Type4 Sq Ft 760 Unit Type5 Features DishwasherRangeRefrigeratorWindow Coverings Unit Type5 Sq Ft 550

    Property Features

    Bank Owned YN No Capitalization Rate 3.82 CCRs YN No Common Amenities Laundry Country Us Fuel Description Electricity Gross Income Actual 72799 Gross Income Projected 81303 Gross Rent Multiplier 15.52 Net Income Actual 43141 Net Income Projected 49317 Occupancy Types Month To Month Operating Expenses Actual 29658 Operating Expenses Projected 31986 Property Condition Converted Rent Includes Trash CollectionSewerWaterMaintenance Grounds School High2 Roosevelt Security Features None Seller Disclosure Disclosure Sewer Description Public Sewer Short Sale YN No Storage None Tax Amount 5572.58 Third Party Approval YN No Unit Type1 Rent 1600 Unit Type1 Units Total 1 Unit Type2 Rent 1550 Unit Type2 Units Total 1 Unit Type3 Rent 1550 Unit Type3 Units Total 1 Unit Type4 Rent 1480 Unit Type4 Units Total 1 Unit Type5 Rent 950 Unit Type5 Units Total 1 Zoning Ex

    Listing provided courtesy of John L. Scott Ne Portland.


    Listing content is copyright © 2021 RMLS™, Portland, Oregon. The content relating to real estate for sale on this web site comes in part from the IDX program of the RMLS™ of Portland, Oregon. Real estate listings held by brokerage firms other than Premiere Property Group LLC are marked with the RMLS™ logo, and detailed information about these properties includes the names of the listing brokers. Data last updated 2021-06-23T23:39:42.427.Data deemed reliable but not guaranteed. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available. IDX information is provided exclusively for consumers’ personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All information provided is deemed reliable but is not guaranteed accurate by RMLS™ or Premiere Property Group LLC and should be independently verified.
     
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    Premiere Property Group LLC
    5000 Meadows Rd. Suite 150
    Lake Oswego OR, 97035