606 NE 72ND AVE Portland, OR $ 824,900
606 NE 72ND AVE
$ 824,900
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606 NE 72ND AVE

Portland, OR, 97213
$ 824,900
Bedrooms6 Baths6.0

Monthly Estimate*

$ 5,146

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Multi-Family Home for sale in Portland, OR

for $824,900 with 6 bedrooms and 6 full baths. This home was built in 1959 on a lot size of 0.14.

Well-located 4-plex on a large lot with ample off-street parking in the desirable Montavilla neighborhood! Fully occupied at below-market rents, this property represents a value-add investment opportunity, or a great owner-occupied investment. The three main floor units have an interior staircase to their private basement area, which features a bonus room and utility room with W/D hookup. Hardwoods beneath carpets on the main level. Approx 75% of windows have been replaced with double-pane vinyl. Seller to provide credit at closing for roof repair.

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Multi-Family Active

Price

$ 824,900

Bedrooms

6

Full Bath

6

Property Type

Multi-Family

Taxes

$ 7,210

Style

Lot Size

0.14

Year Built

1959

Town/City

Portland

County/Region

Multnomah

MLS | Web ID

206315961

Features
General
Sewer PublicSewer
Heating Baseboard ForcedAir Radiant
Roof Composition
Zoning R2.5
Garage Spaces 0
Year Built 1959
Stories Count 2
Tax Year 2024
Parcel Number R119352
Gross Income 62460.0
Community Features AllLandscaping
County Multnomah
Net Operating Income 50560.0
Operating Expense 11900.0
Property Type MultiFamily
HOA N
Rent Includes MaintenanceGrounds Sewer TrashCollection Water
Status Active
Directions From NE Glisan go north on 72nd
High School Leodis McDaniel
City Portland
Number Of Units Total 4
MLS Area _143
Lot Size Square Feet 6098.0
Listing Terms Cash Conventional FHA VALoan
Elementary School Vestal
Tax Annual Amount 7210.59
Middle/Junior High School Roseway Heights
Property Condition Existing
Standard Status Active
Accessory Dwelling Unit Y/N N
Legal Description BRAINARD BLOCK 2 LOT 12&13 N 1/2 OF LOT 14
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Interior
Basement ExteriorEntry Finished
Hot Water Electricity
Unit 1 Baths Total 2
Unit 1 Beds Total 2
Unit 2 Baths Total 2
Unit 2 Beds Total 2
Unit 3 Baths Total 1
Unit 3 Beds Total 2
Unit 4 Baths Total 1
Unit 4 Beds Total 0
Unit Type UnitTypeType1 UnitTypeType2 UnitTypeType3 UnitTypeType4
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Exterior
Parking Features OffStreet
Lot Features Level
Water Source PublicWater
Total Parking 6.0
Exterior Description Cedar WoodSiding
Foundation Details ConcretePerimeter
Lot Size Acres 0.14
Road Surface Type Paved
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Internal Only
Street Number 1 606
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* Excluded Features
List By
More Realty

Broker

503-869-7303

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Affordability Calculator

$5,747
Per Month
90%
10%
0%
Monthly Principal & Interest
$5,146
Monthly Property Taxes
$601
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
3269607 Elementary School
3269618 Middle School
Leodis McDaniel High School High School
Pricing History
DatePricePrice ChangeDescription
9/2/2025$824,900 -2.94% Price Down
8/6/2025$849,900 -2.86% Price Down
7/17/2025$874,900 Listed Price

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606 NE 72ND AVE, Portland, OR, 97213 is a Multi-Family Home for sale at $824,900 with a lot size of 0.14. 606 NE 72ND AVE has 6 bedrooms, 6.0 baths, and was built in 1959. The property's zip code is 97213 which is in Portland, OR