623 NE 74TH AVE

Rare multi-family opportunity in Montavilla — 623–629 NE 74th Ave, with RARE ASSUMABLE 3.4%. This tidy 5-unit property sits on a 9,500 (0.22-acre lot) and delivers stabilized cashflow in a convenient NE Portland location. The asset contains a mix of 1-bedroom and 2-bedroom units, with long-standing rents and off-street parking. Well-positioned for hands-on owners, a small portfolio buyer, or if you want another asset to add, this is it! The property benefits from strong neighborhood demand, easy access to local shops, transit and schools, and straightforward value-add upside through interior updates and lease optimization. Seller is a Licensed Real Estate Agent in Oregon and trustee to property. [Home Energy Score = 4. HES Report at https://rpt.greenbuildingregistry.com/hes/OR10242612]