411 NE 92ND AVE
Portland, OR, 97220 $ 499,000
Bedrooms3 Baths2.0 Sq 1,792 Monthly Estimate*
$ 3,072
for $499,000 with 3 bedrooms and 2 full baths. This 1,792 square foot home was built in 1943 on a lot size of 0.12.
Turnkey 2024 remodel with TWO updated units, including new roof, plumbing and electric — perfect for investors, multi-gen living, or an owner-occupant looking to offset their mortgage. The upper 3-bed/1-bath unit features a complete top-to-bottom refresh, including new systems, quartz counters, stainless appliances, luxury vinyl plank flooring, modern bath, fresh paint, updated fixtures, and new plumbing and electric systems. Clean lines, durable finishes, and new windows help the open living/dining area feel bright and functional. Each bedroom includes closet storage, and the layout offers effortless flow from kitchen to living space. The lower level is a fully updated studio with its own kitchen, full bath, laundry, and private entrance — an ideal rental, guest suite, or separate living quarters. Fresh finishes, wide-open layout, new flooring, and built-in shelving create a flexible and welcoming space with strong rental appeal. Outside, enjoy fenced off-street parking, a low-maintenance yard, and a shared garage divided into private storage bays for each unit. All major updates were completed in 2024, offering peace of mind and minimal owner upkeep. Located in NE Portland’s Montavilla area, this property provides quick access to local parks, shops, transit, dining, Montavilla Farmers Market, and vibrant community amenities. Easy freeway access makes commuting simple, while neighborhood charm boosts long-term rental demand. Live in one unit and rent the other, operate as a pure investment, or create a multi-generational setup — the flexibility is unbeatable. A truly move-in-ready duplex with immediate income potential.
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FeaturesGeneralSewer PublicSewer
Heating MiniSplit WallHeater
Cooling MiniSplit WallUnit
Roof Composition Shingle
Zoning R 2.5
Year Built 1943
Stories Count 2
Tax Year 2025
Parcel Number R265856
Gross Income 40417.0
County Multnomah
Net Operating Income 30500.0
Operating Expense 9917.0
Property Type MultiFamily
HOA N
Rent Includes TrashCollection
Status Active
Directions E on Glisan S on 92nd
High School Leodis McDaniel
City Portland
Disclosures Disclosure
Number Of Units Total 2
MLS Area _142
Lot Size Square Feet 5227.0
Listing Terms Cash Conventional FHA VALoan
Elementary School Vestal
Tax Annual Amount 4149.24
Middle/Junior High School Harrison Park
Property Condition UpdatedRemodeled
Virtual Tour https://listings.ruummedia.com/sites/rgbvlnzo/unbranded
Standard Status Active
Accessory Dwelling Unit Y/N N
Legal Description SANFORD BLOCK 6 LOT 7&8
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InteriorBasement SeparateLivingQuartersApartmentAuxLivingUnit
Storage Garage
Hot Water Electricity
Unit 1 Baths Total 1
Unit 1 Beds Total 3
Unit 2 Baths Total 1
Unit 2 Beds Total 0
Unit Type UnitTypeType1 UnitTypeType2
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ExteriorParking Features Driveway Secured
Lot Features Gated Level Trees
Water Source PublicWater
Total Parking 2.0
Exterior Description Cedar WoodSiding
Foundation Details ConcretePerimeter
Building Area Total 1792.0
Lot Size Acres 0.12
Road Surface Type Paved
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* Excluded FeaturesList Bysteveb@livingroomre.comEmail
Affordability Calculator
- Monthly Principal & Interest
- $3,072
- Monthly Property Taxes
- $346
- Monthly Home Insurance
- --
Default based on a 30-year fixed rate of 6.25% 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.
Learn more about how to save NearbyMulti-family listings in Portland, OR
Average List Price $1,562,026
Percent of Sale Price 213%
About Portland, OR 646,380 Population
22% Since 2002
$ 62,517 Median Income
39 Median Age
22% Households with Children
Trends Information provided by ATTOM Data Solutions.
3269607 Elementary School
3296986 Middle School
Leodis McDaniel High School High School
Pricing History| Date | Price | Price Change | Description |
|---|
| 2/11/2026 | $499,000 | | Listed Price |