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4501 N MONTANA AVE Portland, OR $ 659,950
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4501 N MONTANA AVE
$ 659,950
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4501 N MONTANA AVE

Portland, OR, 97217
$ 659,950
Bedrooms4 Baths4.0

Monthly Estimate*

$ 4,063

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Multi-Family Home for sale in Portland, OR

for $659,950 with 4 bedrooms and 4 full baths. This home was built in 1943 on a lot size of 0.12.

Solid income-producing fourplex, in North Portland, conveniently located on Montana Ave in the Overlook neighborhood. Each of the four single-level units offers 1 bed and 1 bath — a layout that's easy to rent, and easy to manage. With a total of 2,250 sq ft spread across the property/ four units. Full basement with assigned tenant storage space, and each unit has its own washer and dryer. Built in 1943, with new roof, fresh exterior trim paint, and updated electrical. Fourplex is turnkey, and fully occupied. Welcome to Overlook!

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Multi-Family Active

Price

$ 659,950

Bedrooms

4

Full Bath

4

Property Type

Multi-Family

Taxes

$ 5,582

Style

Lot Size

0.12

Year Built

1943

Town/City

Portland

County/Region

Multnomah

MLS | Web ID

672476183
Features
General
Sewer PublicSewer
Heating WallHeater
Cooling WallUnit
Roof Composition
Zoning CM3
Year Built 1943
Stories Count 1
Tax Year 2025
Parcel Number R210484
Gross Income 53364.0
County Multnomah
Net Operating Income 29602.0
Operating Expense 23762.0
Property Type MultiFamily
HOA N
Rent Includes MaintenanceGrounds
Status Active
Directions Corner of N Prescott and N Montana
High School Jefferson
City Portland
Disclosures Disclosure
Number Of Units Total 4
MLS Area _141
Lot Size Square Feet 5227.0
Listing Terms Cash Conventional
Elementary School Beach
Tax Annual Amount 5582.46
Middle/Junior High School Ockley Green
Property Condition Approximately
Virtual Tour https://listings.pdxlistingphotos.com/sites/rdvjkokm/unbranded
Standard Status Active
Accessory Dwelling Unit Y/N N
Legal Description M PATTONS ADD & 2ND BLOCK 10 S 4' OF LOT 7 LOT 8
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Interior
Basement FullBasement Unfinished
Storage Basement IndividualStorageUnits
Unit 1 Baths Total 1
Unit 1 Beds Total 1
Unit 2 Baths Total 1
Unit 2 Beds Total 1
Unit 3 Baths Total 1
Unit 3 Beds Total 1
Unit 4 Baths Total 1
Unit 4 Beds Total 1
Unit Type UnitTypeType1 UnitTypeType2 UnitTypeType3 UnitTypeType4
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Exterior
Parking Features OnStreet
Lot Features Level
Water Source PublicWater
Exterior Description LapSiding
Foundation Details ConcretePerimeter
Lot Size Acres 0.12
Road Surface Type Concrete Paved
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Internal Only
Street Number 1 4501
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* Excluded Features
List By
Dream Life Homes

Broker

tamara.taylor.pdx@gmail.com

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Affordability Calculator

$4,529
Per Month
90%
10%
0%
Monthly Principal & Interest
$4,063
Monthly Property Taxes
$465
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.
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Nearby
1950960 Elementary School
1950460 Middle School
Jefferson High School High School
See complete school information
Pricing History
DatePricePrice ChangeDescription
5/28/2026$659,950 Listed Price

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4501 N MONTANA AVE, Portland, OR, 97217 is a Multi-Family Home for sale at $659,950 with a lot size of 0.12. 4501 N MONTANA AVE has 4 bedrooms, 4.0 baths, and was built in 1943. The property's zip code is 97217 which is in Portland, OR

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