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4300 N MONTANA AVE Portland, OR $ 900,000
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4300 N MONTANA AVE
$ 900,000
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4300 N MONTANA AVE

Portland, OR, 97217
$ 900,000
Bedrooms4 Baths3.0 Sq 3,066

Monthly Estimate*

$ 5,683

4300 N MONTANA AVE, Portland, OR 97217 - Image 1
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Multi-Family Home for sale in Portland, OR

for $900,000 with 4 bedrooms and 3 full baths. This 3,066 square foot home was built in 1923 on a lot size of 0.12.

Opportunity knocks in Overlook! This triplex offers immediate income with two of the three units currently leased, plus a vacant unit ready for an owner-occupant, new tenant, or value-add improvements. Located near MAX and major bus service, with the restaurants, shops, coffee, and nightlife of Mississippi Avenue close by. CM3 zoning offers future redevelopment flexibility while the existing triplex provides income today. A rare chance to invest in a well-connected North Portland location with income today and potential for tomorrow. Buyer to complete due diligence regarding zoning and future development possibilities.

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Multi-Family Active

Price

$ 900,000

Bedrooms

4

Full Bath

3

Property Type

Multi-Family

Taxes

$ 5,631

Style

Lot Size

0.12

Year Built

1923

Town/City

Portland

County/Region

Multnomah

MLS | Web ID

705994609
Features
General
Sewer PublicSewer
Heating Baseboard
Cooling WallUnit
Roof Composition Shingle
Zoning CM3
Year Built 1923
Stories Count 3
Tax Year 2025
Parcel Number R223434
Gross Income 54480.0
County Multnomah
Net Operating Income 35969.0
Operating Expense 18511.0
Property Type MultiFamily
HOA N
Subdivision Name OVERLOOK
Rent Includes Sewer TrashCollection Water
Status Active
Directions Corner of Montana and Skidmore
High School Jefferson
City Portland
Disclosures Disclosure
Number Of Units Total 3
MLS Area _141
Lot Size Square Feet 5227.0
Listing Terms Cash Conventional
Elementary School Beach
Tax Annual Amount 5631.2
Middle/Junior High School Ockley Green
Property Condition Approximately
Standard Status Active
Accessory Dwelling Unit Y/N N
Legal Description MULTNOMAH BLOCK 5 LOT 12
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Interior
Basement Unfinished
Storage Basement
Hot Water Electricity
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 2
Unit Type UnitTypeType1 UnitTypeType2 UnitTypeType3
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Exterior
Parking Features OffSite OnStreet
Lot Features OnBusline
Water Source PublicWater
Total Parking 3.0
Exterior Description Asbestos
Foundation Details ConcretePerimeter
Building Area Total 3066.0
Lot Size Acres 0.12
Road Surface Type Paved
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Internal Only
Street Number 1 4300
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* Excluded Features
List By
John L. Scott Portland Central

Broker

portlandcentral@johnlscott.com

Contact

Affordability Calculator

$6,152
Per Month
92%
8%
0%
Monthly Principal & Interest
$5,683
Monthly Property Taxes
$469
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.49% 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
7/24/2026$900,000 Listed Price

Map

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4300 N MONTANA AVE, Portland, OR, 97217 is a Multi-Family Home for sale at $900,000 with 3,066 sqft and a lot size of 0.12. 4300 N MONTANA AVE has 4 bedrooms, 3.0 baths, and was built in 1923. The property's zip code is 97217 which is in Portland, OR

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