Recently Listed Open House 8/16 1pm - 3pm
9042 SW MONTEREY PL
Portland, OR, 97225 $ 749,900
Bedrooms5 Baths4.0 Sq 3,000 Monthly Estimate*
$ 4,735
for $749,900 with 5 bedrooms and 4 full baths. This 3,000 square foot home was built in 1967 on a lot size of 0.22.
Looking for the perfect owner-occupied duplex? This beautifully updated mid-century modern duplex lives more like a single-family home with a separate ADU, offering the ideal combination of comfortable living and rental income. Unit 9042 is vacant and move-in ready, allowing you to live in the larger unit while the strong rental income from 9040 helps pay the mortgage. Lovingly remodeled while preserving its mid-century charm and original character, this property is in excellent condition inside and out. Recent improvements include a BRAND NEW ROOF, newer vinyl windows, two new water heaters, updated kitchens and bathrooms, new exterior paint, one new electrical panel, and copper plumbing. Unit 9042 features a mini-split HVAC system for A/C, a private deck, and a flexible lower level that could potentially be rented separately for even more income. Each unit has its own garage, and the beautifully landscaped, park-like setting is filled with mature trees and privacy. Located on a quiet road with no through-traffic and just minutes from Providence St. Vincent Medical Center—close enough to walk—this property is ideally positioned for a strong tenant base of nearby medical professionals. Perfect for the buyer looking to house-hack, reduce their mortgage payment with rental income, or secure a turnkey investment in a highly desirable location. A rare blend of character, condition, income, and owner-occupant appeal!
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Open House
8/16/2026 1:00 PM - 3:00 PM
9042 SW MONTEREY PL Portland, OR
* Some states or local ordinances may prohibit Open Houses at this time, please confirm with your Weichert agent or local rep to confirm
FeaturesGeneralSewer PublicSewer
Heating ForcedAir MiniSplit
Cooling MiniSplit
Roof Composition
Zoning r15
Garage Spaces 2.0
Year Built 1967
Stories Count 2
Tax Year 2025
Parcel Number R9047
Gross Income 23940.0
County Washington
Net Operating Income 7356.0
Operating Expense 16584.0
Property Type MultiFamily
HOA N
Rent Includes Sewer Water
Status Active
Directions Hwy 26 East on Barnes Rd South on Monterey Place
High School Beaverton
City Portland
Disclosures Disclosure
Number Of Units Total 2
MLS Area _148
Lot Size Square Feet 9583.0
Listing Terms Cash Conventional FHA VALoan
Elementary School W Tualatin View
Tax Annual Amount 7428.46
Middle/Junior High School Cedar Park
Standard Status Active
Accessory Dwelling Unit Y/N N
Legal Description PACIFIC GREEN LOT 28 ACRES 0.22
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InteriorBasement Finished FullBasement
Storage Garage IndividualStorageUnits
Hot Water Electricity
Unit 1 Baths Total 1
Unit 1 Beds Total 2
Unit 2 Baths Total 3
Unit 2 Beds Total 3
Unit Type UnitTypeType1 UnitTypeType2
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ExteriorParking Features Garage OffStreet
Lot Features Trees
Water Source PublicWater
Total Parking 4.0
Exterior Description LapSiding
Foundation Details ConcretePerimeter
Building Area Total 3000.0
Lot Size Acres 0.22
Road Surface Type Paved
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* Excluded FeaturesAffordability Calculator
- Monthly Principal & Interest
- $4,735
- Monthly Property Taxes
- $619
- 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.
Learn more about how to save NearbyMulti-family listings in Portland, OR
Average List Price $2,207,414
Percent of Sale Price 194%
About Portland, OR 160,339 Population
0% Since 2002
$ 0 Median Income
0 Median Age
33% Households with Children
Trends Information provided by ATTOM Data Solutions.
1950765 Elementary School
1950341 Middle School
Beaverton High School High School
Pricing History| Date | Price | Price Change | Description |
|---|
| 8/13/2026 | $749,900 | | Listed Price |