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4840 NE 99TH AVE Portland, OR $ 559,950
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$ 559,950 Get more info
4840 NE 99TH AVE
$ 559,950
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Share Save

4840 NE 99TH AVE

Portland, OR, 97220
$ 559,950
Bedrooms6 Baths4.0 Sq 1,974

Monthly Estimate*

$ 3,493

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Multi-Family Home for sale in Portland, OR

for $559,950 with 6 bedrooms and 4 full baths. This 1,974 square foot home was built in 1933 on a lot size of 0.11.

*** 10% DOWN INVESTOR LOAN *** 9.74% CAP RATE *** A CAP Rate higher than the loan interest rate is a no brainer! CLAIM THIS POSITIVE CASH FLOW NOW!!! Very convenient location for easy commute. This property has 2 duplex buildings on one tax lot. There are two 2 bed 1 bath units and two 1 bed 1 bath units plus a laundry room. This property provides a great opportunity for an owner occupant - loans available with as little as zero down for veterans or 3.5% and 5% down options for most other owner occupants and possible help for the 5%. Investor loan available with as little as 10% down. This is the deal you've been looking for! [Home Energy Score = 6. HES Report at https://rpt.greenbuildingregistry.com/hes/OR10235317]

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Multi-Family Active

Price

$ 559,950

Bedrooms

6

Full Bath

4

Property Type

Multi-Family

Taxes

$ 2,262

Style

Lot Size

0.11

Year Built

1933

Town/City

Portland

County/Region

Multnomah

MLS | Web ID

796374130
Features
General
Sewer PublicSewer
Heating Baseboard
Roof Composition
Zoning CM2
Year Built 1933
Stories Count 1
Tax Year 2025
Parcel Number R235741
Gross Income 66734.0
County Multnomah
Net Operating Income 54511.0
Operating Expense 12223.0
Property Type MultiFamily
HOA N
Rent Includes Sewer TrashCollection Water
Status Active
Directions Wygant to north on 99th.
High School Parkrose
City Portland
Number Of Units Total 4
MLS Area _142
Lot Size Square Feet 4791.0
Listing Terms Cash Conventional FHA VALoan
Elementary School Prescott
Tax Annual Amount 2262.03
Middle/Junior High School Parkrose
Property Condition Existing
Standard Status Active
Accessory Dwelling Unit Y/N N
Legal Description PARKROSE & RPLT BLOCK 83 LOT 7
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Exterior
Parking Features Driveway OffStreet
Lot Features Cul_de_sac Level
Water Source PublicWater
Total Parking 4.0
Exterior Description T111Siding WoodSiding
Foundation Details PillarPostPier
Building Area Total 1974.0
Lot Dimensions 50 x 100
Lot Size Acres 0.11
Road Surface Type Paved
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Interior
Hot Water Electricity
Unit 1 Baths Total 1
Unit 1 Beds Total 2
Unit 2 Baths Total 1
Unit 2 Beds Total 2
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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Internal Only
Street Number 1 4840
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* Excluded Features
List By
Re/Max Equity Group

Broker

Jason@JasonKennedy.com

Email

Affordability Calculator

$3,682
Per Month
95%
5%
0%
Monthly Principal & Interest
$3,493
Monthly Property Taxes
$189
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.375% 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
1949353 Elementary School
1950293 Middle School
Parkrose High School High School
See complete school information
Pricing History
DatePricePrice ChangeDescription
10/9/2025$559,900 -4.29% Price Down
9/3/2025$585,000 -1.68% Price Down
6/24/2025$595,000 -0.83% Price Down
2/7/2025$600,000 Listed Price

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4840 NE 99TH AVE, Portland, OR, 97220 is a Multi-Family Home for sale at $559,950 with 1,974 sqft and a lot size of 0.11. 4840 NE 99TH AVE has 6 bedrooms, 4.0 baths, and was built in 1933. The property's zip code is 97220 which is in Portland, OR

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