6712 N MONTANA AVE Portland, OR97217

$2,475,000
11 total units
1 total bedrooms
2 total bathrooms
$169,800 annual income
Capitilization Rate: 4.52
7176 total sq. ft
3,000 to 4,999 SqFt
Elementary School: Chief Joseph
Middle School: Ockley Green
High School: Jefferson
Zoning: RM3
1172 days on market
Tour #1Tour #2

VestorFilter™

Price per unit$225K/unit
Price per ft²$344.90/ft²
Price per acre$35.11M/ac
Price per bedroom$2475K/bed
Time on market1172 days

Property Description

Built in 2020, The Eleven consists of 11 high-end units located in up & coming neighborhood Arbor Lodge. Developed by Edge Development & designed by an award winning architect, floor plans are spacious, highly efficient & ideal for today's modern renter. 5 1bd /1ba units & 6 large studios. High quality finishes including quartz counter tops, tile backsplash, stainless steel energy efficient appliances, washer/dryer in every unit. Exempt from Oregon's statewide rent control for the next 14 years.

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Financial Data

Date Sold2021-09-17
Sold Price$2,475,000
Original Price$2,600,000
Current Price$2,475,000
Property Taxes$24,750

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Home Facts

StatusSold
Year Built2020
Stories3
MLS ID21000743

Unit Details

Unit 1
Unit 2