5417 N MONTANA AVE Portland, OR97217

$945,500
5 total units
9 total bedrooms
5 total bathrooms
$72,799 annual income
Capitilization Rate: 4.34
3890 total sq. ft
5,000 to 6,999 SqFt
Elementary School: Beach
Middle School: Ockley Green
High School: Jefferson
Zoning: EX
1100 days on market

VestorFilter™

Price per unit$189.1K/unit
Price per ft²$243.06/ft²
Recent price drop$184,500
Price per acre$8.05M/ac
Price per bedroom$105.1K/bed
Time on market1100 days

Property Description

Fantastic investor income opportunity! This is a very well maintained multifamily 5-unit property in a great location. 5407 N Montana is a detached 2 bdrm/1ba home, 5411 & 5413 are two 2bdrm/1ba attached homes, and 5417 & 5421 is a detached duplex: 2bdrms/1ba on the main level with a 1bdr/1ba unit above. 5417 was built in 1909 and the other units were added in 2005. Shared laundry & bike storage. Walk score: 92, Bike score: 95, & many public transportation options nearby.

{{ compliance-logo }}Listing Provided By John L. Scott NE Portland

Financial Data

Date Sold2021-08-26
Sold Price$945,500
Price ChangeDropped $184,500 on 08/27/2021
Total $243,500 drop
Original Price$1,189,000
Current Price$945,500
Property Taxes$5,573

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Home Facts

StatusSold
Year Built1909
Exterior Features
MLS ID21155348

Unit Details

Unit 1
Unit 2
Unit 3
Unit 4
Unit 5