4501 N MONTANA AVE, Portland, OR 97217

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Sold Price
$639,900
List Price
$639,900
Closing Date
Dec 19, 2025
Days on Market
221
MLS#
309361782
Property Type
Multifamily
Sqft. of Residence
2,250
Lot Size
5, 000 to 6, 999 SqFt
Region
Portland North
Status
SOLD

Property Description

Investor Alert! Exceptional opportunity to own a well-maintained 4-plex in the highly sought-after Overlook neighborhood of North Portland. Each spacious, single-level unit offers 1 bed, 1 bath with comfortable living and thoughtful updates, quality finishes, and strong rental appeal. Tenants enjoy generous floor plans, private entrances, and a beautifully landscaped shared outdoor space—perfect for relaxing or entertaining. The property features newer systems and cosmetic upgrades including gas appliances and utilities keeping operations efficient and desirable while minimizing future capital expenses. The large basement provides ample storage options or potential for added value. Prime location near parks, public transit, and vibrant Mississippi Ave and Interstate Ave. Ideal for stable cash flow in a high-demand rental market!

Additional Information

Tax Amount
$5,381
Year Built
1943
High School
Jefferson
Elementary School
Beach
Middle School
Ockley Green
Acres
0.12
Living Area
2,250
Stories
1
Subdivision
Overlook
Terms
Cash, Conventional, FHA, VA Loan
Fuel Description
Gas
Heating Description
Forced Air
Hoa Rent Includes
None
Exterior Description
Other
Roof Type
Composition
Sewer Description
Public Sewer
View
Trees/Woods
Foreclosure
Yes
Number Of Units Total
4
Unit Type One Baths Total
1
Unit Type One Beds Total
1
Unit Type One Rent
1175
Unit Type One Sq Ft
563
Unit Type One Units Total
1
Unit Type Two Baths Total
1
Unit Type Two Beds Total
1
Unit Type Two Units Total
1
Unit Type Three Baths Total
1
Unit Type Three Beds Total
1
Unit Type Three Rent
1195
Unit Type Three Sq Ft
563
Unit Type Three Units Total
1
Unit Type Four Baths Total
1
Unit Type Four Beds Total
1
Unit Type Four Rent
1205
Unit Type Four Sq Ft
563
Unit Type Four Units Total
1

Mortgage Calculator

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Term of Loan
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Calculator source: Real Geeks

Listing courtesy of Keller Williams Realty Portland Premiere. Selling Office: Dream Life Homes.

The content relating to real estate for sale on this site comes in part from the IDX program of the RMLS of Portland, Oregon. Real Estate listings held by brokerage firms other than this firm are marked with the RMLS logo, and detailed information about these properties include the name of the listing's broker. Listing content is copyright © 2026 RMLS of Portland, Oregon. All information provided is deemed reliable but is not guaranteed and should be independently verified. This content last updated on . Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.