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606 NE 72ND Ave

Portland, OR 97213
  • $824,900
  • STATUS: Active
  • ON SITE: 145 Days
  • MLS #: 206315961
$824,900
  • 0
    BEDS
  • 0.14
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Multi-Family
Built:
1959
County:

School Information

Elementary School:
Middle School:
High School:

Description

Well-located 4-plex on a large lot with ample off-street parking in the desirable Montavilla neighborhood! Fully occupied at below-market rents, this property represents a value-add investment opportunity, or a great owner-occupied investment. The three main floor units have an interior staircase to their private basement area, which features a bonus room and utility room with W/D hookup. Hardwoods beneath carpets on the main level. Approx 75% of windows have been replaced with double-pane vinyl. Seller to provide credit at closing for roof repair.

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Listing content is copyright © 2025 RMLS™, Portland, Oregon. The content relating to real estate for sale on this web site comes in part from the IDX program of the RMLS™ of Portland, Oregon. Real estate listings held by brokerage firms other than Ladd Group, Cascade Sotheby's International Realty are marked with the RMLS™ logo, and detailed information about these properties includes the names of the listing brokers. Data last updated 2025-12-10T04:47:10.363.Data deemed reliable but not guaranteed. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available. IDX information is provided exclusively for consumers’ personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All information provided is deemed reliable but is not guaranteed accurate by RMLS™ or Ladd Group, Cascade Sotheby's International Realty and should be independently verified.
www.bendpropertysource.com/homes/165979273
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606 NE 72ND Ave Portland, OR 97213

  • Price: $824,900
  • Status: Active
  • On Site: 145 Days
  • MLS #: 206315961
0
Beds
0
Baths
0
½ Baths
0.14
Acres
1959
Built
Neighborhood:
143-Portland Southeast
County:
Multnomah
Area:
143-Portland Southeast
Elementary School:
Vestal
Middle School:
Roseway Heights
High School:
Leodis Mcdaniel
Property Description
Well-located 4-plex on a large lot with ample off-street parking in the desirable Montavilla neighborhood! Fully occupied at below-market rents, this property represents a value-add investment opportunity, or a great owner-occupied investment. The three main floor units have an interior staircase to their private basement area, which features a bonus room and utility room with W/D hookup. Hardwoods beneath carpets on the main level. Approx 75% of windows have been replaced with double-pane vinyl. Seller to provide credit at closing for roof repair.
Exterior Features

Attached Garage YN No Exterior Description Cedar Wood Siding Foundation Details Concrete Perimeter Lot Features Level Parking Features Off Street Parking Total 6 Road Surface Type Paved Roof Composition View YN No

Interior Features

Basement Exterior Entry Finished Cooling YN No Heating Baseboard Forced Air Radiant Heating YN Yes

Property Features

Association YN No Bank Owned YN No Community Features All Landscaping Fuel Description Electricity Gas Green Certification YN Yes Gross Income 62460 Hot Water Description Electricity IDXAddress Display YN Yes Listing Terms Cash Conventional FHA VALoan Net Operating Income 50560 Operating Expense 11900 Property Attached YN No Property Condition Existing Rent Includes Maintenance Grounds Sewer Trash Collection Water Sewer Public Sewer Short Sale YN No Tax Annual Amount 7210.59 Tax Year 2024 Water Source Public Water Zoning R2.5

Listing provided courtesy of MORE Realty: 503-869-7303.


Listing content is copyright © 2025 RMLS™, Portland, Oregon. The content relating to real estate for sale on this web site comes in part from the IDX program of the RMLS™ of Portland, Oregon. Real estate listings held by brokerage firms other than Ladd Group, Cascade Sotheby's International Realty are marked with the RMLS™ logo, and detailed information about these properties includes the names of the listing brokers. Data last updated 2025-12-10T04:47:10.363.Data deemed reliable but not guaranteed. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available. IDX information is provided exclusively for consumers’ personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All information provided is deemed reliable but is not guaranteed accurate by RMLS™ or Ladd Group, Cascade Sotheby's International Realty and should be independently verified.
 
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Ladd Group, Cascade Sotheby's International Realty
650 SW Bond St, Suite 100
Bend OR, 97702