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About the Listing MRER01 - PRAISLER
Triplex with 6.53% Cap Rate. Current loan on the property is assumable at well below market rate. Great investment opportunity in Montavilla neighborhood of NE Portland. 3 addresses on 1 tax lot. Front house will roll into a month to month lease starting 6/27/2025 without a rent increase. This may open opportunities for a owner occupied unit and keep the duplex as a rental. The 3-unit property consists of a 774 square foot, detached home built in 1924. A duplex on the back of the property was built in 2005. House features hard wood flooring, jack & jill bathroom and large unfinished basement. The duplex units are each comprised of 3 bedrooms & 2.5 bath with quality finishes, stainless appliances, gas fireplaces, quality flooring and fenced yards.
Listing Highlights
Status
Active
Days on Site
189
Property Type
Multi-Family
MLS ®
616068677
Year Built
1924
Total Square Footage
4,096
Lot/Acreage
0.17
County
Multnomah
Neighborhood
Montavilla
Elementary School
Vestal
Middle School
Harrison Park
High School
Leodis McDaniel
Interior Details
- Bedrooms: 8
- Bathrooms: 7 Full
- Appliances:
- Air Cond:
- Heating: Forced Air
- Fireplaces:
- Floor:
- Above Ground Sq Ft:
- Below Ground Sq Ft: n/a
- Basement: Crawl Space,Unfinished
- Other:
- Water: Public Water
Exterior Details
- Lot Description: Gentle Sloping
- Garage Capacity: 2 car
- Parking Spaces: 2
- Zoning: RM1
- Roof: Composition
- Others: Updated/Remodeled
- Sewer: Public Sewer
- Parking Features: Garage,On Street
Financial Details
- Tax Amount: $10,911
- Taxes w/Assessments: N/A
- Tax/Property ID: R319476
- Tax Year: N/A
Payment Calculator
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Questions About..
900 NE 91st Ave Portland, OR 97220
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