4517 N Montana AVE

Portland, 97217

  • 5 Bed

  • 5 Bath

  • 4500 SqFt

  • 154 DOM

  • Built: 1943

  • Status: Active

$1,299,900

Price cut: $80K (10-01-2025)

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4517 N Montana AVE

Portland 97217

$1299900

Price cut: $80K (10-01-2025)

  • 5 Bed

  • 5 Bath

  • 4500 SqFt

  • 154 DOM

  • Built: 1943

  • Status: Active

Mohanraj Rajendran

Real Estate Agent

(503) 336-1515

Investor Alert! Exceptional opportunity to own two well-maintained 4-plexes across multiple lots in the highly sought-after Overlook neighborhood of North Portland. Each of the eight units is a generous, single-level 1 bed / 1 bath with thoughtful updates, quality finishes, and excellent rental appeal with upside potential. Tenants enjoy private entrances, comfortable floor plans, gas appliances and utilities, and access to beautifully landscaped shared outdoor space—ideal for relaxing or entertaining. The oversized lot presents potential to add additional units or enhance existing amenities to maximize future rental income. Recent system and cosmetic upgrades help ensure efficient operations and reduced capital expenses over time. A large basement provides ample storage or value-add possibilities. Prime location just minutes from parks, public transit, and the vibrant shops and restaurants on Mississippi Ave and Interstate Ave. A rare chance to acquire strong, stable cash flow in one of Portland’s most in-demand rental markets!

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