900 NE 91ST AVE

Portland, 97220

  • 8 Bed

  • 7 Bath

  • 1600 SqFt

  • 16 DOM

  • Built: 1924

  • Status: Active

$825,000

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900 NE 91ST AVE

Portland 97220

$825000

  • 8 Bed

  • 7 Bath

  • 1600 SqFt

  • 16 DOM

  • Built: 1924

  • Status: Active

Mohanraj Rajendran

Real Estate Agent

(503) 336-1515

Triplex with 6.18% Cap Rate. Current loan on the property is assumable at well below market rate. Call listing broker for more details. 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.

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