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Listing provided courtesy of Dream Life Homes- MLS# 672476183MLS Provider

4501 N MONTANA AVEPortland, OR 97217

Multi-Family · 0.12 Acres
$659,950 Active

4501 N MONTANA AVE Overview

Time on Site:
32 days
Visits:
2

Solid income-producing fourplex, in North Portland, conveniently located on Montana Ave in the Overlook neighborhood. Each of the four single-level units offers 1 bed and 1 bath ' a layout that's easy to rent, and easy to manage. With a total of 2,250 sq ft spread across the property/ four units. Full basement with assigned tenant storage space, and each unit has its own washer and dryer. Built in 1943, with new roof, fresh exterior trim paint, and updated electrical. Fourplex is turnkey, and fully occupied. Welcome to Overlook!

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4501 N MONTANA AVE Facts & Features

  • Type Multi-Family
  • Lot 0.12 Acres

Details

General

School Information

  • Elementary School: Beach
  • Middle Or Junior School: Ockley Green
  • High School: Jefferson

Income/Expenses

  • Gross Income: 53364.0
  • Net Operating Income: 29602.0
  • Operating Expense: 23762.0

Building Information

  • Year Built: 1943

Location/Region

  • Country: US
  • County Or Parish: Multnomah
  • MLS Area Major: 141 - Portland North

Rent/Lease Information

  • Rent Includes: Maintenance Grounds

Tax Information

  • Tax Annual Amount: 5582.46
  • Tax Year: 2025

General Information

  • Disclosures: Disclosure
  • Listing Terms: Cash,Conventional
  • Parcel Number: R210484
  • Property Condition: Approximately
  • Property Type: Multi Family
  • Zoning: CM3

Interior

General Information

  • Basement: Full Basement,Unfinished
  • Cooling: Wall Unit(s)
  • Foundation Details: Concrete Perimeter
  • Heating: Wall Heater
  • Stories: 1

Exterior

Parking Information

  • Parking Features: On Street

Lot Information

  • Lot Features: Level
  • Lot Size Acres: 0.12
  • Lot Size Square Feet: 5227.0
  • Road Surface Type: Concrete,Paved
  • Water Source: Public Water

Building Exterior/Construction

  • Roof: Composition

General Information

  • Number Of Units Total: 4
  • Sewer: Public Sewer

4501 N MONTANA AVE Neighborhood

Community

97217 (Portland) Demographics

37
Median Age
1,915
Population Density (per sq. mile)
62%
College Educated
$88,017
Estimated Median Income
8,644
Estimated Total Home Owners
6,194
Estimated Total Renters
58% / 42%
Estimated Owner / Renter Divide
2
Estimated Average Household Size
Community data courtesy of LiveBy, Inc.

Schools

School data courtesy of LiveBy, Inc. School ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating.

4501 N MONTANA AVE Monthly Cost

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* All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

4501 N MONTANA AVE Market Data

Based on the last 30 days in this zip code

$436,098
Average List Price
$291
Average Price per Square Foot
63
Properties Sold
97
Average Days on Market
234
Properties for Sale
Calculations provided by Reliance Network

4501 N MONTANA AVE History

Date Event Value Agent
5/28/2026Source: Regional MLS Added to Database
May 28, 2026
12/28/2025Source: Regional MLS Status Change
Sold
10/1/2025Source: Regional MLS Price Reduction
$639,900 -5.9%
8/13/2025Source: Regional MLS Price Reduction
$679,900 -2.9%
5/12/2025Source: Regional MLS Added to Database
May 12, 2025