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Listed by eXp Realty, LLC • 503-313-8806
$ 890,000
Est. payment /mo
Active
623 NE 74TH AVE Portland, OR 97213
2,688 SqFt
UPDATED:
Key Details
Property Type Multi-Family
Listing Status Active
Purchase Type For Sale
Square Footage 2,688 sqft
Price per Sqft $331
MLS Listing ID 707682250
HOA Y/N No
Year Built 1961
Annual Tax Amount $9,852
Tax Year 2025
Property Description
Rare multi-family opportunity in Montavilla — 623–629 NE 74th Ave, with RARE ASSUMABLE 3.4%. This tidy 5-unit property sits on a 9,500 (0.22-acre lot) and delivers stabilized cashflow in a convenient NE Portland location. The asset contains a mix of 1-bedroom and 2-bedroom units, with long-standing rents and off-street parking. Well-positioned for hands-on owners, a small portfolio buyer, or if you want another asset to add, this is it! The property benefits from strong neighborhood demand, easy access to local shops, transit and schools, and straightforward value-add upside through interior updates and lease optimization. Seller is a Licensed Real Estate Agent in Oregon and trustee to property. [Home Energy Score = 4. HES Report at https://rpt.greenbuildingregistry.com/hes/OR10242612]
Location
State OR
County Multnomah
Area _143
Zoning R2.5
Rooms
Basement None
Interior
Heating Baseboard
Cooling None
Exterior
Roof Type Composition
Garage No
Building
Lot Description Level
Story 1
Foundation Concrete Perimeter
Sewer Public Sewer
Water Public Water
Level or Stories 1
Schools
Elementary Schools Vestal
Middle Schools Roseway Heights
High Schools Leodis Mcdaniel
Others
Acceptable Financing Assumable, Cash, Conventional
Listing Terms Assumable, Cash, Conventional
Mason Drews | Real Broker LLC
Broker | License ID: 201233704
+1(541) 357-8683 | mason@theoperativegroup.com