MLS# 24055604 – 6841 N Montana Ave, Portland, OR 97217 – John Wesley McPherson, Jr., The Portland Team with Premiere Property Group, LLC

Listing courtesy of Keller Williams Realty Portland Premiere.

Property Description

Description

6 Units

Status: Active

Year Built: 2023

Neighborhood: Arbor Lodge

Days on Website: 83

Exquisite, modern NEW 6-unit apartment complex from quality local builder with 1 bed + 2 bed units in vibrant Arbor Lodge! Thoughtfully designed + flooding with light this impeccable open concept plex boasts high-end features, tall ceilings + neutral designer tones! Quality can be seen with a custom kitchen featuring gorgeous tilework, slab counters, SS appliances, expansive windows + doors out to a privately fenced backyard with patio! Bolster your investment portfolio with amazing quality + peace of mind + 1-year Builder Warranty! Phenomenal 92Bikescore, just blocks to restaurants, parks, shops + transit! Can be purchased as a package with identical building next-door.

Property Details and Features

Property Access

Road Surface Type:

Paved

Building

Building Area Total:

3774

Built in 2023

Stories:

Unit Type Type:

UnitTypeType1,UnitTypeType2,UnitTypeType3,UnitTypeType4,UnitTypeType5,UnitTypeType6

Expenses

Operating Expense Scheduled:

25631

Operating Expense:

$25,631

Exterior Features

Exterior Description:

CementSiding,LapSiding

Foundation

Foundation Details:

ConcretePerimeter,Slab

Heating

Heating Available

Heating:

Zoned

Income

CAP Rate:

5.14

Gross Income:

$107,850

Gross Rent Multiplier:

14.83

Gross Scheduled Income:

$107,850

Net Operating Income:

$82,219

Net Scheduled Income:

82219

Listing

Contract Status Change Date:

2024-08-29

Days On Market:

Last Transaction Date:

2024-08-29 18:14:46

List Price:

$1,599,900

Listing Contract Date:

2024-08-29

Listing Id:

24055604

Mls Status:

Active

Modification Timestamp:

2024-08-29 18:14:46

On Market Date:

2024-08-29

Rent Includes:

None

Standard Status:

Active

Location

MLS Area Major:

_141

Subdivision Name:

ARBOR LODGE

County Or Parish:

Multnomah

Lot

Features:

Level

Size Acres:

0.08

Size Range:

SqFt3000to4999

Size Square Feet:

3,484

Size:

3,000 to 4,999 SqFt

Property

Number Of Units Total:

Property Condition:

NewConstruction

Property View

Zoning:

RM3d

Roof

Roof:

Flat

Schools

High School:

Jefferson

Middle Or Junior School:

Ockley Green

Elementary School:

Chief Joseph

Sewer

Sewer:

PublicSewer

Taxes

Legal Description

Tax Year:

2023

Unit One

Actual Rent:

$1,825

Area:

911

Features:

Dishwasher,Microwave,Range

Units Total:

2 total bathrooms

2 total bedroom

Unit Two

Actual Rent:

$1,775

Area:

851

Features:

Dishwasher,Microwave,Range

Units Total:

2 total bathrooms

2 total bedroom

Unit Three

Actual Rent:

$1,375

Area:

506

Features:

Dishwasher,Microwave,Range

Units Total:

1 total bathroom

1 total bedroom

Unit Four

Actual Rent:

$1,375

Area:

506

Features:

Dishwasher,Microwave,Range

Units Total:

1 total bathroom

1 total bedroom

Unit Five

Actual Rent:

$1,350

Area:

500

Features:

Dishwasher,Microwave,Range

Units Total:

1 total bathroom

1 total bedroom

Unit Six

Actual Rent:

$1,350

Area:

500

Features:

Dishwasher,Microwave,Range

Units Total:

1 total bathroom

1 total bedroom

Utilities

Fuel Description:

Electricity

Water Source:

PublicWater

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$1,599,900 - Br/0Ba - for Sale in Arbor Lodge, Portland

Virtual Tour

Contact an Agent

John Wesley McPherson, Jr., CFA

503406-1776 Email Me

Location

$1,599,900 -

6841 N Montana Ave Portland , OR 97217

MLS Area Major: _141

Street View

Nearby Schools

Recent Sales in the Area

This content last updated on November 20, 2024 12:46PM. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.