MLS# 24245007 – 8207 N Montana Ave, Portland, OR 97217 – John Wesley McPherson, Jr., The Portland Team with Premiere Property Group, LLC

Property Description

Description

6 Units

Status: Pending

Year Built: 2015

Neighborhood: Kenton

Days on Website: 115

These units have elegance and convenience with features like Vilange flooring, eating bars, quality appliances, custom cabinetry, air conditioning, non-smoking and in-unit washer/dryers. Located by Interstate bus lines, MAX lines, I-5, Lombard, Columbia Blvd, St. Johns, University of Portland, parks, restaurants, cafes, grocery stores, easy commute to downtown Portland, Vancouver, PDX airport, etc. Walk to shopping and restaurants on Denver Street! **Contract Terms Available - Contact LA.

Property Details and Features

Unit One

Units Total:

Actual Rent:

$1,625

Area:

720

Features:

AirConditioning,Dishwasher,Refrigerator,WasherDryer

1 total bathroom

2 total bedroom

Property Access

Road Surface Type:

Paved

Basement

Basement:

CrawlSpace

Building

Building Area Total:

4320

Built in 2015

Stories:

Unit Type Type:

UnitTypeType1,UnitTypeType2,UnitTypeType3,UnitTypeType4,UnitTypeType5,UnitTypeType6

Cooling

Cooling Equipped

Cooling:

MiniSplit

Expenses

Operating Expense Scheduled:

29263

Operating Expense:

$29,263

Exterior Features

Exterior Description:

CementSiding

Heating

Heating Available

Heating:

MiniSplit

Income

CAP Rate:

5.99

Gross Income:

$111,300

Gross Rent Multiplier:

12.31

Gross Scheduled Income:

$120,600

Net Operating Income:

$82,037

Net Scheduled Income:

91337

Listing

Contract Status Change Date:

2024-09-07

Cumulative Days On Market:

Days On Market:

Last Transaction Date:

2024-09-08 10:31:35

List Price:

$1,369,900

Listing Contract Date:

2024-07-29

Listing Id:

24245007

Mls Status:

Pending

Modification Timestamp:

2024-09-08 10:31:35

Off Market Date:

2024-09-07

On Market Date:

2024-07-29

Previous List Price:

$1,369,000

Purchase Contract Date:

2024-09-07

Rent Includes:

TrashCollection

Standard Status:

Pending

Location

MLS Area Major:

_141

Subdivision Name:

Kenton

County Or Parish:

Multnomah

Lot

Size Acres:

0.05

Size Range:

SqFt0Kto2999

Size Square Feet:

2,178

Size:

0K to 2,999 SqFt

Parking

Features:

OnStreet

Property

Number Of Units Total:

Property Condition:

Existing

Zoning:

RM3

Roof

Roof:

Composition

Schools

High School:

Roosevelt

Middle Or Junior School:

Ockley Green

Elementary School:

Peninsula

Sewer

Sewer:

PublicSewer

Taxes

Annual Amount:

$11,589

Legal Description

Tax Year:

2023

Unit Two

Actual Rent:

$1,520

Area:

720

Features:

AirConditioning,Dishwasher,Refrigerator,WasherDryer

Units Total:

1 total bathroom

2 total bedroom

Unit Three

Actual Rent:

$1,375

Area:

720

Features:

AirConditioning,Dishwasher,Refrigerator,WasherDryer

Units Total:

1 total bathroom

2 total bedroom

Unit Four

Actual Rent:

$1,570

Area:

720

Features:

AirConditioning,Dishwasher,Refrigerator,WasherDryer

Units Total:

1 total bathroom

2 total bedroom

Unit Five

Actual Rent:

$1,520

Area:

720

Features:

AirConditioning,Dishwasher,Refrigerator,WasherDryer

Units Total:

1 total bathroom

2 total bedroom

Unit Six

Actual Rent:

$1,550

Area:

720

Features:

AirConditioning,Dishwasher,Refrigerator,WasherDryer

Units Total:

1 total bathroom

2 total bedroom

Utilities

Fuel Description:

Electricity

Hot Water Description:

Electricity

Water Source:

PublicWater

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8207 N Montana Ave Portland , OR 97217

Property Description

Description

Open House

Open House

Property Details and Features

Property Details and Features

Contact an Agent

John Wesley McPherson, Jr., CFA

Location

Street View

Nearby Schools

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