623 NE 74th Ave, Portland, OR 97213
Local realty services provided by:CENTURY 21 Northstar
623 NE 74th Ave,Portland, OR 97213
$890,000
- - Beds
- - Baths
- 2,688 sq. ft.
- Multi-family
- Pending
Listed by: lillie barr
Office: exp realty, llc.888-814-9613
MLS#:707682250
Source:PORTLAND
Price summary
- Price:$890,000
- Price per sq. ft.:$331.1
About this home
ASSUMABLE Option @ 3.4%. Rare opportunity to acquire a 5-unit multifamily property in the Montavilla neighborhood of NE Portland. 623–631 NE 74th Ave offers a compelling combination of location, charm, and long-term investment potential that continues to draw strong interest.Situated on an 9,500 SF (0.22-acre) lot, this well-maintained asset features a desirable mix of 1-bedroom and 2-bedroom units, along with on-site laundry, owner storage, and off-street parking—features that support strong rental retention and operational efficiency.The property is stabilized with long-standing tenants, providing immediate income, while offering clear value-add upside through interior improvements and rent optimization. This is a solid, well-located property suited for a skilled investor or portfolio buyer seeking to enhance value over time.Located in a high-demand rental area with easy access to neighborhood amenities, public transportation, schools, and major routes throughout NE Portland. Properties of this size and quality are rarely available in this submarket.Seller is a Licensed Real Estate Agent in Oregon and Trustee to the property. [Home Energy Score = 4. HES Report at https://rpt.greenbuildingregistry.com/hes/OR10242612]...
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Home facts
- Year built:1961
- Listing ID #:707682250
- Added:193 day(s) ago
- Updated:April 26, 2026 at 07:26 AM
Rooms and interior
- Living area:2,688 sq. ft.
Heating and cooling
- Heating:Baseboard
Structure and exterior
- Roof:Composition
- Year built:1961
- Building area:2,688 sq. ft.
- Lot Features:Level
- Foundation Description:Concrete Perimeter
- Levels:1 Story
Schools
- High school:Leodis McDaniel
- Middle school:Roseway Heights
- Elementary school:Vestal
Utilities
- Water:Public Water
- Sewer:Public Sewer
Finances and disclosures
- Price:$890,000
- Price per sq. ft.:$331.1
- Tax amount:$9,853 (2025)
Parking
- Total parking spaces:5
- Parking description:Assigned, Off Street
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