About 900 Ne 91st Ave
Triplex with 6.53% Cap Rate. Current loan on the property is assumable at well below market rate. Great investment opportunity in Montavilla neighborhood of NE Portland. 3 addresses on 1 tax lot. Front house will roll into a month to month lease starting 6/27/2025 without a rent increase. This may open opportunities for a owner occupied unit and keep the duplex as a rental. The 3-unit property consists of a 774 square foot, detached home built in 1924. A duplex on the back of the property was built in 2005. House features hard wood flooring, jack & jill bathroom and large unfinished basement. The duplex units are each comprised of 3 bedrooms & 2.5 bath with quality finishes, stainless appliances, gas fireplaces, quality flooring and fenced yards.
Features of 900 Ne 91st Ave
| MLS® # | 616068677 |
|---|---|
| Price | $799,000 |
| Bathrooms | 0.00 |
| Square Footage | 4,096 |
| Acres | 0.17 |
| Year Built | 1924 |
| Type | Multi Family |
| Status | Active |
Community Information
| Address | 900 Ne 91st Ave |
|---|---|
| Area | 142 - Portland Northeast |
| Subdivision | Montavilla |
| City | Portland |
| County | Multnomah |
| State | OR |
| Zip Code | 97220 |
Amenities
| Parking Spaces | 2 |
|---|---|
| Parking | Garage, On Street |
| # of Garages | 2 |
| Is Waterfront | No |
| Has Pool | No |
Interior
| Heating | Forced Air |
|---|---|
| Fireplace | No |
| # of Stories | 2 |
| Has Basement | Yes |
| Basement | Crawl Space, Unfinished |
Exterior
| Exterior | Wood Siding |
|---|---|
| Lot Description | Gentle Sloping |
| Roof | Composition |
| Foundation | Concrete Perimeter |
School Information
| Elementary | Vestal |
|---|---|
| Middle | Harrison Park |
| High | Leodis McDaniel |
Additional Information
| Date Listed | May 24th, 2025 |
|---|---|
| Days on Market | 140 |
| Zoning | RM1 |
| Short Sale | No |
| RE / Bank Owned | No |
Listing Details
| Office | MORE Realty |
|---|---|
| Contact Info | 503-701-4963 |