900 NE 91ST AVE

Portland, OR 97220

$810,000

Triplex with 6.44% 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.… Read MoreRead Less

Listing courtesy of MORE Realty.

Listing Snapshot - Source: Home Junction

Days Online

Last Updated

Aug 25, 2025

Square Ft.

4,096

Lot Size

0.17 Acres

Year Built

1924

MLS Number

616068677

30 Days Snapshot - Source: Home Junction

30 Days Snapshot Of 97220

$462k

+14%

(avg) sold price

-16%

homes sold

+78%

(avg) days on market

Snapshot

Area Map

Additional Details

Property Access

Road Surface Type: Paved

Basement

Basement: CrawlSpace, Unfinished

Building

Building Area Total: 4096, Built in 1924, Stories: 2, Unit Type Type: UnitTypeType1, UnitTypeType2, UnitTypeType3

Expenses

Operating Expense: $16,990

Exterior Features

Exterior Description: WoodSiding

Foundation

Foundation Details: ConcretePerimeter

Garage

Garage Spaces: 2

Heating

Heating: ForcedAir

Income

CAP Rate: 6.44, Gross Income: $69,180, Gross Rent Multiplier: 11.71, Net Operating Income: $52,190

Lot

Features: GentleSloping, Size Acres: 0.17, Size Range: SqFt7000to9999, Size Square Feet: 7,405, Size: 7,000 to 9,999 SqFt

Miscellaneous

Investor Information: AccordingToOwner, ProfitLossStatement, RentRecords

Parking

Features: Garage, OnStreet, 2 total parking spots

Property

Number Of Units Total: 3, Property Condition: UpdatedRemodeled, Zoning: RM1

Roof

Roof: Composition

Sewer

Sewer: PublicSewer

Taxes

Annual Amount: $10,911, Legal Description, Tax Year: 2024

Unit One

Actual Rent: $1,995, Area: 1661, Features: Dishwasher, Fireplace, Range, WasherDryer, Units Total: 1, 3 total bathrooms, 3 total bedroom

Unit Two

Actual Rent: $1,920, Area: 1661, Features: Dishwasher, Fireplace, Range, WasherDryer, Units Total: 1, 3 total bathrooms, 3 total bedroom

Unit Three

Actual Rent: $1,850, Area: 774, Features: HardwoodFloors, Range, Refrigerator, WasherDryer, Units Total: 1, 1 total bathroom, 2 total bedroom

Utilities

Fuel Description: Gas, Hot Water Description: Gas, Water Source: PublicWater

Find The Perfect Home

'VIP' Listing Search

Whenever a listing hits the market that matches your criteria you will be immediately notified.

Join The List

Mortgage Calculator - Source: Home Junction

Selling price

Down payment

Term (years)

Interest rate (%)

Monthly Payment

The content relating to real estate for sale on this web site comes in part from the IDX program of the RMLS of Portland, Oregon. Real estate listings held by brokerage firms other than ELEETE Real Estate are marked with the RMLS logo, and detailed information about these properties includes the names of the listing brokers. Listing content is copyright © 2025 RMLS, Portland, Oregon.

All information provided is deemed reliable but is not guaranteed and should be independently verified.

This content last updated on Aug 25, 2025. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.
This content last updated on Aug 25, 2025. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.

Find My Dream Home

Put an experts eye on your home search! You’ll receive personalized matches of results delivered direct to you.

Preferred neighborhoods *

- First Name *
- Last Name *
Email *
Phone

I agree to receive a marketing communication via voice call, AI voice call, text message or similar automated means from Apa Clarke Team. Consent is not a condition of purchase. Msg/data rates may apply. Msg frequency varies. Reply STOP to unsubscribe. Privacy Policy *

900 NE 91ST AVE

'VIP' Listing Search

Schools In The Area

Similar Listings

Find My Dream Home

1. Neighborhoods

2. Home Type

3. Send