Turnkey, Fully Furnished Duplex Investment Opportunity in Portland's Montavilla Neighborhood!Welcome to 402 & 406 SE 75th Ave, a versatile duplex located in the desirable Montavilla neighborhood of Southeast Portland. Offering immediate income potential and exceptional flexibility, the property includes two separate units: one featuring 3 bedrooms and 1.5 bathrooms, and the other offering 2 bedrooms and 1 bathroom.Currently operated as short-term rental accommodations, this property presents an attractive opportunity for investors seeking a furnished, income-producing property. All furniture is included in the sale, allowing the next owner to step into a fully furnished setup from day one.Whether you choose to continue operating furnished rentals, subject to applicable rules and regulations, convert to long-term rentals, or live in one unit while generating income from the other, this property offers multiple possibilities.Located in the heart of the Montavilla neighborhood, enjoy convenient access to local shopping, dining, parks, transportation, and the many amenities of Southeast Portland.A rare opportunity to own a fully furnished duplex with two distinct income-producing units in one of Southeast Portland's most vibrant neighborhoods—bring your investment vision and explore the possibilities! [Home Energy Score = 1. HES Report at https://rpt.greenbuildingregistry.com/hes/OR10239915]
Active
$599,900
402 SE 75th Ave, Portland, OR 97215
5beds
2,004sqft
Multi Family
Built in 1894
-- sqft lot
$-- Zestimate®
$299/sqft
$-- HOA
What's special
Fully furnished setupTwo separate units
- 36 days
- 636
- 50
Zillow last checked:
Listing updated:
Listed by:
Michael Palinsky 503-267-9111,
Reside Realty Group
Source: RMLS (OR),MLS#: 701213077
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 5
- Bathrooms: 3
- Full bathrooms: 3
Heating
- Mini Split
Cooling
- Window Unit(s), Air Conditioning
Appliances
- Included: Dishwasher, Refrigerator, Washer/Dryer, Electric Water Heater, Tank Water Heater
Features
- Basement: Crawl Space,Unfinished
Interior area
- Total structure area: 2,004
- Total interior livable area: 2,004 sqft
Property
Parking
- Parking features: On Street
- Has uncovered spaces: Yes
Features
- Stories: 2
- Patio & porch: Deck
Lot
- Size: 5,227 Square Feet
- Features: Level, SqFt 5000 to 6999
Details
- Parcel number: R589830
- Zoning: multi
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Materials
- Asbestos, Shake Siding
- Foundation: Concrete Perimeter, Pillar/Post/Pier
- Roof: Composition
Condition
- Existing
- Year built: 1894
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & HOA
Community
- Security: Security Lights
Location
- Region: Portland
Financial & listing details
- Price per square foot: $299/sqft
- Tax assessed value: $530,830
- Annual tax amount: $5,377
- Date on market: 8/31/2026
- Listing terms: Cash,Conventional
- Total actual rent: 6300
- Road surface type: Paved
Estimated market value
Not available
Estimated sales range
Not available
Not available
Price history
| Date | Event | Price |
|---|---|---|
| 8/31/2026 | Listed for sale | $599,900+62.6%$299/sqft |
Source:  RMLS (OR) #701213077 Report a problem | ||
| 9/5/2014 | Sold | $369,000+23.4%$184/sqft |
Source: RMLS (OR) #13428242 Report a problem | ||
| 11/22/2011 | Listing removed | $299,000$149/sqft |
Source: Oregon Realty Co. #11050057 Report a problem | ||
| 7/16/2011 | Listed for sale | $299,000-14.4%$149/sqft |
Source: Oregon Realty Co. #11050057 Report a problem | ||
| 9/23/2005 | Sold | $349,500$174/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $5,378 +3.7% | $199,580 +3% |
| 2024 | $5,184 +4% | $193,770 +3% |
| 2023 | $4,985 +2.2% | $188,130 +3% |
| 2022 | $4,877 +1.7% | $182,660 +3% |
| 2021 | $4,795 +9% | $177,340 +3% |
| 2020 | $4,399 +3.8% | $172,180 +3% |
| 2019 | $4,237 | $167,170 +3% |
| 2018 | $4,237 +3% | $162,310 +3% |
| 2017 | $4,113 +14% | $157,590 +3% |
| 2016 | $3,607 | $153,000 +3% |
| 2015 | $3,607 +2.7% | $148,550 +3% |
| 2014 | $3,513 +3.9% | $144,230 +3% |
| 2013 | $3,379 +10.5% | $140,030 +3% |
| 2012 | $3,057 +3.9% | $135,960 +3% |
| 2011 | $2,942 +5.4% | $132,000 +3% |
| 2010 | $2,792 +2.7% | $128,160 +3% |
| 2009 | $2,719 +6% | $124,430 +3% |
| 2008 | $2,565 +0.3% | $120,810 +3% |
| 2007 | $2,558 | $117,300 |
Find assessor info on the county website
Monthly payment
Est. payment
Payment breakdown
Explore the cost of this home by adjusting the details. Changes won't be saved.Climate risks
Neighborhood: Mount Tabor
Nearby schools
Schools provided by the listing agent
- Elementary: Vestal
- Middle: Harrison Park
- High: Leodis Mcdaniel
Source: RMLS (OR). This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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