Opportunity knocks in Overlook! This triplex offers immediate income with two of the three units currently leased, plus a vacant unit ready for an owner-occupant, new tenant, or value-add improvements. Located near MAX and major bus service, with the restaurants, shops, coffee, and nightlife of Mississippi Avenue close by. CM3 zoning offers future redevelopment flexibility while the existing triplex provides income today. A rare chance to invest in a well-connected North Portland location with income today and potential for tomorrow. Buyer to complete due diligence regarding zoning and future development possibilities.
Active
$900,000
4300 N Montana Ave, Portland, OR 97217
4beds
3,066sqft
:
Get pre-qualified$6,744/mo
Multi Family
Built in 1923
-- sqft lot
$-- Zestimate®
$294/sqft
$-- HOA
What's special
- --
- on Zillow |
- 38
- views |
- 0
- saves |
Zillow last checked:
Listing updated:
Listed by:
Heather Pool portlandcentral@johnlscott.com,
John L. Scott Portland Central
Source: RMLS (OR),MLS#: 705994609
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 3
- Full bathrooms: 3
Heating
- Baseboard, Fireplace(s)
Cooling
- Wall Unit(s)
Appliances
- Included: Range, Refrigerator, Washer/Dryer, Electric Water Heater
Features
- Basement: Unfinished,Storage Space
Interior area
- Total structure area: 3,066
- Total interior livable area: 3,066 sqft
Property
Parking
- Total spaces: 3
- Parking features: Off Site, On Street
- Has uncovered spaces: Yes
Features
- Stories: 3
Lot
- Size: 5,227 Square Feet
- Features: On Busline, SqFt 5000 to 6999
Details
- Parcel number: R223434
- Zoning: CM3
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Materials
- Asbestos
- Foundation: Concrete Perimeter
- Roof: Composition,Shingle
Condition
- Approximately
- Year built: 1923
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & HOA
Community
- Subdivision: Overlook
HOA
- Has HOA: No
Location
- Region: Portland
Financial & listing details
- Price per square foot: $294/sqft
- Annual tax amount: $5,631
- Date on market: 7/23/2026
- Listing terms: Cash,Conventional
- Total actual rent: 3040
- Road surface type: Paved
Estimated market value
Not available
Estimated sales range
Not available
Not available
Price history
| Date | Event | Price |
|---|---|---|
| 7/24/2026 | Listed for sale | $900,000$294/sqft |
Source:  RMLS (OR) #705994609 Report a problem | ||
Public tax history
Tax history is unavailable.
Monthly payment
Est. payment
Payment breakdown
Explore the cost of this home by adjusting the details. Changes won't be saved.Climate risks
Neighborhood: Overlook
Nearby schools
GreatSchools rating
- 9/10Beach Elementary SchoolGrades: PK-5Distance: 0.4 mi
- 8/10Ockley GreenGrades: 6-8Distance: 0.8 mi
- 5/10Jefferson High SchoolGrades: 9-12Distance: 0.6 mi
Schools provided by the listing agent
- Elementary: Beach
- Middle: Ockley Green
- High: Jefferson
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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A local agent can set up tours, give advice and negotiate with sellers.
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