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$659,950 Just Listed

  • For Sale
  • Active
  • Multi-Family
  • Updated 22 hours ago
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Solid income-producing fourplex, in North Portland, conveniently located on Montana Ave in the Overlook neighborhood. Each of the four single-level units offers 1 bed and 1 bath - a layout that's easy to rent, and easy to manage. With a total of 2,250 sq ft spread across the property/ four units. Full basement with assigned tenant storage space, and each unit has its own washer and dryer. Built in 1943, with new roof, fresh exterior trim paint, and updated electrical. Fourplex is turnkey, and fully occupied. Welcome to Overlook!

Full Property Details for 4501 N Montana Ave

General

  • Price: $659,950
  • Taxes: $5,582 (2025)
  • Status: Active
  • Type: Multi-Family
  • Source: RWMLS
  • MLS ID: 672476183
  • Updated: 5/28/2026
  • Added to Site: 1 day(s) ago

Rental Information

  • Rent Includes: Maintenance Grounds

Parking

  • Parking Features: On Street

Location

  • County: Multnomah
  • Driving Directions: Corner of N Prescott and N Montana

School Information

  • Elementary School: Beach
  • Middle School: Ockley Green
  • High School: Jefferson

Community

  • Community Name: 141 - Portland North

Heating & Cooling

  • Air Conditioning: Yes
  • Cooling Type: Wall Unit(s)
  • Heating Type: Wall Heater
  • Heating Fuel: Electricity

Utilities

  • Sewer: Public Sewer
  • Water: Public Water

Structural Information

  • Property Detached: Yes
  • Basement Desc.: Full Basement, Unfinished
  • Roof: Composition
  • Stories/Levels: 1
  • Year Built: 1943
  • Property Condition: Approximately

Lot Features

  • Lot Size (Acres): 0.12
  • Lot Size (Sq. Ft.): 5,227
  • Lot Size: 5, 000 to 6, 999 SqFt
  • Frontage: Concrete, Paved
  • Lot Features: Level

Financial Considerations

  • Operating Expenses: $23,762
  • Tax Amount: $5,582.46
  • Tax Year: 2025
  • Terms: Cash, Conventional

Disclosures and Reports

  • Legal Description: M PATTONS ADD & 2ND, BLOCK 10, S 4' OF LOT 7, LOT 8
  • Disclosures/Reports: Disclosure
  • Property ID: R210484

Listed by Dream Life Homes (503) 267-7202, Tamara Taylor (503) 267-7202

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Listing agent

— 4501 N Montana Ave —

  • Tamara Taylor

    Dream Life Homes

    503-267-7202

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NMLS#: 1598647

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Save up to an additional 20% by bundling your home and auto together!

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NMLS#: 1598647

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with our affiliated in-house agency

Request a Quote

Save up to an additional 20% by bundling your home and auto together!

Schools serving 4501 N Montana Ave

School District:Portland School District 1j
NameGradesDistance
Beach Elementary School, Portland, OR
1710 North Humboldt Street, Portland, OR 97217
K-50.3 mi
Ockley Green
6031 North Montana Avenue, Portland, OR 97217
6-80.8 mi
Jefferson High School, Portland, OR
5210 North Kerby Avenue, Portland, OR 97217
9-120.6 mi
Roosevelt High School, Portland, OR
6941 North Central Street, Portland, OR 97203
9-123.7 mi
Disclaimer: School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 4501 N Montana Ave Get Price Alerts and Save Property

Date
Details
Price
Change
Source
5/28/2026
Listed
$659,950
3.13%
MLS
12/17/2025
Sold
$639,900
—
Public Record
Get Price Alerts and Save Property
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Tax History for 4501 N Montana Ave

Year
Property Taxes
Change
Tax Assessment
Change
2025
$5,582
4%
$207,180
3%
2024
$5,382
4%
$201,150
3%
2023
$5,175
4%
$195,300
6%
2021
$4,978
-2%
$184,100
-3%
2022
$5,063
2%
$189,620
6%
2021
$4,978
13%
$178,740
3%
2019
$4,398
3%
$173,540
3%
2018
$4,269
4%
$168,490
3%
2017
$4,092
9%
$163,590
3%
2016
$3,745
3%
$158,830
3%
2015
$3,647
2%
$154,210
3%
2014
$3,592
2%
$149,720
3%
2013
$3,508
—
$145,360
—
View All
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

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Listed by Dream Life Homes (503) 267-7202, Tamara Taylor (503) 267-7202

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4501 N Montana Ave, Portland, OR 97217 (MLS# 672476183) is a Multi-Family property with 4 units containing 0 bedrooms and 0 full bathrooms. 4501 N Montana Ave is currently listed for $659,950 and was received on May 28, 2026. Want to learn more about 4501 N Montana Ave? Do you have questions about finding other Multi-Family real estate for sale in Portland International Airport? You can browse all Portland International Airport real estate or contact a Coldwell Banker agent to request more information.

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