$800000
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8 Bed
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3 Bath
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3969 SqFt
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1 DOM
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Built: 1950
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Status: Active
Love this home?
Strong investment opportunity with immediate income potential in Montavilla! This property, situated on a double lot with excellent development upside, was purchased as a gorgeous mid-century with a shop. The home is split into two units, in addition to the shop converted into a cottage. The main home has been configured into two separate living spaces, offering seven total bedrooms – four on the main level and three on the lower – each rented individually. The former shop has been transformed into a detached one-bedroom one-bathroom unit with tall ceilings, bringing the total to eight income-producing tenants. Each unit is equipped with its own kitchen, washer/dryer, and water heater. Positioned on a spacious corner lot, this property offers significant flexibility for future expansion or redevelopment with possibility of building a new home in front of the detached extended living space. Sellers have nearly completed the lot partition – only utility adjustments to be finalized. Located in the vibrant Montavilla neighborhood with a 98 Bike Score, enjoy easy access to freeways, tons of shopping, dining, transportation, plus convenient to all that Mt Tabor has to offer! Tenant occupied, please DO NOT walk property or disturb tenants – any offer will need to be subject to interior inspection.
Listing Provided Courtesy of John McKay, Premiere Property Group, LLC
General Information
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502946846
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1 DOM
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8
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10018.8 SqFt
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3
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3969
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1950
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R5
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Multnomah
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R284669
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Vestal
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Harrison Park
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Leodis McDaniel
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MultiFamily
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TERRACE PK, BLOCK 7, LOT 1&2
Listing Provided Courtesy of John McKay, Premiere Property Group, LLC
PDXA1 Realty Group data last checked: Mar 20, 2026 11:43 | Listing last modified Mar 19, 2026 18:29,
Source:
Residence Information
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-
-
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3969
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-
-
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8
-
-
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3
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Composition,Metal
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-
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Driveway
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2
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1950
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No
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Brick, WoodSiding
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Finished
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-
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Finished
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ConcretePerimeter
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Features and Utilities
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-
-
-
-
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CentralAir, MiniSplit
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Electricity, Gas
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ForcedAir, MiniSplit
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PublicSewer
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Electricity, Gas
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Electricity, Gas
Financial
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8819.06
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None
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-
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Cash,Conventional
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03-19-2026
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No
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No
Comparable Information
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1
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1
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Cash,Conventional
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$800,000
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$800,000
-
-
Mar 19, 2026 18:29
Schools
Map
Listing courtesy of Premiere Property Group, LLC.
The content relating to real estate for sale on this site comes in part from the IDX program of the RMLS of Portland, Oregon.
Real Estate listings held by brokerage firms other than this firm are marked with the RMLS logo, and
detailed information about these properties include the name of the listing's broker.
Listing content is copyright © 2019 RMLS of Portland, Oregon.
All information provided is deemed reliable but is not guaranteed and should be independently verified.
PDXA1 Realty Group data last checked: Mar 20, 2026 11:43 | Listing last modified Mar 19, 2026 18:29.
Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.
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Venkat is a very good negotiator. He was quick to respond, when I had questions. He came to all the meetings with the seller and provided valuable inputs on inspections and mortgage options. Overall, I was impressed and would love to work with him again.
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Venkat is very professional and has tremendous knowledge in the real estate industry. He was always available to discuss and made time to visit the construction site several times during the course. I was looking at a new construction and had to wait for the property to be built.
— Vignesh Chan
Muthu has good knowledge about the community and understands the needs of his customers. He helped us sell our house in record time and followed up with the buyer and the agent until the complete closure. We received multiple offers and Muthu negotiated well and helped us decide on the buyer.
— Praveen
Venkat Muthu is a wonderful person to go with. Very friendly and advices as per the need and gives his service and support where and when needed and some times going beyond. Really happy to share the review and I highly recommend if anyone is looking for any homes.
— Alishetty
Venkat is great to work with as realtor. He is very patient and listens to the requests of the buyer or seller and doesn’t push as t any point of time. He has a good understanding of the market situation and location for investments as well. All this comes from experience with him recently buying a home.
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Whether you’re looking to buy your dream home, sell your property for the best price, or explore investment opportunities, PDXA1 Realty Group is here to help. With expertise, personalized service, and a commitment to your goals, we’ll guide you every step of the way. Contact us today at (971) 330-1856 let’s start the conversation!
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