Back to Search

Montavilla Triplex Investment Opportunity

900 NE 91ST Ave, Portland, OR 97220

View on Map

For Sale

$765,000

MULTI_FAMILY - Portland, OR

Property size:

4,096 SF

Lot size:

0.17 Acres

Price / SF:

$186/SF

HighLights

Tri‑plex with 3 addresses (#900, #904, #908) on 1 tax lot
Assumable loan at 4.85%
Duplex units (#904 and #908) built in 2005; each offers 3 beds and 2.5 baths with a single‑car garage
Detached home (#900) built in 1924 with hardwood floors, jack‑and‑jill bathroom, and large unfinished basement
All kitchen appliances and washer/dryer are included in each unit
Home Energy Score: 3; #900 recently vacant and previously rented for $1,850/mo

We can help!

Listing Contact

David Girard

For Sale

$765,000

MULTI_FAMILY - Portland, OR

Property size:

4,096 SF

Lot size:

0.17 Acres

Price / SF:

$186/SF

Added:: Feb 19, 2026
Days on Market:: 111
Last Refresh:: Jun 10 at 6:06 am

Property Features for 900 NE 91ST Ave

General Information

Property type: Residential Multi Family
Property subtype: Other
Zoning: RM1
Bedrooms: 8
Bathrooms: 15
Rooms: Bathroom 6, Bedroom 1, Bathroom 8, Bathroom 11, Bedroom 4, Bathroom 3, Bathroom 5, Bathroom 2, Bathroom 13, Bedroom 6, Bathroom 15, Bathroom 1, Bathroom 12, Bathroom 7, Bedroom 2, Bathroom 10, Bedroom 7, Bathroom 14, Bathroom 4, Bedroom 5, Bathroom 9, Bedroom 3, Bedroom 8
Standard status: Active
APN: R319476
Size: 4,096 SF
Lot size: 0.17 Acres

Taxes and HOA fees

Tax Description: SECTION 33 1N 2E, TL 500 0.17 ACRES
Tax Annual Amount: 11318

Utilities

Heating system: Forced Air

Building Details

Year built: 2005
Floors in Building: 2
Number of units: 3
Roof type: Composition

We can help!

Listing Contact

David Girard

Listing agent David Girard License #201221204

Listing office Keller Williams PDX Central 919 NE 19th Ave Ste 100, Portland, OR

Listing date Feb 19, 2026

MLS# 285142697 Listing URL

Copyright © 2026 Regional Multiple Listing Services. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

HighLights

Tri‑plex with 3 addresses (#900, #904, #908) on 1 tax lot
Assumable loan at 4.85%
Duplex units (#904 and #908) built in 2005; each offers 3 beds and 2.5 baths with a single‑car garage
Detached home (#900) built in 1924 with hardwood floors, jack‑and‑jill bathroom, and large unfinished basement
All kitchen appliances and washer/dryer are included in each unit
Home Energy Score: 3; #900 recently vacant and previously rented for $1,850/mo

Overview

This triplex presents an investment opportunity in the Montavilla neighborhood. The property, situated on a 0.17-acre lot, includes three addresses on a single tax lot. A duplex, constructed in 2005, comprises two units, each featuring 3 bedrooms, 2.5 bathrooms, a single-car garage, and private backyard/patio spaces. The detached home, built in 1924, includes hardwood floors, a jack and jill bathroom, and a large unfinished basement. The property has a total size of 4096 square feet. All kitchen appliances and a washer/dryer are included in each unit. The front unit is currently vacant and was previously rented for $1,850 per month.

Local Financial Insights For Multifamily LT 5

Simulate Cap Rate and NOI

NOI Build-Up

Component	$	$/SF
Gross rent	$86.0k	$21.00
− Vacancy	−$4.5k	−$1.09
EGI	$81.5k	$19.91
− OpEx	−$24.5k	−$5.97
NOI	$57.1k	$13.94

4,096 SF · lease $21.00/SF/yr · vacancy 5.20% · expense 30.00%

Alternative Uses

Best Use

Multifamily LT 5

$815.4K

$713.5K – $951.3K (±1% cap)

NOI $57,080 @ 7.0% cap · market cap 7.46%

Second Best

Apartment 5plus

$751.3K

$657.4K – $876.6K (±1% cap)

NOI $52,593 @ 7.0% cap · market cap 6.87%

Theoretical Best

Office A

$1.15M

$1.01M – $1.34M (±1% cap)

NOI $80,518 @ 7.0% cap · market cap 10.53%

Zoning and permitted uses should be independently verified with local authorities.

Property Profile Location Intelligence

Current Use by Public Records

Triplexes

Suggested Use

Location Insight

Map
Local Demand

City: Portland
County: Washington
State: Oregon
Longitude: -122.569702
Latitude: 45.529318

Nearby Similar for Sale

$2,000,000

6,070 SF

Six-Unit Apartment Community

2019-built six-unit community with in-unit laundry and off-street parking on a low-density lot.

8300 SE Flavel St, Portland, OR 97266

View Details
$629,990

3,120 SF

Single-Level Fourplex with Garages

Four 2-bedroom units each with a fenced yard, detached garage, and washer/dryer hookups.

18321 NE WASCO St, Portland, OR 97230

View Details
$4,313,900

11,578 SF

Detached Cottage Multifamily Portfolio

Twelve new construction detached two-bedroom cottages with modern in-unit features and efficient mini-split climate control.

7033 SE 60th Ave, Portland, OR 97206

View Details
$1,739,900

4,868 SF

New Construction Cottage Portfolio

Four detached homes near St. Johns with strong rental potential.

6603 N Seneca St, Portland, OR 97203

View Details
$1,969,900

4,815 SF

New Multifamily Investment by Park

Five-unit townhome investment across from Peninsula Park in Portland, Oregon.

6179 N Albina Ave, Portland, OR 97217

View Details
$899,000

5,982 SF

Versatile Commercial Property with Warehouse

Mixed-use property featuring storefronts, restaurant, and warehouse space.

1218 N Killingsworth Street, Portland, OR 97217

View Details
$2,889,900

7,179 SF

Rose City Park Multifamily Investment

New 7-unit multifamily property in Portland's Rose City Park.

2938 NE 62nd Ave, Portland, OR 97213

View Details
$1,979,900

4,588 SF

New Cottage Homes in Beaumont-Wilshire

Four newly built detached cottage homes in NE Portland.

4895 NE CESAR E CHAVEZ Blvd, Portland, OR 97211

View Details
$1,200,000

3,950 SF

Four-Unit Residential Income Property

Four-unit setup with covered parking and updated exterior elements suitable for income-focused ownership.

12369 SW WALNUT St, Portland, OR 97223

View Details
$589,000

3,111 SF

Craftsman Triplex with Three Meters

1910 Craftsman triplex with three electric meters and hot water tanks, recently improved exterior systems, and interiors needing updates.

535 NE KNOTT St, Portland, OR 97212

View Details
$699,999

3,892 SF

North Portland Mixed-Use Triplex

Cash-flowing triplex with commercial flexibility in a prime location.

7521 N GLOUCESTER Ave N, Portland, OR 97203

View Details
$799,999

3,438 SF

Classic Irvington Duplex with Income

Spacious Portland duplex with market rents and further potential.

1917 1919 NE 10TH Ave NE, Portland, OR 97212

View Details

For sale
Triplexes
OR
Portland
97220
900 NE 91ST Ave

What type of property is this?

Triplex - Triplex in Montavilla neighborhood with assumable loan.

Where is this triplex located?

The property is located at 900 NE 91ST Ave Portland, OR.

What is the asking price?

The asking price for this property is $765,000.

What are key features of this property?

This property features: Tri‑plex with 3 addresses (#900, #904, #908) on 1 tax lot; Assumable loan at 4.85%; Duplex units (#904 and #908) built in 2005; each offers 3 beds and 2.5 baths with a single‑car garage

900 NE 91ST Ave, Portland, OR 97220

MULTI_FAMILY - Portland, OR

Property Features for 900 NE 91ST Ave

General Information

Taxes and HOA fees

Utilities

Building Details

We can help!

HighLights

Overview

Local Financial Insights For Multifamily LT 5

Simulate Cap Rate and NOI

Alternative Uses

Current Use by Public Records

Suggested Use

Location Insight

Nearby Similar for Sale

Six-Unit Apartment Community

Single-Level Fourplex with Garages

Detached Cottage Multifamily Portfolio

New Construction Cottage Portfolio

New Multifamily Investment by Park

Versatile Commercial Property with Warehouse

Rose City Park Multifamily Investment

New Cottage Homes in Beaumont-Wilshire

Four-Unit Residential Income Property

Craftsman Triplex with Three Meters

North Portland Mixed-Use Triplex

Classic Irvington Duplex with Income

FAQs

Create New Password