Somewhat Walkable

1532 NE 72ND AVE

Portland, OR 97213


$1,100,000

Open House Dates

MULTIFAMILY
10,244 sqft
MLS
17695989
A great opportunity to own a courtyard style 5-plex in Montavilla. All two bedroom, one bath units approx. 1,000 sq.ft. with equal size basements, for total of 2,000 sq.ft. units. Possibilities are endless with basements this size. The Montavilla neighborhood is a thriving community with lots to offer tenants. Please do not disturb tenants.
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Property Details
Price
$1,100,000
Square Feet
10,244
Levels
1
Year Built
1967
Garage Spaces
5
No. Units
5
Location
Subdivision:
Montavilla
County:
Multnomah
Status:
Active
Estimated Taxes:
$7,494
Listing Office:
M Maltase Real Estate Group
Listing Last Updated:
August 22, 2017 3:16 PM

 Interior
Interior
Heating
Forced Air
Fuel
Gas
Hot Water
Electricity, Gas
Basement
Full Basement

 Exterior
Exterior
Basement
Full Basement
Roof Type
Composition
Description
Brick

 Lot & Land
Lot & Land
Zoning
R2
Sewer
Public
Water
Public


Select a Point of Interest and Radius from the form above.

Montavilla


Montavilla, which stands for Mt. Tabor Villa, is a cozy little community in SE Portland. In the 1890s the neighborhood was named Mt Tabor Village and was a stopping point for travelers going from Hood River into Portland. Today, Montavilla is an active neighborhood with craftsman style homes and a commercial district.

 

VIBE AND STYLE

The incredible sense of community in Montavilla has made it a fast-growing neighborhood. The community has an active neighborhood association and its own weekly newspaper. A large percentage of the houses are occupied by owners but rental properties are available throughout the neighborhood. Many Portlanders choose Montavilla as the place to raise their family.

 

LOCAL SCENE

 Amenities along SE Stark include a discount movie theater, yoga studio and wellness center, a café, music venue, and sports bar. The highest concentration of Portland’s Asian food markets and establishments reside on 82nd. The Montavilla Community Center has a pool, kitchen and gym for its neighbors.

 

OUTDOOR SANCTUARY

Montavilla neighbors have easy access to Mt. Tabor Park, a 190 acre landmark of Portland. Mt. Tabor, the only active volcano within city limits in the United States, makes Montavilla irresistible to bikers and hikers. The Sunday Farmer’s Market and Bazaar gives neighbors a great excuse to get outside during the summer and autumn months.

 

 



Private mortgage insurance is an insurance policy that a residential mortgage lender requires of the borrower if the loan-to-value (LTV) ratio of the home is greater than 80%. Mortgage insurance protects the lender from the risk that the borrower may default on the loan. Federal law requires lenders to notify borrowers when the loan-to-value ratio drops below 80%. Mortgage insurance premiums vary, but generally range from $1,000 to $5,000 a year for an average priced home.

Assessments are monthly fees such as Home Owners Association(HOA) Fees etc... Results received from this calculator are designed for comparative purposes only, and accuracy is not guaranteed.

Information deemed reliable but subject to change without notice. Qualified buyers only, subject to credit approval. This is not a commitment to lend. Consumer Loan License NMLS-3240, CL-3240.


In association with our #1 preferred local lender, Directors Mortgage, Hasson Company, Realtors® is able to provide a full spectrum of financial services, from online pre-approval to offering a guiding hand throughout the entire home buying process.


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Listing Courtesy of

M Maltase Real Estate Group

The content relating to real estate for sale on this web site comes in part from the IDX program of the RMLS™ of Portland, Oregon. Real estate listings held by brokerage firms other than Hasson Company, Realtors® are marked with the IDX logo, and detailed information about these properties includes the names of the listing brokers. Listing content is copyright © 2015 RMLS™, Portland, Oregon.This property was last updated: August 22, 2017 3:16 PM

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