Rare multi-family opportunity in Montavilla — 623–629 NE 74th Ave, with RARE ASSUMABLE 3.4%. This tidy 5-unit property sits on a 9,500 (0.22-acre lot) and delivers stabilized cashflow in a convenient NE Portland location. The asset contains a mix of 1-bedroom and 2-bedroom units, with long-standing rents and off-street parking. Well-positioned for hands-on owners, a small portfolio buyer, or if you want another asset to add, this is it! The property benefits from strong neighborhood demand, easy access to local shops, transit and schools, and straightforward value-add upside through interior updates and lease optimization. Seller is a Licensed Real Estate Agent in Oregon and trustee to property. [Home Energy Score = 4. HES Report at https://rpt.greenbuildingregistry.com/hes/OR10242612]
Listing Provided Courtesy of Lillie Barr, eXp Realty, LLC
General Information
707682250
25
DOM
7
5
2688
1961
R2.5
Multnomah
R119381
Vestal
Roseway Heights 2/10
Leodis McDaniel
MultiFamily
BRAINARD, BLOCK 3, N 20' OF LOT 35, LOT 36-38
Listing Provided Courtesy of Lillie Barr, eXp Realty, LLC
Krishna Realty data last checked: Nov 26, 2025 03:50 | Listing last modified Nov 07, 2025 11:19,
Source:
Rare multi-family opportunity in Montavilla — 623–629 NE 74th Ave, with RARE ASSUMABLE 3.4%. This tidy 5-unit property sits on a 9,500 (0.22-acre lot) and delivers stabilized cashflow in a convenient NE Portland location. The asset contains a mix of 1-bedroom and 2-bedroom units, with long-standing rents and off-street parking. Well-positioned for hands-on owners, a small portfolio buyer, or if you want another asset to add, this is it! The property benefits from strong neighborhood demand, easy access to local shops, transit and schools, and straightforward value-add upside through interior updates and lease optimization. Seller is a Licensed Real Estate Agent in Oregon and trustee to property. [Home Energy Score = 4. HES Report at https://rpt.greenbuildingregistry.com/hes/OR10242612]
