$1,429,900

4517 N Montana Ave Portland, OR 97217

$10,000
Closing credit¹
4,500 sqft
0.3 acres
$318 / sqft
House

Property details

About 4517 N Montana Ave

Investor Alert! Exceptional opportunity to own two well-maintained 4-plexes across multiple lots in the highly sought-after Overlook neighborhood of North Portland. Each of the eight units is a generous, single-level 1 bed / 1 bath with thoughtful updates, quality finishes, and excellent rental appeal with upside potential. Tenants enjoy private entrances, comfortable floor plans, gas appliances and utilities, and access to beautifully landscaped shared outdoor space—ideal for relaxing or entertaining. The oversized lot presents potential to add additional units or enhance existing amenities to maximize future rental income. Recent system and cosmetic upgrades help ensure efficient operations and reduced capital expenses over time. A large basement provides ample storage or value-add possibilities. Prime location just minutes from parks, public transit, and the vibrant shops and restaurants on Mississippi Ave and Interstate Ave. A rare chance to acquire strong, stable cash flow in one of Portland’s most in-demand rental markets!

Highlights

Home typeOther
HeatingForced Air
StatusActive
Size4,500 sqft
Lot size0.34 Acres
Year built1943
MLS #304722776
ViewTrees/Woods

Virtual tour

Summary

  • Attached Garage: No
  • View: Trees/Woods
  • Heating: Forced Air
  • List Price: $1,429,900
  • Price/SqFt: $317
  • Lot: Level
  • Directions: N Prescott and Montana
  • Year Built: 1943
  • Stories: 1
  • Living Area: 4,500 SqFt
  • Lot Size: 0.34 Acres
  • MLS Number: 304722776
  • MLS Name: Regional Multiple Listing Service, Inc.
  • Office Name: Keller Williams Realty Portland Premiere
  • Office Phone: (503) 597-2444
  • Listing Agent: Darryl Bodle, Kelly Christian

IDXThe 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 another brokerage firm are marked with the RMLS logo, and detailed information about these properties includes the names of the listing brokers. Listing content is copyright © 2025 Regional Multiple Listing Service, Inc. (RMLS™) Portland, Oregon.

The information on this web site is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. We are not responsible or liable for misinformation, misprints, or typographical errors. All information provided is deemed reliable but is not guaranteed and should be independently verified through personal inspection by and/or with the appropriate professionals. Properties subject to prior sale, change, withdrawal or rental. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 6/9/2025, 11:45:33 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

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4517 N Montana Ave, Portland, OR 97217 - aerial perspective of suburban area

$1,429,900

4517 N Montana Ave

$10,000

closing credit¹

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0.5% sale price²

Price information

Property sales

We're sorry, we currently don't have property sales data for this listing.

Tax history

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Nearby schools

9

Beach Elementary School

Public District KG-5

0.3 mi

1710 N Humboldt St

6

Boise-Eliot / Humboldt Elementary School

Public District PK-5

0.7 mi

620 N Fremont St

5

Kairos Pdx

Public Charter KG-5

0.8 mi

3635 N Williams Ave

School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.

All data from GreatSchools

Neighborhood

The neighbors living near this home have an average income of $60,077. The majority of Portland, OR residents have income between $35k-100k annually. Residents typically live in single, no kids family. Most residents in this area have post secondary degree education.

How much money do the neighbors make?

23%
<35k
59%
35k-100k
15%
100k-200k
3%
200k+

What level of education do the neighbors have?

No High School
High School Diploma
Post Secondary Degree
Masters Degree

What types of families live nearby?

72%
Single, No Kids
9%
Single, with Kids
13%
Married, No Kids
6%
Married, with Kids

Are the neighbors home owners or renters?

Home Owners
Renters

How old are people in this area?

8%
<11 yrs old
3%
12-17 yrs old
49%
18-34 yrs old
36%
35-64 yrs old
4%
65+ yrs old

What do the neighbors do for fun?

  • TennisTennis
  • Music ConcertsMusic Concerts
  • Hiking/backpackingHiking/backpacking

Where do the neighbors shop?

  • Crate & BarrelCrate & Barrel
  • H&MH&M
  • BloomingdalesBloomingdales

Where do the neighbors go to eat?

  • StarbucksStarbucks
  • ChipotleChipotle
  • The Cheesecake FactoryThe Cheesecake Factory

What do the neighbors drive?

  • BMWBMW
  • VolkswagenVolkswagen
  • AudiAudi

What do the neighbors listen to?

  • NewsNews
  • Rhythmic Contemporary HitsRhythmic Contemporary Hits
  • AlternativeAlternative
All data provided by Home Junction and Claritas

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Frequently asked questions

About 4517 N Montana Ave

The listing price of 4517 N Montana Ave property is $1,429,900.

The property 4517 N Montana Ave is a house located in Portland, Oregon, 97217.

Active Listing: 4517 N Montana Ave is For Sale (Active/New) which means the seller is accepting offers.

The nearby schools for 4517 N Montana Ave are: Beach Elementary School (GreatSchools Rating 9/10), Boise-Eliot / Humboldt Elementary School (GreatSchools Rating 6/10), Kairos Pdx (GreatSchools Rating 5/10), The Ivy School (GreatSchools Rating 9/10), Ockley Green Middle School (GreatSchools Rating 6/10), Harriet Tubman Middle School (GreatSchools Rating 5/10), Jefferson High School (GreatSchools Rating 8/10), Metropolitan Learning Center (GreatSchools Rating 7/10), Benson Polytechnic High School (GreatSchools Rating 9/10).

The property at 4517 N Montana Ave has 0 bathroom.

The property 4517 N Montana Ave is 4,500 SqFt (source: MLS/tax record).

The year of construction for 4517 N Montana Ave is 1943.

This home is located at 4517 N Montana Ave in Portland, OR and zip code 97217 in the Boise neighborhood. This 4,500 square foot home, which was built in 1943, sits on a 0.34 acre lot. Features: 0 bathroom. It has been listed on Rocket Homes since May 12, 2025 and is currently priced at $1,429,900.

In May 2025 more than 441 listings in Portland, OR were sold above the asking price. During the same period more than 196 listings were sold at asking price, while more than 285 were sold below. The number of listings in Portland, OR increased by 15.4% between April and May 2025. In May 2025, listings were on the market for 39 days. During the same period, the median list price in this real estate market was $549,622.

From Rocket Homes Real Estate and based on county public records data.

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