OPEN HOUSE Sun, Mar 01 2026 11:00 AM - 01:00 PM
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OPEN HOUSE Sun, Mar 01 2026 11:00 AM - 01:00 PM

$499,000

3 Beds 2 Baths 1,948 SQFT 0.12 Acres
Type: Multi-Family

411 NE 92ND AVE
Portland, OR 97220

MLS#: 637695780
Alex Roy
Alex Roy
Premiere Property Group
Broker
Phone: 503.233.4592
Office: 971.271.8932
Presented by: Living Room Realty -

Property Description

 

Turnkey 2024 remodel with TWO updated units, including new roof, plumbing and electric — perfect for investors, multi-gen living, or an owner-occupant looking to offset their mortgage. The upper 3-bed/1-bath unit features a complete top-to-bottom refresh, including new systems, quartz counters, stainless appliances, luxury vinyl plank flooring, modern bath, fresh paint, updated fixtures, and new plumbing and electric systems. Clean lines, durable finishes, and new windows help the open living/dining area feel bright and functional. Each bedroom includes closet storage, and the layout offers effortless flow from kitchen to living space. The lower level is a fully updated studio with its own kitchen, full bath, laundry, and private entrance — an ideal rental, guest suite, or separate living quarters. Fresh finishes, wide-open layout, new flooring, and built-in shelving create a flexible and welcoming space with strong rental appeal. Outside, enjoy fenced off-street parking, a low-maintenance yard, and a shared garage divided into private storage bays for each unit. All major updates were completed in 2024, offering peace of mind and minimal owner upkeep. Located in NE Portland’s Montavilla area, this property provides quick access to local parks, shops, transit, dining, Montavilla Farmers Market, and vibrant community amenities. Easy freeway access makes commuting simple, while neighborhood charm boosts long-term rental demand. Live in one unit and rent the other, operate as a pure investment, or create a multi-generational setup — the flexibility is unbeatable. A truly move-in-ready duplex with immediate income potential.


 

Interior Features

Bedrooms

Unit 1 Beds Total3
Unit 2 Beds Total0

Bathrooms

Unit 1 Baths Total1
Unit 2 Baths Total1

Other Interior Features

UnitType1ActualRent1950
UnitType1FeaturesAirConditioning, Dishwasher, Refrigerator, WasherDryerHookup
UnitType1UnitsTotal1
UnitType2ActualRent1250
UnitType2FeaturesDishwasher, Refrigerator, Storage, WasherDryerHookup
UnitType2UnitsTotal1
FuelDescriptionElectricity
BasementExteriorEntry, SeparateLivingQuartersApartmentAuxLivingUnit
Hot WaterElectricity
StorageGarage
Unit TypeUnitTypeType1, UnitTypeType2

General

Accessory Dwelling Unit Y/NN
CityPortland
CoolingMiniSplit, WallUnit
CountyMultnomah
DirectionsE on Glisan, S on 92nd
DisclosuresDisclosure
Elementary SchoolVestal
Gross Income40417.0
HOANo
HeatingMiniSplit, WallHeater
High SchoolLeodis McDaniel
Legal DescriptionSANFORD, BLOCK 6, LOT 7&8
Listing TermsCash, Conventional, FHA, VALoan
Lot Size Square Feet5,227 sqft
MLS Area_142
Middle/Junior High SchoolHarrison Park
Net Operating Income30500.0
Number Of Units Total2
Operating Expense9917.0
Parcel Number0
Property ConditionUpdatedRemodeled
Property TypeMultiFamily
Rent IncludesTrashCollection
RoofComposition, Shingle
SewerPublicSewer
Standard StatusActive
StatusActive
Stories Count2
Tax Annual Amount$4,149
Tax Year2025
Virtual TourClick here
Year Built1943
ZoningR 2.5

Exterior

Building Area Total1,948 sqft
Exterior DescriptionCedar, WoodSiding
Foundation DetailsConcretePerimeter
Lot FeaturesGated, Level, Trees
Lot Size Acres0.12
Parking FeaturesDriveway, Secured
Road Surface TypePaved
Total Parking2.0
Water SourcePublicWater

Additional Details

Price History

Schools 

High School Leodis McDaniel High School
Elementary School Vestal Elementary School
Middle School Harrison Park Middle School

  

Similar Properties

$499,000

3 Beds 2 Baths 1,948 SQFT 0.12 Acres
Type: Multi-Family

411 NE 92ND AVE
Portland, OR 97220

MLS#: 637695780
Alex Roy
Alex Roy
Premiere Property Group
Broker
Phone: 503.233.4592
Office: 971.271.8932