4825 N Maryland Ave Portland, OR 97217
Listing Courtesy of: MLS LogoRMLS / Cascade Hasson Sotheby's International Realty

  4825 N Maryland Ave Portland, OR 97217

Active (2 Days)
$499,000
3
BED
3
BATH
1,746
SQFT

Description

Rare Overlook 1944 Triplex with 582 sq ft units offers cash flow, equity building & portfolio diversification! Well cared for and recently upgraded units are move in ready( 1 unit occupied). Solid 1944 construction. So many options- multi generational living, ideal owner occupant property, co-housing or reimagine the property to suit your vision. Having 3 units dramatically increases income potential! 35x46 side yard gives possible future development potential or lovely garden space. Unit 1 has new mini split system for A/C and heating, all new plank vinyl flooring, sweet new kitchen, all appliances included, stackable Washer & Dryer, cottage pane windows, newer vinyl windows large bedroom and updated bathroom! Unit 2 is currently occupied with similar floor plan, gas range, refrigerator & stackable Washer/Dryer. Unit 3 has oversized vinyl windows, plank vinyl flooring, cute kitchen, big bedroom, updated bathroom and W/D hook up. 2 units left vacant for ease of sale. Each unit has it's own electric panel and H2O heater. Sought after Overlook location is near MAX, vibrant Mississippi & Arbor Lodge neighborhoods, shopping, transit, I5 and parks! (3) 1 level, side by side units in turn key condition in an area of constant demand for under $500k! Generate income from 2 units and occupy 1 for around $1000 per month! Approx market rents are from $1495-$1295.00. 10 out of 10 Home Energy Score! 6240 oversized lot, fenced, large area for garden or potential future development! [Home Energy Score = 10. HES Report at https://rpt.greenbuildingregistry.com/hes/OR10241225]

MLS #:
162313511
Taxes
$3,668(2024)
Lot Size
6,098 SQFT
Type
Multifamily
Year Built
1944
County
Multnomah County
Community
Overlook - Arbor Lodge

Listed By

Ronda Joseph, Cascade Hasson Sotheby's International Realty
Source
RMLS
Last checked Aug 16 2025 at 7:05 AM PDT
Bathroom Details
  • Full Bathrooms: 3
Subdivision
  • Overlook / Arbor Lodge
Lot Information
  • Level
  • Public Road
Property Features
  • Foundation: Concrete Perimeter
Heating and Cooling
  • Mini Split
  • Wall Furnace
  • Zoned
  • Central Air
Basement Information
  • Crawl Space
Exterior Features
  • Vinyl Siding
  • Roof: Composition
Utility Information
  • Sewer: Public Sewer
  • Fuel: Electricity, Gas
School Information
  • Elementary School: Beach
  • Middle School: Ockley Green
  • High School: Jefferson
Parking
  • On Street
Stories
  • 1
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Estimated Monthly Mortgage Payment

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Disclaimer: 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 Windermere Real Estate Services Company, Inc. are marked with the RMLS logo, and detailed information about these properties includes the names of the listing brokers. Listing content is copyright © 2025 RMLS, Portland, Oregon. All information provided is deemed reliable but is not guaranteed and should be independently verified. Last updated on (8/16/25 00:05). Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.