7070 N Montana Ave, Portland, OR, 97217
About This Home
Modern 6-unit investment in prime Arbor Lodge location! 100% occupancy rate. Close to the MAX Yellow Line and major transit routes, this rare multi-fam investment boasts high desirability for those seeking urban convenience. Built in 2019, this building boasts energy-efficient construction, luxury details and thoughtful amenities throughout. EnergyStar rated appliances, quartz and marble finishes, luxury vinyl plank flooring, washer and dryer in every unit, built-in dishwashers and microwaves, Navien tankless water heater, Daikin mini-split heat & AC, and secure front door and gate entries. Second and third floor units have attached decks while ground level units #101 and #102 offer both front patios and backyard space. One unit is ADA-compliant. Close to University of Portland, Adidas headquarters, Peninsula Park & Kenton District, New Seasons Market and more! Don't miss this chance to invest in this desirable North Portland neighborhood.
Getting Around
Very Walkable
Good Transit
Biker's ParadiseSchools
Construction
Condition
- Property condition: Existing
- Year built: 2019
Materials
- Foundation: Concrete Perimeter
- Roof: Composition
- Construction materials: Cement Siding,Lap Siding
Type & Style
- Home type: MultiFamily
- Property subType: Multi Family
Interior
Appliances
- Appliances included: Dishwasher,Washer/Dryer,Gas Water Heater,Tankless Water Heater
Basement
- Basement: Crawl Space
Bedrooms & Bathrooms
- Bedrooms: 12
- Bathrooms: 6
- Full bathrooms: 6
Heating & Cooling
- Heating features: ENERGY STAR Qualified Equipment,Mini Split
- Cooling features: ENERGY STAR Qualified Equipment,Air Conditioning
Interior Area
- Total structure area: 6,792
- Total interior livable area: 6,792 sqft
Property
Details
- Parcel number: R704085
- Zoning: Multi
Features
- Stories: 3
- Patio & porch: Deck
Lot
- Lot size: 5,227 sqft
- Features: Level,On Busline,SqFt 5000 to 6999
Parking
- Parking features: On Street
- Has uncovered spaces: Yes
Climate Risk is Financial Risk
Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.
Biggest Threats for This Home
- Earthquake
- Heat Wave
How This Home’s Risks Compare
FEMA Declared Disasters in Multnomah County and Oregon
Understanding the Costs
Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.
Estimated Costs Today
| Monthly | Annual | |
|---|---|---|
| Mortgage | $10,972 | $131,664 |
| Home Insurance * | $481 | $5,772 |
| Property Taxes | $1,844 | $22,128 |
| Electricity | $616 | $7,396 |
| Total | $13,913 | $166,956 |
Income You'd Need if You Spent...
Oregon FAIR Plan Programs
How Costs Could Change Over Time
Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.
Comparing Against the Market
Price Per Sq Ft
vs Other Active Listings
Avg $/sqft
vs Homes Sold Last Month
Median $/sqft
Current Market Trends
Median Price Per Square Foot
The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.
Historicals for This Listing
Zestimate History ($/sqft)
Price History
| Date | Event | Price |
|---|---|---|
| 2025-07-30 | Price change | $2,170,000 |
| 2025-05-29 | Price change | $2,195,000 |
| 2025-04-21 | Price change | $2,245,000 |
| 2025-02-22 | Listed for sale | $2,295,000 |
| 2020-01-10 | Sold | $1,862,500 |
| 2019-10-10 | Pending sale | $1,890,000 |
| 2019-10-03 | Price change | $1,890,000 |
| 2019-09-18 | Price change | $1,925,000 |
| 2019-08-06 | Listed for sale | $1,975,000 |
| 2015-02-24 | Listing removed | $215,000 |
| 2015-01-10 | Pending sale | $215,000 |
| 2014-12-28 | Listed for sale | $215,000 |
| 2014-12-22 | Pending sale | $215,000 |
| 2014-12-04 | Price change | $215,000 |
| 2014-11-13 | Price change | $218,000 |
| 2014-10-28 | Listed for sale | $228,000 |
| 2009-11-26 | Sold | $189,900 |
View on Zillow