4840 Ne 99th Ave, Portland, Or 97220

OR, Portland
$559,950
  • 0.11 Acre
  • MultiFamily Property Type
  • 1933 Year Built
  • Active Status
Steven Meyer
Steven Meyer Realtyna
  • (302) 525 8222
  • Steven.m@realtyna.net
  • 200 Continental Drive, Suite 401, Newark, DE 19713 USA
Property Description

*** 10% DOWN INVESTOR LOAN *** ~9% CAP RATE *** A CAP Rate higher than the loan interest rate is a no brainer! CLAIM THIS POSITIVE CASH FLOW NOW!!! Very convenient location for easy commute. This property has 2 duplex buildings on one tax lot. There are two 2 bed 1 bath units and two 1 bed 1 bath units plus a laundry room. This property provides a great opportunity for an owner occupant – loans available with as little as zero down for veterans or 3.5% and 5% down options for most other owner occupants and possible help for the 5%. Investor loan available with as little as 10% down. This is the deal you’ve been looking for! [Home Energy Score = 6. HES Report at https://rpt.greenbuildingregistry.com/hes/OR10235317]

Basic Details
  • Property Type: MultiFamily
  • Listing Type: For Sale
  • Listing ID: 796374130
  • Price: $559,950
  • Year Built: 1933
  • Lot Area: 0.11 Acre
  • Roof: Composition
  • Office Name: RE/MAX Equity Group
  • Agent Name: Jason Kennedy
  • Office Phone: 503-626-4600
  • Listing Status: Active
Features
  • Heating System Baseboard
  • Parking Driveway,Off Street
  • Sewer Public Sewer
Address Map
  • Country US
  • State OR
  • County Multnomah
  • City Portland
  • Zipcode 97220
  • Street: 99TH
  • Street Number: 4840
  • Street Suffix: AVE
  • Longitude: W123° 26' 22.2''
  • Latitude: N45° 33' 30.9''
  • Zoning: CM2
  • Mls Area Major: _142
  • Street Dir Prefix: NE
Neighborhood
  • Elementary School: Prescott
  • High School: Parkrose
  • Middle School: Parkrose
Additional Information
  • Water Source: Public Water
  • Building Size: 1974
  • Foundation Details: Pillar Post Pier
  • Lot Features: Level,Cul_de_sac
  • Lot Size Dimensions: 50 x 100
  • Number Of Units Total: 4
  • On Market Date: 2025-02-06
  • Previous Price: 559900
  • Rent Includes: Sewer, Trash Collection, Water
  • Stories: 1
Listing Information
  • Listing Term: Cash, Conventional, FHA, VALoan
  • Mls Status: Active
  • Modification Timestamp: 2026-02-12T22:51:19Z
  • Originating System Name: RMLS
  • Status Change Timestamp: 2025-12-03T13:15:01Z
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Last updated on 02/18/2026 4:28