4825 N Maryland Ave, Portland, Oregon 97217

OR, Portland
$499,000
  • 0.14 Acre
  • MultiFamily Property Type
  • 1944 Year Built
  • Closed Status
Steven Meyer
Steven Meyer Realtyna
  • (302) 525 8222
  • Steven.m@realtyna.net
  • 200 Continental Drive, Suite 401, Newark, DE 19713 USA
Property 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! 35×46 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]

Basic Details
  • Property Type: MultiFamily
  • Listing Type: For Sale
  • Listing ID: 162313511
  • Price: $499,000
  • Year Built: 1944
  • Lot Area: 0.14 Acre
  • Roof: Composition
  • Office Name: Cascade Hasson Sotheby's International Realty
  • Agent Name: Ronda Joseph
  • Office Phone: 503-335-9898
  • Listing Status: Closed
Features
  • Heating System Zoned,Wall Furnace,Mini Split
  • Cooling System Central Air,Mini Split
  • Basement Crawl Space
  • Parking On Street
  • Sewer Public Sewer
Address Map
  • Country US
  • State OR
  • County Multnomah
  • City Portland
  • Zipcode 97217
  • Street: MARYLAND
  • Street Number: 4825
  • Street Suffix: AVE
  • Longitude: W123° 19' 6.9''
  • Latitude: N45° 33' 28.7''
  • Zoning: EXD
  • Mls Area Major: _141
  • Street Dir Prefix: N
Neighborhood
  • Elementary School: Beach
  • High School: Jefferson
  • Middle School: Ockley Green
Additional Information
  • Water Source: Public Water
  • Building Size: 1746
  • Community Features: All Landscaping
  • Foundation Details: Concrete Perimeter
  • Lot Features: Level,Public Road
  • Lot Size Dimensions: 6240 Sq Ft
  • Number Of Units Total: 3
  • On Market Date: 2025-08-14
  • Rent Includes: Sewer, Trash Collection, Water
  • Stories: 1
Listing Information
  • Listing Term: Cash, Conventional
  • Mls Status: Sold
  • Modification Timestamp: 2025-09-23T20:52:55Z
  • Originating System Name: RMLS
  • Status Change Timestamp: 2025-09-23T13:52:55Z
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Last updated on 02/19/2026 10:01