621 NE 75th Ave, Portland, OR 97213

621–625 NE 75th Ave is a well-located, single-story triplex in the heart of Portland’s Montavilla neighborhood, offering investors a rare combination of stability, simplicity, and upside in a highly rentable submarket. The property consists of three generously sized 2-bedroom, 1-bath units totaling 2,590 square feet of living area on a 6,800 square foot lot, with efficient floor plans that appeal to a broad tenant base of young professionals, small families, and long-term renters who value neighborhood convenience and access to transit.Professionally managed for many years, the asset is currently 100% occupied with a history of strong collections and long-term tenancy, creating reliable in-place income from day one for the next owner. Existing rents are already competitive for the area, yet scheduled increases effective August 1, 2026 will lift total monthly income to approximately $4,050, enhancing cash flow without requiring immediate capital improvements. Historical financials from...