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Home + Sea Realty
2 Beds2 Baths1,080 sqft

540 NE 94th Ave, Portland

$415,000

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ActiveMLS®: 705281589Listing held by another brokerage, marked RMLS
Price per sqft
$384.26
Built in
1953
Property size
1,080 sqft
Lot size
5,227 sqft
Property type
Residential
Days on market
13

Overview

Investment Opportunity in Montavilla! This updated 3-bedroom, 2-bath property offers flexibility, income potential, and major system upgrades including a new HVAC, water heater, interior and exterior paint, quartz countertops, and remodeled bathrooms. The main home features 2 bedrooms and 1 bath, while the detached converted garage includes a third bedroom and full bath, ideal for rental income, multigenerational living, guest quarters, or a home office. Located in Portland's desirable Montavilla neighborhood with easy access to shopping, dining, parks, and major highways, this turnkey property is a great opportunity for homeowners and investors alike. [Home Energy Score = 5. HES Report at https://rpt.greenbuildingregistry.com/hes/OR10229183]

Details

Interior

Interior features
Engineered Hardwood
Appliances
Free Standing Range, Quartz, Stainless Steel Appliance
Cooling
Yes
Cooling description
Central Air
Heating
Yes
Heating description
Forced Air, Wall Heater
Windows
Double Pane Windows, Vinyl Frames

Exterior and lot

Lot size
5,227 sqft
Exterior features
Fenced, Patio, Yard
Lot features
Level
Architectural style
Bungalow
Roof
Composition
View
Yes
View description
Territorial

Utilities

Sewer
Public Sewer
Water source
Public Water

Parking

Garage spaces
2
Parking
Carport, Driveway
Total parking
2

Schools

High school
David Douglas
Middle school
Floyd Light
Elementary school
Cherry Park

Location

City
Portland
County
Multnomah

Taxes and dues

Annual taxes
$3,778 (2025)

Location

540 NE 94th Ave, Portland, OR 97220

Map showing the location of 540 NE 94th Ave, Portland, OR 97220
© Mapbox © OpenStreetMap

Monthly payment estimate

$2,524 /mo

20% · $83,000
7.00%
Principal and interest
$2,209
Property tax (2025)
$315
Total
$2,524

Estimate only, and not an offer of credit. Assumes 20% down ($83,000) and a 30-year fixed rate at 7.00%. Property tax is the assessed annual amount from the listing, divided by twelve. Rates change daily. Insurance and mortgage insurance are not included. Speak to a lender for terms that apply to you.

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