132 NE 78th Ave

Portland, OR 97213

$495,000
Price
—
Beds
—
Baths
1,560 Sq. Ft.
$317 / Sq. Ft.
1,560
Sq. Ft.
$317
per Sq. Ft.

Description

Single-level duplex just blocks from the Montavilla commercial corridor along Stark Street. Each unit features 2 bedrooms, 1 bathroom, in-unit washer and dryer, and off-street parking. A compelling opportunity for an investor looking to make improvements, add value, and reposition the property in a highly walkable, in-demand location. Both units are currently tenant-occupied. HES = 5 https://us.greenbuildingregistry.com/green-homes/OR10243291Single-level duplex just blocks from the Montavilla commercial corridor along Stark Street. Each unit features 2 bedrooms, 1 bathroom, in-unit washer and dryer, and off-street parking. A compelling opportunity for an investor looking to make improvements, add value, and reposition the property in a highly walkable, in-demand location. Both units are currently tenant-occupied. HES = 5 https://us.greenbuildingregistry.com/green-homes/OR10243291
  1. Listed by Mike Rushing • Real Broker • mike@mikerushingre.com

Property Details for 132 Northeast 78th Avenue

Subdivision
MONTAVILLA
Parking Features
Driveway, Off Street
Zoning
R5
Garage Spaces
.00
Parking Total
2.00
LISTING UPDATED: 01/30/2026 12:21 AM

Property Details for 132 Northeast 78th Avenue

StatusActive
MLS #182781985
Days on Market8
Taxes$5,044 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeMulti Family
Year Built1967
Lot Size0.12 AC / 5,227 SF
CountyMultnomah County

Location

Listing Courtesy of Real Broker
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Building Information for 132 Northeast 78th Avenue

Stories1Residences2Year Built1967Building Size-Lot Size0.12 AC / 5,227 SF

Payment Calculator

$2,833 per month

30 year fixed, 6.15% Interest

Principal and Interest

$2,413

Property Taxes

$420

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 132 Northeast 78th Avenue

Summary
Location and General Information
  • Country: US
  • Directions: E Burnside north onto NE 78th Ave
  • Road Surface: Paved
School Information
  • Elementary School: Vestal
  • High School: Leodis Mc Daniel
  • Middle Or Junior School: Harrison Park
Taxes and HOA
  • Management Name: N/A
  • Tax Year: 2025
  • Tax Annual Amount: $5,043.54
  • Parcel Number: R222328
  • Tax Legal Description: MT TABOR VILLA, BLOCK 20, LOT 6
Property
Lot Information
  • Acres: 0.12
  • Lot Description: Level
  • Lot Size Square Feet: 5227.0
  • Lot Size Dimension: 40' X 125'
  • Lot Size Range: Sq Ft5000to6999
  • Lot Size: 5,000 to 6,999 Sq Ft
Property and Assessments
  • Property Type: Multi Family
  • Water Description: Public Water
  • Property Condition: Fixer
  • Year Built: 1967
Utilities
  • Fuel Description: Electricity
  • Heating Description: Baseboard
  • Hot Water Description: Electricity, Tank
  • Sewer Description: Public Sewer
  • Rent Includes: Trash Collection
Interior and Exterior Features
Exterior Features
  • Exterior Description: Brick, Cement Siding, Lap Siding, Wood Siding
  • Roof Type: Composition
Interior Features
  • Basement: Crawl Space
  • Foundation Details: Concrete Perimeter
  • Stories: 1
Multi Family
Multi-Family Information
  • Number Of Units Total: 2
  • Gross Income Actual: $29,268.00
  • Gross Income Projected: $35,880.00
  • Gross Rent Multiplier: $16.91
  • Investor Information: According To Owner
  • Net Income Actual: $21,768.00
  • Net Income Projected: 27880
  • Operating Expenses Projected: $8,000.00
  • Operating Expense: $7,500.00
  • Unit Type Type: Unit Type Type1, Unit Type Type2
  • SqFt Approximate Building Total: 1560
Unit 1 Information
  • Unit Type 1 Baths Total: 1
  • Unit Type 1 Baths Decimal: 1.00
  • Unit Type 1 Beds Total: 2
  • Unit Type 1 Features: Dishwasher, Refrigerator, Washer Dryer
  • Unit Type 1 Rent: $1,350
  • Unit Type 1 SqFt: 780.0
  • Unit Type 1 Units Total: 1
Unit 2 Information
  • Unit Type 2 Baths Total: 1
  • Unit Type 2 Baths Decimal: 1.00
  • Unit Type 2 Beds Total: 2
  • Unit Type 2 Features: Dishwasher, Refrigerator, Washer Dryer
  • Unit Type 2 Rent: $1,089
  • Unit Type 2 SqFt: 780.0
  • Unit Type 2 Units Total: 1

Schools near 132 Northeast 78th Avenue

This home is within Portland School District 1j.
Rating
School
Type
Grades
Distance
Vestal Elementary School
Public - K to 5
Harrison Park School
Public - K to 8
Leodis V. McDaniel High School
Public - 9 to 12
Portland Arthur Academy Charter School
Charter - K to 5
Rating
School
Distance
Vestal Elementary School
PublicK to 5

Harrison Park School
PublicK to 8

Leodis V. McDaniel High School
Public9 to 12

Portland Arthur Academy Charter School
CharterK to 5

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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More information about 132 Northeast 78th Avenue, Portland, OR 97213

132 Northeast 78th Avenue is a multi-family home for sale in Portland, OR 97213. This property was listed for sale on January 22, 2026 by Real Broker, it's currently listed at $495,000. This listing's school district is Portland School District 1j. Nearby schools include Vestal Elementary School, Harrison Park School and Leodis V. McDaniel High School. 132 Northeast 78th Avenue is a 0-bed, 0-bath, 1,560 sqft multi-family home built in 1967.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass, Inc., its subsidiaries, affiliates and their agents and associated third parties expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Real Broker

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