9042 Southwest Monterey Place

Open: 8/16 01:00PM - 03:00PM
Open: 8/16 01:00PM - 03:00PM
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$749,900
3,000 sqft$250/sqft
9042 SW Monterey Pl, Portland, OR 97225
Est: $4,431/moGet pre-approved

Description

Looking for the perfect owner-occupied duplex? This beautifully updated mid-century modern duplex lives more like a single-family home with a separate ADU, offering the ideal combination of comfortable living and rental income. Unit 9042 is vacant and move-in ready, allowing you to live in the larger unit while the strong rental income from 9040 helps pay the mortgage. Lovingly remodeled while preserving its mid-century charm and original character, this property is in excellent condition inside...Looking for the perfect owner-occupied duplex? This beautifully updated mid-century modern duplex lives more like a single-family home with a separate ADU, offering the ideal combination of comfortable living and rental income. Unit 9042 is vacant and move-in ready, allowing you to live in the larger unit while the strong rental income from 9040 helps pay the mortgage. Lovingly remodeled while preserving its mid-century charm and original character, this property is in excellent condition inside and out. Recent improvements include a BRAND NEW ROOF, newer vinyl windows, two new water heaters, updated kitchens and bathrooms, new exterior paint, one new electrical panel, and copper plumbing. Unit 9042 features a mini-split HVAC system for A/C, a private deck, and a flexible lower level that could potentially be rented separately for even more income. Each unit has its own garage, and the beautifully landscaped, park-like setting is filled with mature trees and privacy. Located on a quiet road with no through-traffic and just minutes from Providence St. Vincent Medical Center—close enough to walk—this property is ideally positioned for a strong tenant base of nearby medical professionals. Perfect for the buyer looking to house-hack, reduce their mortgage payment with rental income, or secure a turnkey investment in a highly desirable location. A rare blend of character, condition, income, and owner-occupant appeal!
LISTING UPDATED: 08/13/2026 01:44 PM

  1. Listed by Jeff Stephens • MORE Realty • 503-869-7303

Property Details for 9042 Southwest Monterey Place

Status
Active
MLS #
658722189
Days on Market
Listed Today
Taxes
$7,428 / year
HOA Fees
-
Condo/Co-op Fees
-
Property Type
Multi Family
MLS Type
Multi Family
Year Built
1967
Lot Size
0.22 AC / 9,583 SF
County
Washington County
Parking Features
Garage, Off Street
Zoning
r15
Garage Spaces
2.00
Parking Total
4.00

Open Houses

Sunday, Aug 16th1:00 PM - 3:00 PM
PublicView contact

Location

Listing Courtesy of MORE Realty
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Building Information for 9042 Southwest Monterey Place

Stories2Residences2Year Built1967Building Size-Lot Size0.22 AC / 9,583 SF

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$4,431 per month

30 year fixed, 6.55% Interest

Principal and Interest

$3,812

Property Taxes

$619

HOA Dues

$0

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Property Information for 9042 Southwest Monterey Place

Summary
Location and General Information
  • Country: US
  • Directions: Hwy 26, East on Barnes Rd, South on Monterey Place
  • Road Surface: Paved
School Information
  • Elementary School: W Tualatin View
  • High School: Beaverton
  • Middle Or Junior School: Cedar Park
Taxes and HOA
  • Tax Year: 2025
  • Tax Annual Amount: $7,428.46
  • Parcel Number: R9047
  • Tax Legal Description: PACIFIC GREEN, LOT 28, ACRES 0.22
Property
Lot Information
  • Acres: 0.22
  • Lot Description: Trees
  • Lot Size Square Feet: 9583.0
  • Lot Size Range: Sq Ft7000to9999
  • Lot Size: 7,000 to 9,999 Sq Ft
Property and Assessments
  • Property Type: Multi Family
  • Water Description: Public Water
  • Year Built: 1967
Utilities
  • Cooling Description: Mini Split
  • Fuel Description: Electricity, Gas
  • Heating Description: Forced Air, Mini Split
  • Hot Water Description: Electricity
  • Sewer Description: Public Sewer
  • Rent Includes: Sewer, Water
Interior and Exterior Features
Exterior Features
  • Exterior Description: Lap Siding
  • Roof Type: Composition
Interior Features
  • Basement: Finished, Full Basement
  • Foundation Details: Concrete Perimeter
  • Stories: 2
Multi Family
Multi-Family Information
  • Number Of Units Total: 2
  • Gross Income Actual: $23,940.00
  • Gross Income Projected: $55,080.00
  • Gross Rent Multiplier: $31.32
  • Investor Information: According To Owner, Leases
  • Net Income Actual: $7,356.00
  • Net Income Projected: 42290
  • Operating Expenses Projected: $12,790.00
  • Operating Expense: $16,584.00
  • Storage: Garage, Individual Storage Units
  • Unit Type Type: Unit Type Type1, Unit Type Type2
  • SqFt Approximate Building Total: 3000
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, Hardwood Floors, Refrigerator, Washer Dryer
  • Unit Type 1 Rent: $1,995
  • Unit Type 1 SqFt: 1200.0
  • Unit Type 1 Units Total: 1
Unit 2 Information
  • Unit Type 2 Baths Total: 3
  • Unit Type 2 Baths Decimal: 3.00
  • Unit Type 2 Beds Total: 3
  • Unit Type 2 Features: Air Conditioning, Dishwasher, Hardwood Floors, Washer Dryer
  • Unit Type 2 Rent: $0
  • Unit Type 2 SqFt: 1800.0
  • Unit Type 2 Units Total: 1

Property History for 9042 Southwest Monterey Place

DateEvent & SourcePriceAppreciation
Dec 4, 2019

Sold (Public Record)

Public Record #658455625

$535,000—
DateEvent & SourcePrice
12/04/2019

Sold (Public Record)

Public Record #658455625

$535,000

For completeness, we often displays two records for one sale: the MLS record and the public record.

Public Records for 9042 Southwest Monterey Place

Taxable ValueLand-Additions-Total-
Tax Record2025$7,428 ($619 / month)
Home Facts
Baths3Total Finished SqFt3,560 SqFtAbove Grade Finished SqFt2,865 SqFtFinished Basement SqFt695 SqFtLot Size9,583 SqFtStyleDuplexYear Built1967Year Renovated1967ZoningR-15CountyWASHINGTONAPNR9047

Schools near 9042 Southwest Monterey Place

This home is within Beaverton School District 48j.
Rating
School
Type
Grades
Distance
West Tualatin View Elementary School
Public - K to 5
Cedar Park Middle School
Public - 6 to 8
Beaverton High School
Public - 9 to 12
Hope Chinese Charter School
Charter - K to 8
Rating
School
Distance
West Tualatin View Elementary School
PublicK to 5

Cedar Park Middle School
Public6 to 8

Beaverton High School
Public9 to 12

Hope Chinese Charter School
CharterK to 8

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 9042 Southwest Monterey Place, Portland, OR 97225

9042 Southwest Monterey Place is a multi-family home for sale in Portland, OR 97225. This listing's school district is Beaverton School District 48j. Nearby schools include West Tualatin View Elementary School, Cedar Park Middle School and Beaverton High School. 9042 Southwest Monterey Place is a 0-bed, 0-bath, 3,000 sqft multi-family home built in 1967.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of any information, descriptions or measurements (including square footage measurements and property condition), such should be independently verified through appropriate means, including, but not limited to, in person inspection and public records, and Compass International Holdings, its subsidiaries, affiliates and independently owned and operated franchisees, and their affiliated agents and associated third parties expressly disclaim 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 seller's discretion. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of MORE Realty

All information provided is deemed reliable but is not guaranteed and should be independently verified. The content relating to real estate for sale on this web site comes in part from the IDX program of the RMLS of Portland Oregon. Real estate listings held by brokerage firms other than Compass are marked with the RMLS logo and detailed information about these properties includes the names of the listing brokers. Copyright © 2026 RMLS, Portland, Oregon. Last updated: 08/13/2026 01:44 PM