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8424 Clay st - 4-plex in Montavilla 4 Unit Apartment Building Offered at $1,379,900 Portland, OR 97216



INVESTMENT HIGHLIGHTS
- Investor-friendly 4-plex
- Individually metered
- Efficient townhome layouts
- Private fenced patios
EXECUTIVE SUMMARY
Investor-friendly 4-plex in Montavilla anchored by efficient 3BR/2.5BA townhome layouts and a walkable SE Stark corridor location. All four attached homes—approximately 921, 921, 925, and 1,008 sq ft—are individually metered for clean utility pass-through and streamlined operations. Every unit includes a private, fenced patio that helps with resident retention and reduces interior wear, plus ductless mini-splits for energy-efficient year-round heating and cooling to keep utility costs and maintenance predictable. The neighborhood drives demand: dinner and cocktails at The Observatory, rotating taps at Roscoe’s, weekend brunch at Redwood, and coffee and pie at Bipartisan Cafe, with the Academy Theater adding steady evening/weekend foot traffic. Nearby Montavilla Park provides fields and open space, while Mt. Tabor Park offers trails and skyline viewpoints—easy draws for prospective residents. Convenient access to major eastside arterials and nearby MAX connections supports practical commuting across Portland.
PROPERTY FACTS
| Price | $1,379,900 | Apartment Style | Townhome |
| Price Per Unit | $344,975 | Lot Size | 0.08 AC |
| Sale Type | Investment | Building Size | 3,776 SF |
| No. Units | 4 | No. Stories | 2 |
| Property Type | Multifamily | Year Built | 2025 |
| Zoning | RM1 | ||
| Price | $1,379,900 |
| Price Per Unit | $344,975 |
| Sale Type | Investment |
| No. Units | 4 |
| Property Type | Multifamily |
| Apartment Style | Townhome |
| Lot Size | 0.08 AC |
| Building Size | 3,776 SF |
| No. Stories | 2 |
| Year Built | 2025 |
| Zoning | RM1 |
AMENITIES
UNIT AMENITIES
- Patio
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| 3+2.5 | 1 | $2,700 | 1,008 |
| 3+2.5 | 2 | $2,550 | 921 |
| 3+2.5 | 1 | $2,575 | 925 |
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Walk Score®
Very Walkable (80)
Bike Score®
Biker's Paradise (99)
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VIDEOS
MATTERPORT 3D EXTERIOR
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8424 Clay st - 4-plex in Montavilla
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