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About this home
Welcome home. I’m a newly built Montavilla condo created to bring elevated design, everyday comfort, and an accessible path to homeownership together in one inviting package. Built by a multi-year Street of Dreams builder and Builder of the Year award winner by the Home Building Association, I showcase thoughtful craftsmanship, abundant natural light, and an efficient use of space. Step inside and my tall ceilings and oversized windows immediately create a bright, open atmosphere. My great room layout connects the kitchen, dining, and living areas, giving you a comfortable place to unwind and an effortless setting for entertaining. In my kitchen, custom cabinetry, stainless steel appliances, sleek countertops, and generous workspace are ready for everything from quiet breakfasts to lively dinners. I offer three well proportioned bedrooms and 2½ baths, including a peaceful primary suite with a walk in closet and private ensuite bath. A convenient ½ bath on the main level adds functionality for guests. Energy efficient mini split systems provide heating and cooling throughout, while my low maintenance design and low monthly HOA dues help make daily living simple. Beyond my front door, enjoy coffee from Mudd Works Roastery, plant based creations at Secret Pizza Society, recreation at Montavilla Park, fresh local finds at the Montavilla Farmers Market, and movies at the historic Academy Theater. Neighborhood shops, dining, and transit keep the best of Montavilla within easy reach. A one year builder warranty provides added peace of mind. My list price reflects buyer eligibility for the Portland Housing Bureau System Development Charge exemption program, a City of Portland affordable housing initiative designed to support more accessible new construction housing for qualifying buyers. HOLTE available on this property offering huge tax savings through a 10-year property tax abatement for an eligible buyer.
CondoProperty Type
2025Year Built
$284Price/Sq.Ft.
$28/moHOA Dues
Listed by Darryl Bodle• Keller Williams Realty Portland Premiere
Listed by Kelly Christian• Keller Williams Realty Portland Premiere
Make a winning offer with the help of a local agent
Around this home
Schools
K - 12
Preschool & daycare
Vestal Elementary School
Public K-5 • Assigned • 0.5mi
8/10
Harrison Park School
Public 6-8 • Assigned • 1.5mi
9/10
Leodis V. McDaniel High School
Public 9-12 • Assigned • 1.2mi
4/10
Provided by GreatSchools
About
Montavilla
Montavilla, located between Mount Tabor and Gateway, is a residential and commercial Portland neighborhood with a walkable main street and a classic streetcar-era grid. The neighborhood’s character concentrates around SE Stark Street near SE 80th Avenue, where taverns, coffee counters, vintage shops, and small galleries keep the sidewalks active. Montavilla Brew Works, Academy Theater, and Bipartisan Cafe act as local pillars for pints, films, and late-night pie. Early-20th-century bungalows and cottages mix with brick storefronts and newer infill along the arterials. Tree-lined blocks lead to pocket parks and community gardens, while the nearby MAX line adds a steady transit rhythm. The annual Montavilla Street Fair turns Stark into a pedestrian promenade of makers and music.
Provided by Walk Score and Local Logic
Market insights
481 NE 72nd Ave #4 · $348,900
DAYS ON MARKET
397 days
The average home goes pending in 72 days.
SALE-TO-LIST
97.8%
Most homes are selling 2% below list price.
LIST PRICE
$348,900
Median list price in this area is $323,610. (7% lower than this home)
PRICE DROP
6 price drops
25% of homes in this area have had a price drop in the past month.
Property details
Interior
Exterior
Finance
Kitchen
Bathroom
Bedroom
Living
Interior features
High ceilings
Laundry hookups available
Bedrooms
Primary bedroom on upper level with ensuite and wall-to-wall carpet
Second bedroom on upper level with wall-to-wall carpet
Third bedroom on upper level with wall-to-wall carpet
Bathrooms
Three total bathrooms: two full (both on upper level) and one partial on main level
Kitchen
Gourmet kitchen with quartz/solid surface countertops
Dishwasher
Disposal
Free-standing range
Microwave
Plumbed for ice maker
Stainless steel appliances
Laundry & utility
Washer/dryer hookup available
Electric hot water
Flooring
Wall-to-wall carpet in bedrooms
Heating & cooling
Mini-split heating
Mini-split cooling
Exterior features
Fenced yard
Patio
Trees/woods view
Level lot
Paved road access
Board & batten and cement siding
Home design
Residential condominium (rowhouse floor plan)
Townhouse unit
New construction
Three stories
Builder warranty
Parking
No garage (no deeded or assigned condo garage; tandem parking not applicable)
Construction
2025 construction
Composition roof
Concrete perimeter foundation
Utilities
Electric fuel
Public water
Public sewer
HOA & community
HOA fee of $28 monthly
Complex of 7 units across 3 levels
Condominium yard available
Electricity and solar
View estimated energy costs and solar savings for this home
As the MLS and public records start to fill up, we'll list the details here.
Public record
Public record
Zoning
Beds
—
Baths
—
Stories
—
Lot width
45 ft.
Lot depth
100 ft.
Lot size
—
Year renovated
—
Finished Sq. Ft.
—
Unfinished Sq. Ft.
—
Total Sq. Ft.
—
Year built
—
Style
Condo/Co-op
County
Multnomah County
APN
New Construction
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
—
Last updated by owner on Oct 8, 2025.
CM2
Commercial/Mixed Use 2
The Commercial/Mixed Use 2 (CM2) zone is a medium scale zone intended for sites in a variety of centers, along corridors, and in other mixed use areas that have frequent transit service. The zone allows a wide range and mix of commercial and residential uses, as well as employment uses that have limited off-site impacts. Buildings in this zone will generally be up to four stories tall unless height and floor area bonuses are used, or plan district provisions specify other height limits. Development is intended to be pedestrian-oriented, provide a strong relationship between buildings and sidewalks, and complement the scale of surrounding residentially zoned areas.
Permitted uses
Include but are not limited to:
Religious facility
Automotive repair garage
Day care facility
General retail
Hospital / medical center
Housing
Office
Educational / school
Recreation-Other
Park & open space
Climate risks
1/10 Flood Factor
Minimal risk of a flood reaching the building in the next 30 years
1/10 Fire Factor
Unlikely to be in a wildfire in next 30 years
3/10 Heat Factor
7 days above 91° expected this year, 15 days in 30 years
1/10 Wind Factor
Minimal risk of severe winds over next 30 years
10/10 Air Factor
19 unhealthy days expected this year, 21 days in 30 years
Provided by First Street
Historical weather
Portland, OR • 97213
Average low and high temperatures (°F)
47
36
49
37
57
42
65
44
71
50
77
54
83
58
84
61
76
56
61
46
53
43
50
42
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Sun exposure
71/ 100
Good sunlight
Sunscore
There appears to be minimal shading by surrounding buildings, terrain, and vegetation.
8.5 hrs
4.2 hrs
JuneDecember
Provided by Shadowmap
Redfin Estimate for 481 NE 72nd Ave #4
We cannot show automated home-value estimates for this home.
Nearby homes have recently sold between $265,000 and $417,000.
Nearby comparable homes
The Redfin Estimate uses 6 recent nearby sales, priced between $265K to $417K.