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Listed by Opt • 503-714-9178

$1,400,000

Est. payment - /mo

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0.68 Acres Lot

New

4811/4823 NE PRESCOTT ST Portland, OR 97218

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Tommy Jedrzejczyk

tommy@tltre.com +1(503) 506-4646

UPDATED:

Key Details

Property Type Multi-Family

Listing Status Active

Purchase Type For Sale

MLS Listing ID 395703257

Year Built 1975

Annual Tax Amount $13,143

Tax Year 2025

Lot Size 0.680 Acres

Property Description

This seven-unit multifamily property in Portland's desirable Cully neighborhood offers an exceptional investment opportunity. The property features six spacious two-bedroom, one-bathroom units and one larger three-bedroom, one-bathroom unit with a private garage, making it ideal for a mix of tenants and potential owner-occupancy. Recent upgrades include a new roof installed five years ago and energy-efficient double-pane windows throughout, reducing long-term maintenance and improving tenant appeal. Situated in a highly sought-after area known for its vibrant community feel, the property offers easy access to parks, dining, shopping, and public transit, providing excellent livability for tenants. With strong rental demand, a desirable unit mix, and recent capital improvements, this property presents a rare opportunity for investors seeking steady income potential and long-term appreciation in one of Portland's fastest-growing neighborhoods.

Location

State OR

County Multnomah

Area _142

Zoning Multi

Rooms

Basement Crawl Space

Interior

Heating Other

Cooling None

Exterior

Roof Type Composition

Garage No

Building

Lot Description Private

Sewer Public Sewer

Water Public Water

Schools

Elementary Schools Rigler

Middle Schools Beaumont

High Schools Leodis Mcdaniel

Others

Acceptable Financing Cash, Conventional, FHA, VALoan

Listing Terms Cash, Conventional, FHA, VALoan

Regional Multiple Listing Service (RMLS)

NEARBY SCHOOL & BUSINESS

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