4811/4823 NE Prescott St, Portland, OR 97218

Portland
Local realty services provided by:Knipe Realty ERA Powered
4811/4823 NE Prescott St,Portland, OR 97218
$1,400,000
  • - Beds
  • - Baths
  • - sq. ft.
  • Multi-family
  • Active
Listed by: henry liu
Office: opt503-714-9178
MLS#:395703257
Source:PORTLAND

Price summary

  • Price:$1,400,000

About this home

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.

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Home facts

  • Year built:1975
  • Listing ID #:395703257
  • Added:8 day(s) ago
  • Updated:May 13, 2026 at 06:46 PM

Rooms and interior

  • Basement Description:Crawl Space

Structure and exterior

  • Roof:Composition
  • Year built:1975
  • Lot area:0.68 Acres
  • Lot Features:Private

Schools

  • High school:Leodis McDaniel
  • Middle school:Beaumont
  • Elementary school:Rigler

Utilities

  • Water:Public Water
  • Sewer:Public Sewer

Finances and disclosures

  • Price:$1,400,000
  • Tax amount:$13,143 (2025)

Parking

  • Total parking spaces:13
  • Parking description:Open, Paved
MLS LogoAll 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 Knipe Realty ERA Powered 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: May 13, 2026

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