4811 NE Prescott St, Portland, OR 97218
Local realty services provided by:ERA Freeman & Associates, Realtors
4811 NE Prescott St,Portland, OR 97218
$1,500,000
- - Beds
- - Baths
- - sq. ft.
- Multi-family
- Active
Listed by:henry liu
Office:opt
MLS#:196836946
Source:PORTLAND
Price summary
- Price:$1,500,000
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 #:196836946
- Added:18 day(s) ago
- Updated:September 17, 2025 at 11:14 AM
Structure and exterior
- Roof:Composition
- Year built:1975
- Lot area:0.68 Acres
Schools
- High school:Leodis McDaniel
- Middle school:Beaumont
- Elementary school:Rigler
Utilities
- Water:Public Water
- Sewer:Public Sewer
Finances and disclosures
- Price:$1,500,000
- Tax amount:$12,671 (2024)
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