5855 NE Prescott St, Portland, OR 97218

Portland
Local realty services provided by:Knipe Realty ERA Powered
5855 NE Prescott St,Portland, OR 97218
$5,424,900
  • - Beds
  • - Baths
  • 13,521 sq. ft.
  • Multi-family
  • Active
Listed by: darryl bodle, kelly christian
Office: keller williams realty portland premiere
MLS#:326159155
Source:PORTLAND

Price summary

  • Price:$5,424,900
  • Price per sq. ft.:$401.22

About this home

Investor Opportunity – Newly Built 17-Unit Portland Multifamily Portfolio! An exceptional opportunity to acquire a newly constructed 17-unit multifamily portfolio across three high-performing Portland neighborhoods: Cully, Kenton, and St. Johns. Built between 2023 and 2025, each building showcases modern design with high-end finishes, open layouts, and oversized windows that fill the interiors with natural light. The combination of thoughtful design and new construction ensures lasting tenant appeal and minimal ongoing maintenance. Every unit is individually metered, providing simplified management and reduced operating costs. With the majority of units currently leased and income-producing, investors benefit from immediate cash flow and potential for continued rent growth and appreciation across some of Portland’s most stable rental markets. In Cully, residents enjoy easy access to Tamale Boy, Baerlic Brewing, Coffee Beer, and outdoor spaces such as Khunamokwst Park and the Beaumont...

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Home facts

  • Year built:2025
  • Listing ID #:326159155
  • Added:142 day(s) ago
  • Updated:March 29, 2026 at 11:20 AM

Rooms and interior

  • Basement Description:Crawl Space
  • Living area:13,521 sq. ft.

Heating and cooling

  • Heating:Mini Split

Structure and exterior

  • Roof:Composition
  • Year built:2025
  • Building area:13,521 sq. ft.
  • Foundation Description:Concrete Perimeter
  • Levels:2 Stories

Schools

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

Utilities

  • Water:Public Water
  • Sewer:Public Sewer

Finances and disclosures

  • Price:$5,424,900
  • Price per sq. ft.:$401.22

Parking

  • Parking description:On street
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: March 29, 2026

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