4811/4823 NE PRESCOTT ST, Portland, OR 97218
- $1,400,000
- List Price
- $1,400,000
- Days on Market
- 90
- MLS#
- 395703257
- Property Type
- Multifamily
- Lot Size
- 20, 000 SqFt to .99 Acres
- Region
- Portland Northeast
- Status
- ACTIVE
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.
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Additional Information
- Tax Amount
- $13,143
- Year Built
- 1975
- High School
- Leodis McDaniel
- Elementary School
- Rigler
- Middle School
- Beaumont
- Acres
- 0.68
- Terms
- Cash, Conventional, FHA, VA Loan
- Cooling Description
- None
- Fuel Description
- Electricity
- Heating Description
- Other
- Hoa Rent Includes
- Sewer, Trash Collection, Water
- Hot Water Description
- Electricity
- Exterior Description
- Wood Siding
- Roof Type
- Composition
- Sewer Description
- Public Sewer
- Parking
- Open, Paved
- Parking Description
- Open, Paved
- Number Of Units Total
- 7
- Unit Type One Baths Total
- 1
- Unit Type One Beds Total
- 2
- Unit Type One Rent
- 1700
- Unit Type One Sq Ft
- 790
- Unit Type One Units Total
- 6
- Unit Type Two Baths Total
- 1
- Unit Type Two Beds Total
- 3
- Unit Type Two Units Total
- 1
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The content relating to real estate for sale on this site comes in part from the IDX program of the RMLS of Portland, Oregon. Real Estate listings held by brokerage firms other than this firm are marked with the RMLS logo, and detailed information about these properties include the name of the listing's broker. Listing content is copyright © 2026 RMLS of Portland, Oregon. All information provided is deemed reliable but is not guaranteed and should be independently verified. This content last updated on . Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.