4811/4823 NE Prescott St, Portland, OR 97218

Portland
Local realty services provided by:Better Homes and Gardens Real Estate Equinox
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:9 day(s) ago
  • Updated:May 14, 2026 at 04:29 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
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