5855 NE Prescott St, Portland, OR 97218

Local realty services provided by:Better Homes and Gardens Real Estate Realty Partners
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:6 day(s) ago
  • Updated:November 13, 2025 at 07:22 PM

Rooms and interior

  • 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.

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
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