- ADDRESS:
- 4811 NE PRESCOTT ST Portland, OR 97218
- Price:
- $1,500,000
- Units:
- 7
- Acres:
- 0.68
- Unit 1:
-
2 Bed
1.0 Bath
$1,700/mo
Features: Dishwasher, Washer/Dryer Hookup - Unit 2:
-
2 Bed
1.0 Bath
$1,700/mo
Features: Dishwasher, Washer/Dryer Hookup - Unit 3:
-
2 Bed
1.0 Bath
$1,700/mo
Features: Dishwasher, Washer/Dryer Hookup - Unit 4:
-
2 Bed
1.0 Bath
$1,700/mo
Features: Dishwasher, Washer/Dryer Hookup - Unit 5:
-
2 Bed
1.0 Bath
$1,700/mo
Features: Dishwasher, Washer/Dryer Hookup - Unit 6:
-
2 Bed
1.0 Bath
$1,700/mo
Features: Dishwasher, Washer/Dryer Hookup - Unit 7:
-
3 Bed
1.0 Bath
$1,775/mo
Features: Dishwasher, Washer/Dryer Hookup - MLS#:
- 196836946
- Lot Size:
- 20,000 SqFt to .99 Acres
- Type:
- Multi
- Zone:
- Multi
- Yr Built:
- 1975
- Taxe/yr:
- $12,671.11
- County:
- Multnomah
- Status:
- Active
- Heat:
- Other
- Elem:
- Rigler
- Middle:
- Beaumont
- High:
- Leodis McDaniel
- Lot Desc:
- Private
- Area:
- Portland Northeast
- Courtesy of:
- Opt
- Remarks:
- 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.