Portland, OR 97218,4811 NE PRESCOTT ST
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Portland, OR 97218,4811 NE PRESCOTT ST
Portland, OR 97218,4811 NE PRESCOTT ST
Portland, OR 97218,4811 NE PRESCOTT ST
Portland, OR 97218,4811 NE PRESCOTT ST
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Listed by Opt • 503-714-9178
$ 1,400,000
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4811 NE PRESCOTT ST Portland, OR 97218

0.68 Acres Lot


UPDATED:

Key Details

Property Type Multi-Family

Listing Status Active

Purchase Type For Sale

MLS Listing ID 196836946

Year Built 1975

Annual Tax Amount $12,671

Tax Year 2024

Lot Size 0.680 Acres

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.

Location

State OR

County Multnomah

Area _142

Zoning Multi

Rooms

Basement Crawl Space

Interior

Heating Other

Cooling None

Exterior

Roof Type Composition

Garage No

Building

Lot Description Private

Sewer Public Sewer

Water Public Water

Schools

Elementary Schools Rigler

Middle Schools Beaumont

High Schools Leodis Mcdaniel

Others

Acceptable Financing Cash, Conventional, FHA, VALoan

Listing Terms Cash, Conventional, FHA, VALoan


Regional Multiple Listing Service (RMLS)
SCHOOLSPROPERTIES
Elementary Schools 20
  • 9

    Laurelhurst Elementary School

    Public | KG - 8

  • 8

    Sunnyside Environmental School

    Public | KG - 8

  • 8

    Glencoe Elementary School

    Public | KG - 5

  • 8

    Beverly Cleary School

    Public | KG - 8

  • 8

    Alameda Elementary School

    Public | KG - 5

  • 6

    Portland Arthur Academy Charter School

    Public | KG - 5

  • 6

    Sabin Elementary School

    Public | KG - 8

  • 5

    Buckman Arts Focus Elementary School

    Public | KG - 5

  • 5

    Irvington Elementary School

    Public | KG - 8

  • 5

    Roseway Heights Elementary School

    Public | KG - 8

  • 4

    Vernon Elementary School

    Public | KG - 8

  • 4

    Faubion Elementary School

    Public | PK - 8

  • 3

    The Ivy School

    Public | 1 - 8

  • 2

    Vestal Elementary School

    Public | KG - 8

  • 2

    Scott Elementary School

    Public | KG - 8

  • 1

    Rigler Elementary School

    Public | KG - 5

  • 1

    Woodlawn Elementary School

    Public | PK - 8

  • 0

    Sunnyside Mennonite Montessori School

    Private | PK - KG

  • 0

    Creative Science School

    Public | KG - 8

  • 0

    Belmont Academy

    Private | PK - KG

Middle Schools 6
  • 9

    Da Vinci Middle School

    Public | 6 - 8

  • 7

    Mt Tabor Middle School

    Public | 6 - 8

  • 5

    Beaumont Middle School

    Public | 6 - 8

  • 0

    Pacific Crest Community School

    Private | 6 - 12

  • 0

    St Andrew Nativity School

    Private | 6 - 8

  • 0

    De Paul Alternative School

    Private | 8 - 12

High Schools 8
  • 7

    Grant High School

    Public | 9 - 12

  • 6

    Benson Polytechnic High School

    Public | 9 - 12

  • 4

    Madison High School

    Public | 9 - 12

  • 2

    Leadership and Entrepreneurship Public Charter High School

    Public | 9 - 12

  • 0

    Central Catholic High School

    Private | 9 - 12

  • 0

    Alliance High School

    Public | 9 - 12

  • 0

    Helensview High School

    Public | 9 - 12

  • 0

    Naya Early College Academy

    Private | 9 - 12

School and business data provided by Attom Data.
Nataliya Zakharov

Nataliya Zakharov

Agent

+1(503) 358-8487

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4811 NE PRESCOTT ST