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4811/4823 NE PRESCOTT ST

Portland, OR 97218
Active
Multifamily
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$1,400,000
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… Read MoreRead Less
Listing courtesy of Opt.
Listing Snapshot
Days Online
96
Last Updated
Lot Size
0.68 Acres
Year Built
1975
MLS Number
395703257
30 Days Snapshot Of 97218
$485k
+9%
(avg) sold price
14
-12%
homes sold
21
-66%
(avg) days on market
Snapshot
Area Map
Additional Details
Basement
Basement: CrawlSpace
Building
Built in 1975, Unit Type Type: UnitTypeType1, UnitTypeType2
Cooling
Cooling: None
Expenses
Operating Expense: $57,565
Exterior Features
Exterior Description: WoodSiding
Heating
Heating: Other
Income
CAP Rate: 5.24, Gross Income: $131,617, Gross Rent Multiplier: 10.64, Net Operating Income: $73,309
Lot
Features: Private, Size Acres: 0.68, Size Range: SqFt20000toAcres1, Size Square Feet: 29,620, Size: 20,000 SqFt to .99 Acres
Parking
Features: Open, Paved, 13 total parking spots
Property
Number Of Units Total: 7, Zoning: Multi
Roof
Roof: Composition
Sewer
Sewer: PublicSewer
Taxes
Annual Amount: $13,143, Legal Description, Tax Year: 2025
Unit One
Actual Rent: $1,700, Area: 790, Features: Dishwasher, WasherDryerHookup, Units Total: 6, 1 total bathroom, 2 total bedroom
Unit Two
Actual Rent: $1,775, Area: 910, Features: Dishwasher, WasherDryerHookup, Units Total: 1, 1 total bathroom, 3 total bedroom
Utilities
Fuel Description: Electricity, Hot Water Description: Electricity, Water Source: PublicWater
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Erika George and Kari McGee
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Schools In The Area

Check out nearby schools with ratings and contact info.
Rigler School 503-916-6451 Public KG-5
Beaumont Middle School 503-916-5610 Public 6-8
Leodis V. McDaniel High School 503-916-5220 Public 9-12
Rigler School 503-916-6451 Public KG-5
Rigler School 503-916-6451 Public KG-5
Beaumont Middle School 503-916-5610 Public 6-8
Leodis V. McDaniel High School 503-916-5220 Public 9-12

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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.
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.