4811 NE PRESCOTT ST

Portland, 97218

  • 5 Bed

  • 2 Bath

  • 1700 SqFt

  • 46 DOM

  • Built: 1975

  • Status: Active

$1,400,000

Price cut: $100K (10-06-2025)

X

4811 NE PRESCOTT ST

Portland 97218

$1400000

Price cut: $100K (10-06-2025)

  • 5 Bed

  • 2 Bath

  • 1700 SqFt

  • 46 DOM

  • Built: 1975

  • Status: Active

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Mohanraj Rajendran

Real Estate Agent

(503) 336-1515

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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Residence Information

  • 1700

  • 5

  • 2

  • Composition

  • Open,Paved

  • 1975

  • No

  • WoodSiding

  • CrawlSpace

  • CrawlSpace

Features and Utilities

  • None

  • Electricity

  • Other

  • PublicSewer

  • Electricity

  • Electricity

Financial

  • 12671.11

  • Sewer,TrashCollection,Water

  • Cash,Conventional,FHA,VALoan

  • 08-29-2025

  • No

  • No

Comparable Information

  • 46

  • 46

  • Cash,Conventional,FHA,VALoan

  • $1,500,000

  • $1,400,000

  • Oct 14, 2025 00:24

Schools

Elementary : Rigler N/A Ratings
Middle : Beaumont N/A Ratings
High : Leodis McDaniel N/A Ratings

Map

Listing courtesy of Opt.

The content relating to real estate for sale on this site comes in part from the IDX program of the RMLS of Portland, Oregon. Real Estate listings held by brokerage firms other than this firm are marked with the RMLS logo, and detailed information about these properties include the name of the listing's broker. Listing content is copyright © 2019 RMLS of Portland, Oregon. All information provided is deemed reliable but is not guaranteed and should be independently verified. Mohan Realty Group data last checked: Oct 14, 2025 10:06 | Listing last modified Oct 14, 2025 00:24. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.

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