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$1,400,000
New Listing

4811/4823 NE PRESCOTT ST
Portland, OR 97218

For Sale|Multi Family|Active
5
Beds
2
Total Baths
1975
Built
County:
Multnomah
Listing courtesy of Henry Liu of Opt (503) 714-9178

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1-360-921-0417
4811/4823 NE PRESCOTT ST4811/4823 NE PRESCOTT ST4811/4823 NE PRESCOTT ST4811/4823 NE PRESCOTT ST
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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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Listing Snapshot
Price 
$1,400,000
Days On Site 
0 Days
Bedrooms 
5
Inside Area (SqFt) 
N/A
Total Baths 
2
Full Baths 
N/A
Partial Baths 
N/A
Lot Size 
0.68 Acres
Year Built 
1975
MLS® Number 
395703257
Status 
Active
Property Tax 
$13,143.45
HOA/Condo/Coop Fees 
N/A
Sq Ft Source 
N/A
Friends & Family
Recent Activity
6 hours agoListing updated with changes from the MLS®
6 hours agoListing first seen on site
General Features
Acres 
0.68
Parking 
OpenPaved
Parking Spaces 
13
Property Sub Type 
Multi Family
Sewer 
Public Sewer
Water Source 
Public
Zoning 
Multi
Interior Features
Basement 
Crawl Space
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Exterior Features
Lot Features 
Private
Roof 
Composition
Community Features
Financing Terms Available 
CashConventionalFHAVA Loan
MLS Area 
_142
Schools
School District
Unknown
Elementary School
Rigler
Middle School
Beaumont
High School
Leodis McDaniel
Listing courtesy of Henry Liu of Opt (503) 714-9178



The content relating to real estate for sale on this website comes in part from the IDX program of the RMLS™ of Portland, Oregon. Real estate listings held by brokerage firms other than Opt are marked with the RMLS™ logo, and detailed information about these properties includes the names of the listing brokers. Listing content is Copyright © 2026 RMLS™, Portland, Oregon. Some properties which appear for sale on this website may subsequently have sold or may no longer be available.

Last checked 2026-04-30 02:04 PM PDT.

All information provided is deemed reliable but is not guaranteed and should be independently verified

Neighborhood & Commute
Source: Walkscore
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