Multi-Family for Sale: 4811/4823 NE PRESCOTT ST, Portland, OR 97218

$1,400,000
$1,400,000
4811/4823 NE PRESCOTT ST, Portland, OR 97218
$1,400,000
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Price:
$1,400,000
Est. payment: Skip to Mortgage Calculator

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Type Multi-Family
Lot Size 0.68 acres
Year Built 1975
Taxes Paid $13,143
City Portland
Area 142 - Portland Northeast
County Multnomah
School District Leodis Mc Daniel
MLS 395703257
Status Active
DOM 101 days
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.

Room Features

Basement Description Crawl Space

Lot & Building Features

Cooling None
Heating Other
Parking Description Open, Paved
Sewer Public Sewer
Water Public Water
Water Heater Electricity

Community and Schools

Elementary School Rigler
Junior High School Beaumont
Senior High School Leodis Mc Daniel

Unit Features

Unit Type 1 Actual Rent 1700
Unit Type 1 Area 790
Unit Type 1 Baths 1.000
Unit Type 1 Baths Total 1
Unit Type 1 Beds Total 2
Unit Type 1 Features Washer/Dryer Hookup, Dishwasher
Unit Type 1 Units Total 6
Unit Type 2 Actual Rent 1775
Unit Type 2 Area 910
Unit Type 2 Baths 1.000
Unit Type 2 Baths Total 1
Unit Type 2 Beds Total 3
Unit Type 2 Features Washer/Dryer Hookup, Dishwasher
Unit Type 2 Units Total 1

Price History of 4811/4823 NE PRESCOTT ST, Portland, OR

Date Name Price Difference
04/30/2026 Listing Price $1,400,000 N/A
*Information provided by REWS for your reference only. The accuracy of this information cannot be verified and is not guaranteed.

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Map of 4811/4823 NE PRESCOTT ST, Portland, OR

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Photo of Don Nunamaker, Realtors
Direct: 541-386-4400
Office
2495 Cascade Ave.
Hood River, OR 97031
541-386-4400
Listed by Opt, Henry Liu
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0.93881785714286%
6.75%
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4811/4823 PRESCOTT ST (MLS #395703257) is a multi-family listing located in Portland, OR. This multi-family listing is on a lot of 29,620 sqft (or 0.68 acres) and is 51 years old. This property was listed on 04/30/2026 and has been priced for sale at $1,400,000.

Nearby zip codes are 97211, 97212, 97213, 97214 and 97232.

RMLS

Listing Last updated . Some properties which appear for sale on this web site may subsequently have sold or may no longer be available. Walk Score map and data provided by Walk Score. Google map provided by Google. Bing map provided by Microsoft Corporation.

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

Listing information courtesy of: Opt

The content relating to real estate for sale on this web site comes in part from the IDX program of the RMLS. of Portland, Oregon. Real estate listings held by brokerage firms other than Don Nunamaker, Realtors 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.