4811/4823 NE PRESCOTT ST

Portland, 97218

  • 5 Bed

  • 2 Bath

  • 1700 SqFt

  • 1 DOM

  • Built: 1975

  • Status: Active

$1,400,000

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4811/4823 NE PRESCOTT ST

Portland 97218

$1400000

  • 5 Bed

  • 2 Bath

  • 1700 SqFt

  • 1 DOM

  • Built: 1975

  • Status: Active

Krishna Regupathy

Principal Broker

(503) 893-8874

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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