5230 SE Knapp

Portland, 97206

  • 2 Bed

  • 1.5 Bath

  • 879 SqFt

  • 23 DOM

  • Built: 2025

  • Status: Active

$349,000

Price cut: $10K (02-13-2026)

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5230 SE Knapp

Portland 97206

$349000

Price cut: $10K (02-13-2026)

  • 2 Bed

  • 1.5 Bath

  • 879 SqFt

  • 23 DOM

  • Built: 2025

  • Status: Active

    Open House

Krishna Regupathy

Principal Broker

(503) 893-8874

This detached new construction doesn’t just check boxes — it changes the math.The property qualifies for a 10-Year Tax Abatement and SDC Waiver program through the Portland Housing Bureau. Buyers who meet program guidelines may pay property taxes on the land only, not the home, for the next ten years. That’s potentially thousands saved annually.Now let’s talk about the actual house (because it’s not riding on only the tax perk)...Open, airy, and intentionally designed, the living room and kitchen flow together in a way that just makes sense. Quartz slab counters, custom soft-close cabinetry, stainless appliances, and a pantry make this kitchen as functional as it is good-looking.Upstairs, vaulted ceilings give the bedrooms a peaceful ambience .Bathrooms are finished with beautiful tile, laundry is exactly where you want it (upstairs), and the mini-split keeps things comfortable year-round.Outside, you get a generous private fenced patio plus secured exterior storage — rare, practical, and actually useful.Smart layout. Modern finishes. Real outdoor space. And a financial advantage most homes simply don’t offer.Yes. This one goes on the must-see list. Price is based on buyer(s) qualifying for the tax-abatement/SDC waiver PHB program.

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