4811 Ne Prescott St, Portland, OR

$1,400,000

Previous Next

0.68

Acres

About 4811 Ne Prescott St

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.

Features of 4811 Ne Prescott St

MLS® # 196836946
Price $1,400,000
Bathrooms 0.00
Acres 0.68
Year Built 1975
Type Multi Family
Status Active

Community Information

Address 4811 Ne Prescott St
Area 142 - Portland Northeast
City Portland
County Multnomah
State OR
Zip Code 97218

Amenities

Parking Spaces 13
Parking Open, Paved
Is Waterfront No
Has Pool No

Interior

Heating Other
Cooling None
Fireplace No
Basement Crawl Space

Exterior

Exterior Wood Siding
Lot Description Private
Roof Composition

School Information

Elementary Rigler
Middle Beaumont
High Leodis McDaniel

Additional Information

Date Listed August 29th, 2025
Days on Market 66
Zoning Multi
Short Sale No
RE / Bank Owned No

Listing Details

OfficeOpt
Contact Info503-714-9178

Listing Map

Request a Showing

Provide a valid email address.
When would you like to view this property?