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    4811 NE Prescott St Portland, OR 97218

    For Sale
    $1,400,000

    MULTI_FAMILY - Portland, OR

    Lot size:
    0.68 Acres
    Days on Market:
    11
    Last Refresh:
    Dec 13 at 3:06 pm

    Property Features for 4811 NE Prescott St

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Standard status
    Active
    Zoning
    Multi
    Rooms
    Bedroom 4, Bathroom 1, Bedroom 1, Bedroom 3, Bedroom 2, Bathroom 2, Bedroom 5
    Bedrooms
    5
    APN
    R317714
    Lot size
    0.68 Acres

    Building Details

    Year built
    1975
    Number of units
    7
    Roof type
    Composition

    Opt Real Estate (503) 351-3739 [email protected]

    Listing agent Henry Liu (503) 908-4908

    Listing date Dec 3, 2025

    MLS# 196836946 Listing URL

    Copyright © 2025 Regional Multiple Listing Services. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Portland Multifamily Investment Opportunity

    This seven-unit multifamily property is located in Portland's Cully neighborhood. It features six two-bedroom, one-bathroom units and one three-bedroom, one-bathroom unit with a private garage. The property is suitable for a mix of tenants and potential owner-occupancy. A new roof was installed five years ago. Energy-efficient double-pane windows have been installed throughout the building. The property is situated in an area known for its vibrant community feel, with access to parks, dining, shopping, and public transit. The property is located in one of Portland's fastest-growing neighborhoods and offers steady income potential and long-term appreciation. The lot size is 0.68 acres.
    Property Profile Location Intelligence

    Current Use by Public Records

    Apartment buildings

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Portland
    County
    Washington
    State
    Oregon
    Longitude
    -122.613168
    Latitude
    45.555931

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    FAQs

    What type of property is this?
    Apartment building - Seven-unit property in Portland's Cully neighborhood with recent upgrades.
    Where is this apartment building located?
    The property is located at 4811 NE Prescott St Portland, OR.
    What is the asking price?
    The asking price for this property is $1,400,000.
    What are key features of this property?
    This property features: - Seven-unit multifamily property in Portland's desirable Cully neighborhood.; - **Six 2-bedroom, 1-bathroom units and one 3-bedroom, 1-bathroom unit with a private garage.**; - Recent upgrades include a new roof (5 years old) and energy-efficient double-pane windows.
    (503) 908-4908
    Request Owner's contact information
    4811 NE Prescott St Portland, OR 97218
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    Portland, OR 97218
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    4811 NE Prescott St Portland, OR 97218
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