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7-Unit Apartment Building
For Sale
$1,400,000

4811-4823 Northeast Prescott Street, Portland, OR 97218

Multifamily property with varied floor plans, a private garage, and recent building improvements.

Property Size910 SF
Price / SF$1,538
Days on Market177

Property Features for 4811-4823 Northeast Prescott Street

General Information

Standard status Active
Size 910 SF
Total Parking Spaces 13
Property subtype Multi Family
Zoning Multi

Site & Location

Neighborhood Cully Association of Neighbors
Public Transit Yes

Units

Unit Mix 6 x 2BR/1BA, 1 x 3BR/1BA
Multifamily Units 7

Taxes and HOA fees

Annual Taxes $13,143

Amenities

Crawl Space
Composition
Wood Siding

Building Details

Year Built 1975
Listing Agency: Opt
Listed By: Henry Liu · License #201239958
Source: Compass
Added: Apr 30 Changed: Oct 13 Last Checked: Oct 23 at 9:42AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Opt

Rey
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Investment Insights

Based on property information with market context.

This 7-unit apartment property includes six two-bedroom, one-bathroom residences and one three-bedroom, one-bathroom residence. The larger unit includes a private garage. Built in 1975, the property has a crawl space, composition exterior elements, and wood siding.

Capital improvements include a roof installed five years ago and double-pane windows throughout. The property is located at 4811-4823 Northeast Prescott Street in Portland’s Cully neighborhood, with access to parks, dining, shopping, and public transit.

Key Highlights

  • Seven units with six 2‑bedroom residences and one 3‑bedroom residence
  • Private garage associated with the 3‑bedroom, 1‑bathroom unit
  • New roof installed five years ago

Property Analytics

Lease Details

7
Residential units

Location Intelligence

Trade Area within ½ mile

949
Businesses Nearby

Demographics for 97218, OR

14,748
Population
6,440
Households
2.3
Avg Household Size
38
Median Age
51%
College-Educated
91%
High-School Grad
6.7 sq mi
ZIP Area
2,201
Density / Sq Mi
$81,367
Median Household Income
$45,830
Median Earnings
$1,440
Median Rent
$493,300
Median Home Value

Market

Vacancy Rate% for Multifamily in West region

7% 2022
7.8% 2023
8.6% 2024
8.6% 2025

Frequently Asked Questions

What type of property is this?
Apartment building - Multifamily property with varied floor plans, a private garage, and recent building improvements.
Where is this apartment building located?
The property is located at 4811-4823 Northeast Prescott Street 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 units with six 2‑bedroom residences and one 3‑bedroom residence; Private garage associated with the 3‑bedroom, 1‑bathroom unit; New roof installed five years ago
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