5821 SE KNAPP ST Portland, OR $ 850,000
5821 SE KNAPP ST
$ 850,000
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5821 SE KNAPP ST

Portland, OR, 97206
$ 850,000
Bedrooms8 Baths4.0 Sq 2,000

Monthly Estimate*

$ 5,303

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Multi-Family Home for sale in Portland, OR

for $850,000 with 8 bedrooms and 4 full baths. This 2,000 square foot home was built in 1942 on a lot size of 0.15.

Welcome to this turnkey 4-plex, comprised of two duplexes on a single tax lot, located in the desirable BrentwoodDarlington neighborhood of Southeast Portland. Each of the four units features 2 bedrooms and 1 bathroom, along withindividually fenced backyards that offer privacy and outdoor space—highly valued by tenants. The property has beenthoughtfully updated throughout, with improvements that align with modern living standards while minimizing future capitalneeds.This investment offers both immediate cash flow and long-term financial upside. The property is professionallymanaged, ensuring a hassle-free ownership experience and consistent performance. On-site laundry facilities add an extralayer of tenant convenience, supporting retention and maximizing income potential.Ideally situated, the property provideseasy access to schools, parks, shopping, dining, and public transportation—blending the comforts of a residentialneighborhood with the connectivity of city living. Please respect the privacy of current tenants—drive-bys only. Whether you’rea seasoned investor seeking to expand your portfolio or a first-time buyer looking for a low-maintenance income property,this 4-plex is a rare opportunity not to be missed.

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Multi-Family Active

Price

$ 850,000

Bedrooms

8

Full Bath

4

Property Type

Multi-Family

Taxes

$ 7,252

Style

Lot Size

0.15

Year Built

1942

Town/City

Portland

County/Region

Multnomah

MLS | Web ID

728212943

Features
General
Sewer PublicSewer
Heating WallHeater
Cooling None
Roof Composition
Zoning R5
Garage Spaces 0
Year Built 1942
Stories Count 1
Tax Year 2024
Parcel Number R118330
Gross Income 62636.0
Community Features Laundry
County Multnomah
Net Operating Income 28553.0
Operating Expense 30310.0
Property Type MultiFamily
HOA N
Subdivision Name BRENTWOOD - DARLINGTON
Rent Includes Sewer TrashCollection Water
Status Active
Directions SE 52nd. East on SE Knapp
High School Franklin
City Portland
Number Of Units Total 4
MLS Area _143
Lot Size Square Feet 6534.0
Listing Terms Cash Conventional
Elementary School Whitman
Tax Annual Amount 7252.32
Middle/Junior High School Lane
Property Condition UpdatedRemodeled
Virtual Tour https://my.matterport.com/show/?m=cbBjDQ2DzhM&mls=1
Standard Status Active
Accessory Dwelling Unit Y/N N
Legal Description BONITA PK BLOCK 3 E 65' OF LOT 6
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Interior
Basement CrawlSpace
Storage None
Hot Water Electricity Tank
Unit 1 Baths Total 1
Unit 1 Beds Total 2
Unit 2 Baths Total 1
Unit 2 Beds Total 2
Unit 3 Baths Total 1
Unit 3 Beds Total 2
Unit 4 Baths Total 1
Unit 4 Beds Total 2
Unit Type UnitTypeType1 UnitTypeType2 UnitTypeType3 UnitTypeType4
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Exterior
Parking Features Open
Lot Features Level
Water Source PublicWater
Total Parking 4.0
Exterior Description Cedar WoodSiding
Building Area Total 2000.0
Lot Size Acres 0.15
Road Surface Type Gravel Paved
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Internal Only
Street Number 1 5821
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* Excluded Features
List By
The Alpine Group, Inc.

Broker

tiffany@alpinepdx.com

Email

Affordability Calculator

$5,907
Per Month
90%
10%
0%
Monthly Principal & Interest
$5,303
Monthly Property Taxes
$604
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
4303180 Elementary School
1950444 Middle School
Franklin High School High School
Pricing History
DatePricePrice ChangeDescription
10/21/2025$850,000 -2.86% Price Down
8/22/2025$875,000 Listed Price

Map


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5821 SE KNAPP ST, Portland, OR, 97206 is a Multi-Family Home for sale at $850,000 with 2,000 sqft and a lot size of 0.15. 5821 SE KNAPP ST has 8 bedrooms, 4.0 baths, and was built in 1942. The property's zip code is 97206 which is in Portland, OR