5845 NE PRESCOTT ST Portland, OR $ 999,000
5845 NE PRESCOTT ST
$ 999,000
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5845 NE PRESCOTT ST

Portland, OR, 97218
$ 999,000
Bedrooms3 Baths3.0 Sq 2,700

Monthly Estimate*

$ 6,151

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Multi-Family Home for sale in Portland, OR

for $999,000 with 3 bedrooms and 3 full baths. This 2,700 square foot home was built in 1938 on a lot size of 0.22.

Remodeled NE Portland duplex with strong income potential and future upside. This turnkey property features two updated units and offers an excellent opportunity for investors or owner-occupants alike. Well-positioned on a lot with potential for additional development, this property combines immediate usability with long-term value. Buyer to perform due diligence regarding all development possibilities.

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Multi-Family Active

Price

$ 999,000

Bedrooms

3

Full Bath

3

Property Type

Multi-Family

Taxes

$ 6,091

Style

Lot Size

0.22

Year Built

1938

Town/City

Portland

County/Region

Multnomah

MLS | Web ID

459095719

Features
General
Sewer PublicSewer
Heating Gravity Other
Cooling AirConditioningReady WindowUnit
Roof Composition Shingle
Zoning R7H
Garage Spaces 0
Year Built 1938
Stories Count 2
Parcel Number R115610
Gross Income 42000.0
County Multnomah
Net Operating Income 32000.0
Operating Expense 10000.0
Property Type MultiFamily
HOA N
Subdivision Name Cully
Rent Includes Sewer TrashCollection
Status Active
Directions NE 58th Ave / NE Prescott St
High School Leodis McDaniel
City Portland
Number Of Units Total 2
MLS Area _142
Lot Size Square Feet 9583.0
Listing Terms CallListingAgent Cash Contract Other
Elementary School Rigler
Tax Annual Amount 6091.96
Middle/Junior High School Beaumont
Property Condition UpdatedRemodeled
Standard Status Active
Accessory Dwelling Unit Y/N N
Legal Description BERRY AC BLOCK 1 W 1/2 OF LOT 13
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Interior
Basement Unfinished
Hot Water Electricity Gas
Unit 1 Baths Total 2
Unit 1 Beds Total 2
Unit 2 Baths Total 1
Unit 2 Beds Total 1
Unit Type UnitTypeType1 UnitTypeType2
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Exterior
Parking Features Driveway OffStreet
Lot Features Level OnBusline PublicRoad Trees
Water Source PublicWater
Total Parking 4.0
Exterior Description WoodComposite WoodSiding
Foundation Details ConcretePerimeter
Building Area Total 2700.0
Lot Size Acres 0.22
Road Surface Type Paved
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Internal Only
Street Number 1 5845
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* Excluded Features
List By
Epique Realty

Broker

503-307-0769

Contact

Affordability Calculator

$6,659
Per Month
92%
8%
0%
Monthly Principal & Interest
$6,151
Monthly Property Taxes
$508
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.25% 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
3269614 Elementary School
3269609 Middle School
Leodis McDaniel High School High School
Pricing History
DatePricePrice ChangeDescription
3/11/2026$999,000 Listed Price

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5845 NE PRESCOTT ST, Portland, OR, 97218 is a Multi-Family Home for sale at $999,000 with 2,700 sqft and a lot size of 0.22. 5845 NE PRESCOTT ST has 3 bedrooms, 3.0 baths, and was built in 1938. The property's zip code is 97218 which is in Portland, OR