5821 SE KNAPP ST Portland, OR $ 799,999
5821 SE KNAPP ST
$ 799,999
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5821 SE KNAPP ST

Portland, OR, 97206
$ 799,999
Bedrooms2 Baths1.0 Sq 2,000

Monthly Estimate*

$ 4,926

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Multi-Family Home for sale in Portland, OR

for $799,999 with 2 bedrooms and 1 full bath. This 2,000 square foot home was built in 1942 on a lot size of 0.15.

This 4-plex offers an amazing opportunity for both seasoned investors and buyers looking to live in one unit and rent out the others. Let this property pay your mortgage while your net worth grows! All units feature updates throughout, including quartz countertops, LVP flooring, and stainless steel appliances. Each unit also features its own private fenced backyard.Parking is a breeze with multiple off-street parking spaces. The single-level layout makes this a simple property when it comes to maintenance. Brentwood Park and Brentwood Community Garden are right around the corner, adding to this desirable location. Unit #4 will be vacant as of 4/30/26, making this an ideal candidate for owner-occupied financing. Projected income shows a 5.78% cap rate for 2026, assuming 100% occupancy.

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Multi-Family Active

Price

$ 799,999

Bedrooms

2

Full Bath

1

Property Type

Multi-Family

Taxes

$ 7,522

Style

Lot Size

0.15

Year Built

1942

Town/City

Portland

County/Region

Multnomah

MLS | Web ID

262127970

Features
General
Sewer PublicSewer
Heating WallHeater
Cooling None
Roof Shingle
Zoning R5
Garage Spaces 0
Year Built 1942
Stories Count 1
Tax Year 2025
Parcel Number R118330
Gross Income 63395.0
Community Features Laundry
County Multnomah
Net Operating Income 25584.0
Operating Expense 34038.0
Property Type MultiFamily
HOA N
Subdivision Name BRENTWOOD - DARLINGTON
Rent Includes Sewer TrashCollection Water
Status Active
Directions Flavel to 60th left on Knapp
High School Franklin
City Portland
Disclosures Disclosure
Number Of Units Total 4
MLS Area _143
Lot Size Square Feet 6534.0
Listing Terms Cash Conventional
Elementary School Whitman
Tax Annual Amount 7522.72
Middle/Junior High School Lane
Property Condition UpdatedRemodeled
Standard Status Active
Accessory Dwelling Unit Y/N N
Legal Description BONITA PK BLOCK 3 E 65' OF LOT 6
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Exterior
Parking Features OffStreet
Lot Features Level PublicRoad
Water Source PublicWater
Total Parking 4.0
Exterior Description Cedar ShakeSiding
Building Area Total 2000.0
Lot Size Acres 0.15
Road Surface Type Paved
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Interior
Hot Water Electricity Tank
Unit 1 Baths Total 1
Unit 1 Beds Total 2
Unit Type UnitTypeType1
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Internal Only
Street Number 1 5821
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* Excluded Features
List By
Keller Williams Pdx Central

Broker

alex.johnson@kw.com

Email

Affordability Calculator

$5,553
Per Month
89%
11%
0%
Monthly Principal & Interest
$4,926
Monthly Property Taxes
$627
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
4303180 Elementary School
1950444 Middle School
Franklin High School High School
Pricing History
DatePricePrice ChangeDescription
3/19/2026$799,999 Listed Price

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5821 SE KNAPP ST, Portland, OR, 97206 is a Multi-Family Home for sale at $799,999 with 2,000 sqft and a lot size of 0.15. 5821 SE KNAPP ST has 2 bedrooms, 1.0 baths, and was built in 1942. The property's zip code is 97206 which is in Portland, OR