Pending

$999,000

5845 NE Prescott St, Portland, OR 97218

3beds

2,700sqft

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Multi Family

Built in 1938

-- sqft lot

$-- Zestimate^®

$370/sqft

$-- HOA

What's special

Two updated units

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.

24 days

28

3

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 3
Bathrooms: 3
Full bathrooms: 3

Heating

Gravity, Other

Cooling

Air Conditioning Ready, Window Unit(s), Air Conditioning

Appliances

Included: Dishwasher, Microwave, Electric Water Heater, Gas Water Heater

Features

Flooring: Hardwood
Basement: Unfinished

Interior area

Total structure area: 2,700
Total interior livable area: 2,700 sqft

Property

Parking

Total spaces: 4
Parking features: Driveway, Off Street
Has uncovered spaces: Yes

Features

Stories: 2
Has view: Yes
View description: Territorial, Trees/Woods

Lot

Size: 9,583 Square Feet
Features: Level, On Busline, Trees, SqFt 7000 to 9999

Details

Parcel number: R115610
Zoning: R7H

Construction

Type & style

Home type: MultiFamily
Property subtype: Multi Family

Materials

Wood Composite, Wood Siding
Foundation: Concrete Perimeter
Roof: Composition,Shingle

Condition

Updated/Remodeled
Year built: 1938

Utilities & green energy

Gas: Gas
Sewer: Public Sewer
Water: Public

Community & HOA

Community

Subdivision: Cully

HOA

Has HOA: No

Location

Region: Portland

Financial & listing details

Price per square foot: $370/sqft
Tax assessed value: $480,150
Annual tax amount: $6,091
Date on market: 3/10/2026
Cumulative days on market: 24 days
Listing terms: Call Listing Agent,Cash,Contract,Other
Total actual rent: 3500
Road surface type: Paved

Estimated market value

Not available

Estimated sales range

Not available

Price history

Date	Event	Price
3/17/2026	Pending sale	$999,000$370/sqft
Source: RMLS (OR) #459095719 Report a problem
3/11/2026	Listed for sale	$999,000$370/sqft
Source: RMLS (OR) #459095719 Report a problem

Public tax history

Year	Property taxes	Tax assessment
2017	$447 -89.1%	$178,510 +3%
2016	$4,086	$173,320 +3%
2015	$4,086	$168,280

Find assessor info on the county website

Monthly payment

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All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.

HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.

Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.

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