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.
Pending
$999,000
5845 NE Prescott St, Portland, OR 97218
3beds
2,700sqft
Multi Family
Built in 1938
-- sqft lot
$-- Zestimate®
$370/sqft
$-- HOA
What's special
- 86 days
- 10
- 0
Zillow last checked:
Listing updated:
Listed by:
Paul Campbell 503-307-0769,
Epique Realty
Source: RMLS (OR),MLS#: 459095719
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: $601,490
- Annual tax amount: $6,091
- Date on market: 3/10/2026
- Cumulative days on market: 87 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
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+166.4%$370/sqft |
Source: RMLS (OR) #459095719 Report a problem | ||
| 10/23/2025 | Sold | $375,000$139/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $6,092 +3.7% | $226,090 +3% |
| 2024 | $5,873 +4% | $219,510 +3% |
| 2023 | $5,647 +2.2% | $213,120 +3% |
| 2022 | $5,525 +1.7% | $206,920 +3% |
| 2021 | $5,432 +9% | $200,900 +3% |
| 2020 | $4,983 +3.8% | $195,050 +3% |
| 2019 | $4,800 | $189,370 +3% |
| 2018 | $4,800 +3% | $183,860 +3% |
| 2017 | $4,659 | $178,510 |
Find assessor info on the county website
Monthly payment
Est. payment
Payment breakdown
Explore the cost of this home by adjusting the details. Changes won't be saved.Climate risks
Neighborhood: Cully
Nearby schools
Schools provided by the listing agent
- Elementary: Rigler
- Middle: Beaumont
- High: Leodis Mcdaniel
Source: RMLS (OR). This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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