31
See all 30 photos
Listed by The Alpine Group, Inc.
$875,000
Est. payment /mo
2,000 SqFt
Price Dropped by $20K
5821 SE KNAPP ST Portland, OR 97206
REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.
In-PersonVirtual Tour
UPDATED:
Key Details
Property Type Multi-Family
Listing Status Active
Purchase Type For Sale
Square Footage 2,000 sqft
Price per Sqft $437
Subdivision Brentwood - Darlington
MLS Listing ID 23166503
Year Built 1942
Annual Tax Amount $7,252
Tax Year 2024
Property Description
Welcome to this turnkey 4-plex, comprised of two duplexes on a single tax lot, located in the desirable Brentwood Darlington neighborhood of Southeast Portland. Each of the four units features 2 bedrooms and 1 bathroom, along with individually fenced backyards that offer privacy and outdoor space—highly valued by tenants. The property has been thoughtfully updated throughout, with improvements that align with modern living standards while minimizing future capital needs.This investment offers both immediate cash flow and long-term financial upside. The property is professionally managed, ensuring a hassle-free ownership experience and consistent performance. On-site laundry facilities add an extra layer of tenant convenience, supporting retention and maximizing income potential.Ideally situated, the property provides easy access to schools, parks, shopping, dining, and public transportation—blending the comforts of a residential neighborhood with the connectivity of city living. Please respect the privacy of current tenants—drive-bys only. Whether you're a 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.
Location
State OR
County Multnomah
Area _143
Zoning R5
Rooms
Basement Crawl Space
Interior
Heating Wall Heater
Cooling None
Exterior
Roof Type Composition
Garage No
Building
Lot Description Level
Story 1
Sewer Public Sewer
Water Public Water
Level or Stories 1
Schools
Elementary Schools Whitman
Middle Schools Lane
High Schools Franklin
Others
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Virtual Tour https://my.matterport.com/show/?m=cbBjDQ2DzhM&mls=1
