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Listing provided courtesy of Epique Realty- MLS# 459095719MLS ProviderContact Information: 503-307-0769

5845 NE PRESCOTT STPortland, OR 97218

Multi-Family · 2,700 Sq. ft. | 0.22 Acres
$999,000 Pending

5845 NE PRESCOTT ST Overview

Time on Site:
110 days
Visits:
0

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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5845 NE PRESCOTT ST Facts & Features

  • Type Multi-Family
  • Sq. ft. 2,700
  • Price/Sq.ft. $370
  • Lot 0.22 Acres

Details

General

School Information

  • Elementary School: Rigler
  • Middle Or Junior School: Beaumont
  • High School: Leodis McDaniel

Income/Expenses

  • Gross Income: 42000.0
  • Net Operating Income: 32000.0
  • Operating Expense: 10000.0

Building Information

  • Year Built: 1938

Location/Region

  • Country: US
  • County Or Parish: Multnomah
  • MLS Area Major: 142 - Portland Northeast
  • Subdivision Name: Cully

Rent/Lease Information

  • Rent Includes: Sewer,Trash Collection

Tax Information

  • Tax Annual Amount: 6091.96

General Information

  • Listing Terms: Call Listing Agent,Cash,Contract,Other
  • Parcel Number: R115610
  • Property Condition: Updated/Remodeled
  • Property Type: Multi Family
  • Zoning: R7H

Interior

Parking Information

  • Garage Spaces: 0

Building Interior

  • Building Area Total: 2700.0

General Information

  • Basement: Unfinished
  • Cooling: Air Conditioning Ready,Window Unit(s)
  • Foundation Details: Concrete Perimeter
  • Heating: Gravity,Other
  • Stories: 2

Exterior

Parking Information

  • Parking Features: Driveway,Off Street
  • Parking Total: 4.0

Lot Information

  • Lot Features: Level,On Busline,Public Road,Trees
  • Lot Size Acres: 0.22
  • Lot Size Square Feet: 9583.0
  • Road Surface Type: Paved
  • Water Source: Public Water

Building Exterior/Construction

  • Roof: Composition,Shingle

General Information

  • Number Of Units Total: 2
  • Sewer: Public Sewer

5845 NE PRESCOTT ST Neighborhood

Community

97218 (PORTLAND) Demographics

36
Median Age
2,073
Population Density (per sq. mile)
49%
College Educated
$67,436
Estimated Median Income
3,184
Estimated Total Home Owners
2,316
Estimated Total Renters
58% / 42%
Estimated Owner / Renter Divide
3
Estimated Average Household Size
Community data courtesy of LiveBy, Inc.

Schools

School data courtesy of LiveBy, Inc. School ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating.

5845 NE PRESCOTT ST Monthly Cost

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* All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

5845 NE PRESCOTT ST Market Data

Based on the last 30 days in this zip code

$431,984
Average List Price
$311
Average Price per Square Foot
13
Properties Sold
105
Average Days on Market
44
Properties for Sale
Calculations provided by Reliance Network

5845 NE PRESCOTT ST History

Date Event Value Agent
3/17/2026Source: Regional MLS Status Change
Pending
3/11/2026Source: Regional MLS Added to Database
March 11, 2026