UPCOMING EVENT:  1031 Exchange Class on Apr 1, 2026

5821 SE KNAPP ST Portland, OR 97206
Price:
$799,999
Units:
4
Acres:
0.15
Unit 1:
2 Bed 1.0 Bath $1,455/mo
Features: Dishwasher, Disposal, Hardwood Floors, Refrigerator
Unit 2:
2 Bed 1.0 Bath $1,455/mo
Features: Dishwasher, Disposal, Hardwood Floors, Refrigerator
Unit 3:
2 Bed 1.0 Bath $1,455/mo
Features: Dishwasher, Disposal, Hardwood Floors, Refrigerator
Unit 4:
2 Bed 1.0 Bath $1,455/mo
Features: Dishwasher, Disposal, Hardwood Floors, Refrigerator
MLS#:
262127970
Lot Size:
5,000 to 6,999 SqFt
Type:
Multi
Zone:
R5
Yr Built:
1942
Taxe/yr:
$7,522.72
County:
Multnomah
Status:
Active
Levels:
1
Heat:
WallHeater
Nhood/Bldg:
BRENTWOOD - DARLINGTON
Elem:
Whitman
Middle:
Lane
High:
Franklin
Lot Desc:
Level, Public Road
Area:
Portland Southeast
Courtesy of:
Keller Williams PDX Central
Remarks:
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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