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Listed by The Alpine Group, Inc.
$875,000
Est. payment /mo
2,000 SqFt
New
5821 SE KNAPP ST Portland, OR 97206
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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 728212943
Year Built 1942
Annual Tax Amount $7,252
Tax Year 2024
Lot Size 6,534 Sqft
Property Description
Welcome to this turnkey 4-plex, comprised of two duplexes on a single tax lot, located in the desirable BrentwoodDarlington neighborhood of Southeast Portland. Each of the four units features 2 bedrooms and 1 bathroom, along withindividually fenced backyards that offer privacy and outdoor space—highly valued by tenants. The property has beenthoughtfully updated throughout, with improvements that align with modern living standards while minimizing future capitalneeds.This investment offers both immediate cash flow and long-term financial upside. The property is professionallymanaged, ensuring a hassle-free ownership experience and consistent performance. On-site laundry facilities add an extralayer of tenant convenience, supporting retention and maximizing income potential.Ideally situated, the property provideseasy access to schools, parks, shopping, dining, and public transportation—blending the comforts of a residentialneighborhood with the connectivity of city living. Please respect the privacy of current tenants—drive-bys only. Whether you'rea 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
Community Laundry
Area _143
Zoning R5
Rooms
Basement Crawl Space
Interior
Heating Wall Heater
Cooling None
Exterior
Community Features Laundry
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
