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.
Active
Price cut: $25K (10/21)
$850,000
5821 SE Knapp St, Portland, OR 97206
8beds
2,000sqft
Est.:
Multi Family
Built in 1942
-- sqft lot
$-- Zestimate®
$425/sqft
$-- HOA
What's special
Individually fenced backyardsPrivacy and outdoor space
- 114 days |
- 365 |
- 23 |
Zillow last checked: 8 hours ago
Listing updated: October 21, 2025 at 07:41am
Listed by:
Tiffany Laviolette 503-816-5862,
The Alpine Group, Inc.,
Seann Bates 503-475-3017,
The Alpine Group, Inc.
Source: RMLS (OR),MLS#: 728212943
Tour with a local agent
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 8
- Bathrooms: 4
- Full bathrooms: 4
Cooling
- None
Appliances
- Included: Dishwasher, Disposal, Microwave, Refrigerator, Electric Water Heater, Tank Water Heater
- Laundry: Common Area
Features
- Basement: Crawl Space
Interior area
- Total structure area: 2,000
- Total interior livable area: 2,000 sqft
Video & virtual tour
Property
Parking
- Total spaces: 4
- Parking features: Open
- Has uncovered spaces: Yes
Features
- Stories: 1
Lot
- Size: 6,534 Square Feet
- Features: Level, SqFt 5000 to 6999
Details
- Parcel number: R118330
- Zoning: R5
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Materials
- Cedar, Wood Siding
- Roof: Composition
Condition
- Updated/Remodeled
- Year built: 1942
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & HOA
Community
- Features: Laundry
- Subdivision: Brentwood - Darlington
HOA
- Has HOA: No
Location
- Region: Portland
Financial & listing details
- Price per square foot: $425/sqft
- Tax assessed value: $585,790
- Annual tax amount: $7,252
- Date on market: 8/22/2025
- Listing terms: Cash,Conventional
- Total actual rent: 6030
- Road surface type: Gravel, Paved
Estimated market value
Not available
Estimated sales range
Not available
Not available
Price history
Price history
| Date | Event | Price |
|---|---|---|
| 10/21/2025 | Price change | $850,000-2.9%$425/sqft |
Source: | ||
| 8/22/2025 | Listed for sale | $875,000+16.7%$438/sqft |
Source: | ||
| 9/14/2018 | Sold | $750,000-6.1%$375/sqft |
Source: | ||
| 7/20/2018 | Price change | $799,000-3.7%$400/sqft |
Source: Equity Pacific Real Estate LLC #18017075 Report a problem | ||
| 6/16/2018 | Price change | $830,000-2.4%$415/sqft |
Source: Equity Pacific Real Estate LLC #18017075 Report a problem | ||
Public tax history
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $7,523 +3.7% | $279,190 +3% |
| 2024 | $7,252 +4% | $271,060 +3% |
| 2023 | $6,974 +2.2% | $263,170 +3% |
Find assessor info on the county website
BuyAbility℠ payment
Est. payment
$5,075/mo
Principal & interest
$4104
Property taxes
$673
Home insurance
$298
Climate risks
Neighborhood: Brentwood-Darlington
Nearby schools
GreatSchools rating
- 6/10Whitman Elementary SchoolGrades: K-5Distance: 0.8 mi
- 6/10Lane Middle SchoolGrades: 6-8Distance: 0.1 mi
- 6/10Franklin High SchoolGrades: 9-12Distance: 2.3 mi
Schools provided by the listing agent
- Elementary: Whitman
- Middle: Lane
- High: Franklin
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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