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  • Price cut: $25K (10/21)
    $850,000

    5821 SE Knapp St, Portland, OR 97206

    8beds
    2,000sqft
    : 
    Multi Family
    Built in 1942
    -- sqft lot
    $-- Zestimate®
    $425/sqft
    $-- HOA

    What's special

    Individually fenced backyardsPrivacy and outdoor space
    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.
    114 days
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    365
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    23
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    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#: 728212943MLS Logo

    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
    Get pre-qualifiedBe ready to make an offer.
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    Estimated market value

    Not available

    Estimated sales range

    Not available

    Not available

    Price history

    Price history
    DateEventPrice
    10/21/2025Price change$850,000-2.9%$425/sqft
    Source: RMLS (OR) #728212943 Report a problem
    8/22/2025Listed for sale$875,000+16.7%$438/sqft
    Source: RMLS (OR) #728212943 Report a problem
    9/14/2018Sold$750,000-6.1%$375/sqft
    Source: RMLS (OR) #18017075 Report a problem
    7/20/2018Price change$799,000-3.7%$400/sqft
    Source: Equity Pacific Real Estate LLC #18017075 Report a problem
    6/16/2018Price change$830,000-2.4%$415/sqft
    Source: Equity Pacific Real Estate LLC #18017075 Report a problem

    Public tax history

    Public tax history
    YearProperty taxesTax 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
      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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