5821 Se KNAPP St, Portland, OR 97206

• 2,000 sqft

Property Description

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 growing location. Unit #4 is currently vacant, making this an ideal candidate for owner-occupied financing. Projected income shows a 5.78% cap rate for 2026, assuming 100% occupancy. Ask about available lender incentives!

Listing Status:

Active

Date Added:

March 19, 2026

Data Last Updated:

June 11, 2026 at 5:41AM

Listing Office:

Keller Williams PDX Central : 503-548-4848

Listing Agent:

Alexander Johnson : 503-333-9626

MLS ID:

262127970

Interior

• A/C: None
• Heating: Wall heater

Exterior

• General: CedarShake siding
• Parking: Off streetParking spaces: 4

Construction

• Roofing: Shingle

Location

• Road/Access: Paved
• Golf: Laundry
• Originating MLS: Regional Multiple Listing ServiceInc.
• County: Multnomah

Lot

• Zoning: R5BONITA PKBLOCK 3E 65' OF LOT 6R118330

Utilities

• Water: Public water
• Sewer: Public sewer

Financial

• Source: Regional Multiple Listing ServiceInc.