4381 NE Prescott St, Portland, OR 97218
FOR SALE0.31 ACRES

4381 NE Prescott St
Portland, OR 97218

Cully
  • Studio
  • Studio

$1,700,000

Est. Mortgage $10,437/mo*

Local Information

map showing home location
© Google
-- mins to
Commute Destination

Description

Developer opportunity to purchase a fully entitled shovel-ready multi-family development site located in NE Portland. Permitted plans include 2 three-story wood frame apartment buildings with a total of 31 units. All of the units have exterior walk-up entries.Level 0.31 acre "L"-shaped lot. Zoning RM1. Lot dimensions: 50' at front, 100' at rear, 185' deep. Access and frontage on NE Prescott Street.Investment Highlights:Approved plans, ready to develop immediately.Wood frame design - limit construction costs without steel or concrete.Ideal inner NE Portland location for rental units.

Home Highlights

Parking
No Info
Outdoor
No Info
A/C
Contact Manager
HOA
None
Price/Sqft
No Info
Listed
180+ days ago
Last check for updates: about 14 hours ago
Listing courtesy of Daniel Silvey
Knipe Realty ERA Powered
Source: RMLS (OR), MLS#23465308

Home Details for 4381 NE Prescott St

Active Status

MLS Status: Active

Interior Features

Appliances & Utilities
Utilities: Cable Available, Electricity Available, Natural Gas Available, Phone Available, Water Available
Heating & Cooling
No CoolingNo Heating
View
No View

Exterior Features

Parking & Garage
No Attached Garage
Frontage
Road Frontage: Public RoadRoad Surface Type: PavedNot on Waterfront

Days on Market

Days on Market: 180+

Property Information

Property Type / Style
Property Type: LandProperty Subtype: Unimproved Land, Multi Family
Building
Not Attached Property
Property Information
Parcel Number: R707258

Price & Status

Price
List Price: $1,700,000

Location

Direction & Address
City: Portland
School Information
Elementary School: VernonJr High / Middle School: VernonHigh School: Jefferson

Agent Information

Listing Agent
Listing ID: 23465308

HOA

No HOA

Lot Information

Lot Area: 0.31 acres

Offer

Listing Terms: Call Listing Agent, Cash, Conventional

Compensation

Buyer Agency Commission: 2.5Buyer Agency Commission Type: %
Notes
The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed

Miscellaneous

Mls Number: 23465308Attribution Contact: info@kniperealty.com

Price History for 4381 NE Prescott St

DatePriceEventSource
05/02/2023$1,700,000Listed For SaleRMLS (OR) #23465308

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Property Taxes and Assessment

Year2023
Tax$3,871
Assessment$306,250
Home facts updated by county records

Comparable Sales for 4381 NE Prescott St

Address
Distance
Property Type
Sold Price
Sold Date
Bed
Bath
Sqft
0.61
Multi-Family Home
$705,000
06/27/23
4
2
3,276
0.62
Multi-Family Home
$760,000
08/21/23
5
4
1,617
0.66
Multi-Family Home
$827,500
06/22/23
8
4
3,328
0.69
Multi-Family Home
$1,395,800
08/10/23
6
8
3,340
1.20
Multi-Family Home
$1,225,000
04/10/24
7
4
4,002
0.94
Multi-Family Home
$875,000
11/02/23
18
6
5,700
0.95
Multi-Family Home
$780,000
08/31/23
4
3
1,884
0.98
Multi-Family Home
$775,000
08/16/23
3
1
4,405

Neighborhood Overview

See Local Highlights
Neighborhood stats provided by third party data sources.

What Locals Say about Cully

  • Perla Avila Guzman
    "Not sure, I don’t own a dog but I do see dog owners sometimes not having leashes and it bothers me with letting my kids run around and them being free. "
    0
    Flag
  • Perla Avila Guzman
    "I Haven’t had any issues with people who live on the streets and it’s very safe for my kids. The parks are well maintained and it looks very peaceful"
    0
    Flag
  • Trulia User
    "the people are friendly and the restraints are all good and the church is great for food and resourses"
    0
    Flag
  • Grace C.
    "Driving Wise, it takes around 20 minutes tops to get most anywhere in East Portland, Downtown Portland, or South Vancouver (outside of rush hour traffic at least). Alternatively, there are many bus routes going in each direction as well, starting from the early hours of the morning to late at night (after 12am). I commuted by bus for 3 years from this neighborhood, and I have always been really pleased with the variety of the routes and the frequency of their pick-ups."
    2
    Flag
  • Grace C.
    "I live on the east side of Cully, on 42nd Avenue. It is very easy to catch buses going in each direction, and the Hollywood Max Station is only 10 minutes away. "
    1
    Flag
  • Ayla H.
    "I see people walking their dogs all the time. Well behaved, on leash. They know how to keep their space & I have never had an issue. "
    0
    Flag
  • Nickole G.
    "It’s nice but a lot of homeless activity and garbage on side streets. Also never leave your car unlocked and check your mail daily "
    5
    Flag
  • Spicensugar40
    "Dogs and owners walk all day/night and are friendly. Nice sense of community. There are some transient/homeless that go through trashes and used to have a mail problem with theft. "
    0
    Flag
  • Lisa
    "I've been living in this area for over 20 years I've raised my daughter and my grandchildren I love the area everyone's very friendly everyone gets along we look out for each other"
    7
    Flag
  • Kaig
    "It’s a great place for diversity of people! We haven’t lived here long but really love it. It seems to be the last neighborhood in portland that isn’t over run with condos. "
    9
    Flag
  • Nategras
    "Huge pine, Friendly working people, Neighbors chatting, Bees, Farms. Moved here 6 years ago, Will stay another 6 at least. Lots of businesses giving it a go and a short walk to see than all"
    6
    Flag
  • Blair K.
    "Great and growing neighborhood. Love the diversity and friendliness. Wish people would take a little more pride in their surroundings at time. "
    5
    Flag
  • Mindy Z.
    "It has an interesting mix of demographics. There are both rich and poor within a short walk in any direction."
    6
    Flag

LGBTQ Local Legal Protections

Daniel Silvey, Knipe Realty ERA Powered
The content relating to real estate for sale on this web site comes in part from the IDX program of the RMLS™ of Portland, Oregon. Real estate listings held by brokerage firms other than Zillow, Inc. are marked with the RMLS™ logo, and detailed information about these properties includes the names of the listing brokers. Listing content is copyright © 2024 RMLS™, Portland, Oregon. This content last updated on 2024-04-02 07:40:16 PDT. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available. All information provided is deemed reliable but is not guaranteed and should be independently verified.
The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed.
4381 NE Prescott St, Portland, OR 97218 is a studio multi-family. 4381 NE Prescott St is located in Cully, Portland. This property is currently available for sale and was listed by RMLS (OR) on May 3, 2023. The MLS # for this home is MLS# 23465308.