7 days on Rocket
$8,894 Closing Credit¹
#183691167, Paris Fettig, Greg Whistler, Listing Office: Premiere Property Group, LLC
$895,000 List price
5821 SE Knapp St Portland, OR 97206
$10,000
Closing credit¹
2,000 sqft
$448 / sqft
House
Property details
About 5821 SE Knapp St
Welcome to this updated 4-plex (2 duplexes on same tax lot), ideally situated in the sought-after Brentwood-Darlington neighborhood. This property boasts four individual 2-bedroom, 1-bathroom units, individually fenced back yards, and each carefully upgraded to meet modern living standards. With a 5.0 Cap rate and a competitive 13.41 gross rent multiplier, this investment opportunity offers both promising returns and a solid financial foundation.Features include: Prime Location: Nestled in the desirable Brentwood-Darlington neighborhood, this property enjoys close proximity to schools, parks, shopping, dining, and public transportation. Tenants will appreciate the convenience of city living with a suburban feel.Professional Management: This investment property is professionally managed, ensuring hassle-free ownership and consistent cash flow. Sit back and watch your investment thrive.On-Site Laundry: Tenant convenience is a priority. With on-site laundry facilities, you'll attract and retain quality tenants who appreciate the added convenience.Strong Financials: With a Cap rate of 4.88 and a gross rent multiplier of 13.88, this property stands as a lucrative investment opportunity with potential for continued appreciation.The property is currently fully leased so please respect the current tenant's privacy.Don't miss out on this exceptional investment opportunity! Whether you're a seasoned investor looking to expand your portfolio or a first-time investor seeking a hassle-free income stream, this 4-plex is a must-see!!!
Highlights
Home typeOther
HeatingWall Furnace
StatusActive
Size2,000 sqft
Year built1942
ParkingOpen
MLS #23166503
Virtual tour
Summary
- MLS Number: 23166503
- MLS Name: Regional Multiple Listing Service, Inc.
- Office Name: The Alpine Group, Inc.
- Office Phone: (503) 641-4620
- Listing Agent: Seann Bates
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 another brokerage firm are marked with the RMLS logo, and detailed information about these properties includes the names of the listing brokers. Listing content is copyright © 2025 Regional Multiple Listing Service, Inc. (RMLS™) Portland, Oregon.
The information on this web site is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. We are not responsible or liable for misinformation, misprints, or typographical errors. All information provided is deemed reliable but is not guaranteed and should be independently verified through personal inspection by and/or with the appropriate professionals. Properties subject to prior sale, change, withdrawal or rental. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 3/13/2025, 9:20:53 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Get an agent. Get a mortgage. Save big.¹
$895,000
5821 SE Knapp St
$10,000
closing credit¹
Sell your home with Rocket and save even more!
Seller rebate
0.5% sale price²
Price information
Property sales
| Date | Event | Price |
|---|---|---|
| Sep 14, 2018 | Home Sold | $750,000 |
| Jul 10, 2017 | Home Sold | $392,500 |
| Dec 28, 2000 | Home Sold | $175,000 |
| Mar 16, 1999 | Home Sold | $139,950 |
| Mar 16, 1999 | Home Sold | $175,000 |
| Nov 10, 1993 | Home Sold | $95,000 |
Tax history
| Year | Assessment | Property Tax |
|---|---|---|
| 2023 | $263,170 | $6,973 |
| 2022 | $255,510 | $6,822 |
| 2021 | $248,070 | $6,822 |
| 2020 | $240,850 | $6,707 |
| 2018 | $179,490 | $4,547 |
| 2017 | $174,270 | $4,359 |
History based on county public records data.
Nearby schools
9
Lewis Elementary School
Public District KG-5
0.8 mi
•4401 SE Evergreen St
3
Whitman Elementary School
Public District EE-5
0.8 mi
•7326 SE Flavel St
7
Woodstock Elementary School
Public District KG-5
0.9 mi
•5601 SE 50th Ave
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $43,555. Most Portland, OR residents have annual incomes between $35k-100k. Typical family type is single, no kids. Typical level of education for residents in this area is high school diploma.
How much money do the neighbors make?
38%
<35k
56%
35k-100k
5%
100k-200k
1%
200k+
What level of education do the neighbors have?
High School Diploma
Post Secondary Degree
Masters Degree
Doctorate
What types of families live nearby?
51%
Single, No Kids
13%
Single, with Kids
18%
Married, No Kids
18%
Married, with Kids
Are the neighbors home owners or renters?
Home Owners
Renters
How old are people in this area?
14%
<11 yrs old
8%
12-17 yrs old
29%
18-34 yrs old
40%
35-64 yrs old
9%
65+ yrs old
What do the neighbors do for fun?
Pro Boxing
Tennis
Major League Soccer (MLS)
Where do the neighbors shop?
IKEA
Crate & Barrel
Banana Republic
Where do the neighbors go to eat?
Quiznos
Starbucks
Jack In The Box
What do the neighbors drive?
Lexus
BMW
Toyota
What do the neighbors listen to?
Soft Adult Contemporary
News
Jazz
All data provided by Home Junction and Claritas
Similar homes for sale
3D tour
$8,027 Closing Credit¹
#24474591, Augustin Peter, Listing Office: John L. Scott Portland Metro
19 hours on Rocket3D tour
$8,313 Closing Credit¹
#245465992, William Grzebyk, Listing Office: Redfin
$7,719 Closing Credit¹
#142781966, Jennifer Chau, Listing Office: Portland Digs
$6,234 Closing Credit¹
#542903884, David Ferguson, Listing Office: Keller Williams Realty Portland Elite
6 days on Rocket
$8,786 Closing Credit¹
#540764208, Sharon Alexander, Listing Office: RE/MAX Advantage Group
8 hours on Rocket3D tour
$5,676 Closing Credit¹
#584058020, Aaron Rader, Listing Office: Redfin
$5,831 Closing Credit¹
#410412941, Michelle Holmes, Sharon Parmenter, Listing Office: Opendoor Brokerage LLC
$5,699 Closing Credit¹
#358148711, D.J. Fry, Listing Office: Realty One Group Prestige
2 days on Rocket
$5,641 Closing Credit¹
#434588517, Shelley Fitch, Listing Office: Iron Gate Realty Group
Frequently asked questions
About 5821 SE Knapp St
This home is located at 5821 SE Knapp St in Portland, OR and zip code 97206 in the Southeast Portland neighborhood. This 2,000 square foot home was built in 1942. Features: 0 bathroom. It has been listed on Rocket Homes since September 26, 2023 and is currently priced at $895,000.
While more than 211 listings in Portland, OR in February 2025 were sold above asking price, there were more than 155 listings sold at asking price, and more than 232 were sold below. The number of listings in Portland, OR increased by 5.5% between January and February 2025. In February 2025 median list price was $546,710 and the average listing age was 66 days.
From Rocket Homes Real Estate and based on county public records data.