1 year on rocket

5821 SE Knapp St, Portland, OR, 97206

$895,000

Home List Price

$10,000*

Closing Credit

0 Baths
2,000 SqFt
$448/SqFt
House

Location

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5821 SE Knapp St, Portland$895,000

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Contact Us Phone Number1 (855) 200-2001

Property Highlights

Home TypeOther
ParkingOpen
Year Built1942
HeatingWall Furnace
MLS #23166503
StatusActive

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!!!

Property Details

Property Features

Property Information:

  • Year Built: 1942
  • Stories: 1
  • Living Area: 2,000 SqFt

Listing Office:

  • Office Name: The Alpine Group, Inc.
  • Office Phone: (503) 641-4620
  • Listing Agent: Seann Bates

Interior Features

Interior Information:

  • Basement: No

Exterior Features

Parking Information:

  • Attached Garage: No
  • Parking: Open

Virtual/3D Tour

  • 3D Tour: 5821 SE Knapp St
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Lot Features

Lot Information:

  • Lot: Level

Utilities

Utilities Information:

  • Heating: Wall Furnace

Other

Directions Information:

  • Directions: SE 52nd. East on SE Knapp.

Price Information

Listing Price Info

Price Summary:

  • List Price: $895,000
  • Price Per SqFt: $448/SqFt

Tax Information:

  • Annual Amount: $6,153
  • Tax Year: 2020
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Housing Market Comparison

See how this home compares to others in Portland, OR.

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Portland, OR

City

Med. Sold Price

$542.3K

Med. Price/SqFt

$316

Avg. Days On Market

54

# of Sold Homes

739

5821 SE Knapp St vs Portland

453 DAYS ON ROCKET

+399 Days

$895,000

+$352.6K More

$448/SqFt

+$132 More

KEY TAKEAWAY

This property is $352.6K more than the Median Sold Price and $132/SqFt more than other homes in Portland, OR.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: Regional Multiple Listing Service, Inc.
  • MLS Number: #23166503

Listing Office:

  • Office Name: The Alpine Group, Inc.
  • Office Phone: (503) 641-4620
  • Listing Agent: Seann Bates

IDXThe 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 © 2024 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: 12/22/2024, 2:21:01 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Sep 14, 2018Home Sold
$750,000
Dec 28, 2000Home Sold
$175,000
Mar 16, 1999Home Sold
$175,000
Mar 16, 1999Home Sold
$139,950
Nov 10, 1993Home Sold
$95,000

Tax History

YEARPROP. TAXASSESSMENT
2020$6,153$240,850
2018$4,547$179,490
2017$4,359$174,270

History based on county public records data.

Payment Calculator

$4,534

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$2,750

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-991497
9
/10

  • Lewis Elementary School

  • 4401 SE Evergreen St

  • 0.76 miles

  • Public District Grades KG-5

school-card-donut-991498
3
/10

  • Whitman Elementary School

  • 7326 SE Flavel St

  • 0.78 miles

  • Public District Grades EE-5

school-card-donut-991499
7
/10

  • Woodstock Elementary School

  • 5601 SE 50th Ave

  • 0.93 miles

  • Public District Grades KG-5

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $43,555. The most common annual income of people living in Portland, OR is between $35k-100k. The most common type of family is single, no kids. The most common level of education of people living in this area is high school diploma.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 5821 SE Knapp St

What is the listing price of this property?

The listing price of 5821 SE Knapp St property is $895,000.

What type of property is this?

The property 5821 SE Knapp St is a house located in Portland, Oregon, 97206.

Is this property for sale now?

Active Listing: 5821 SE Knapp St is For Sale (Active/New) which means the seller is accepting offers.

What is the annual property tax for this property?

According to the records, the last property tax for 2020 is $6,153 (source: MLS/based on county public records data).

When was this property sold last time and for how much?

The last sale was on September 14, 2018 for $750,000. (source: MLS/tax record).

What is the square footage of this property?

The property 5821 SE Knapp St is 2,000 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 5821 SE Knapp St is 1942.

Rocket Homes›Oregon›Multnomah County›Portland›97206›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. It has been listed on Rocket Homes since September 26, 2023 and is currently priced at $895,000.

In November 2024 more than 253 listings in Portland, OR were sold above the asking price. During the same period more than 166 listings were sold at asking price, while more than 320 were sold below. The number of homes for sale in Portland, OR decreased by 11.9% between October 2024 and November 2024. The median list price of listings available in November 2024 was $542,392, while the average time on the real estate market was 54 days.

From Rocket Homes Real Estate and based on county public records data.

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