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$642,000
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Property Description
Super-sweet spot in Cully, 2 distinct homes plus an oversized garage/workshop on a large lot! Always wanted your own compound? Well, here's your chance. Potential to add another dwelling unit per the City of Portland's Residental Infill Project. Primary Residence/Unit #A is a roomy 4 bedroom, 2 bath plus a fully finished basement with exterior entrance. It's updated where it counts, new electrical service, panel, water line, water heater, newer roof, furnace, and modern kitchen. The home maintains it's 1930's charm with original wood floors, solid wood doors, stone fireplace, and bountiful garden space. With a finished basement, existing bathroom, exterior entrance...does this scream 3rd unit??? ADU/Unit #B is a 1926 single level home that was given new life via relocation from an adjacent property. This 800 square foot, 2 bedroom, 1 bath transplant sits on a new foundation along with a new roof, water line, and electrical service. Enjoy the private yard on your new front porch or happy hour from your new side deck. Revamp the interior and you'll be ready to roll with either a sweet rental or a fresh new pad for yourself. From this stellar location, walk to all things Portland having coffee, food trucks and brews just down the street. Looking to generate extra income? A multi- generational living situation? At home business/office? Workshop? A friends as neighbors scenario? Potentially live in one house and rent out the other, rent both, add a third unit. Choose your own adventure with the upswing potential of this unique property. Buyer to do their own due diligence for development options. Residential listing #24268936 [Home Energy Score = 1. HES Report at https://rpt.greenbuildingregistry.com/hes/OR10231783]
Full Property Details
Full Property Details for 6825 NE Prescott St
General
- Sold For: $642,000
- Taxes: $4,607 (2024)
- Status: Sold
- Type: Multi-Family
- Source: RWMLS
- MLS ID: 24334662
- Added to Site: 532 day(s) ago
Rental Information
- Rent Includes: Trash Collection
Parking
- Garage: Yes
- Total Spaces: 1
- Parking Features: Driveway, Garage
Location
- County: Multnomah
- Subdivision: CULLY
- Driving Directions: NE Prescott, between NE 68th & NE 69th
School Information
- Midd School District: Roseway Heights
- Elementary School: Scott
- Middle School: Roseway Heights
- High School: Leodis McDaniel
Community
- Community Name: 142 - Portland Northeast
Heating & Cooling
- Heating Type: Forced Air - 95+%, Heat Pump
- Heating Fuel: Electricity, Gas
Utilities
- Sewer: Public Sewer
- Water: Public Water
Structural Information
- Property Detached: Yes
- Basement Desc.: Finished, Full Basement
- Roof: Composition
- Stories/Levels: 3
- Square Feet: 3,042
- Year Built: 1939
- Property Condition: Existing
Lot Features
- Lot Size (Acres): 0.16
- Lot Size (Sq. Ft.): 6,969
- Lot Size: 7, 000 to 9, 999 SqFt
- Lot Dimensions: 100 x 92
- Frontage: Paved
- Lot Features: Level
Green Features
- Green Certified: Yes
Financial Considerations
- Operating Expenses: $12,500
- Tax Amount: $4,607.79
- Tax Year: 2024
- Terms: Cash, Conventional, FHA, VA Loan
Disclosures and Reports
- Property ID: R542126
Listed by Wood Land Realty (503) 522-1691, Tyra Grove (503) 313-8788
Sold by Works Real Estate (503) 714-7053, Andrew Ramey
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Schools
Schools serving 6825 NE Prescott St
School District:Portland School District 1j
| Name | Grades | Distance |
|---|---|---|
Scott Elementary School, Portland, OR 6700 Northeast Prescott Street, Portland, OR 97218 | K-5 | 0.1 mi |
Roseway Heights School 7334 Northeast Siskiyou Street, Portland, OR 97213 | 6-8 | 0.8 mi |
Leodis V. McDaniel High School 3905 Southeast 91st Avenue, Portland, OR 97266 | 9-12 | 4.4 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 6825 NE Prescott St
Date
Details
Price
Change
Source
12/20/2024
Sold
$642,000
-1.08%
MLS
10/16/2024
Price Reduced
$649,000
-3.85%
MLS
9/07/2024
Listed
$675,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
6825 NE Prescott St, Portland, OR 97218 (MLS# 24334662) is a Multi-Family property that was sold at $642,000 on December 20, 2024. Want to learn more about 6825 NE Prescott St? Do you have questions about finding other Multi-Family real estate for sale in Portland? You can browse all Portland real estate or contact a Coldwell Banker agent to request more information.

