AMAZING OPPORTUNITY WITH INCOME POTENTIAL! This multifamily home has 4 units. 3 units with 2 bedrooms & 1 bathrooms & 1 unit with 1 bedroom & 1 bathroom. Each unit features an open concept floor plan, plenty of natural light, hardwood floors, and extra basement storage. Shared laundry in the basement. Excellent location near parks, restaurants, schools, and public transportation. A don't miss investment opportunity in the desirable East Moreland area! **3D Tour Available for Units A&B!**
Multi-familyProperty Type
1942Year Built
$355Est. Price/Sq.Ft.
Listed by Drew Coleman• The Hasson Company
Listed by Sean Mele• The Hasson Company
Bought with Gina Gunderson• Windermere Realty Trust
*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.
Public record
Public record
Zoning
Permits
Beds
8
Baths
4
Stories
1
Lot width
—
Lot depth
—
Lot size
5,000 Sq. Ft.
Year renovated
1942
Sq. Ft.
2,100
Year built
1942
Style
Multi-Family (2-4 Unit)
County
Multnomah County
APN
R157878
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
—
Last updated by owner on Oct 5, 2026.
R2.5
Residential 2,500 zone
The single-dwelling zones are intended to preserve land for housing and to provide housing opportunities for individual households. The zones implement the comprehensive plan policies and designations for single-dwelling housing and provide options for infill housing that is compatible with the scale of the single-dwelling neighborhood.
Permitted uses
Include but are not limited to:
Housing
Feb 3, 2016 • Final
Electrical
Electrical
Mar 9, 2009 • Final
Mechanical
Install a radon mitigation system.
Electrical
Grading
Permit history is from public records and may be incomplete or inaccurate. Redfin and its agents make no representations about the property condition or permit status. Buyers should independently verify all information.
Property details
Parking
Parking Information
Parking Features: None
Interior
Virtual Tour Information
Has Virtual Tour Unbranded: Yes
Has Virtual Tour Unbranded 2: Yes
Appliances
Hot Water Description: Electricity
Interior Features
Storage: Basement
Basement: Full Basement, Unfinished
Multi Unit Information
# Of Units Total: 4
Unit Information
Unit Type: 1, 2, 3, 4
Unit Type 1 Information
Actual Rent: $1,035
Area: 525
Baths Total: 1
Beds Total: 2
Features: Range, Refrigerator, Window Coverings
Units Total: 1
Unit Type 2 Information
Actual Rent: $1,125
Area: 525
BathsTotal: 1
Beds Total: 2
Features: Range, Refrigerator, Window Coverings
Units Total: 1
Unit Type 3 Information
Actual Rent: $1,070
Area: 525
Baths Total: 1
Beds Total: 2
Features: Range, Refrigerator, Window Coverings
Units Total: 1
Unit Type 4 Information
Actual Rent: $925
Area: 525
Baths Total: 1
Beds Total: 1
Features: Range, Refrigerator, Window Coverings
Units Total: 1
Exterior
Exterior Features
Roof: Composition
Exterior Description: Cedar, Lap Siding
Lot Information
Lot Size Range: 5,000 to 6,999 SqFt
Lot Size: 5,000 to 6,999 SqFt
Lot Features: Level
Parcel Number: R157878
Road Surface Type: Paved
Property Information
Property Type: Multi Family
Property Attached YN: No
Property Condition: Updated/Remodeled
View YN: No
Building Information
Year Built: 1942
Building Area Total: 2,100
Financial
Tax Information
Tax Year: 2018
Tax Legal Description: ERROL HTS, BLOCK 12, LOT 13&14
Tax Annual Amount: $4,607.72
Rent Information
Rent Includes: Sewer, Trash Collection, Water
Lease / Rent Information
CAP Rate: 5.25
Gross Rent Multiplier: 15.04
Utilities
Utility Information
Green Certification YN: No
Fuel Description: Electricity
Water Source: Public Water
Sewer: Public Sewer
Heating & Cooling
Heating YN: Yes
Heating: Zoned
Cooling YN: No
Location
School Information
Elementary School: Lewis
Middle Or Junior School: Sellwood
High School: Cleveland
Location Information
Directions: SE 45th/ SE Knapp St
Unparsed Address: 4820 SE KNAPP ST, Portland, OR 97206
Community Information
Community Features: Laundry
Zoning: R5
Public facts
Beds: 8
Baths: 4.0
Sq. Ft.: 2,100
Stories: 1.0
Lot Size: 5,000 square feet
Style: Multi-Family (2-4 Unit)
Year Built: 1942
Year Renovated: 1942
County: Multnomah County
APN: R157878
Home facts updated by county records on Oct 5, 2026
Other
Listing Information
MlsStatus: Sold
Listing Price Information
Price Type: List Price
Around this home
Schools
Lewis Elementary School
Public K-5 • Assigned • 0.3mi
10/10
Sellwood Middle School
Public 6-8 • Assigned • 1.8mi
8/10
Cleveland High School
Public 9-12 • Assigned • 2.3mi
7/10
Provided by GreatSchools
Lifestyle
Provided by Walk Score and Local Logic
Climate risks
1/10 Flood Factor
Minimal risk of a flood reaching the building in the next 30 years
1/10 Fire Factor
Unlikely to be in a wildfire in next 30 years
3/10 Heat Factor
7 days above 93° expected this year, 15 days in 30 years
1/10 Wind Factor
Minimal risk of severe winds over next 30 years
10/10 Air Factor
19 unhealthy days expected this year, 21 days in 30 years
Provided by First Street
Historical weather
Portland, OR • 97206
Average low and high temperatures (°F)
48
36
50
37
58
43
65
44
71
49
78
54
84
58
85
61
78
56
63
47
53
43
50
41
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Sun exposure
In this area, properties receive around 9.8 hours in
June and 2 hours in December, placing it below the
U.S. average for solar exposure.
9.8 hrs
2 hrs
JuneDecember
Provided by Shadowmap
Estimated sale price
$708,000 – $857,000
Reach more buyers when you sell with Redfin. Save up to $7,449 in fees.3 minutes to get started.
Get a free, detailed breakdown of how we calculated your estimate.