OFF MARKET

Off market sep 2020 for $789K

$840,124

Est. refi paymentEst. refi $6,205/mo

•

7 ba

•

4,700

sq ft

8406 NE Knott St, Portland, OR 97220

About this home

Fantastic 4-plex, built 2000, with recent improvements and low maint. needs! Sound CAP rate, strong rent history, great cash flow. Turn-key investment - Rents $5600/mth, HOA Dues $504/mth for whole building, includes on-site property mgmt service. Each unit has 2 bedrooms, gas FP, in-unit laundry, & garage. Great location, short distance to Madison HS (reopen 2021), freeway, MAX rail, & restaurants. **3D virtual tour of units A & C. No private showing at this time. Please do not disturb tenants.

Multi-familyProperty Type

2000Year Built

$179Est. Price/Sq.Ft.

1 car garageParking

Listed by Alexander Roy • John L. Scott/Woodstock

Contact: 503-775-4699

Bought with Tami Liesy • Keller Williams PDX Central

Redfin checked: 2 minutes ago

•Source:RMLS #20230370

Redfin Estimate

$840,124

$51K since sold in September 2020$2,000 since October

Recently sold homes
Estimate history
Homes for sale

This home's estimate is 7.7% higher than the average sale price ($780K) of 6 comparable homes.

SOLD SEP 25, 2026
$950,000
A
5 beds3 baths3,235 sq ft
7637 NE Sacramento St, Portland, OR 97213
SOLD JUN 26, 2026
$602,000
B
4 beds3 baths1,864 sq ft
2908 NE 88th Pl, Portland, OR 97220
SOLD OCT 23, 2026
$799,000
C
3 beds3 baths4,320 sq ft
3037 NE Rocky Butte Rd, Portland, OR 97220
SOLD SEP 11, 2026
$1,196,000
D
5 beds3 baths3,394 sq ft
7300 NE Sacramento St, Portland, OR 97213
SOLD SEP 21, 2026
$485,000
E
3 beds1 bath2,266 sq ft
2153 NE 81st Ave, Portland, OR 97213
SOLD AUG 20, 2026
$650,000
F
4 beds3 baths2,312 sq ft
623 NE 79th Ave, Portland, OR 97213

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Earn from this home

Sell

$235,816

Est. take-home

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Refinance

Est. cash available

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Market trends in Madison South, OR

Last updated October 2026

Buyer's Market

Seller's Market

Seller's market

Sale-to-list price

98.8%

0.1% MoM

Median sale price

$435K

$15K MoM

Avg. days on market

23d

0 days MoM

Recently sold homes

3 MoM

New listings for sale

$449,000
3 beds1 bath1,294 sq ft
11244 NE Thompson St, Portland, OR 97220
Bryant Cahill • Premiere Property Group, LLC
$285,000
3 beds3 baths1,222 sq ft
887 NE 90th Ave, Portland, OR 97220
Rachel Hemmingson • Property Group NW
$550,000
6 beds3 baths2,352 sq ft
1335 NE 119th Ave, Portland, OR 97220
Timothy Fowler • Keller Williams Premier Partners
See all

Provided by Redfin

Sale history for 8406 NE Knott St

Tax history for 8406 NE Knott St

*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

Baths

5.5

Stories

Lot width

—

Lot depth

—

Lot size

5,272 Sq. Ft.

Year renovated

2000

Sq. Ft.

3,732

Year built

2000

Style

Multi-Family (2-4 Unit)

County

Multnomah County

APN

R211205

Parking Spaces

—

Basement

—

Accessible

—

HOA Dues

—

Garage

—

Features

—

Last updated by owner on Oct 30, 2026.

RM2

Residential Multi-Dwelling 2 zone

The RM2 zone is a medium-scale multi-dwelling zone that is generally applied in and around a variety of centers and corridors that are well-served by transit. Allowed housing is characterized by buildings of up to three or four stories with a higher percentage of building coverage than in the RM1 zone, while still providing opportunities for landscaping and outdoor spaces that integrate with residential neighborhood characteristics. The major types of new housing development will be a diverse range of multi-dwelling structures and other compact housing that contribute to the intended urban scale of centers and corridors, while providing transitions in scale and characteristics to lower-scale residential neighborhoods.

Zone overlays

Aircraft Landing Zone

Permitted uses

Include but are not limited to:

Housing
Housing-Group
Housing-Single unit
Housing-Multiple units
Housing-Senior

Property details

Parking

Parking Information
Parking Features: Garage, Garage Door Opener

Interior

Virtual Tour Information
Has Virtual Tour Unbranded: Yes
Has Virtual Tour Unbranded 2: Yes

Appliances
Hot Water Description: Electricity, Tank

Interior Features
Storage: Garage(s)

Multi Unit Information
# Of Units Total: 4

Unit Information
Unit Type: 1, 2, 3, 4

Unit Type 1 Information
Actual Rent: $1,500
Area: 908
Baths Total: 2
Beds Total: 2
Features: Deck, Dishwasher, Refrigerator, Washer/Dryer
Units Total: 1

Unit Type 2 Information
Actual Rent: $1,300
Area: 897
BathsTotal: 2
Beds Total: 2
Features: Dishwasher, Range, Refrigerator, Washer/Dryer
Units Total: 1

Unit Type 3 Information
Actual Rent: $1,500
Area: 905
Baths Total: 2
Beds Total: 2
Features: Deck, Dishwasher, Refrigerator, Washer/Dryer
Units Total: 1

Unit Type 4 Information
Actual Rent: $1,300
Area: 908
Baths Total: 1
Beds Total: 2
Features: Deck, Dishwasher, Refrigerator, Washer/Dryer
Units Total: 1

Exterior

Exterior Features
Roof: Composition
Exterior Description: Vinyl Siding
Unreinforced Masonry Bldg: No

Lot Information
Lot Size Range: 5,000 to 6,999 SqFt
Lot Size: 5,000 to 6,999 SqFt
Lot Features: Level
Parcel Number: R211205
Road Surface Type: Concrete

Property Information
Property Type: Multi Family
Property Attached YN: No
Property Condition: Approximately
Security Features: Sidewalk
View YN: No

Building Information
Year Built: 2000
Building Area Total: 4,700
Foundation Details: Concrete Perimeter

Financial

Tax Information
Tax Year: 2019
Tax Legal Description: MADISON PLACE, LOT 26
Tax Annual Amount: $8,544.57

Rent Information
Rent Includes: Maintenance Grounds, Trash Collection

Lease / Rent Information
CAP Rate: 5.76
Gross Rent Multiplier: 11.59

Utilities

Utility Information
Green Certification YN: No
Fuel Description: Electricity
Internet Service Type: Cable
Water Source: Public Water
Sewer: Public Sewer

Heating & Cooling
Heating YN: Yes
Heating: Zoned
Cooling YN: No

Location

School Information
Elementary School: Jason Lee
Middle Or Junior School: Roseway Heights
High School: Madison

Location Information
Directions: From NE 82nd Ave, east on NE Russel, north on NE 84th Ave, on corner of 84th and Knott St
Unparsed Address: 8406 NE KNOTT ST, Portland, OR 97220

Community Information
Zoning: RM2

Public facts

Beds: 8
Baths: 5.5
Sq. Ft.: 3,732
Stories: 2.0
Lot Size: 5,272 square feet
Style: Multi-Family (2-4 Unit)
Year Built: 2000
Year Renovated: 2000
County: Multnomah County
APN: R211205

Home facts updated by county records on Oct 30, 2026

Other

Listing Information
MlsStatus: Sold

Listing Price Information
Price Type: List Price

Remarks
Distance To Bike Path Comments: 1.60 miles
Distance To Bus Comments: 0.20 miles
Distance To Multi Use Path Comments: 1.60 miles
Distance To Public Park Comments: 0.60 miles
Distance To Public Rail Comments: 0.70 miles
Distance To Shopping Comments: 1.40 miles

Around this home

Schools

K - 12
Preschool & daycare

Lee Elementary School

Public K-5 • Assigned • 0.5mi

6/10

Roseway Heights School

Public 6-8 • Assigned • 0.6mi

6/10

Leodis V. McDaniel High School

Public 9-12 • Assigned • 0.2mi

4/10

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 91° 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 • 97220

Average low and high temperatures (°F)

48°

37°

50°

38°

58°

44°

65°

46°

71°

51°

77°

56°

82°

60°

83°

62°

76°

58°

62°

48°

53°

45°

51°

43°

Jan

Feb

Mar

Apr

May

Jun

Jul

Aug

Sep

Oct

Nov

Dec

Sun exposure

In this area, properties receive around 9.7 hours in June and 2 hours in December, placing it below the U.S. average for solar exposure.

9.7 hrs

2 hrs

JuneDecember

Provided by Shadowmap

Estimated sale price

$799,000 – $967,000

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New listings for sale in 97220

$449,000

3 beds1 bath1,294 sq ft

11244 NE Thompson St, Portland, OR 97220

Private backyard • Cul-de-sac • New roof

Bryant Cahill • Premiere Property Group, LLC

$285,000

3 beds3 baths1,222 sq ft

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Wood fireplace • Private fenced patio • Reserved parking

Rachel Hemmingson • Property Group NW

$550,000

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6,098 sq ft lot • 4 parking spots • Built 1964

Timothy Fowler • Keller Williams Premier Partners

Home values near 8406 NE Knott St

Data from public records.

Address	Redfin Estimate
8405 NE Knott Street, Portland, OR 6 Beds \| 6 Baths \| 2945 Sq. Ft.	$636,222
8516 NE Knott Street, Portland, OR 8 Beds \| 5.5 Baths \| 3732 Sq. Ft.	$835,149
8437 NE Knott Street, Portland, OR 6 Beds \| 5 Baths \| 2945 Sq. Ft.	$642,092
8413 NE Knott Street, Portland, OR 6 Beds \| 5 Baths \| 2945 Sq. Ft.	$653,040
8512 NE Russell Street, Portland, OR 3 Beds \| 1 Baths \| 1491 Sq. Ft.	$422,358
8423 NE Russell Street, Portland, OR 6 Beds \| 4.5 Baths \| 2904 Sq. Ft.	$657,501
2524 NE 84th Avenue, Portland, OR 3 Beds \| 1 Baths \| 884 Sq. Ft.	$407,762

Address	Redfin Estimate
8430 NE Knott Street, Portland, OR 8 Beds \| 7 Baths \| 3732 Sq. Ft.	—
8422 NE Knott Street, Portland, OR 8 Beds \| 5.5 Baths \| 3732 Sq. Ft.	$844,858
8421 NE Knott Street, Portland, OR 6 Beds \| 6 Baths \| - Sq. Ft.	$642,068
8438 NE Knott Street, Portland, OR 8 Beds \| 5.5 Baths \| 3732 Sq. Ft.	$891,309
2544 NE 84th Avenue, Portland, OR 2 Beds \| 1 Baths \| 780 Sq. Ft.	$336,932
8428 NE Russell Street, Portland, OR 3 Beds \| 2 Baths \| 1491 Sq. Ft.	$442,663
8407 NE Russell Street, Portland, OR 8 Beds \| 7 Baths \| - Sq. Ft.	$812,720

Address	Redfin Estimate
8508 NE Knott Street, Portland, OR 8 Beds \| 7 Baths \| 4700 Sq. Ft.	$843,524
8414 NE Knott Street, Portland, OR 8 Beds \| 5.5 Baths \| 3732 Sq. Ft.	$868,651
8507 NE Knott Street, Portland, OR 6 Beds \| 5 Baths \| 2945 Sq. Ft.	$646,541
8429 NE Knott Street, Portland, OR 6 Beds \| 5 Baths \| 2945 Sq. Ft.	$629,176
8414 NE Russell Street, Portland, OR 2 Beds \| 2 Baths \| 923 Sq. Ft.	$372,131
2533 NE 84th Avenue, Portland, OR 3 Beds \| 1 Baths \| 1056 Sq. Ft.	$397,311
8415 NE Russell Street, Portland, OR 8 Beds \| 5.5 Baths \| 3732 Sq. Ft.	$869,343

Property information provided by undefined .

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