Listing provided courtesy of Modern Realty- MLS# 335570176MLS Provider

4331 NE KILLINGSWORTH STPortland, OR 97218

Commercial · 6,520 Sq. ft.
$2,100,000 Active

4331 NE KILLINGSWORTH ST Overview

Time on Site:
66 days
Visits:
3

In the heart of the Cully Neighborhood, this rare commercial offering is more than an investment. It is an opportunity to carry forward a property that has long been woven into the fabric of the community. Featuring two separate buildings on individual tax lots, this income producing asset has been cared for with pride of ownership from both the owner and the long standing tenants who have helped make it a trusted neighborhood staple for years.Long term tenants provide stability, while the newly completed 84 unit PCC housing development next door brings added visibility, and foot traffic to the area.For investors, this is a compelling opportunity to acquire a stable asset with dependable long term tenancy, and immediate income, and future upside through rent growth. Positioned in one of Portland's steadily growing neighborhoods, this property offers the kind of secure foundation and appreciation potential that is increasingly difficult to find.

Love this property?
Create a profile so you can receive updates on this property as soon as they happen!
View Map

4331 NE KILLINGSWORTH ST Facts & Features

  • Type Commercial
  • Sq. ft. 6,520
  • Price/Sq.ft. $322

Details

General

Income/Expenses

  • Existing Lease Type: 1 - 5 Years Remaining,NNN
  • Gross Income: 112740.0
  • Operating Expense: 13954.0

Building Information

  • Year Built: 1971

Business Information

  • Current Use: Dry Cleaners,Grocery,Restaurant

Location/Region

  • Country: US
  • County Or Parish: Multnomah
  • MLS Area Major: 142 - Portland Northeast

Tax Information

  • Tax Annual Amount: 9354.45
  • Tax Year: 2025

General Information

  • Inclusions: Building,Land
  • Listing Terms: Cash,Conventional
  • Parcel Number: R194182
  • Property Condition: Existing
  • Property Sub Type: Income
  • Property Type: Commercial Sale
  • Zoning: CN11

Interior

Building Interior

  • Building Area Total: 6520.0

General Information

  • Cooling: Central Air
  • Heating: Forced Air
  • Stories: 1

Exterior

Parking Information

  • Parking Features: On Site,Paved
  • Parking Total: 16.0

Lot Information

  • Number Of Buildings: 2
  • Road Surface Type: Paved
  • Water Source: Public Water

Building Exterior/Construction

  • Construction Materials: Frame
  • Roof: Flat

General Information

  • Sewer: Public Sewer

4331 NE KILLINGSWORTH ST Neighborhood

Community

97218 (Portland) Demographics

36
Median Age
2,073
Population Density (per sq. mile)
49%
College Educated
$67,436
Estimated Median Income
3,184
Estimated Total Home Owners
2,316
Estimated Total Renters
58% / 42%
Estimated Owner / Renter Divide
3
Estimated Average Household Size
Community data courtesy of LiveBy, Inc.

Schools

School data courtesy of LiveBy, Inc. School ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating.

4331 NE KILLINGSWORTH ST Monthly Cost

$
$ %
%
$
$
* All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

4331 NE KILLINGSWORTH ST Market Data

Based on the last 30 days in this zip code

$431,984
Average List Price
$311
Average Price per Square Foot
13
Properties Sold
105
Average Days on Market
44
Properties for Sale
Calculations provided by Reliance Network

4331 NE KILLINGSWORTH ST History

Date Event Value Agent
4/25/2026Source: Regional MLS Added to Database
April 25, 2026