2465 NE ALBERTA ST, Portland, OR 97211

$9,599,900
22,241
SqFt

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List Price
$9,599,900
Price Change
▼ $200,000 1770354986
Days on Market
357
MLS#
251497797
Property Type
Multifamily
Sqft. of Residence
22,241
Lot Size
7, 000 to 9, 999 SqFt
Region
Portland Northeast
Status
ACTIVE

Property Description

Introducing a rare chance to own a newly constructed 32-unit apartment building with 2 retail spaces in one of Portland’s most vibrant and walkable neighborhoods—Alberta Arts. This premier asset blends modern design, long-term durability, and wide-ranging rental appeal, making it a turnkey opportunity for seasoned investors or those looking to grow their portfolio. The building offers a desirable unit mix, from efficient studios to spacious two-bedrooms, each thoughtfully designed with stylish, contemporary interiors. A sleek modern exterior, elevator access, and a welcoming outdoor common area enhance both tenant satisfaction and curb appeal. Located steps from local favorites like Pine State Biscuits, Gumba, Great Notion, and a wide array of art galleries, shops, and eateries, this property sits at the epicenter of culture and convenience. With a strong Walk Score and bike-friendly streets, it's perfect for tenants seeking a connected, car-free lifestyle. Don’t miss the opportunity to secure a top-tier multifamily asset in the iconic Alberta Arts District.

Additional Information

Tax Amount
$12,888
Year Built
2025
High School
Jefferson
Elementary School
Vernon
Middle School
Vernon
Acres
0.17
Living Area
22,241
Stories
4
Subdivision
CONCORDIA
Lot Size Dimension
100'x80'
Terms
Cash, Conventional
Cooling Description
Heat Pump
Fuel Description
Electricity
Heating Description
Mini Split
Hoa Rent Includes
None
Hot Water Description
Electricity
Exterior Description
Aluminum, Metal Siding, Other
Roof Type
Flat
Sewer Description
Public Sewer
View
Trees/Woods
Road Surface
Paved
Number Of Units Total
34
Unit Type One Baths Total
1
Unit Type One Rent
2021
Unit Type One Sq Ft
756
Unit Type One Units Total
1
Unit Type Two Baths Total
1
Unit Type Two Units Total
1
Unit Type Three Baths Total
1
Unit Type Three Beds Total
2
Unit Type Three Rent
2000
Unit Type Three Sq Ft
789
Unit Type Three Units Total
1
Unit Type Four Baths Total
1
Unit Type Four Beds Total
1
Unit Type Four Rent
1750
Unit Type Four Sq Ft
632
Unit Type Four Units Total
2
Unit Type Five Rent
1650
Unit Type Five Sq Ft
560
Unit Type Five Units Total
14

Mortgage Calculator

Amount of Loan
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Term of Loan
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Calculator source: Real Geeks

Listing courtesy of Keller Williams Realty Portland Premiere.

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