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2465 NE Alberta St

Portland, OR 97211
  • $9,799,900
  • STATUS: Active
  • ON SITE: 119 Days
  • MLS #: 251497797
Price Reduced
UPDATED: 40 min ago
$9,799,900
  • 0
    BEDS
  • 0.17
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 22,241
    SQFT
  • $441
    $/SQFT
Neighborhood:
Type:
Multi-Family
Built:
2025
County:

School Information

Elementary School:
Middle School:
High School:

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 neighborhoodsAlberta 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.

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Listing content is copyright © 2025 RMLS™, Portland, Oregon. The content relating to real estate for sale on this web site comes in part from the IDX program of the RMLS™ of Portland, Oregon. Real estate listings held by brokerage firms other than Ladd Group, Cascade Sotheby's International Realty are marked with the RMLS™ logo, and detailed information about these properties includes the names of the listing brokers. Data last updated 2025-12-04T18:49:06.133.Data deemed reliable but not guaranteed. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available. IDX information is provided exclusively for consumers’ personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All information provided is deemed reliable but is not guaranteed accurate by RMLS™ or Ladd Group, Cascade Sotheby's International Realty and should be independently verified.
www.bendpropertysource.com/homes/166633809
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2465 NE Alberta St Portland, OR 97211

  • Price: $9,799,900
  • Status: Active
  • On Site: 119 Days
  • Updated: 40 min ago
  • MLS #: 251497797
0
Beds
0
Baths
0
½ Baths
0.17
Acres
22,241
SQFT
$441
$/SQFT
2025
Built
Neighborhood:
Concordia
County:
Multnomah
Area:
142-Portland Northeast
Elementary School:
Vernon
Middle School:
Vernon
High School:
Jefferson
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 neighborhoodsAlberta 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.
Exterior Features

Attached Garage YN No Exterior Description Aluminum Metal Siding Other Lot Features Corner Lot Lot Size Dimensions 100'x80' Road Surface Type Paved Roof Flat View Description Trees Woods View YN Yes

Interior Features

Cooling Heat Pump Cooling YN Yes Heating Mini Split Heating YN Yes

Property Features

Bank Owned YN No Community Features Commons Fuel Description Electricity Green Certification YN No Gross Income 739881 Hot Water Description Electricity IDXAddress Display YN Yes Listing Terms Cash Conventional Net Operating Income 553593 Operating Expense 186289 Property Attached YN No Property Condition Under Construction Rent Includes None Sewer Public Sewer Short Sale YN No Tax Annual Amount 12888.64 Tax Year 2024 Water Source Public Water Zoning CM2

Listing provided courtesy of Keller Williams Realty Portland Premiere: 503-709-4632.


Listing content is copyright © 2025 RMLS™, Portland, Oregon. The content relating to real estate for sale on this web site comes in part from the IDX program of the RMLS™ of Portland, Oregon. Real estate listings held by brokerage firms other than Ladd Group, Cascade Sotheby's International Realty are marked with the RMLS™ logo, and detailed information about these properties includes the names of the listing brokers. Data last updated 2025-12-04T18:49:06.133.Data deemed reliable but not guaranteed. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available. IDX information is provided exclusively for consumers’ personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All information provided is deemed reliable but is not guaranteed accurate by RMLS™ or Ladd Group, Cascade Sotheby's International Realty and should be independently verified.
 
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Ladd Group, Cascade Sotheby's International Realty
650 SW Bond St, Suite 100
Bend OR, 97702