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2465 NE Alberta St, Portland, OR 97211

$9,599,900

1 Total Photos [Click to View All]

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.

2465 NE Alberta St | MLS# 251497797

This multi-family property located at 2465 NE Alberta St, Portland, OR 97211 is currently listed for sale with an asking price of $9,599,900. Search Portland real estate on www.williamraven.realtor today.

Property Features

Property Type: Multi Unit - Multiple
Cooling: Heat Pump
Fuel Type: Electricity
Heating: Mini Split
Lot Size: 100'x80'
Roof Type: Flat
Stories: 4.0
Taxes: $12,889
Year Built: 2025
Square Feet: 22,241

Units

Unit Type 1:
Bathroom(s): 1
Rent: $2021.00
Square Footage: 756
Total Units: 1
Unit Type 2:
Bathroom(s): 1
Rent: $4785.00
Square Footage: 1595
Total Units: 1
Unit Type 3:
Bathroom(s): 1
Bedrooms: 2
Features: AirConditioning, Dishwasher, Range
Rent: $2000.00
Square Footage: 789
Total Units: 1
Unit Type 4:
Bathroom(s): 1
Bedrooms: 2
Features: AirConditioning, Dishwasher, Range
Rent: $1750.00
Square Footage: 632
Total Units: 2
Unit Type 5:
Bathroom(s): 1
Bedrooms: 1
Features: AirConditioning, Dishwasher, Range
Rent: $1650.00
Square Footage: 560
Total Units: 14
Unit Type 6:
Bathroom(s): 1
Bedrooms: 1
Features: AirConditioning, Dishwasher, Range
Rent: $1575.00
Square Footage: 504
Total Units: 6
Unit Type 7:
Bathroom(s): 1
Bedrooms: 1
Features: AirConditioning, Dishwasher, Range
Rent: $1500.00
Square Footage: 414
Total Units: 2
Unit Type 8:
Bathroom(s): 1
Features: AirConditioning, Dishwasher, Range
Rent: $1400.00
Square Footage: 400
Total Units: 4
Unit Type 9:
Bathroom(s): 1
Features: AirConditioning, Dishwasher, Range
Rent: $1300.00
Square Footage: 367
Total Units: 1
Unit Type 10:
Bathroom(s): 1
Features: AirConditioning, Dishwasher, Range
Rent: $1200.00
Square Footage: 325
Total Units: 2

Feature Descriptions

Days on Site: 208
Exterior: Aluminum, Metal Siding, Other
Gross Income: $739881.00 (Actual)
Hot Water: Electricity
Lot: Corner Lot
Lot Dimensions: 100'x80'
Net Income: $553593.00 (Actual)
Operating Expenses: $186289.00 (Actual)
Sewer: Public Sewer
Special View Info: Trees/Woods
Units: 34
Water: Public Water

Local Schools

High School: Jefferson
Middle School: Vernon
Elementary School: Vernon

Listed By / Shown By

Listed By

Agency Name: Keller Williams Realty Portland Premiere
Agency Contact: 503-709-4632

Shown By

Agent Name: William Raven Broker
Agent Phone: (541) 280-9701
Agency Title: Bend Premier Real Estate

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Estimated Payment

$ 52,416.37 per month $48,542.32 Principal & Interest $1,074.08 Property Tax $2,799.97 Homeowner's Insurance

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Disclaimer: All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Listing(s) information is provided 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. Information on this site was last updated 03/02/2026. The listing information on this page last changed on 03/02/2026. The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of Delta Media Group MLS (last updated Mon 03/02/2026 3:43:11 PM EST) or RMLS (last updated Mon 03/02/2026 3:41:17 PM EST) or COAR/MLSCO (last updated Mon 03/02/2026 3:41:33 PM EST). Real estate listings held by brokerage firms other than Bend Premier Real Estate may be marked with the Internet Data Exchange logo and detailed information about those properties will include the name of the listing broker(s) when required by the MLS. All rights reserved.

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 other brokerage firms are marked with the RMLS logo, and detailed information about these properties includes the names of the listing brokers. Listing content is copyright © 2026 RMLS, Portland, Oregon. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.

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