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2465 NE Alberta St, Portland, OR 97211

$9,599,900

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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 daniellegates.bendpremierrealestate.com 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: 255
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: Danielle Gates Principal Broker
Agent Phone: (541) 921-7130
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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