Listing provided courtesy of Keller Williams Realty Portland Premiere- MLS# 251497797MLS ProviderContact Information: 503-709-4632

2465 NE ALBERTA STPortland, OR 97211

Multi-Family · 22,241 Sq. ft. | 0.17 Acres
$9,599,900 Active

2465 NE ALBERTA ST Overview

Time on Site:
328 days
Visits:
25

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.

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2465 NE ALBERTA ST Facts & Features

  • Type Multi-Family
  • Sq. ft. 22,241
  • Price/Sq.ft. $432
  • Lot 0.17 Acres

Details

General

School Information

  • Elementary School: Vernon
  • Middle Or Junior School: Vernon
  • High School: Jefferson

Income/Expenses

  • Gross Income: 739881.0
  • Net Operating Income: 553593.0
  • Operating Expense: 186289.0

Building Information

  • Year Built: 2025

Location/Region

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

Community/Development

  • Community Features: Commons

Rent/Lease Information

  • Rent Includes: None

Tax Information

  • Tax Annual Amount: 12888.64
  • Tax Year: 2024

General Information

  • Listing Terms: Cash,Conventional
  • Parcel Number: R186528
  • Property Condition: Under Construction
  • Property Type: Multi Family
  • Zoning: CM2

Interior

Building Interior

  • Building Area Total: 22241.0

General Information

  • Cooling: Heat Pump
  • Heating: Mini Split
  • Stories: 4

Exterior

Lot Information

  • Lot Features: Corner Lot
  • Lot Size Acres: 0.17
  • Lot Size Dimensions: 100'x80'
  • Lot Size Square Feet: 7405.0
  • Road Surface Type: Paved
  • Water Source: Public Water

Building Exterior/Construction

  • Roof: Flat

General Information

  • Number Of Units Total: 34
  • Sewer: Public Sewer

2465 NE ALBERTA ST Neighborhood

Community

97211 (PORTLAND) Demographics

36
Median Age
3,858
Population Density (per sq. mile)
62%
College Educated
$86,976
Estimated Median Income
9,252
Estimated Total Home Owners
5,084
Estimated Total Renters
65% / 35%
Estimated Owner / Renter Divide
2
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.

2465 NE ALBERTA ST Monthly Cost

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* 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.

2465 NE ALBERTA ST Market Data

Based on the last 30 days in this zip code

$598,788
Average List Price
$307
Average Price per Square Foot
44
Properties Sold
74
Average Days on Market
118
Properties for Sale
Calculations provided by Reliance Network

2465 NE ALBERTA ST History

Date Event Value Agent
2/5/2026Source: Regional MLS Price Reduction
$9,599,900 -2.0%
12/3/2025Source: Regional MLS Price Reduction
$9,799,900 -1.5%
8/6/2025Source: Regional MLS Added to Database
August 06, 2025