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  • Price cut: $150K (12/3)
    $9,799,900

    2465 NE Alberta St, Portland, OR 97211

    28beds
    22,241sqft
    : 
    Multi Family
    Built in 2025
    -- sqft lot
    $-- Zestimate®
    $441/sqft
    $-- HOA

    What's special

    Stylish contemporary interiorsSleek modern exteriorWelcoming outdoor common area
    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.
    131 days
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    341
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    11
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    Zillow last checked: 8 hours ago

    Listing updated: December 13, 2025 at 04:43pm

    Listed by:

    Darryl Bodle 503-709-4632,

    Keller Williams Realty Portland Premiere,

    Kelly Christian 908-328-1873,

    Keller Williams Realty Portland Premiere

    Source: RMLS (OR),MLS#: 251497797MLS Logo

    Tour with a local agent

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 28
    • Bathrooms: 34
    • Full bathrooms: 34
    Heating
    • Mini Split
    Cooling
    • Heat Pump, Air Conditioning
    Appliances
    • Included: Dishwasher, Range, Electric Water Heater
    Interior area
    • Total structure area: 22,241
    • Total interior livable area: 22,241 sqft

    Property

    Features
    • Stories: 4
    • Has view: Yes
    • View description: Trees/Woods
    Lot
    • Size: 7,405.2 Square Feet
    • Dimensions: 100' x 80'
    • Features: Corner Lot, SqFt 7000 to 9999
    Details
    • Parcel number: R186528
    • Zoning: CM2

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Multi Family
    Materials
    • Aluminum Siding, Metal Siding, Other
    • Roof: Flat
    Condition
    • Under Construction
    • Year built: 2025

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public

    Community & HOA

    Community
    • Features: Commons
    • Subdivision: Concordia
    Location
    • Region: Portland

    Financial & listing details

    • Price per square foot: $441/sqft
    • Tax assessed value: $1,105,670
    • Annual tax amount: $12,888
    • Date on market: 8/5/2025
    • Listing terms: Cash,Conventional
    • Total actual rent: 57156
    • Road surface type: Paved
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    Estimated market value

    Not available

    Estimated sales range

    Not available

    Not available

    Price history

    Price history
    DateEventPrice
    12/3/2025Price change$9,799,900-1.5%$441/sqft
    Source: RMLS (OR) #251497797 Report a problem
    8/6/2025Listed for sale$9,949,900+610.7%$447/sqft
    Source: RMLS (OR) #251497797 Report a problem
    10/21/2019Sold$1,400,000+89.2%$63/sqft
    Source: Public Record Report a problem
    7/31/2019Listing removed$2,695-3.6%
    Source: Enko Properties, LLC Report a problem
    7/18/2019Listed for sale$739,900$33/sqft
    Source: KW Portland Premiere #19609444 Report a problem

    Public tax history

    Public tax history
    YearProperty taxesTax assessment
    2025$13,369 +3.7%$496,170 +3%
    2024$12,889 +472.4%$481,720 +466.9%
    2023$2,252 +2.2%$84,980 +3%

    Find assessor info on the county website

    BuyAbility℠ payment

    Est. payment
    $49,189/mo
    Principal & interest
    $38001
    Property taxes
    $7758
    Home insurance
    $3430

      Climate risks

      Neighborhood: Concordia

      Nearby schools

      GreatSchools rating
      Schools provided by the listing agent
      • Elementary: Vernon
      • Middle: Vernon
      • High: Jefferson

      Source: RMLS (OR). This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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