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$1,859,900

4 Beds 6 Baths 4,304 SQFT 0.07 Acres
Type: Multi-Family

4996 NE 26th AVE
Portland, OR 97211

MLS#: 398503183
Dave Rudolph
Dave Rudolph
Premiere Property Group
Broker
Phone: 503.998.6578
Office: 971.271.8932
Presented by: Keller Williams Realty Portland Premiere - 503-709-4632

Property Description

 

New construction four unit opportunity at the corner of NE Alberta Street and NE 26th Avenue in close in Concordia. The offering includes four separately addressed, two story residences, each with two bedrooms and 2½ bathrooms. The two end units provide 1,123 square feet each, while the two interior units offer 1,029 square feet each, for a total of 4,304 rentable square feet. All four residences are vacant and ready for lease up. Each features a private entrance and an open main level connecting the kitchen, living and dining areas, with a large island providing prep space and casual seating, plus a convenient powder bathroom and useful storage. Upstairs, each unit includes two bedrooms, two full bathrooms, dedicated in unit laundry, and practical closet space. Private fenced outdoor areas create room to relax, garden, or dine outside, while wall mounted bicycle parking provides convenient dedicated storage. The end residences benefit from additional exterior exposure and windows, and the south end home offers a level entrance from the sidewalk with no exterior steps. Energy efficient heat pumps provide year round heating and cooling, while contemporary architectural details give the property a cohesive modern presence. A 2-10 Builder Warranty is provided with each home. This complete package offers a compelling opportunity for portfolio expansion, long term ownership, or an owner occupant seeking additional residences on the same property. With a Walk Score of 91 and Bike Score of 100, Pine State Biscuits, Great Notion, Salt & Straw, Alberta Rose Theatre, New Seasons Market, neighborhood galleries, local boutiques, coffee shops, transit, and the broader Alberta Arts District are within easy reach. Developed by a trusted local builder that oversees projects from design through construction, pairing quality finishes with cost conscious planning to make homeownership more attainable. Homes with purpose. Neighborhoods with promise.


 

Interior Features

Bedrooms

Unit 1 Beds Total2
Unit 2 Beds Total2

Bathrooms

Unit 1 Baths Total3
Unit 2 Baths Total3

Other Interior Features

UnitType1ActualRent2895
UnitType1FeaturesAirConditioning, Dishwasher, Range, WasherDryerHookup
UnitType1UnitsTotal2
UnitType2ActualRent2795
UnitType2FeaturesAirConditioning, Dishwasher, Range, WasherDryerHookup
UnitType2UnitsTotal2
FuelDescriptionElectricity
BasementCrawlSpace
Hot WaterElectricity, Tank
StorageNone
Unit TypeUnitTypeType1, UnitTypeType2

General

Accessory Dwelling Unit Y/NN
AttributionContact503-709-4632
CityPortland
CoolingHeatPump
CountyMultnomah
DirectionsFrom NE Martin Luther King Jr Blvd, travel east on NE Alberta St, then turn right onto NE 26th Ave.
DisclosuresExempt
Elementary SchoolVernon
Gross Income139443.0
HOANo
HeatingForcedAir, HeatPump
High SchoolJefferson
High School 2Leodis McDaniel
Legal DescriptionTWENTY SIXTH AVENUE CONDOMINIUMS, UNITS 1, 2, 3, 4
Listing TermsCash, Conventional, VALoan
Lot Size Square Feet3,049 sqft
MLS Area_142
Middle/Junior High SchoolVernon
Net Operating Income101061.0
Number Of Units Total4
Operating Expense33603.0
Parcel Number0
Property ConditionNewConstruction
Property TypeMultiFamily
Rent IncludesNone
RoofComposition
Security FeaturesSidewalk
SewerPublicSewer
Standard StatusActive
StatusActive
Stories Count2
Subdivision NameCONCORDIA
Tax Annual Amount$0
Virtual TourClick here
Year Built2026
ZoningCM2

Exterior

Building Area Total4,304 sqft
Exterior DescriptionBrick, CementSiding, LapSiding, Panel
Foundation DetailsConcretePerimeter, StemWall
Lot Dimensions90'x32'
Lot FeaturesCornerLot, Level, PublicRoad
Lot Size Acres0.07
Parking FeaturesOnStreet
Road Surface TypePaved
Total Parking0
Water SourcePublicWater

Additional Details

Price History

Schools 

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

  

Similar Properties

$1,859,900

4 Beds 6 Baths 4,304 SQFT 0.07 Acres
Type: Multi-Family

4996 NE 26th AVE
Portland, OR 97211

MLS#: 398503183
Dave Rudolph
Dave Rudolph
Premiere Property Group
Broker
Phone: 503.998.6578
Office: 971.271.8932