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$30,875,000

7 Beds 7 Baths 67,286 SQFT 1.11 Acres
Type: Multi-Family

2425 NE Alberta ST
Portland, OR 97211

MLS#: 792913119
Premiere Property Group
Office: 971.271.8932
Presented by: Keller Williams Realty Portland Premiere - 503-709-4632

Property Description

 

Own a rare portfolio of 9 buildings and 121 units, featuring a dynamic mix of townhomes, apartments, and retail spaces. Built between 2023–2025 with high-end finishes throughout, this collection offers strong diversification, modern design, and exceptional tenant appeal. The properties are strategically located across some of Portland’s most sought-after neighborhoods, including the iconic Alberta Arts District, vibrant Hollywood, and the scenic South Waterfront. A prime opportunity to bolster your investment portfolio with a substantial stake in Portland real estate.


 

Interior Features

Bedrooms

Unit 1 Beds Total0
Unit 2 Beds Total2
Unit 3 Beds Total2
Unit 4 Beds Total2
Unit 5 Beds Total1
Unit 6 Beds Total0

Bathrooms

UnitType5BathsTotal1
UnitType6BathsTotal1
Unit 1 Baths Total0
Unit 2 Baths Total2
Unit 3 Baths Total2
Unit 4 Baths Total1

Other Interior Features

UnitType1ActualRent2021
UnitType1UnitsTotal2
UnitType2ActualRent2250
UnitType2FeaturesAirConditioning, Dishwasher, Microwave, Range
UnitType2UnitsTotal11
UnitType3ActualRent1825
UnitType3FeaturesAirConditioning, Dishwasher, Microwave, Range
UnitType3UnitsTotal4
UnitType4ActualRent1750
UnitType4FeaturesAirConditioning, Dishwasher, Microwave, Range
UnitType4UnitsTotal11
UnitType5ActualRent1695
UnitType5FeaturesAirConditioning, Dishwasher, Microwave, Range
UnitType5UnitsTotal69
UnitType6ActualRent1400
UnitType6FeaturesAirConditioning, Dishwasher, Microwave, Range
UnitType6UnitsTotal24
FuelDescriptionElectricity
Hot WaterElectricity
Unit TypeUnitTypeType1, UnitTypeType2, UnitTypeType3, UnitTypeType4, UnitTypeType5, UnitTypeType6

General

Accessory Dwelling Unit Y/NN
AttributionContact503-709-4632
CityPortland
CoolingHeatPump
CountyMultnomah
DirectionsSee Remarks
Elementary SchoolVernon
Gross Income2294175.0
HOANo
HeatingMiniSplit, WallHeater
High SchoolJefferson
Legal DescriptionTBD
Listing TermsCash, Conventional
Lot Size Square Feet48,351 sqft
MLS Area_142
Middle/Junior High SchoolVernon
Net Operating Income1694989.0
Number Of Units Total121
Operating Expense599186.0
Parcel Number0
Property ConditionNewConstruction
Property TypeMultiFamily
Rent IncludesNone
RoofComposition, Flat, Metal
SewerPublicSewer
Standard StatusActive
StatusActive
Tax Annual Amount$240,282
Tax Year2024
ViewDescriptionCity, TreesWoods
Virtual TourClick here
Year Built2025
Zoningremarks

Exterior

Building Area Total67,286 sqft
Exterior DescriptionAluminum, CementSiding, MetalSiding, Other
Lot Size Acres1.11
Road Surface TypePaved
Water SourcePublicWater

Additional Details

Price History

Schools 

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

  

Similar Properties

$30,875,000

7 Beds 7 Baths 67,286 SQFT 1.11 Acres
Type: Multi-Family

2425 NE Alberta ST
Portland, OR 97211

MLS#: 792913119
Premiere Property Group
Office: 971.271.8932