1535 N Alberta ST Portland, OR $ 3,400,000
1535 N Alberta ST
$ 3,400,000
New Construction
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1535 N Alberta ST

Portland, OR, 97217
$ 3,400,000
Bedrooms5 Baths10.0 Sq 10,606

Monthly Estimate*

$ 21,212

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Multi-Family Home for sale in Portland, OR

for $3,400,000 with 5 bedrooms and 10 full baths. This 10,606 square foot home was built in 2023.

Exquisite modern, new construction 16-unit apartment complex from a quality local builder with a mix of studio (6) + 1 bed units (10) including (2) generously sized common rooms with kitchenette, electric fireplace + extensive windows! Each unit is expertly crafted featuring expansive ceilings + open concept floor plan bringing an abundance of natural light with designer finishes + colors! Sleek custom cabinetry, desirable SS appliances + in-unit W/D + bike room round out a few quality amenities. With remarkable proximity, in the heart of popular Overlook Neighborhood, nearby Interstates hot restaurants, shops, parks + transit! Phenomenal 99BikeScore!

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Multi-Family Active

Price

$ 3,400,000

Bedrooms

5

Full Bath

10

Property Type

Multi-Family

Taxes

$ 37,635

Style

Year Built

2023

Town/City

Portland

County/Region

Multnomah

MLS | Web ID

24127293

Features
General
Sewer PublicSewer
Heating Zoned
Roof Flat
Zoning CM3
Security Features FireSprinklerSystem
Year Built 2023
Stories Count 3
Tax Year 2024
Parcel Number R257270
Gross Income 263221.0
Community Features Commons
County Multnomah
Net Operating Income 185940.0
Operating Expense 77282.0
Property Type MultiFamily
HOA N
Subdivision Name OVERLOOK
Rent Includes None
Status Active
Directions N Interstate Ave W on N Alberta St
High School Jefferson
City Portland
Number Of Units Total 16
MLS Area _141
Listing Terms Cash Conventional
Elementary School Beach
Tax Annual Amount 37635.22
Middle/Junior High School Ockley Green
Property Condition NewConstruction
Virtual Tour https://youtu.be/EH7WeYS6g70?si=EAmQ7O5RMvG51xk_
Standard Status Active
Accessory Dwelling Unit Y/N N
Legal Description RIVERSIDE ADD BLOCK 12 LOT 16
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Exterior
Lot Features Level
Water Source PublicWater
Exterior Description CementSiding
Foundation Details ConcretePerimeter Slab
Building Area Total 10606.0
Road Surface Type Paved
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Interior
Unit 10 Beds Total 1
Unit 1 Baths Total 1
Unit 1 Beds Total 0
Unit 2 Baths Total 1
Unit 2 Beds Total 0
Unit 3 Baths Total 1
Unit 3 Beds Total 0
Unit 4 Baths Total 1
Unit 4 Beds Total 0
Unit 5 Beds Total 1
Unit 6 Beds Total 1
Unit 7 Beds Total 0
Unit 8 Beds Total 1
Unit 9 Beds Total 1
Unit Type UnitTypeType1 UnitTypeType10 UnitTypeType2 UnitTypeType3 UnitTypeType4 UnitTypeType5 UnitTypeType6 UnitTypeType7 UnitTypeType8 UnitTypeType9
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Internal Only
Street Number 1 1535
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* Excluded Features
List By
Keller Williams Realty Portland Premiere

Broker

503-709-4632

Contact

Affordability Calculator

$24,348
Per Month
87%
13%
0%
Monthly Principal & Interest
$21,212
Monthly Property Taxes
$3,136
Monthly Home Insurance
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Default based on a 30-year fixed rate of 6.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
1950960 Elementary School
1950460 Middle School
Jefferson High School High School
Pricing History
DatePricePrice ChangeDescription
8/5/2025$3,400,000 -11.69% Price Down
2/7/2025$3,849,900 Listed Price

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1535 N Alberta ST, Portland, OR, 97217 is a Multi-Family Home for sale at $3,400,000 with 10,606 sqft. 1535 N Alberta ST has 5 bedrooms, 10.0 baths, and was built in 2023. The property's zip code is 97217 which is in Portland, OR