526 NE ALBERTA ST Portland, OR $ 1,850,000
526 NE ALBERTA ST
$ 1,850,000
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526 NE ALBERTA ST

Portland, OR, 97211
$ 1,850,000
Baths0.0

Monthly Estimate*

$ 12,296

526 NE ALBERTA ST, Portland, OR 97211 - Image 1
526 NE ALBERTA ST, Portland, OR 97211 - Image 2
526 NE ALBERTA ST, Portland, OR 97211 - Image 3
526 NE ALBERTA ST, Portland, OR 97211 - Image 4
526 NE ALBERTA ST, Portland, OR 97211 - Image 5
526 NE ALBERTA ST, Portland, OR 97211 - Image 6
526 NE ALBERTA ST, Portland, OR 97211 - Image 7
Studio

Lots and Land for sale in Portland, OR

for $1,850,000. The lot size is 0.23.

This premiere CM2 lot, located in the vibrant Alberta Arts District, and 1.5 block of MLK Boulevard, offers a unique development opportunity that is close-in to Portland's East-Side Business District, the Moda Center and Portland's Convention Center, including convenient access to Portland's city-center and NW areas. The 10,080 sq ft level corner lot includes a 3,300 sq ft house built in 1909. Utilities are already on site, featuring two water meters, gas, and electric connections. With dimensions of 100x100, the property can support up to 40,000 sq ft of development, with FAR bonuses available for affordable housing. Buyers are advised to conduct their own due diligence to explore the full potential of this property. Alberta Street is one of Portland's most iconic areas, renowned for its diversity, eclectic mix of shopping, housing, restaurants, cafes, galleries, and more. The lot is perfect for leased commercial, commercial/retail, mixed-use housing, food carts, ect.

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Lots and Land Active

Price

$ 1,850,000

Bedrooms

Studio

Property Type

Lots and Land

Taxes

$ 3,680

Style

MultiFamily

Lot Size

0.23

Town/City

Portland

County/Region

Multnomah

MLS | Web ID

24352159

Features
General
Utilities ElectricityConnected NaturalGasConnected SewerConnected WaterConnected
Zoning CM2
HOA 1
Property SubType MultiFamily
Tax Year 2023
Current Use Commercial Residential
County Multnomah
Property Type Land
Other Structures Fixer Residence
Status Active
Directions on the corner of NE 6th and NE Alberta
High School Grant
City Portland
MLS Area _142
Lot Size Square Feet 10018.0
Terms Cash Conventional
Elementary School Other
Tax Annual Amount 3680.37
Middle/Junior High School Harriet Tubman
Days on Market 69
Standard Status Active
Legal Description LESHS ADD BLOCK 2 LOT 11 LOT 12 EXC PT IN ST
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Exterior
Lot Features CornerLot
Lot Size Acres 0.23
Road Surface Type Paved
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Internal Only
Street Number 1 526
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* Excluded Features
List By
Century 21 North Homes Realty

Broker

homes@nataliyarealestate.com

Email

Affordability Calculator

$12,602
Per Month
98%
2%
0%
Monthly Principal & Interest
$12,296
Monthly Property Taxes
$307
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.99% 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
4679046 Elementary School
2416933 Middle School
Grant High School High School
Pricing History
DatePricePrice ChangeDescription
5/17/2024$1,850,000 Listed Price

Map


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526 NE ALBERTA ST, Portland, OR, 97211 is a Lots and Land for sale at $1,850,000 with a lot size of 0.23. 526 NE ALBERTA ST is a studio with 0.0 baths. The property's zip code is 97211 which is in Portland, OR