5536 NE ALBERTA ST Portland, OR $ 680,000
5536 NE ALBERTA ST
$ 680,000
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5536 NE ALBERTA ST

Portland, OR, 97218
$ 680,000
Bedrooms5 Baths4.0 Sq 2,208

Monthly Estimate*

$ 4,187

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Multi-Family Home for sale in Portland, OR

for $680,000 with 5 bedrooms and 4 full baths. This 2,208 square foot home was built in 1942.

wo homes. One lot. Big flex! This Cully Compound is what co-living dreams are made of! This property *IS* the unicorn: two detached homes on one property, each with its own private, fully fenced backyard. Each unit offers its own rhythm, with separate entrances & utilities, creating that perfect balance of togetherness + autonomy. Unit A: 3 bed, 1.5 bath with a 4th bonus room - art studio? Yoga den? Mega-size drag closet? YOU GOT IT! Unit B: 2 bed 2 bath, custom built in 2014 with airy, open layout, vaulted ceilings & high quality finishes. ADU designed with accessibility & energy-efficiency in mind. Both homes have large glass sliders opening onto sizable yards with their own decks/patios & plenty of sunny space for gardening galore! Plenty o’ room for your polycule, pets, plants & parties - no compromising on space here! Whether you're house-hacking, co-buying with your people, or building a savvy investment portfolio—this one works. The Bottom Line: Live in one, rent the other? Share the space. Build wealth. Create community! This property isn’t just a home - it's a sanctuary & a seriously smart move. Come visit the Cully Compound TODAY!

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Multi-Family Pending

Price

$ 680,000

Bedrooms

5

Full Bath

4

Property Type

Multi-Family

Taxes

$ 6,148

Style

Year Built

1942

Town/City

Portland

County/Region

Multnomah

MLS | Web ID

123175595

Features
General
Sewer PublicSewer
Heating ForcedAir MiniSplit Radiant
Cooling HeatPump MiniSplit
Roof Composition
Zoning R5
Security Features SecurityLights
Year Built 1942
Stories Count 1
Tax Year 2025
Parcel Number R156470
Gross Income 53987.0
County Multnomah
Net Operating Income 33987.0
Operating Expense 20000.0
Property Type MultiFamily
HOA N
Rent Includes None
Status Pending
Directions Cully West on Alberta North of Prescott
High School Leodis McDaniel
City Portland
Disclosures Disclosure
Number Of Units Total 2
MLS Area _142
Listing Terms Cash Conventional FHA VALoan
Elementary School Other
Tax Annual Amount 6148.3
Middle/Junior High School Other
Property Condition Existing
Virtual Tour https://my.matterport.com/show/?m=iyRv2QSCFEH
Standard Status Pending
Accessory Dwelling Unit Y/N N
Legal Description ELLIS AC BLOCK 1 E 1/2 OF LOT 5
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Interior
Basement CrawlSpace
Hot Water Electricity
Unit 1 Baths Total 2
Unit 1 Beds Total 3
Unit 2 Baths Total 2
Unit 2 Beds Total 2
Unit Type UnitTypeType1 UnitTypeType2
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Exterior
Parking Features Driveway OnStreet
Lot Features Level Trees
Water Source PublicWater
Total Parking 0
Exterior Description CementSiding WoodSiding
Building Area Total 2208.0
Lot Dimensions 50x183
Road Surface Type Paved
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Internal Only
Street Number 1 5536
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* Excluded Features
List By
Portlandia Properties, Llc

Broker

seanbug@propertyweirdos.com

Email

Affordability Calculator

$4,699
Per Month
89%
11%
0%
Monthly Principal & Interest
$4,187
Monthly Property Taxes
$512
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.25% 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
4375017 Elementary School
5380854 Middle School
Leodis McDaniel High School High School
Pricing History
DatePricePrice ChangeDescription
4/23/2026$680,000 Listed Price

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5536 NE ALBERTA ST, Portland, OR, 97218 is a Multi-Family Home for sale at $680,000 with 2,208 sqft. 5536 NE ALBERTA ST has 5 bedrooms, 4.0 baths, and was built in 1942. The property's zip code is 97218 which is in Portland, OR