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2425 NE Alberta ST Portland, OR $ 15,949,700
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2425 NE Alberta ST
$ 15,949,700
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New Construction
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2425 NE Alberta ST

Portland, OR, 97211
$ 15,949,700
Bedrooms7 Baths10.0 Sq 35,904

Monthly Estimate*

$ 110,161

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Multi-Family Home for sale in Portland, OR

for $15,949,700 with 7 bedrooms and 10 full baths. This 35,904 square foot home was built in 2025 on a lot size of 0.4.

Own a rare portfolio of 68 doors across three newer construction properties, offering a compelling mix of apartments and retail spaces in three distinct Portland neighborhoods. Built in 2024 and 2025 with modern design and high end finishes throughout, this collection offers strong diversification, low maintenance construction and broad tenant appeal. The portfolio includes 34 doors in the Alberta Arts District, 16 apartments in North Tabor and 18 apartments in South Waterfront, placing investors in three desirable locations with convenient access to dining, shopping, transit, employment centers and neighborhood amenities. A unique opportunity to acquire a substantial newer construction multifamily portfolio and expand your investment footprint across Portland.

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Multi-Family Active

Price

$ 15,949,700

Bedrooms

7

Full Bath

10

Property Type

Multi-Family

Taxes

$ 240,282

Style

Lot Size

0.4

Year Built

2025

Town/City

Portland

County/Region

Multnomah

MLS | Web ID

792913119
Features
General
Sewer PublicSewer
Heating HeatPump MiniSplit WallHeater
Cooling HeatPump MiniSplit
Roof Composition Flat Metal
Zoning See OM
Year Built 2025
Tax Year 2024
Parcel Number New Construction
Gross Income 1294770.0
County Multnomah
Net Operating Income 930998.0
Operating Expense 363772.0
Property Type MultiFamily
HOA N
Rent Includes None
Status Active
Directions Contact LA/CoLA
High School Jefferson
City Portland
Disclosures Exempt
Number Of Units Total 68
MLS Area _142
Lot Size Square Feet 17424.0
Listing Terms Cash Conventional
Elementary School Vernon
Tax Annual Amount 240282.0
Middle/Junior High School Vernon
Property Condition NewConstruction
Virtual Tour https://www.youtube.com/watch?v=Z47xiF8tUHc
Standard Status Active
Accessory Dwelling Unit Y/N N
Legal Description INA PK BLK 11 LTS 11-12 EXC PT IN ST/ALLEY; MELROSE S50' E107' LT13 EXC PT ST; CARUTHERS ADD BLK161 LT3
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Exterior
Lot Features Level PublicRoad
Water Source PublicWater
Exterior Description Aluminum CementSiding MetalSiding Other
Building Area Total 35904.0
Lot Size Acres 0.4
Road Surface Type Paved
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Interior
Hot Water Electricity Tank
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 1
Unit 5 Beds Total 2
Unit 6 Beds Total 2
Unit 7 Beds Total 0
Unit 8 Beds Total 1
Unit 9 Beds Total 0
Unit Type UnitTypeType1 UnitTypeType10 UnitTypeType2 UnitTypeType3 UnitTypeType4 UnitTypeType5 UnitTypeType6 UnitTypeType7 UnitTypeType8 UnitTypeType9
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Internal Only
Street Number 1 2425
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* Excluded Features
List By
Keller Williams Realty Portland Premiere

Broker

503-709-4632

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Affordability Calculator

$130,184
Per Month
85%
15%
0%
Monthly Principal & Interest
$110,161
Monthly Property Taxes
$20,024
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 7.375% 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
1951195 Elementary School
1949638 Middle School
Jefferson High School High School
See complete school information
Pricing History
DatePricePrice ChangeDescription
10/6/2026$15,949,700 -48.34% Price Down
8/26/2026$30,875,000 Listed Price

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2425 NE Alberta ST, Portland, OR, 97211 is a Multi-Family Home for sale at $15,949,700 with 35,904 sqft and a lot size of 0.4. 2425 NE Alberta ST has 7 bedrooms, 10.0 baths, and was built in 2025. The property's zip code is 97211 which is in Portland, OR

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