2425 NE Alberta St

Portland, OR 97211

$30,875,000
Price
—
Beds
—
Baths
67,286 Sq. Ft.
$459 / Sq. Ft.
67,286
Sq. Ft.
$459
per Sq. Ft.
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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...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.
  1. Listed by Darryl Bodle • Keller Williams Realty Portland Premiere • 503-709-4632
  2. Listed by Kelly Christian • Keller Williams Realty Portland Premiere

Property Details for 2425 Northeast Alberta Street

Zoning
remarks
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City, Trees Woods
LISTING UPDATED: 04/04/2026 12:12 AM

Property Details for 2425 Northeast Alberta Street

StatusActive
MLS #792913119
Days on Market239
Taxes$240,282 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeMulti Family
Year Built2025
Lot Size1.11 AC / 48,351 SF
CountyMultnomah County
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Location

Listing Courtesy of Keller Williams Realty Portland Premiere
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Building Information for 2425 Northeast Alberta Street

Stories-Residences121Year Built2025Building Size-Lot Size1.11 AC / 48,351 SF

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$175,495 per month

30 year fixed, 6.46% Interest

Principal and Interest

$155,472

Property Taxes

$20,024

HOA Dues

$0

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Property Information for 2425 Northeast Alberta Street

Summary
Location and General Information
  • Country: US
  • Directions: See Remarks
  • Road Surface: Paved
School Information
  • Elementary School: Vernon
  • High School: Jefferson
  • Middle Or Junior School: Vernon
Taxes and HOA
  • Tax Year: 2024
  • Tax Annual Amount: $240,282.00
  • Parcel Number: New Construction
  • Tax Legal Description: TBD
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Property
Lot Information
  • Acres: 1.11
  • Lot Size Square Feet: 48351.0
  • Lot Size Range: Acres1to3
  • Lot Size: 1 to 2.99 Acres
Property and Assessments
  • Property Type: Multi Family
  • Water Description: Public Water
  • Property Condition: New Construction
  • Year Built: 2025
Utilities
  • Cooling Description: Heat Pump
  • Fuel Description: Electricity
  • Heating Description: Mini Split, Wall Heater
  • Hot Water Description: Electricity
  • Sewer Description: Public Sewer
  • Rent Includes: None
Interior and Exterior Features
Exterior Features
  • Exterior Description: Aluminum, Cement Siding, Metal Siding, Other
  • Roof Type: Composition, Flat, Metal
Multi Family
Multi-Family Information
  • Number Of Units Total: 121
  • Gross Income Actual: $2,294,175.00
  • Gross Rent Multiplier: $13.46
  • Investor Information: According To Owner
  • Net Income Actual: $1,694,989.00
  • Operating Expense: $599,186.00
  • Unit Type Type: Unit Type Type1, Unit Type Type2, Unit Type Type3, Unit Type Type4, Unit Type Type5, Unit Type Type6
  • SqFt Approximate Building Total: 67286
Unit 1 Information
  • Unit Type 1 Baths Total: 0
  • Unit Type 1 Baths Decimal: .00
  • Unit Type 1 Beds Total: 0
  • Unit Type 1 Rent: $2,021
  • Unit Type 1 SqFt: 4785.0
  • Unit Type 1 Units Total: 2
Unit 2 Information
  • Unit Type 2 Baths Total: 2
  • Unit Type 2 Baths Decimal: 2.00
  • Unit Type 2 Beds Total: 2
  • Unit Type 2 Features: Air Conditioning, Dishwasher, Microwave, Range
  • Unit Type 2 Rent: $2,250
  • Unit Type 2 SqFt: 1044.0
  • Unit Type 2 Units Total: 11
Unit 3 Information
  • Unit Type 3 Baths Total: 2
  • Unit Type 3 Baths Decimal: 1.10
  • Unit Type 3 Beds Total: 2
  • Unit Type 3 Features: Air Conditioning, Dishwasher, Microwave, Range
  • Unit Type 3 Rent: $1,825
  • Unit Type 3 SqFt: 911.0
  • Unit Type 3 Units Total: 4
Unit 4 Information
  • Unit Type 4 Baths Total: 1
  • Unit Type 4 Baths Decimal: 1.00
  • Unit Type 4 Beds Total: 2
  • Unit Type 4 Features: Air Conditioning, Dishwasher, Microwave, Range
  • Unit Type 4 Rent: $1,750
  • Unit Type 4 SqFt: 692
  • Unit Type 4 UnitsTotal: 11
Unit 5 Information
  • Unit Type 5 Baths Total: 1
  • Unit Type 5 Baths Decimal: 1.00
  • Unit Type 5 Beds Total: 1
  • Unit Type 5 Features: Air Conditioning, Dishwasher, Microwave, Range
  • Unit Type 5 Rent: $1,695
  • Unit Type 5 SqFt: 656.0
  • Unit Type 5 Units Total: 69
Unit 6 Information
  • Unit Type 6 Baths Total: 1
  • Unit Type 6 Baths Decimal: 1.00
  • Unit Type 6 Beds Total: 0
  • Unit Type 6 Features: Air Conditioning, Dishwasher, Microwave, Range
  • Unit Type 6 Rent: $1,400
  • Unit Type 6 SqFt: 553.0
  • Unit Type 6 Units Total: 24

Public Records for 2425 Northeast Alberta Street

Taxable ValueLand-Additions-Total-
Tax Record2023$2,252 ($188 / month)
Home Facts
Baths1.5Total Finished SqFt1,728 SqFtAbove Grade Finished SqFt1,728 SqFtStories1Lot Size7,520 SqFtStyleCommercialYear Built1914ZoningCMCountyMULTNOMAHAPN1N1E24BB 25300

Schools near 2425 Northeast Alberta Street

This home is within Portland School District 1j.
Rating
School
Type
Grades
Distance
Vernon Elementary School
Public - PK to 8
Leodis V. McDaniel High School
Public - 9 to 12
Jefferson High School
Public - 9 to 12
Kairos PDX
Charter - K to 5
Rating
School
Distance
Vernon Elementary School
PublicPK to 8

Leodis V. McDaniel High School
Public9 to 12

Jefferson High School
Public9 to 12

Kairos PDX
CharterK to 5

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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More information about 2425 Northeast Alberta Street, Portland, OR 97211

2425 Northeast Alberta Street is a multi-family home for sale in Portland, OR 97211. This property was listed for sale on August 8, 2025 by Keller Williams Realty Portland Premiere, it's currently listed at $30,875,000. This listing's school district is Portland School District 1j. Nearby schools include Vernon Elementary School, Leodis V. McDaniel High School and Jefferson High School. 2425 Northeast Alberta Street is a 0-bed, 0-bath, 67,286 sqft multi-family home built in 2025.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass, Inc., its subsidiaries, affiliates and their agents and associated third parties expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Keller Williams Realty Portland Premiere

All information provided is deemed reliable but is not guaranteed and should be independently verified. The content relating to real estate for sale on this web site comes in part from the IDX program of the RMLS of Portland Oregon. Real estate listings held by brokerage firms other than Compass are marked with the RMLS logo and detailed information about these properties includes the names of the listing brokers. Copyright © 2026 RMLS, Portland, Oregon. Last updated: 04/04/2026 12:12 AM