NEW CONSTRUCTION

For sale

$30,875,000

Est. $191,351/mo —

—

•

134 ba

•

67,286

sq ft

2425 NE Alberta St, Portland, OR 97211

About this home

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.

Multi-familyProperty Type

2025Year Built

1.11 acresLot Size

$459Price/Sq.Ft.

Listed by Darryl Bodle • Keller Williams Realty Portland Premiere

Listed by Kelly Christian • Keller Williams Realty Portland Premiere

Contact: 503-709-4632

Listing updated: Sep 21, 2026 at 12:13am

Redfin checked: 2 minutes ago

•Source:RMLS #792913119

Payment calculator

$191,351 per month

Principal and interest$168,498

Property taxes

$20,024

HOA dues

Home insurance

$2,830

Utilities

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Open houses

No upcoming open houses.

Nearby open houses (10)

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Heather Quirke • D. R. Horton, Inc Portland
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Redfin

Around this home

Schools

K - 12
Preschool & daycare

Vernon Elementary School

Public PreK-8 • Assigned • 0.3mi

9/10

Jefferson High School

Public 9-12 • Assigned • 1.6mi

5/10

Provided by GreatSchools

About Alberta Arts

District

Alberta Arts District, located between NE Martin Luther King Jr Blvd and NE 33rd Ave, is a creative and walkable Portland neighborhood with mural-lined storefronts and early-20th-century bungalows. The neighborhood’s character concentrates along NE Alberta Street around NE 15th Ave, where galleries, indie boutiques, coffee counters, and late-night bites keep the sidewalks active. Alberta Rose Theatre and Last Thursday on Alberta act as cultural pillars, with Salt & Straw’s original Alberta shop adding a local ritual. Side streets mix Craftsman homes with small apartment courts and pocket gardens. Alberta Park and nearby Fernhill Park frame daily routines with courts, paths, and open lawns. Bike lanes and frequent bus service tie Alberta Street to the rest of the city.

Provided by Walk Score and Local Logic

Property details

Interior
Exterior
Finance

Kitchen

Bathroom

Bedroom

Living

Dining

Interior features
Mini split heating
Wall heaters
Heat pump cooling
Electric hot water

Bedrooms
Unit mix includes 1-bedroom and 2-bedroom units

Bathrooms
Units with 1 bathroom and units with 2 bathrooms

Kitchen
Dishwasher
Microwave
Range

Laundry & utility
Electric utilities

Sale and tax history for 2425 NE Alberta St

Sale History
Tax History

Public record

Public record
Zoning

Beds

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Baths

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Stories

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Lot width

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Lot depth

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Lot size

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Year renovated

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Finished Sq. Ft.

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Unfinished Sq. Ft.

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Total Sq. Ft.

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Year built

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Style

Multi-Family (5+ Unit)

County

Multnomah County

APN

New Construction

Parking Spaces

—

Basement

—

Accessible

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HOA Dues

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Garage

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Features

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Last updated by owner on Aug 8, 2025.

CM2

Commercial/Mixed Use 2

The Commercial/Mixed Use 2 (CM2) zone is a medium scale zone intended for sites in a variety of centers, along corridors, and in other mixed use areas that have frequent transit service. The zone allows a wide range and mix of commercial and residential uses, as well as employment uses that have limited off-site impacts. Buildings in this zone will generally be up to four stories tall unless height and floor area bonuses are used, or plan district provisions specify other height limits. Development is intended to be pedestrian-oriented, provide a strong relationship between buildings and sidewalks, and complement the scale of surrounding residentially zoned areas.

Zone overlays

Centers Main Street Overlay Zone
Design Overlay Zone
Aircraft Landing Zone

Permitted uses

Include but are not limited to:

Religious facility
Automotive repair garage
Day care facility
General retail
Hospital / medical center
Housing
Office
Educational / school
Recreation-Other
Park & open space

Climate risks

1/10 Flood Factor

Minimal risk of a flood reaching the building in the next 30 years

1/10 Fire Factor

Unlikely to be in a wildfire in next 30 years

3/10 Heat Factor

7 days above 91° expected this year, 14 days in 30 years

1/10 Wind Factor

Minimal risk of severe winds over next 30 years

10/10 Air Factor

20 unhealthy days expected this year, 21 days in 30 years

Provided by First Street

Historical weather

Portland, OR • 97211

Average low and high temperatures (°F)

Jan

Feb

Mar

Apr

May

Jun

Jul

Aug

Sep

Oct

Nov

Dec

Sun exposure

87/ 100

Very good sunlight

Sunscore

This home ranks in the top 25% for direct sun exposure in Portland. There appears to be minimal shading by surrounding buildings, terrain, and vegetation.

10.6 hrs

6.2 hrs

JuneDecember

Provided by Shadowmap

Redfin Estimate for 2425 NE Alberta St

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