HOT Alberta Neighborhood Opportunity! With R2.5 zoning, the possibilities are endless—renovate, expand, or add additional units to maximize value. Seize this rare investment opportunity in the highly desirable Alberta neighborhood! With R2.5 zoning, this property allows for higher-density residential development, including duplexes, attached homes, or additional dwelling units, making it an exceptional investment or redevelopment opportunity. Whether you're an investor or a buyer with a vision, this home is ready for transformation.Don’t miss this rare chance to own a spacious home in the highly sought-after Alberta neighborhood! Perfect for buyers with a vision, this cosmetic fixer offers incredible potential to create something truly spectacular.Built with solid construction and updated in the mid-1980s with modernized renovation.This property is a rare find with huge space and even bigger potential. A perfect chance to create something truly spectacular.The home boasts solid construction and great bones. Don’t wait—properties with this much potential in such a coveted area don’t last long. Contact us today to schedule a viewing and plan your dream home or next investment project! Key Highlights: Zoned R2.5: Exceptional investment potential. Make this property your next big success story!
Single-familyProperty Type
1900Year Built
5,227 sq ftLot Size
$226Est. Price/Sq.Ft.
Listed by Cynthia Riley• Keller Williams PDX Central
*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.
Public record
Public record
Zoning
Permits
Beds
4
Baths
2
Stories
3
Lot width
—
Lot depth
—
Lot size
5,227
Year renovated
1900
Sq. Ft.
2,343
Year built
1900
Style
Single Family Residential
County
Multnomah County
APN
R211548
Parking Spaces
0
Basement
Yes
Accessible
No
HOA Dues
—
Garage
No
Features
—
Last updated by owner on May 12, 2025.
R2.5
Residential 2,500 zone
The single-dwelling zones are intended to preserve land for housing and to provide housing opportunities for individual households. The zones implement the comprehensive plan policies and designations for single-dwelling housing and provide options for infill housing that is compatible with the scale of the single-dwelling neighborhood.
Permitted uses
Include but are not limited to:
Housing
Jul 7, 2025 • Final
Plumbing
Perform a sewer burst repair.
Plumbing
May 30, 2025 • Final
Bes - sewer repair
Replace the existing sewer lateral from the property line to the face of the curb using pipe bursting methods. Verify the depth, location, and downstream connection point to the public system in the field.
Plumbing
Permit history is from public records and may be incomplete or inaccurate. Redfin and its agents make no representations about the property condition or permit status. Buyers should independently verify all information.
Property details
Interior
Interior Features
Basement: Unfinished
Bathroom Information
Bathrooms Full: 2
Bathrooms Full Main Level: 1
Bathrooms Full Upper Level: 1
Bathrooms Total Integer: 2
Bathrooms Total Main Level: 1
Bathrooms Total Upper Level: 1
Baths Total: 2
Room 4 Information
Description: 4th Bedroom
Level: Upper
Room 7 Information
Description: 2nd Bedroom
Level: Upper
Room 8 Information
Description: 3rd Bedroom
Level: Upper
Room 9 Information
Description: Dining Room
Level: Main
Room 10 Information
Description: Family Room
Room 11 Information
Description: Kitchen
Level: Main
Room 12 Information
Description: Living Room
Level: Main
Room 13 Information
Description: Primary Bedroom
Level: Upper
Room 14 Information
Description: Great Room
Exterior
Exterior Features
Exterior Description: Metal Siding
Lot Information
Lot Size Square Feet: 5,227
Lot Size Range: 5,000 to 6,999 SqFt
Lot Size Acres: 0.12
Lot Size: 5,000 to 6,999 SqFt
Parcel Number: R211548
Property Information
Property Type: Residential
Property Sub Type: Single Family Residence
Property Attached YN: No
Property Condition: Resale
Upper Level Area Total: 864
Main Level Area Total: 984
Lower Level Area Total: 495
View YN: No
Building Information
Year Built: 1900
Building Area Total: 2,343
Building Area Description: taxes
Building Area Calculated: 1,848
Financial
Tax Information
Tax Year: 2024
Tax Legal Description: MAEGLY HIGHLAND, BLOCK 3, LOT 18
Tax Annual Amount: $1,299.23
Lease / Rent Information
Land Lease YN: No
Utilities
Utility Information
Green Certification YN: No
Fuel Description: Gas
Water Source: Public Water
Sewer: Public Sewer
Heating & Cooling
Heating YN: Yes
Heating: Forced Air
Cooling YN: No
Location
School Information
Elementary School: MartinL King Jr
Middle Or Junior School: Harriet Tubman
High School: Grant
Location Information
Directions: South of Alberta
Unparsed Address: 4924 NE RODNEY AVE, Portland, OR 97211
Community Information
Senior Community YN: No
Public facts
Beds: 4
Baths: 2.0
Sq. Ft.: 2,343
Stories: 2.0
Parking Spaces: 0
Basement: Yes
Accessible: No
Lot Size: 5,227 square feet
Style: Single Family Residential
Year Built: 1900
Year Renovated: 1900
County: Multnomah County
APN: R211548
HOA Dues: —
Garage: No
Features: —
Home facts updated by owner on May 12, 2025
Other
Listing Information
MlsStatus: Sold
Listing Price Information
Price Type: List Price
New Construction Information
New Construction YN: No
Around this home
Schools
K - 12
Preschool & daycare
Martin Luther King Jr. School
Public PreK-5 • Assigned • 0.3mi
8/10
Harriet Tubman Middle School
Public 6-8 • Assigned • 1.4mi
8/10
Jefferson High School
Public 9-12 • Assigned • 0.4mi
5/10
Provided by GreatSchools
Lifestyle
Provided by Walk Score and Local Logic
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 92° 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
19 unhealthy days expected this year, 20 days in 30 years
Provided by First Street
Historical weather
Portland, OR • 97211
Average low and high temperatures (°F)
47
36
50
38
57
44
65
46
70
51
76
55
82
59
82
63
76
58
62
48
53
44
51
42
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Sun exposure
In this area, properties receive around 9.7 hours in
June and 2 hours in December, placing it below the
U.S. average for solar exposure.
9.7 hrs
2 hrs
JuneDecember
Provided by Shadowmap
Estimated sale price
$504,000 – $610,000
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