Turn-key 18 unit mixed-use development opportunity in the heart of Alberta Arts district. Land and plans for fully entitled project ready for developer/builder to get it done. Architect and engineer ready to go to permits with +/-4 more weeks of work. Located on the busiest intersection on NE Alberta this project features 3 floors of residential apartments over ground floor retail. Existing income in place until you break ground.
Sold for $6,700,000
$6,700,000
1477 NE Alberta St, Portland, OR 97211
--beds
2baths
14,391sqft
Apartment
Built in 2020
-- sqft lot
$-- Zestimate®
$466/sqft
$3,068 Estimated rent
Home value
Not available
Estimated sales range
Not available
$3,068/mo
Zestimate® history
Owner options
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$3,068/mo
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$3,068/mo
Rent Zestimate®
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$33,685/mo
Est. payment
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$33,685/mo
Est. payment
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List your homeWhat's special
Facts & features
Interior
Bedrooms & bathrooms
- Bathrooms: 2
Interior area
- Total interior livable area: 14,391 sqft
Property
Lot
- Size: 5,577 Square Feet
Details
- Parcel number: R674499
Construction
Type & style
- Home type: Apartment
Condition
- Year built: 2020
Community & HOA
Location
- Region: Portland
Financial & listing details
- Price per square foot: $466/sqft
- Tax assessed value: $6,572,300
- Annual tax amount: $75,425
Price history
| Date | Event | Price |
|---|---|---|
| 5/28/2026 | Sold | $6,700,000+570%$466/sqft |
Source: Public Record Report a problem | ||
| 9/13/2017 | Sold | $1,000,000+344.4%$69/sqft |
Source: Public Record Report a problem | ||
| 7/30/2004 | Sold | $225,000+12.5%$16/sqft |
Source: Public Record Report a problem | ||
| 4/7/2004 | Sold | $200,000$14/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $75,425 +3.7% | $2,799,220 +3% |
| 2024 | $72,713 +4% | $2,717,690 +3% |
| 2023 | $69,918 +2.2% | $2,638,540 +3% |
| 2022 | $68,403 +2043.3% | $2,561,690 +2070.2% |
| 2021 | $3,191 +9% | $118,040 +3% |
| 2020 | $2,928 +3.8% | $114,610 +3% |
| 2019 | $2,820 | $111,280 +3% |
| 2018 | $2,820 +3% | $108,040 +3% |
| 2017 | $2,738 -50.7% | $104,900 -55.5% |
| 2016 | $5,556 | $235,660 |
Find assessor info on the county website
Neighborhood: Vernon
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Nearby schools
GreatSchools rating
- 9/10Vernon Elementary SchoolGrades: PK-8Distance: 0.4 mi
- 5/10Jefferson High SchoolGrades: 9-12Distance: 1.1 mi
- 4/10Leodis V. McDaniel High SchoolGrades: 9-12Distance: 3.5 mi
- Oregon
- Multnomah County
- Portland
- 97211
- Vernon
- 1477 NE Alberta St
