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.
Active
Price cut: $14.9M (10/6)
$15,949,700
2425 NE Alberta St, Portland, OR 97211
51beds
35,904sqft
Multi Family
Built in 2025
-- sqft lot
$-- Zestimate®
$444/sqft
$-- HOA
What's special
High end finishes
- 445 days
- 347
- 14
Likely to sell faster than
Zillow last checked:
Listing updated:
Listed by:
Darryl Bodle 503-709-4632,
Keller Williams Realty Portland Premiere,
Kelly Christian 908-328-1873,
Keller Williams Realty Portland Premiere
Source: RMLS (OR),MLS#: 792913119
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 51
- Bathrooms: 68
- Full bathrooms: 68
Heating
- Heat Pump, Mini Split
Cooling
- Heat Pump
Appliances
- Included: Electric Water Heater, Tank Water Heater
Interior area
- Total structure area: 35,904
- Total interior livable area: 35,904 sqft
Video & virtual tour
Property
Features
- Has view: Yes
- View description: City, Trees/Woods
Lot
- Size: 0.4 Acres
- Features: Level, Acres 1 to 3
Details
- Parcel number: New Construction
- Zoning: See OM
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Materials
- Aluminum Siding, Cement Siding, Metal Siding, Other
- Roof: Composition,Flat,Metal
Condition
- New Construction
- Year built: 2025
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & HOA
Location
- Region: Portland
Financial & listing details
- Price per square foot: $444/sqft
- Annual tax amount: $240,282
- Date on market: 8/8/2025
- Listing terms: Cash,Conventional
- Total actual rent: 101771
- Road surface type: Paved
Estimated market value
Not available
Estimated sales range
Not available
Not available
Price history
| Date | Event | Price |
|---|---|---|
| 10/6/2026 | Price change | $15,949,700-48.3%$444/sqft |
Source:  RMLS (OR) #792913119 Report a problem | ||
| 8/26/2026 | Listed for sale | $30,875,000$860/sqft |
Source: RMLS (OR) #792913119 Report a problem | ||
| 8/10/2026 | Listing removed | $30,875,000$860/sqft |
Source: RMLS (OR) #792913119 Report a problem | ||
| 8/8/2025 | Listed for sale | $30,875,000$860/sqft |
Source: RMLS (OR) #792913119 Report a problem | ||
Public tax history
Tax history is unavailable.
Monthly payment
Est. payment
Payment breakdown
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Neighborhood: Concordia
Nearby schools
Schools provided by the listing agent
- Elementary: Vernon
- Middle: Vernon
- High: Jefferson
Source: RMLS (OR). This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
