Introducing a rare chance to own a newly constructed 32-unit apartment building with 2 retail spaces in one of Portland’s most vibrant and walkable neighborhoods—Alberta Arts. This premier asset blends modern design, long-term durability, and wide-ranging rental appeal, making it a turnkey opportunity for seasoned investors or those looking to grow their portfolio. The building offers a desirable unit mix, from efficient studios to spacious two-bedrooms, each thoughtfully designed with stylish, contemporary interiors. A sleek modern exterior, elevator access, and a welcoming outdoor common area enhance both tenant satisfaction and curb appeal. Located steps from local favorites like Pine State Biscuits, Gumba, Great Notion, and a wide array of art galleries, shops, and eateries, this property sits at the epicenter of culture and convenience. With a strong Walk Score and bike-friendly streets, it's perfect for tenants seeking a connected, car-free lifestyle. Don’t miss the opportunity to secure a top-tier multifamily asset in the iconic Alberta Arts District.
Active
$9,499,900
2465 NE Alberta St, Portland, OR 97211
28beds
22,241sqft
Multi Family
Built in 2025
-- sqft lot
$-- Zestimate®
$427/sqft
$-- HOA
What's special
Modern designElevator accessStylish contemporary interiorsSleek modern exteriorWelcoming outdoor common area
- 447 days
- 146
- 13
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#: 251497797
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 28
- Bathrooms: 34
- Full bathrooms: 34
Heating
- Mini Split
Cooling
- Heat Pump, Air Conditioning
Appliances
- Included: Dishwasher, Range, Electric Water Heater
Interior area
- Total structure area: 22,241
- Total interior livable area: 22,241 sqft
Property
Features
- Stories: 4
- Has view: Yes
- View description: Trees/Woods
Lot
- Size: 7,405 Square Feet
- Dimensions: 100' x 80'
- Features: Corner Lot, SqFt 7000 to 9999
Details
- Parcel number: R186528
- Zoning: CM2
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Materials
- Aluminum Siding, Metal Siding, Other
- Roof: Flat
Condition
- Under Construction
- Year built: 2025
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & HOA
Community
- Features: Commons
- Subdivision: Concordia
Location
- Region: Portland
Financial & listing details
- Price per square foot: $427/sqft
- Tax assessed value: $1,105,670
- Annual tax amount: $13,369
- Date on market: 8/5/2025
- Listing terms: Cash,Conventional
- Total actual rent: 57156
- Road surface type: Paved
Estimated market value
Not available
Estimated sales range
Not available
Not available
Price history
| Date | Event | Price |
|---|---|---|
| 8/25/2026 | Listed for sale | $9,499,900-1%$427/sqft |
Source: | ||
| 8/7/2026 | Listing removed | $9,599,900$432/sqft |
Source: | ||
| 2/5/2026 | Price change | $9,599,900-2%$432/sqft |
Source: | ||
| 12/3/2025 | Price change | $9,799,900-1.5%$441/sqft |
Source: | ||
| 8/6/2025 | Listed for sale | $9,949,900+610.7%$447/sqft |
Source: | ||
| 10/21/2019 | Sold | $1,400,000+89.2%$63/sqft |
Source: Public Record Report a problem | ||
| 7/31/2019 | Listing removed | $2,695-3.6% |
Source: Enko Properties, LLC Report a problem | ||
| 7/18/2019 | Listed for sale | $739,900$33/sqft |
Source: KW Portland Premiere #19609444 Report a problem | ||
| 7/6/2019 | Listed for rent | $2,795 |
Source: Enko Properties, LLC Report a problem | ||
| 6/18/2019 | Listing removed | $739,900$33/sqft |
Source: KW Portland Premiere #19609444 Report a problem | ||
| 6/3/2019 | Price change | $739,900-54.6%$33/sqft |
Source: KW Portland Premiere #19609444 Report a problem | ||
| 1/2/2019 | Price change | $1,629,800-1.2%$73/sqft |
Source: KW Portland Premiere #19609444 Report a problem | ||
| 10/22/2018 | Price change | $1,649,800+120%$74/sqft |
Source: KW Portland Premiere #19609444 Report a problem | ||
| 10/19/2018 | Listed for sale | $749,900-35.7%$34/sqft |
Source: Keller Williams Realty Portland Premiere #18068657 Report a problem | ||
| 10/18/2018 | Sold | $1,167,000+21.6%$52/sqft |
Source: Public Record Report a problem | ||
| 8/18/2017 | Sold | $960,000$43/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $13,369 +3.7% | $496,170 +3% |
| 2024 | $12,889 +472.4% | $481,720 +466.9% |
| 2023 | $2,252 +2.2% | $84,980 +3% |
| 2022 | $2,203 +1.7% | $82,510 +3% |
| 2021 | $2,166 -18.8% | $80,110 -23.2% |
| 2020 | $2,666 +1.2% | $104,370 +0.4% |
| 2019 | $2,636 | $104,000 +3% |
| 2018 | $2,636 +3% | $100,980 +3% |
| 2017 | $2,559 +14% | $98,040 +3% |
| 2016 | $2,244 | $95,190 +3% |
| 2015 | $2,244 +2.7% | $92,420 +3% |
| 2014 | $2,186 +3.9% | $89,730 +3% |
| 2013 | $2,103 +10.5% | $87,120 +3% |
| 2012 | $1,902 +3.9% | $84,590 +3% |
| 2011 | $1,831 +5.4% | $82,130 +3% |
| 2010 | $1,737 +2.7% | $79,740 +3% |
| 2009 | $1,691 +6% | $77,420 +3% |
| 2008 | $1,596 +0.3% | $75,170 +3% |
| 2007 | $1,592 +11.3% | $72,990 +3% |
| 2006 | $1,429 +4.7% | $70,870 +3% |
| 2005 | $1,365 -8.2% | $68,810 +3% |
| 2004 | $1,487 +2.3% | $66,810 +3% |
| 2003 | $1,454 +8.9% | $64,870 +3% |
| 2002 | $1,336 +7.4% | $62,990 +6.1% |
| 2000 | $1,244 +7.5% | $59,380 +3% |
| 1999 | $1,157 | $57,660 |
Find assessor info on the county website
Monthly payment
Est. payment
Payment breakdown
Explore the cost of this home by adjusting the details. Changes won't be saved.Climate risks
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.

