Step into the heart of Portland’s beloved Alberta Arts District and discover a property unlike any other—a modern-day urban compound where creativity, community, and investment potential come together in a symphony of opportunity.With RM2-zoning, this extraordinary offering features a classic 1920s bungalow as the anchor residence, thoughtfully complemented by three stunning Scandinavian-inspired accessory dwellings completed in 2018 and finalized with the city in 2025. The original bungalow offers timeless charm and a great floor plan. From the moment you approach the front door, the original charm is evident. With its wide front porch, classic trim details, and generous windows, the home exudes warmth and authenticity. The spacious floor plan includes a well-proportioned living room, a large kitchen, 2 bedrooms, and a cozy sunporch. Beneath it all, a large unfinished basement provides over 800 square feet of blank canvas. Whether you’re dreaming of a vibrant family home, envisioning a collaborative artist collective, or looking for a high-performing income property, this property was designed to evolve with your vision. Don't miss this unique opportunity! [Home Energy Score = 8. HES Report at https://rpt.greenbuildingregistry.com/hes/OR10201216]
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Street View
$785,000
3265 NE Alberta St, Portland, OR 97211
4beds
2,871sqft
Residential, Single Family Residence
Built in 1922
5,662.8 Square Feet Lot
$786,700 Zestimate®
$273/sqft
$4,081 Estimated rent
Home value
$786,700
Estimated sales range
Not available
$4,081/mo
Zestimate® history
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Zillow last checked:
Listing updated:
Listed by:
Dori Olmsted 503-481-5686,
Cascade Hasson Sotheby's International Realty
Bought with:
Jason Anderson, 201215662
Real Broker
Source: RMLS (OR),MLS#: 303559325
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 3
- Full bathrooms: 2
- Partial bathrooms: 1
- Main level bathrooms: 3
Primary bedroom
- Features: Hardwood Floors
- Level: Main
- Area: 121
- Dimensions: 11 x 11
Bedroom 2
- Features: Hardwood Floors
- Level: Main
- Area: 121
- Dimensions: 11 x 11
Bedroom 3
- Level: Main
Bedroom 4
- Level: Main
- Area: 154
- Dimensions: 14 x 11
Kitchen
- Features: Exterior Entry, Kitchen Dining Room Combo, Free Standing Range, Free Standing Refrigerator
- Level: Main
- Area: 169
- Width: 13
Living room
- Features: Builtin Features, Hardwood Floors
- Level: Main
- Area: 195
- Dimensions: 15 x 13
Heating
- Forced Air, Mini Split, Wood Stove
Cooling
- Has cooling: Yes
Appliances
- Included: Free-Standing Range, Free-Standing Refrigerator, Washer/Dryer, Tankless Water Heater
Features
- Ceiling Fan(s), High Ceilings, Soaking Tub, Vaulted Ceiling(s), Sauna, Kitchen Island, Kitchen, Kitchen Dining Room Combo, Built-in Features, Bathroom, Closet, Loft, Pantry
- Flooring: Hardwood, Wood
- Windows: Storm Window(s), Skylight(s)
- Basement: Exterior Entry,Full,Unfinished
- Number of fireplaces: 1
- Fireplace features: Stove
Interior area
- Total structure area: 2,871
- Total interior livable area: 2,871 sqft
Property
Parking
- Parking features: Parking Pad
- Has uncovered spaces: Yes
Accessibility
- Accessibility features: Main Floor Bedroom Bath, Walkin Shower, Accessibility
Features
- Stories: 2
- Patio & porch: Patio, Porch
- Exterior features: Sauna, Yard, Exterior Entry
Lot
- Size: 5,662 sqft
- Features: SqFt 5000 to 6999
Details
- Additional structures: Other Structures Bedrooms Total (1), Other Structures Bathrooms Total (2), GuestQuarters, ToolShed, SeparateLivingQuartersApartmentAuxLivingUnit
- Parcel number: R166137
- Zoning: RM2
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Bungalow,Contemporary
- Property subtype: Residential, Single Family Residence
Materials
- Wood Siding
- Foundation: Concrete Perimeter
- Roof: Composition
Condition
- Resale
- New construction: No
- Year built: 1922
Utilities & green energy
- Gas: Gas
- Sewer: Public Sewer
- Water: Public
Community & neighborhood
Location
- Region: Portland
Other
Other facts
- Listing terms: Cash,Conventional
- Road surface type: Paved
Price history
| Date | Event | Price |
|---|---|---|
| 8/29/2025 | Sold | $785,000-4.8%$273/sqft |
Source:  RMLS (OR) #303559325 Report a problem | ||
| 8/5/2025 | Pending sale | $825,000$287/sqft |
Source: RMLS (OR) #303559325 Report a problem | ||
| 7/18/2025 | Listed for sale | $825,000+4.4%$287/sqft |
Source: RMLS (OR) #303559325 Report a problem | ||
| 10/19/2023 | Listing removed | -- |
Source: Zillow Rentals Report a problem | ||
| 10/18/2023 | Listed for rent | $2,200-29%$1/sqft |
Source: Zillow Rentals Report a problem | ||
| 8/14/2023 | Listing removed | -- |
Source: Zillow Rentals Report a problem | ||
| 7/28/2023 | Listed for rent | $3,100+33.3%$1/sqft |
Source: Zillow Rentals Report a problem | ||
| 8/17/2022 | Sold | $790,000-6.9%$275/sqft |
Source: RMLS (OR) #22342312 Report a problem | ||
| 7/15/2022 | Pending sale | $849,000$296/sqft |
Source: RMLS (OR) #22342312 Report a problem | ||
| 7/3/2022 | Price change | $849,000-5.6%$296/sqft |
Source: RMLS (OR) #22342312 Report a problem | ||
| 6/27/2022 | Pending sale | $899,000$313/sqft |
Source: RMLS (OR) #22342312 Report a problem | ||
| 6/7/2022 | Price change | $899,000-7.8%$313/sqft |
Source: RMLS (OR) #22342312 Report a problem | ||
| 6/1/2022 | Price change | $974,9990%$340/sqft |
Source: RMLS (OR) #22342312 Report a problem | ||
| 5/12/2022 | Price change | $975,000-2.4%$340/sqft |
Source: RMLS (OR) #22342312 Report a problem | ||
| 4/29/2022 | Listed for sale | $999,000+149.8%$348/sqft |
Source: John L Scott Real Estate #22486513 Report a problem | ||
| 4/8/2022 | Listing removed | -- |
Source: Zillow Rental Manager Report a problem | ||
| 4/4/2022 | Listed for rent | $2,325+16.5%$1/sqft |
Source: Zillow Rental Manager Report a problem | ||
| 3/24/2021 | Listing removed | -- |
Source: Owner Report a problem | ||
| 3/8/2019 | Listing removed | $1,995$1/sqft |
Source: Owner Report a problem | ||
| 2/16/2019 | Listed for rent | $1,995$1/sqft |
Source: Owner Report a problem | ||
| 10/25/2018 | Listing removed | $1,995$1/sqft |
Source: Owner Report a problem | ||
| 10/8/2018 | Price change | $1,995-11.3%$1/sqft |
Source: Owner Report a problem | ||
| 9/7/2018 | Listed for rent | $2,250$1/sqft |
Source: Owner Report a problem | ||
| 7/6/2016 | Sold | $399,900$139/sqft |
Source: Public Record Report a problem | ||
| 6/18/2016 | Pending sale | $399,900$139/sqft |
Source: Where, Inc #16094488 Report a problem | ||
| 6/11/2016 | Price change | $399,900+3.9%$139/sqft |
Source: Where, Inc #16094488 Report a problem | ||
| 6/1/2016 | Listed for sale | $385,000+48.1%$134/sqft |
Source: Where, Inc #16639636 Report a problem | ||
| 12/15/2009 | Sold | $259,900+40.5%$91/sqft |
Source: Public Record Report a problem | ||
| 8/2/2004 | Sold | $185,000$64/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $6,837 +3.7% | $253,740 +3% |
| 2024 | $6,591 +4% | $246,350 +3% |
| 2023 | $6,338 +17.1% | $239,180 +18% |
| 2022 | $5,412 +1.7% | $202,680 +3% |
| 2021 | $5,320 +9% | $196,780 +3% |
| 2020 | $4,881 +3.8% | $191,050 +3% |
| 2019 | $4,701 | $185,490 +97% |
| 2018 | $4,701 +97% | $94,170 +3% |
| 2017 | $2,386 +25% | $91,430 +12.9% |
| 2016 | $1,909 | $80,960 +3% |
| 2015 | $1,909 +2.7% | $78,610 +3% |
| 2014 | $1,859 +3.9% | $76,330 +3% |
| 2013 | $1,789 +10.5% | $74,110 +3% |
| 2012 | $1,618 +3.9% | $71,960 +3% |
| 2011 | $1,557 +5.4% | $69,870 +3% |
| 2010 | $1,478 +2.7% | $67,840 +3% |
| 2009 | $1,439 +6% | $65,870 +3% |
| 2008 | $1,358 +0.3% | $63,960 +3% |
| 2007 | $1,354 +11.3% | $62,100 +3% |
| 2006 | $1,216 +4.7% | $60,300 +3% |
| 2005 | $1,162 -8.2% | $58,550 +3% |
| 2004 | $1,265 +2.3% | $56,850 +3% |
| 2003 | $1,238 +8.9% | $55,200 +3% |
| 2002 | $1,137 +7.4% | $53,600 +6.1% |
| 2000 | $1,059 | $50,530 |
Find assessor info on the county website
Neighborhood: Concordia
Nearby schools
GreatSchools rating
- 9/10Vernon Elementary SchoolGrades: PK-8Distance: 0.6 mi
- 5/10Jefferson High SchoolGrades: 9-12Distance: 2 mi
- 4/10Leodis V. McDaniel High SchoolGrades: 9-12Distance: 2.7 mi
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.
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Estimated market value
$786,700
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Estimated market value
$786,700
- Oregon
- Multnomah County
- Portland
- 97211
- Concordia
- 3265 NE Alberta St
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