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2425 NE Alberta St, Portland, OR 97211

$30,875,000
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Property Description

Own a rare portfolio of 9 buildings and 121 units, featuring a dynamic mix of townhomes, apartments, and retail spaces. Built between 2023-2025 with high-end finishes throughout, this collection offers strong diversification, modern design, and exceptional tenant appeal. The properties are strategically located across some of Portland's most sought-after neighborhoods, including the iconic Alberta Arts District, vibrant Hollywood, and the scenic South Waterfront. A prime opportunity to bolster your investment portfolio with a substantial stake in Portland real estate.

2425 NE Alberta St | MLS# 792913119

This multi-family property located at 2425 NE Alberta St, Portland, OR 97211 is currently listed for sale with an asking price of $30,875,000. Search Portland real estate on juliecarnagey.bendpremierrealestate.com today.

SQUARE FEET67,286 MLS#792913119
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Property Features

Property Type: Multi Unit - Multiple
Cooling: Heat Pump
Fuel Type: Electricity
Heating: Mini Split, WallHeater
Roof Type: Composition, Flat, Metal
Taxes: $240,282
Year Built: 2025
Square Feet: 67,286

Units

Unit Type 1:
Rent: $2021.00
Square Footage: 4785
Total Units: 2
Unit Type 2:
Bathroom(s): 2
Bedrooms: 2
Features: AirConditioning, Dishwasher, Microwave, Range
Rent: $2250.00
Square Footage: 1044
Total Units: 11
Unit Type 3:
Bathroom(s): 2
Bedrooms: 2
Features: AirConditioning, Dishwasher, Microwave, Range
Rent: $1825.00
Square Footage: 911
Total Units: 4
Unit Type 4:
Bathroom(s): 1
Bedrooms: 2
Features: AirConditioning, Dishwasher, Microwave, Range
Rent: $1750.00
Square Footage: 692
Total Units: 11
Unit Type 5:
Bathroom(s): 1
Bedrooms: 1
Features: AirConditioning, Dishwasher, Microwave, Range
Rent: $1695.00
Square Footage: 656
Total Units: 69
Unit Type 6:
Bathroom(s): 1
Features: AirConditioning, Dishwasher, Microwave, Range
Rent: $1400.00
Square Footage: 553
Total Units: 24

Feature Descriptions

Days on Site: 243
Exterior: Aluminum, Cement Siding, Metal Siding, Other
Gross Income: $2294175.00 (Actual)
Hot Water: Electricity
Net Income: $1694989.00 (Actual)
Operating Expenses: $599186.00 (Actual)
Sewer: Public Sewer
Special View Info: City, Trees/Woods
Units: 121
Water: Public Water

Local Schools

High School: Jefferson
Middle School: Vernon
Elementary School: Vernon

Listed By / Shown By

Listed By

Agency Name: Keller Williams Realty Portland Premiere
Agency Contact: 503-709-4632

Shown By

Agent Name: Julie Carnagey Broker
Agent Phone: (541) 410-8583
Agency Title: Bend Premier Real Estate

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Estimated Payment

$ 185,149.51 per month $156,120.80 Principal & Interest $20,023.50 Property Tax $9,005.21 Homeowner's Insurance

Change Payment Information

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(Payments are an estimate and may vary by lender)
550 NW Franklin Ave., Suite 108
Bend, OR 97703
(541) 410-8583
Disclaimer: All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Listing(s) information is provided for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information on this site was last updated 04/09/2026. The listing information on this page last changed on 04/09/2026. The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of Delta Media Group MLS (last updated Thu 04/09/2026 12:10:11 AM EST) or RMLS (last updated Thu 04/09/2026 12:05:22 AM EST) or COAR/MLSCO (last updated Thu 04/09/2026 12:01:24 AM EST). Real estate listings held by brokerage firms other than Bend Premier Real Estate may be marked with the Internet Data Exchange logo and detailed information about those properties will include the name of the listing broker(s) when required by the MLS. All rights reserved.

The content relating to real estate for sale on this web site comes in part from the IDX program of the RMLS of Portland, Oregon. Real estate listings held by other brokerage firms are marked with the RMLS logo, and detailed information about these properties includes the names of the listing brokers. Listing content is copyright © 2026 RMLS, Portland, Oregon. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.

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