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25779831

2465 NE Alberta St, Portland, OR 97211

DB
199910100, 25965 (+3)
Keller Williams Realty Portland Premiere
Keller Williams Realty Portland Premiere
Listed by Keller Williams Realty Portland Premiere
$9,599,900
305 days on market
Updated 31 days ago

NEW 32 Unit Apartment Building in Alberta Arts

Details
Property Type Mixed Use, Multifamily
Sub Type Apartment Building, Student Housing
Square Footage 22,241
Units 32
Pro-Forma Cap Rate 5.77%
Pro-Forma NOI $553,593
Year Built 2025
Buildings 1
Stories 4
Zoning CM2

Mixed Use | 22,241 SqFt

Marketing description

ntroducing 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.

Investment highlights

  • NEW 32 unit apartment building with 2 retail spaces

  • Desirable unit mix: studios - 2 bed

  • Prime Alberta Arts location

Listing Contacts

DB
199910100, 25965 (+3)
Keller Williams Realty Portland Premiere
Keller Williams Realty Portland Premiere
Listed by Keller Williams Realty Portland Premiere

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