Historic Alberta House Investment
For Sale
$1,500,000
5131 NE 23RD, Portland, OR 97211
Iconic property in Alberta Arts District with investment potential.
Property Size7,451 SF
Price / SF$201.32
Days on Market481
Property Features for 5131 NE 23RD
General Information
Standard status
Active
Size
7,451 SF
Building Details
Year Built
1924
Listing Agency:
WINDERMERE REALTY TRUST
Listed By:
BEN DROUKAS PC
Source:
Corcoran
Added: May 13, 2025
Changed: Mar 16
Last Checked: Mar 16 at 9:09AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of WINDERMERE REALTY TRUST
Investment Insights
Based on property information with market context.
The Historic Alberta House, located at 5131 NE 23rd Ave in Portland, Oregon, presents a unique investment opportunity. Formerly a Masonic lodge, a local church, and most recently the Cerimon House, this property is situated in the Concordia neighborhood, within the Alberta Arts District. The area is a cultural hub, surrounded by diverse shops, restaurants, and cultural hotspots on Alberta Street and Killingsworth Street. The neighborhood combines historic charm with urban convenience, with nearby parks like Alberta Park and Fernhill Park offering green spaces. The property size is 7451 square feet.
Key Highlights
- Unique investment opportunity in the Historic Alberta House with potential for significant returns.
- Located in the vibrant Concordia neighborhood within the Alberta Arts District.
- Rich history as a former Masonic lodge, church, and Cerimon House.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
1,159
Businesses Nearby
Explore this area
Business Placement
Demographics for 97211, OR
33,762
Population
15,106
Households
2.2
Avg Household Size
38
Median Age
56%
College-Educated
96%
High-School Grad
7.1 sq mi
ZIP Area
4,755
Density / Sq Mi
$109,604
Median Household Income
$59,171
Median Earnings
$1,818
Median Rent
$616,800
Median Home Value
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Church & religious facility - Iconic property in Alberta Arts District with investment potential.
Where is this church & religious facility located?
The property is located at 5131 NE 23RD Portland, OR.
What is the asking price?
The asking price for this property is $1,500,000.
What are key features of this property?
This property features: Unique investment opportunity in the Historic Alberta House with potential for significant returns.; Located in the vibrant Concordia neighborhood within the Alberta Arts District.; Rich history as a former Masonic lodge, church, and Cerimon House.
