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121-Unit Apartment Portfolio
For Sale
$30,875,000

2425 NE Alberta ST, Portland, OR 97211

Multibuilding portfolio combines apartments, townhomes, and retail spaces in established Portland districts.

Property SizeContact for details
Days on Market47

Property Features for 2425 NE Alberta ST

General Information

Standard status Active
Property subtype Multi Family
Zoning remarks
Net Operating Income $1,694,989

Taxes and HOA fees

Annual Taxes $240,282

Building Details

Year Built 2025
Buildings 9
Listing Agency:
Listed By: The Nieland Team
Source: Nielandhomes.idxbroker
Added: Jul 13 Changed: Aug 28 Last Checked: Aug 28 at 7:03AM

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 The Nieland Team

Investment Insights

Based on property information with market context.

This apartment portfolio includes 9 buildings and 121 units, with a varied configuration of apartments and townhomes. Retail spaces are also part of the collection, creating a broader property mix across the portfolio. Construction dates range from 2023 through 2025, and the buildings feature modern design and high-end finishes.

The properties are distributed across Portland, including the Alberta Arts District, Hollywood, and South Waterfront. The portfolio combines residential buildings and retail components across three distinct Portland areas.

Key Highlights

  • 9‑building portfolio with 121 units
  • Mix of townhomes, apartments, and retail spaces
  • Buildings constructed between 2023–2025

Property Analytics

Current Use

Retail space

Suggested Use

Top Pick Law Firm Real Estate Agency Dental Office Parking Lot & Garage HVAC Service Accounting Firm

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

1,071
Businesses Nearby

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

Market

Vacancy Rate% for Multifamily in West region

7% 2022
7.8% 2023
8.6% 2024
8.6% 2025
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Apartment building - Multibuilding portfolio combines apartments, townhomes, and retail spaces in established Portland districts.
Where is this apartment building located?
The property is located at 2425 NE Alberta ST Portland, OR.
What is the asking price?
The asking price for this property is $30,875,000.
What are key features of this property?
This property features: 9‑building portfolio with 121 units; Mix of townhomes, apartments, and retail spaces; Buildings constructed between 2023–2025
More about this property
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