Financial
Distress signals
Property profile

2465 NE Alberta St Portland, OR 97211

FOR SALE
Commercial land
Property ID
US71-0544515
1,728 SF 0.17 ac lot Built 1914
Last sale Oct 2019 · $1,400,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 6-yr Hold Held for 6 years.
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Market Trends Soon
2465 NE Alberta St, Portland, OR 97211 For Sale
$9,499,900 1,728 SF
2465 NE Alberta St, Portland, OR 97211
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Property summary

AI-generated overview

Located at 2465 NE Alberta St in Portland, Oregon, the property is a newly constructed mixed-use development consisting of a 32-unit apartment building and 2 street-level retail spaces. The residential portion includes a mix of studio through two-bedroom units, supported by elevator access for residents. The building includes contemporary interior finishes and a shared outdoor common area for residents. The retail component provides two commercial spaces within the same structure, creating a…

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. In the full report.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with the full report.

Mortgages

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.

Property tax · 2023

What does the county charge?
$2k
Tax billed · 2023
Assessed value$85k
Effective rate2.65%

Value estimate

· Sep 2026
$305k
$275k – $336k
NOI build-up
Gross scheduled income$547k
Vacancy & credit loss−$28k
Operating expenses−$234k
NOI · 3.01% cap applied$286k

Realmo valuation models over county records and 7 qualifying comparable sales.

Recently sold

What actually traded nearby?
$288/SF
Submarket average, outlier-cleaned · 517 recorded sales of this use type
Observed band · Q1–Q3$178 – $432
Qualifying comparables7

Cap rate analysis

How does the asset earn?
3.01%
$286k estimated NOI · market benchmarks for this use type

Price anchors at 6 / 6.5 / 7% — in the full report.

Zoning insight

What can be built here?
CM
JurisdictionMULTNOMAH

Location intelligence

Which uses thrive at this corner?
Best fit: Law Firm
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Law Firm20.3
Realty agency17.6
Dental Office16.3

Location

2465 NE Alberta St Portland, OR 97211
County assessor Recorded deeds · 9 transfers 7 qualifying comp sales Zoning catalog

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

4 recorded sales · 18 properties nearby
Recent sales nearby
4 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
4841 M L King, Portland, OR 97211-3351 $3,590,309 May 2025 No data
Martin Luther King, Portland, OR 97211 $400,000 Oct 2024 No data
2314 Wne Alberta, Portland, OR 97211 $500,000 Jun 2024 No data
173 Bridgeton Rd, Portland, OR 97211-1074 $645,000 Dec 2023 No data
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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