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Denny Osborn, Broker
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(541) 771-1578
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2425 NE Alberta St, Portland, OR 97211

$15,949,700
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Property Description

Own a rare portfolio of 68 doors across three newer construction properties, offering a compelling mix of apartments and retail spaces in three distinct Portland neighborhoods. Built in 2024 and 2025 with modern design and high end finishes throughout, this collection offers strong diversification, low maintenance construction and broad tenant appeal. The portfolio includes 34 doors in the Alberta Arts District, 16 apartments in North Tabor and 18 apartments in South Waterfront, placing investors in three desirable locations with convenient access to dining, shopping, transit, employment centers and neighborhood amenities. A unique opportunity to acquire a substantial newer construction multifamily portfolio and expand your investment footprint across Portland.

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 $15,949,700. Search Portland real estate on dennyosborn.bendpremierrealestate.com today.

SQUARE FEET35,904 MLS#792913119
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Property Features

Property Type: Multi Unit - Multiple
Cooling: Heat Pump, MiniSplit
Fuel Type: Electricity
Heating: Heat Pump, Mini Split, WallHeater
Roof Type: Composition, Flat, Metal
Taxes: $240,282
Year Built: 2025
Square Feet: 35,904

Units

Unit Type 1:
Bathroom(s): 1
Rent: $2021.00
Square Footage: 756
Total Units: 1
Unit Type 2:
Bathroom(s): 1
Rent: $4785.00
Square Footage: 1595
Total Units: 1
Unit Type 3:
Bathroom(s): 1
Rent: $1329.00
Square Footage: 374
Total Units: 7
Unit Type 4:
Bathroom(s): 1
Bedrooms: 1
Rent: $1616.00
Square Footage: 531
Total Units: 22
Unit Type 5:
Bathroom(s): 1
Bedrooms: 2
Rent: $2000.00
Square Footage: 789
Total Units: 1
Unit Type 6:
Bathroom(s): 1
Bedrooms: 2
Rent: $1750.00
Square Footage: 632
Total Units: 2
Unit Type 7:
Bathroom(s): 1
Rent: $975.00
Square Footage: 265
Total Units: 2
Unit Type 8:
Bathroom(s): 1
Bedrooms: 1
Rent: $1350.00
Square Footage: 486
Total Units: 14
Unit Type 9:
Bathroom(s): 1
Rent: $1039.00
Square Footage: 309
Total Units: 9
Unit Type 10:
Bathroom(s): 1
Bedrooms: 1
Rent: $1601.00
Square Footage: 524
Total Units: 9

Feature Descriptions

Days on Site: 433
Exterior: Aluminum, Cement Siding, Metal Siding, Other
Gross Income: $1294770.00 (Actual)
Hot Water: Electricity, Tank
Lot: Level, Public Road
Net Income: $930998.00 (Actual)
Operating Expenses: $363772.00 (Actual)
Sewer: Public Sewer
Special View Info: City, Trees/Woods
Units: 68
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: Denny Osborn, Broker
Agent Phone: (541) 771-1578
Agency Title: Bend Premier Real Estate

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Estimated Payment

$ 105,325.86 per month $80,650.36 Principal & Interest $20,023.50 Property Tax $4,652.00 Homeowner's Insurance

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Denny Osborn, Broker
Denny Osborn, Broker Office: (541) 323-2779 Cell: (541) 771-1578 Email Me
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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 10/15/2026. The listing information on this page last changed on 10/15/2026. 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 10/15/2026 5:38:01 PM EST) or RMLS (last updated Thu 10/15/2026 2:43:17 AM EST) or COAR/MLSCO (last updated Thu 10/15/2026 5:31:47 PM 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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