Introducing 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.
ARCHITECTURE
Stories: 4
Condition: Under Construction
Year Built: 2025
Roof Type: Flat
INTERIOR FEATURES
Heating Type: Mini Split
Fuel Type: Electricity
Interior SqFt: 22241
EXTERIOR FEATURES
Lot Features: Corner Lot
Lot size (Acres): 0.17
Zoning: CM2
Water Source: Public Water
Sewer: Public Sewer
SCHOOLS
Elementary: Vernon
High School: Jefferson
Middle: Vernon
TAX & FINANCIAL
Annual Tax: $12888.64
Terms Considered: Cash, Conventional
Tax Year: 2024
LISTING INFO
Listing courtesy of Keller Williams Realty Portland Premiere | 503-709-4632
Member of: National Association of REALTORS® (NAR)
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Disclaimer
Property ID - | 716989
Agents make every effort to ensure the accuracy of listing details; however, all buyers should conduct their own due diligence before making decisions. Neither the listing agent nor the brokerage shall be liable for errors, omissions, or outdated information. All data is provided as a service and is intended strictly for the personal, non-commercial use of potential buyers.