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MICHELLE MENDOLA

michelle@pdxpearlrealtor.com +1(971) 352-1513

Listed by Keller Williams Realty Portland Premiere • 503-709-4632

$ 1,859,900

Est. payment | -/mo

4,304 SqFt

Save Virtual Tour

$ 1,859,900

Est. payment | -/mo

Save Virtual Tour

4,304 SqFt

Open House

Sun Sep 06, 10:00am - 12:00pm

Key Details

Property Type Multi-Family

Listing Status Active

Purchase Type For Sale

Square Footage 4,304 sqft

Price per Sqft $432

Subdivision Concordia

MLS Listing ID 398503183

Year Built 2026

Lot Size 3,049 Sqft

Property Description

New construction four unit opportunity at the corner of NE Alberta Street and NE 26th Avenue in close in Concordia. The offering includes four separately addressed, two story residences, each with two bedrooms and 2½ bathrooms. The two end units provide 1,123 square feet each, while the two interior units offer 1,029 square feet each, for a total of 4,304 rentable square feet. All four residences are vacant and ready for lease up. Each features a private entrance and an open main level connecting the kitchen, living and dining areas, with a large island providing prep space and casual seating, plus a convenient powder bathroom and useful storage. Upstairs, each unit includes two bedrooms, two full bathrooms, dedicated in unit laundry, and practical closet space. Private fenced outdoor areas create room to relax, garden, or dine outside, while wall mounted bicycle parking provides convenient dedicated storage. The end residences benefit from additional exterior exposure and windows, and the south end home offers a level entrance from the sidewalk with no exterior steps. Energy efficient heat pumps provide year round heating and cooling, while contemporary architectural details give the property a cohesive modern presence. A 2-10 Builder Warranty is provided with each home. This complete package offers a compelling opportunity for portfolio expansion, long term ownership, or an owner occupant seeking additional residences on the same property. With a Walk Score of 91 and Bike Score of 100, Pine State Biscuits, Great Notion, Salt & Straw, Alberta Rose Theatre, New Seasons Market, neighborhood galleries, local boutiques, coffee shops, transit, and the broader Alberta Arts District are within easy reach. Developed by a trusted local builder that oversees projects from design through construction, pairing quality finishes with cost conscious planning to make homeownership more attainable. Homes with purpose. Neighborhoods with promise.

Location

State OR

County Multnomah

Area _142

Zoning CM2

Rooms

Basement Crawl Space

Interior

Heating Forced Air, Heat Pump

Cooling Heat Pump

Exterior

Roof Type Composition

Garage No

Building

Lot Description Corner Lot, Level, Public Road

Story 2

Foundation Concrete Perimeter, Stem Wall

Sewer Public Sewer

Water Public Water

Level or Stories 2

Schools

Elementary Schools Vernon

Middle Schools Vernon

High Schools Jefferson

Others

Acceptable Financing Cash, Conventional, VALoan

Listing Terms Cash, Conventional, VALoan

Virtual Tour https://www.youtube.com/watch?v=mBqCjlAvtAw

Regional Multiple Listing Service (RMLS)

Nearby Locations

"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(971) 352-1513

michelle@pdxpearlrealtor.com

2175 NW Raleigh St Ste 110, Portland, Oregon 97210, USA

4996 NE 26th AVE Portland, OR 97211