3265 NE Alberta St
Portland, OR 97211
- 2 beds
- 3 baths
- 2,584 sqft
- 5,662 sqft lot
- $309 per sqft
- 1922 build
- – on site
Nestled in one of Portland’s most sought-after neighborhoods, this distinctive RM2-zoned property offers a rare blend of historic charm, modern design, and serious investment potential. Whether you're an owner-occupant, a multi-generational household, or a savvy investor, this property checks all the boxes. The front home is a classic 1920s Portland Craftsman, full of original character and curb appeal. With its vintage details and a large unfinished basement ready to be transformed into an additional bedroom and bathroom, there’s plenty of space—and upside—to grow. Tucked behind the main home are three beautifully designed, Scandinavian-inspired accessory structures, built in 2018 and finalized with the City of Portland in 2025. Fully permitted and thoughtfully crafted, these units feature: Radiant floor heating & mini-split HVAC systems, Smart home integration & Tesla EV charger, Private sauna and gym for added luxury and rental appeal, Flexible layouts ideal for use as a modern duplex, guest quarters, or business rentals. Live in one, rent the rest—or maximize income by converting the entire property into a high-performing multi-unit asset. Located just blocks from the vibrant Alberta Arts and Concordia districts, your future tenants(or guests) will love the walkability to local cafés, restaurants, shops, and community hubs. A rare find in Portland’s urban core—this is more than a home; it’s a smart investment in flexibility, design, and future income. [Home Energy Score = 8. HES Report at https://rpt.greenbuildingregistry.com/hes/OR10201216]
Last checked:
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Last updated Apr 24, 2025
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MLS# 672397854 —
The Building
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Year Built:1922
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New Construction:false
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Architectural Style:Bungalow, Contemporary
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Roof:Shingle
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Stories:2
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Basement:ExteriorEntry,FullBasement
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Foundation Details:ConcretePerimeter
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Exterior Description:CementSiding, WoodSiding
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Exterior Features:Fenced, Patio, Porch
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Window Features:StormWindow, WoodFrames
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Security Features:Entry
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Building Area Description:County
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Building Area Total:2584.0
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Building Area Calculated:1804
Interior
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Interior Features:HighCeilings, TileFloor, WoodFloors
Room Dimensions
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Main Level Area Total:1515
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Upper Level Area Total:289
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Lower Level Area Total:780
Financial & Terms
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Bank Owned:false
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Land Lease:false
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Short Sale:false
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Home Warranty:false
Location
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Directions:Head west on NE Alberta from NE 33rd, Second Property on the north side of Alberta
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Latitude:45.559195
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Longitude:-122.631309
The Property
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Parcel Number:R166137
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Property Type:Residential
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Property Subtype:SingleFamilyResidence
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Property Condition:Resale
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Lot Features:Gated, Level, Private
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Lot Size Range:SqFt5000to6999
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Lot Size Acres:0.13
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Lot Size SqFt:5662.0
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Zoning:RM2
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View:true
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View Description:Territorial
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Farm:false
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Property Attached:false
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Road Surface Type:Gravel,Paved
Listing Agent
- Contact info:
- Agent phone:
- (503) 267-9828
- Office phone:
- (503) 267-9828
Taxes
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Tax Year:2024
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Tax Legal Description:FOXCHASE ADD, BLOCK 11, INC STRIP S OF & ADJ E 1/2 OF LOT 9&10
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Tax Annual Amount:6591.21
Beds
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Bedrooms Total:2
Baths
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Total Baths:3
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Full Baths:2
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Partial Baths:1
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Total Baths:2.1
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Total Baths Main Level:2.1
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Full Baths Main Level:2
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Partial Baths Main Level:1
Heating & Cooling
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Heating:ForcedAir95Plus, MiniSplit
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Heating:true
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Cooling:MiniSplit,None
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Cooling:true
Utilities
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Sewer:PublicSewer
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Hot Water Description:Gas,Tankless
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Water Source:PublicWater
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Fuel Description:Electricity, Gas
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Internet Service Type:FiberOptics
Appliances
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Appliances:FreeStandingRange, FreeStandingRefrigerator, RangeHood
Schools
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Elementary School:Vernon
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Middle Or Junior School:Vernon
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High School:Jefferson
The Community
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Senior Community:false
Parking
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Attached Garage:false
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Parking Features:OffStreet, ParkingPad
Monthly cost estimate
Asking price
$799,900
| Expense | Monthly cost |
|---|---|
|
Mortgage
This calculator is intended for planning and education purposes only. It relies on assumptions and information provided by you regarding your goals, expectations and financial situation, and should not be used as your sole source of information. The output of the tool is not a loan offer or solicitation, nor is it financial or legal advice. |
$4,283
|
| Taxes | $549 |
| Insurance | $219 |
| Utilities | $197 See report |
| Total | $5,248/mo.* |
| *This is an estimate |
Walk Score®
Provided by WalkScore® Inc.
Walk Score is the most well-known measure of walkability for any address. It is based on the distance to a variety of nearby services and pedestrian friendliness. Walk Scores range from 0 (Car-Dependent) to 100 (Walker’s Paradise).
Bike Score®
Provided by WalkScore® Inc.
Bike Score evaluates a location's bikeability. It is calculated by measuring bike infrastructure, hills, destinations and road connectivity, and the number of bike commuters. Bike Scores range from 0 (Somewhat Bikeable) to 100 (Biker’s Paradise).
Transit Score®
Provided by WalkScore® Inc.
Transit Score measures a location's access to public transit. It is based on nearby transit routes frequency, type of route (bus, rail, etc.), and distance to the nearest stop on the route. Transit Scores range from 0 (Minimal Transit) to 100 (Rider’s Paradise).
Soundscore™
Provided by HowLoud
Soundscore is an overall score that accounts for traffic, airport activity, and local sources. A Soundscore rating is a number between 50 (very loud) and 100 (very quiet).
Air Pollution Index
Provided by ClearlyEnergy
The air pollution index is calculated by county or urban area using the past three years data. The index ranks the county or urban area on a scale of 0 (best) - 100 (worst) across the United Sates.
Sale history
| Date | Event | Source | Price | % Change |
|---|---|---|---|---|
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4/10/25
Apr 10, 2025
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Listed / Active | RMLS | $799,900 | 1.3% (0.5% / YR) |
|
9/3/24
Sep 3, 2024
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Price Changed | RMLS | ||
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7/24/24
Jul 24, 2024
|
Listed / Active | RMLS |
35% of nearby similar homes sold for over asking price
Similar homes that sold in bidding wars went $35k above asking price on average, but some went as high as $100k over asking price.
