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Overlook Multifamily Home for Sale

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    $3,400,000 New Construction

    • 5 Beds
    • 10 Baths
    • 10,606 Sq Ft

    1535 N Alberta St, Portland, OR 97217

    Exquisite modern, new construction 16-unit apartment complex from a quality local builder with a mix of studio (6) + 1 bed units (10) including (2) generously sized common rooms with kitchenette, electric fireplace + extensive windows! Each unit is expertly crafted featuring expansive ceilings + open concept floor plan bringing an abundance of natural light with designer finishes + colors! Sleek

    Darryl Bodle Keller Williams Realty Portland Premiere

    1535 N Alberta St, Portland, OR 97217

Why Live in Overlook

Overlook, a neighborhood in northern Portland, offers a mix of suburban charm and industrial activity along the Willamette River. The area has a rich history dating back to the 1840s, with significant residential development occurring in the late 1800s and early 1900s. Overlook features a variety of home styles, including early 1900s cottages, midcentury builds, and modern homes from the 1990s onward. The neighborhood's streets are lined with greenery, and most homes have some lawn space. Overlook is part of the Portland Public Schools district, with Beach School providing dual-immersion Spanish and English-only instruction, along with creative programs like the Right Brain Initiative.

Residents enjoy several parks, including the 11-acre Overlook Park, which offers athletic fields, a basketball court, a playground, and views of downtown. The park is near the Historic Overlook House, a 1928 brick cottage available for events. Madrona Park, another sizable green space, spans 9 acres and features a playground. North Interstate Avenue is a bustling area with dining options like Alibi Tiki Lounge, one of the oldest tiki bars in the nation, and Pinky’s Pizza, known for its custom pizzas and whiskey bar. Coffee lovers can visit The Stacks, a coffee shop with its own library, or Blend Coffee Lounge, which serves pastries from Posies Bakery.

Grocery shopping is convenient with New Seasons Market and Fred Meyer superstore on Interstate Avenue. The western part of Overlook is more industrial, housing warehouses for companies like UPS and Adidas, which also has its North America headquarters in the neighborhood. Downtown Portland is easily reachable via the Max Light Rail or Interstate 405.

Home Trends in Overlook, OR

Housing Trends

Median Sale Price
$642,000
Median Single Family Sale Price
$657,500
Median Townhouse Sale Price
$552,500
Median 2 Bedroom Sale Price
$330,000
Average Price Per Sq Ft
$320
Number of Homes for Sale
16
Last 12 months Home Sales
81
Months of Supply
2.40
Median List Price
$640,000
Median Change From 1st List Price
0%
Median Home Sale Price YoY Change
9%
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