NOT LISTED FOR SALE

2504 NE Alberta St Unit 1 Portland, OR 97211

Concordia Neighborhood

Estimated Value: $355,000 - $1,624,227

-- Bed
1 Bath
3,500 Sq Ft
$198/Sq Ft Est. Value

Last Sold January 25, 2019

Last sale price $1,255,000 $359 Per Sq Ft

Est. 45% decrease in value since last sale

Current estimated payment $4,144/month

132 Days on Market

About This Home

As of January 2019

Beautifully renovated townhome style 4-plex units in the heart of the Alberta Arts district. These units are turn-key and fully rented. Bamboo floors, gas fireplaces, granite counters, stainless appliances. Each unit has large balconies overlooking the trendy Alberta street walk. Full back yard patios, private storage units and assigned parking make this a rare find. Great investment opportunity in one of Portland's hottest hoods.

Last Agent to Sell the Property

Rambo Halpern

Premiere Property Group, LLC License #200310218 Listed on: 09/06/2018

Last Buyer's Agent

Jason Leiner

Lennar Sales Corp License #200907119

Lennar Sales Corp

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $17,300

Year Built

  • Built in 1995 | Remodeled

Lot Details

  • 392

Parking

  • 4 Car Garage
  • Assigned Parking

Home Design

  • Composition Roof
  • Cement Siding

Interior Spaces

  • 3,500 Sq Ft Home
  • 2-Story Property
  • Crawl Space

Utilities

  • No Cooling
  • Zoned Heating
  • Heating System Uses Gas
  • Electric Water Heater

Listing and Financial Details

  • Rent includes trashcollection, water
  • Assessor Parcel Number R598831

Community Details

Overview

  • 4 Units
  • Alberta Arts Subdivision

Building Details

  • Operating Expense $20,620
  • Gross Income $85,620
  • Net Operating Income $65,000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$17,300

Year Built

Built in 1995 | Remodeled

Lot Details

0

Parking

4

Listing Details

  • Standard Status: Closed
  • MLS Status: Sold
  • Property Type: MultiFamily
  • Stories: 2
  • Year Built: 1995
  • Property Condition: UpdatedRemodeled
  • Property Attached Yn: No
  • Open House: No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: CrawlSpace
  • Storage: Attached,IndividualStorageUnits
  • Lot Size Range: SqFt3000to4999

Exterior Features

  • Exterior Description: CementSiding
  • Lot Size: 3,000 to 4,999 SqFt
  • View: No
  • Disclosures: Disclosure
  • Roof: Composition

Garage/Parking

  • Parking Description: Assigned
  • Attached Garage: No
  • Garage Spaces: 4.0
  • Total Parking Spaces: 4.0

Utilities

  • Fuel Description: Gas
  • Hot Water: Electricity
  • Cooling Y N: No
  • Heating: Zoned
  • Heating Yn: Yes
  • Sewer: PublicSewer
  • Water Source: PublicWater

Lot Info

  • Zoning: CM2
  • Parcel #: R598831

Green Features

  • Green Certification: No

Rental Info

  • Rent Includes: TrashCollection, Water

Tax Info

  • Tax Deferral: Yes
  • Tax Year: 2017
  • Tax Annual Amount: 17300.0

Multi Family

  • Unit Type: UnitTypeType1, UnitTypeType2, UnitTypeType3, UnitTypeType4
  • Number Of Units Total: 4
  • Gross Rent Multiplier: 15.17
  • Annual Gross Income: 85620.0
  • Property Net Operating Income: 65000.0
  • Annual Operating Expense: 20620.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 23, 2018
Sold by
Urban Forms Llc
Bought by
Boyd Linda L
Current Estimated Value
$692,307

Purchase Details

Closed on
Jan 23, 2007
Sold by
Urban Forms Llc
Bought by
Krassowski Alan

Purchase Details

Closed on
Mar 31, 2006
Sold by
Williams Charles and Williams Leslee
Bought by
Taylor Gregory and Taylor Michael

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$313,565
Interest Rate
9.37%
Mortgage Type
Fannie Mae Freddie Mac
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Boyd Linda L $1,255,000 First American Title
Krassowski Alan -- Accommodation
Taylor Gregory $368,900 Ticor Title Insurance Compan
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Taylor Gregory $313,565
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/25/2019 01/25/19 Sold $1,255,000 -7.0% $359 / Sq Ft
01/16/2019 01/16/19 Pending -- -- --
09/06/2018 09/06/18 For Sale $1,349,000 -- $385 / Sq Ft
Source: Regional Multiple Listing Service (RMLS)

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $5,692 $212,760 -- $212,760
2023 $5,474 $206,570 $0 $206,570
2022 $5,355 $200,560 $0 $0
2021 $5,265 $194,720 $0 $0
2020 $4,830 $189,050 $0 $0
2019 $4,652 $183,550 $0 $0
2018 $4,516 $178,210 $0 $0
2017 $4,328 $173,020 $0 $0
2016 $3,961 $167,990 $0 $0
2015 $3,857 $163,100 $0 $0
2014 $3,553 $158,350 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Rambo Halpern

    Seller's Agent in 2019

    Rambo Halpern

    Premiere Property Group, LLC

    (503) 473-4127

    1 in this area

    58 Total Sales

    Rambo Halpern
    Section Image
  • Jason Leiner

    Buyer's Agent in 2019

    Jason Leiner

    Lennar Sales Corp

    (360) 605-4337

    297 Total Sales

    Jason Leiner
    Section Image
See All Agents

Map

Source: Regional Multiple Listing Service (RMLS)

MLS Number: 18390411

Regional Multiple Listing Service (RMLS)

APN: R598825

Oregon Multnomah County Portland 97211 Concordia

2504 NE Alberta St Unit 1, Portland, OR

This home is located at 2504 NE Alberta St Unit 1, Portland, OR 97211 since 06 September 2018 and is currently estimated at $692,307, approximately $197 per square foot. This property was built in 1995. 2504 NE Alberta St Unit 1 is a home located in Multnomah County with nearby schools including Vernon Elementary School, Jefferson High School, and Leodis V. McDaniel High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Regional Multiple Listing Service (RMLS) 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 brokerage firms other than Ten-X are marked with the RMLS™ logo, and detailed information about these properties includes the names of the listing brokers. Listing content is copyright © 2025 RMLS™, Portland, Oregon. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available. All information provided is deemed reliable but is not guaranteed and should be independently verified.

Nearby Homes