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4990 NE 26th Ave
Portland, OR 97211

Alberta St Development Opportunity · Land For Sale · 0.07 AC

Investment Highlights

  • PRIME Alberta Arts Location!
  • Luxury living design with city views from primary suite balcony!
  • 5 spacious, 4 level units with separate living quarters

Executive Summary

This is a developer's dream! Situated on a highly coveted corner lot right on NE Alberta, this property offers unparalleled access to some of Portland's best restaurants, coffee shops, boutiques, and vibrant community amenities—literally right outside your doorstep. The plans for a luxury-style 5-plex development are permit-ready and set to feature 5 spacious, 4-level units. Each unit is designed with modern living in mind, including a separate living quarter on the main level, making it an excellent option for rental income or multi-gen living. The upper-level primary suite features a private balcony with stunning city views, offering the perfect blend of urban living and tranquility. This rare opportunity combines a sought-after location, a meticulously designed build, and the potential for strong returns. Whether you're a seasoned developer or looking for your next big project, this is an exceptional investment. Don't miss out on making your mark in one of Portland’s most desirable neighborhoods!

PROPERTY FACTS

Sale Type Investment or Owner User
No. Lots 1
Property Type Land
Property Subtype Residential
Total Lot Size 0.07 AC

1 Lot Available

Lot

Price £356,469
Price Per AC £5,092,420
Lot Size 0.07 AC

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
R668761
Land Assessment
£0
Improvements Assessment
£0
Total Assessment
£96,751

zoning

Zoning Code CM2
CM2
  • Listing ID: 34111542

  • Date on Market: 06/12/2024

  • Last Updated:

  • Address: 4990 NE 26th Ave, Portland, OR 97211

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