OR > Portland
Portland, OR 97218,5805 NE ALBERTA ST
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Portland, OR 97218,5805 NE ALBERTA ST
Portland, OR 97218,5805 NE ALBERTA ST
Portland, OR 97218,5805 NE ALBERTA ST
Portland, OR 97218,5805 NE ALBERTA ST
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Jared Hambrook

Jared Hambrook

+1(503) 930-2124
Listed by Real Estate Experts • carlonway@gmail.com
$ 325,000
Est. payment /mo
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5805 NE ALBERTA ST Portland, OR 97218

3 Beds

1 Bath

1,152 SqFt

UPDATED:

Key Details

Property Type Single Family Home

Sub Type Single Family Residence

Listing Status Active

Purchase Type For Sale

Square Footage 1,152 sqft

Price per Sqft $282

MLS Listing ID 244668248

Style Stories1

Bedrooms 3

Full Baths 1

Year Built 1942

Annual Tax Amount $3,802

Tax Year 2024

Lot Size 9,147 Sqft

Property Sub-Type Single Family Residence

Property Description

An exceptional teardown/development opportunity in the heart of Cully! Sitting on a generous 9,000 sq ft R7-zoned lot, this property offers flexibility for redevelopment or extreme renovation/rebuild— including potential for a single-family home with ADUs, duplex, fourplex, cottage cluster, or up to six units with affordability bonuses (per MHLD zoning provisions). A recent feasibility/design-build report confirms multiple viable development paths, including FAR bonuses, tree and storm water allowances, and infrastructure upgrade requirements. The site is flat, well-drained, and fronts a quiet stretch of NE Alberta, eligible for LTIC in lieu of frontage construction.Whether you're a builder, developer, or future homeowner envisioning custom new construction, this is a rare canvas with real architectural and income potential. Ideal for developers or buyers with vision—whether you're building new or exploring high-effort renovation potential.* Feasibility Report Available to purchaser* Multiple unit types permitted (SFR, ADU, Four-Sixplex, Cottage Cluster)* Affordable housing incentives & SDC exemptions* Lot is 50' wide by 180' deep lot (9,000 sf) | Zoned R7* Gross Development Value: up to ~$2,000,000 (six plex) * Existing structures on the property...* 1,152 sf single story SFR with no basement, built in 1942* 80 sf shed and 240 sf detached garage. City of Portland email info on property available.

Location

State OR

County Multnomah

Area _142

Rooms

Basement Crawl Space

Interior

Heating None, Wood Stove

Exterior

Parking Features Detached

Garage Spaces 1.0

Roof Type Composition

Accessibility OneLevel

Garage Yes

Building

Lot Description Level

Story 1

Foundation Concrete Perimeter

Sewer Public Sewer

Water Public Water

Level or Stories 1

Schools

Elementary Schools Rigler

Middle Schools Beaumont

High Schools Leodis Mcdaniel

Others

Senior Community No

Acceptable Financing Cash

Listing Terms Cash

Regional Multiple Listing Service (RMLS)
agent

Jared Hambrook

Principal Broker | License ID: 201211534

+1(503) 930-2124

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5805 NE ALBERTA ST

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