3265 NE Alberta St Portland, OR 97211

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]