Homes for sale - 5805 NE ALBERTA ST, Portland, OR 97218

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Shawn Shukle

shawn@shuklerealty.com +1(503) 270-8485

Listed by Real Estate Experts • carlonway@gmail.com

$325,000

Est. payment - /mo

3 Beds

1 Bath

1,152 SqFt

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UPDATED:

Key Details

Property Type Single Family Home

Sub Type Single Family Residence

Listing Status Pending

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

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Regional Multiple Listing Service (RMLS)

"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(503) 270-8485

shawn@shuklerealty.com

5805 NE ALBERTA ST Portland, OR 97218