$4,038 Closing Credit¹
#551730962, Jessica Lipscomb, Listing Office: Windermere Realty Trust
$325,000 List price
5805 NE Alberta St Portland, OR 97218
$3,859
Closing credit¹
3 beds
1 full
1,152 sqft
0.2 acres
$282 / sqft
House
Property details
About 5805 NE Alberta St
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.
Highlights
Home typeSingle Family Residence
HeatingNone, Wood Stove
StatusActive
Size1,152 sqft
Lot size0.21 Acres
Year built1942
ParkingDriveway, Street Parking
MLS #244668248
Garage1 space
Summary
- Full Bathrooms: 1
- Basement: No
- Total Bedroom Count: 3
- Garage Space: 1 space
- Attached Garage: No
- Parking: Driveway, Street Parking
- Architectural Style: 1 Story
- Heating: None, Wood Stove
- List Price: $325,000
- Price/SqFt: $282
- Annual Tax Amount: $3,656
- Tax Year: 2023
- Lot: Level
- Directions: NE Alberta St between NE 57th and 60th
- Year Built: 1942
- Stories: 1
- Living Area: 1,152 SqFt
- Lot Size: 0.21 Acres
- MLS Number: 244668248
- MLS Name: Regional Multiple Listing Service, Inc.
- Office Name: Real Estate Experts
- Office Email: carlonway@gmail.com
- Listing Agent: Carlon Way
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 another brokerage firm are marked with the RMLS logo, and detailed information about these properties includes the names of the listing brokers. Listing content is copyright © 2025 Regional Multiple Listing Service, Inc. (RMLS™) Portland, Oregon.
The information on this web site is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. We are not responsible or liable for misinformation, misprints, or typographical errors. All information provided is deemed reliable but is not guaranteed and should be independently verified through personal inspection by and/or with the appropriate professionals. Properties subject to prior sale, change, withdrawal or rental. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 5/30/2025, 4:20:32 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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$325,000
5805 NE Alberta St
$3,859
closing credit¹
Sell your home with Rocket and save even more!
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Price information
Property sales
We're sorry, we currently don't have property sales data for this listing.
Tax history
| Year | Assessment | Property Tax |
|---|---|---|
| 2023 | $138,000 | $3,656 |
| 2022 | $133,990 | $3,577 |
| 2021 | $130,090 | $3,577 |
| 2020 | $126,310 | $3,517 |
| 2018 | $119,070 | $3,017 |
| 2017 | $115,610 | $2,891 |
History based on county public records data.
Nearby schools
5
Rigler School
Public District KG-5
0.3 mi
•5401 NE Prescott St
6
Scott Elementary School
Public District KG-5
0.5 mi
•6700 NE Prescott St
7
Rose City Park Elementary School
Public District KG-5
1.4 mi
•2334 NE 57th Ave
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $46,218. The majority of Portland, OR residents have income between $35k-100k annually. Residents typically live in single, no kids family. The most common level of education of people living in this area is high school diploma.
How much money do the neighbors make?
37%
<35k
48%
35k-100k
13%
100k-200k
2%
200k+
What level of education do the neighbors have?
High School Diploma
Post Secondary Degree
Masters Degree
What types of families live nearby?
50%
Single, No Kids
15%
Single, with Kids
17%
Married, No Kids
18%
Married, with Kids
Are the neighbors home owners or renters?
Home Owners
Renters
How old are people in this area?
16%
<11 yrs old
9%
12-17 yrs old
26%
18-34 yrs old
40%
35-64 yrs old
9%
65+ yrs old
What do the neighbors do for fun?
Pro Boxing
Tennis
Major League Soccer (MLS)
Where do the neighbors shop?
IKEA
Crate & Barrel
Banana Republic
Where do the neighbors go to eat?
Quiznos
Starbucks
Jack In The Box
What do the neighbors drive?
Lexus
BMW
Toyota
What do the neighbors listen to?
Soft Adult Contemporary
News
Jazz
All data provided by Home Junction and Claritas
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Frequently asked questions
About 5805 NE Alberta St
The listing price of 5805 NE Alberta St property is $325,000.
The property 5805 NE Alberta St is a house located in Portland, Oregon, 97218.
Active Listing: 5805 NE Alberta St is For Sale (Active/New) which means the seller is accepting offers.
The nearby schools for 5805 NE Alberta St are: Rigler School (GreatSchools Rating 5/10), Scott Elementary School (GreatSchools Rating 6/10), Rose City Park Elementary School (GreatSchools Rating 7/10), Beaumont Middle School (GreatSchools Rating 7/10), Roseway Heights School (GreatSchools Rating 5/10), Faubion School (GreatSchools Rating 5/10), Alliance High School (GreatSchools Rating 2/10), Grant High School (GreatSchools Rating 8/10), Parkrose High School (GreatSchools Rating 5/10).
According to the records, the last property tax for 2023 is $3,656 (source: MLS/based on county public records data).
The property at 5805 NE Alberta St has 3 bedrooms and 1 bathroom.
The property 5805 NE Alberta St is 1,152 SqFt (source: MLS/tax record).
The year of construction for 5805 NE Alberta St is 1942.
This home is located at 5805 NE Alberta St in Portland, OR and zip code 97218 in the Primrose Park neighborhood. This 1,152 square foot home, which was built in 1942, sits on a 0.21 acre lot. Features: 3 bedrooms, 1 bathroom. It has been listed on Rocket Homes since May 28, 2025 and is currently priced at $325,000.
Over 338 listings were sold over their listed price in April 2025 in Portland, OR. In the same period over 313 listings were sold below the listed price and 186 listings were sold for the listed price. In April 2025 in Portland, OR there were 18.3% more homes for sale than in March. Listings spent 48 days on the market in April 2025, and had a median list price of $549,429 during the same period.
From Rocket Homes Real Estate and based on county public records data.