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Lisa Fisher, Principal Broker
REALTOR®
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4996 NE 26th Ave, Portland, OR 97211

$1,859,900

Property Description

New construction four unit opportunity at the corner of NE Alberta Street and NE 26th Avenue in close in Concordia. The offering includes four separately addressed, two story residences, each with two bedrooms and 21/2 bathrooms. The two end units provide 1,123 square feet each, while the two interior units offer 1,029 square feet each, for a total of 4,304 rentable square feet. All four residences are vacant and ready for lease up. Each features a private entrance and an open main level connecting the kitchen, living and dining areas, with a large island providing prep space and casual seating, plus a convenient powder bathroom and useful storage. Upstairs, each unit includes two bedrooms, two full bathrooms, dedicated in unit laundry, and practical closet space. Private fenced outdoor areas create room to relax, garden, or dine outside, while wall mounted bicycle parking provides convenient dedicated storage. The end residences benefit from additional exterior exposure and windows, and the south end home offers a level entrance from the sidewalk with no exterior steps. Energy efficient heat pumps provide year round heating and cooling, while contemporary architectural details give the property a cohesive modern presence. A 2-10 Builder Warranty is provided with each home. This complete package offers a compelling opportunity for portfolio expansion, long term ownership, or an owner occupant seeking additional residences on the same property. With a Walk Score of 91 and Bike Score of 100, Pine State Biscuits, Great Notion, Salt & Straw, Alberta Rose Theatre, New Seasons Market, neighborhood galleries, local boutiques, coffee shops, transit, and the broader Alberta Arts District are within easy reach. Developed by a trusted local builder that oversees projects from design through construction, pairing quality finishes with cost conscious planning to make homeownership more attainable. Homes with purpose. Neighborhoods with promise.

4996 NE 26th Ave | MLS# 398503183

This multi-family property located at 4996 NE 26th Ave, Portland, OR 97211 is currently listed for sale with an asking price of $1,859,900. Search Portland real estate on lisafisher.bendpremierrealestate.com today.

Property Features

Property Type: Multi Unit - Multiple
Basement: CrawlSpace
Cooling: Heat Pump
Fuel Type: Electricity
Heating: Forced Air, Heat Pump
Lot Size: 90'x32'
Roof Type: Composition
Stories: 2.0
Year Built: 2026
Square Feet: 4,304

Units

Unit Type 1:
Bathroom(s): 3
Bedrooms: 2
Features: AirConditioning, Dishwasher, Range, WasherDryerHookup
Rent: $2895.00
Square Footage: 1123
Total Units: 2
Unit Type 2:
Bathroom(s): 3
Bedrooms: 2
Features: AirConditioning, Dishwasher, Range, WasherDryerHookup
Rent: $2795.00
Square Footage: 1029
Total Units: 2

Feature Descriptions

Exterior: Brick, Cement Siding, Lap Siding, Panel
Gross Income: $139443.00 (Actual)
Hot Water: Electricity, Tank
Lot: Corner Lot, Level, Public Road
Lot Dimensions: 90'x32'
Net Income: $101061.00 (Actual)
Operating Expenses: $33603.00 (Actual)
Parking: OnStreet
Parking Notes: OnStreet
Sewer: Public Sewer
Storage: None
Units: 4
Water: Public Water

Local Schools

High School: Jefferson
Middle School: Vernon
Elementary School: Vernon

Listed By / Shown By

Listed By

Agency Name: Keller Williams Realty Portland Premiere
Agency Contact: 503-709-4632

Shown By

Agent Name: Lisa Fisher, Principal Broker
Agent Phone: (503) 970-0124
Agency Title: Bend Premier Real Estate

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Estimated Payment

$ 9,947.14 per month $9,404.67 Principal & Interest $0.00 Property Tax (data not provided by mls) $542.47 Homeowner's Insurance

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Disclaimer: All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Listing(s) information is provided 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. Information on this site was last updated 08/28/2026. The listing information on this page last changed on 08/28/2026. The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of Delta Media Group MLS (last updated Fri 08/28/2026 1:46:58 AM EST) or RMLS (last updated Fri 08/28/2026 1:40:29 AM EST) or COAR/MLSCO (last updated Fri 08/28/2026 1:31:26 AM EST). Real estate listings held by brokerage firms other than Bend Premier Real Estate may be marked with the Internet Data Exchange logo and detailed information about those properties will include the name of the listing broker(s) when required by the MLS. All rights reserved.

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 other brokerage firms are marked with the RMLS logo, and detailed information about these properties includes the names of the listing brokers. Listing content is copyright © 2026 RMLS, Portland, Oregon. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.

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