4836 N Albina Ave, Portland, OR 97217

Portland
Local realty services provided by:ERA Freeman & Associates, Realtors
4836 N Albina Ave,Portland, OR 97217
$584,900
Virtual Tour
  • 3 Beds
  • 1 Baths
  • 2,009 sq. ft.
  • Single family
  • Active
Listed by: dustin funes
Office: premiere property group, llc.503-670-9000
MLS#:309804710
Source:PORTLAND

Price summary

  • Price:$584,900
  • Price per sq. ft.:$291.14

About this home

Positioned on a prominent 5,000 sq ft corner lot at 4836 N Albina Ave, this prime RM2-zoned property offers an unparalleled combination of immediate cash flow, flexible land-banking, and high-density development potential. Featuring an advantageous 3:1 Floor Area Ratio (FAR) that supports up to 15,000 sq ft of future allowable buildable area, the site represents a rare urban infill opportunity in the heart of North Portland's highly sought-after Mississippi and Williams corridors. The property currently generates over $2,000 per month in holding revenue from a reliable month-to-month occupant, allowing an investor or builder to enjoy consistent passive income while securing permits and finalizing project designs. The existing structure is a well-maintained, move-in-ready home complete with a multi-level floor plan, an updated kitchen with granite counters and stainless steel appliances, classic millwork, and rare off-street parking. Whether your strategy is to hold and collect cash...

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Home facts

  • Year built:1908
  • Subdivision & Development:MISSISSIPPI AVE
  • Listing ID #:309804710
  • Added:52 day(s) ago
  • Updated:August 20, 2026 at 11:18 AM

Rooms and interior

  • Bedrooms:3
  • Total bathrooms:1
  • Full bathrooms:1
  • Kitchen Description:Built In Range, Cooktop, Dishwasher, ENERGY STAR Qualified Appliances, Free Standing Refrigerator, Granite, Stainless Steel Appliance
  • Basement Description:Full Basement, Unfinished
  • Living area:2,009 sq. ft.

Heating and cooling

  • Heating:Forced Air

Structure and exterior

  • Roof:Composition
  • Year built:1908
  • Building area:2,009 sq. ft.
  • Lot area:0.12 Acres
  • Lot Features:Corner Lot
  • Architectural Style:Bungalow
  • Foundation Description:Concrete Perimeter
  • Levels:3 Stories

Schools

  • High school:Jefferson
  • Middle school:Harriet Tubman
  • Elementary school:Boise-Eliot

Utilities

  • Water:Public Water
  • Sewer:Public Sewer

Finances and disclosures

  • Price:$584,900
  • Price per sq. ft.:$291.14
  • Tax amount:$2,336 (2025)

Parking

  • Parking description:Driveway, On street
MLS LogoAll information provided is deemed reliable but is not guaranteed and should be independently verified. 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 brokerage firms other than ERA Freeman & Associates, Realtors are marked with the RMLS logo and detailed information about these properties includes the names of the listing brokers. Copyright 2026 RMLS, Portland, Oregon. Last updated: August 20, 2026

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