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Matthew Tercek

matthew@tercekre.com +1(503) 453-5815

Listed by Keller Williams Realty Portland Premiere • 503-709-4632

$ 1,969,900

Est. payment | -/mo

4,815 SqFt

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$ 1,969,900

Est. payment | -/mo

Save Virtual Tour

4,815 SqFt

Key Details

Property Type Multi-Family

Listing Status Active

Purchase Type For Sale

Square Footage 4,815 sqft

Price per Sqft $409

Subdivision Piedmont

MLS Listing ID 684584821

Year Built 2026

Tax Year 2026

Lot Size 4,791 Sqft

Property Description

New five unit N Albina townhome investment offering directly across the street from Peninsula Park, giving future residents the kind of everyday amenity that helps strengthen tenant appeal: rose gardens, open lawn, playground space, walking paths, and green space just a few steps from home. Built by a multi-year Street of Dreams builder and Builder of the Year award winner by the Home Building Association, the offering includes one front three bedroom, 2.1 bathroom home at 1,190 square feet, three two bedroom, 2.1 bathroom homes at 903 square feet each, and one two bedroom, 2.1 bathroom home at 916 square feet, for 4,815 total square feet. Each home offers connected living, dining, and kitchen spaces, custom cabinetry, solid surface countertops, stainless steel appliances, practical storage, upper level bedroom layouts, mini splits for efficient year round heating and cooling, and a private fenced patio space that can help strengthen tenant appeal. The unit mix supports flexible leasing, with a larger front home that broadens the renter pool and four efficient two bedroom homes designed for repeatable lease up and manageable upkeep. Vacant and move in ready for lease up, the offering gives investors a clean path to stabilization without inheriting existing leases. The location supports long term tenant demand: residents can step across the street for fresh air at Peninsula Park, use the MAX Yellow Line when they want to skip driving, meet friends for dinner and drinks along Mississippi or Williams, and rely on Killingsworth and Interstate for coffee, groceries, errands, and everyday services. A newer five unit asset in this North Portland pocket offers investors modern construction, functional layouts, private outdoor space, and park front access that can help support occupancy and retention.

Location

State OR

County Multnomah

Area _141

Zoning RM1

Rooms

Basement Crawl Space

Interior

Heating Mini Split

Cooling Heat Pump, Mini Split

Exterior

View Trees Woods

Roof Type Composition

Garage No

Building

Lot Description Level, Public Road

Story 2

Foundation Concrete Perimeter, Stem Wall

Sewer Public Sewer

Water Public Water

Level or Stories 2

Schools

Elementary Schools Chief Joseph

Middle Schools Ockley Green

High Schools Jefferson

Others

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

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Regional Multiple Listing Service (RMLS)

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Matthew Tercek

Team Lead / Agent | License ID: 201210228 (OR) 23013170 (WA)

+1(503) 453-5815 | matthew@tercekre.com

6179 N Albina AVE Portland, OR 97217

Matthew Tercek

Key Details

Location

Rooms

Interior

Exterior

Building

Schools

Others

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6179 N Albina AVE

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