5265 15Th AvePortland, OR 97211

This exceptional 2022-built, three-story multifamily home in Portland's desirable Alberta Arts District offers a unique investment opportunity. Boasting 2,548 square feet, the property features two distinct units: a spacious main unit with four bedrooms and 2.1 bathrooms, and a separate lower-level unit with one bedroom and one bathroom. The main unit showcases an open-concept living area perfect for entertaining, a chef's kitchen with stainless steel appliances, and a charming faux balcony. Upstairs, the primary suite includes ample closet space, and two additional generously sized bedrooms, each with its own walk-in closet. The lower-level unit, upgraded with soundproofing, offers a private entrance, open-concept living room, full kitchen, and a spacious bedroom with bathroom. The property also includes a covered deck and a private, fenced yard. Currently operating as a successful Airbnb with a transferable Type B Rental Permit, this property presents a blend of luxurious living and income-generating potential. Located in a highly walkable and bikeable area (WalkScore 96, BikeScore 100), this home is a rare find in a thriving community. The property is zoned R2.5 and sits on a single building on a lot in Multnomah County, Oregon, with the address 5265 NE 15th Ave, Portland, OR 97211. The asking price is $849,900.