Financial
Distress signals
Property profile

1626 Ash St 1646 Portland, OR 97214

OFF-MARKET
Other apartment buildings
Property ID
US71-0774147
4,560 SF 0.25 ac lot Built 1973
Last sale May 2023 · $2,350,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 3-yr Hold Held for 3 years. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Property summary

AI-generated overview

A 10-unit multifamily apartment building located on a prominent quarter-acre corner lot in Portland’s Buckman neighborhood. The building was constructed in the mid-1970s and consists of spacious two-bedroom, one-bath units, each approximately 912 square feet, with large, open living areas. It has had exterior improvements including a newer roof, updated siding, and fresh exterior paint. The property is configured with off-street parking, shared laundry facilities, tenant storage, and dedicated bike storage. The site is zoned R2.5, supporting multifamily residential use.

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. In the full report.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with the full report.

Mortgages

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.

Property tax · 2023

What does the county charge?
$16k
Tax billed · 2023
Assessed value$616k
Effective rate2.65%

Value estimate

· Sep 2026
$3.00M
$2.70M – $3.30M
Submarket $/SF estimate$1.73M

Realmo valuation models over county records and 6 qualifying comparable sales.

Recently sold

What actually traded nearby?
$296/SF
ZIP average, outlier-cleaned · 42 recorded sales of this use type
Observed band · Q1–Q3$90 – $433
Qualifying comparables6

Cap rate analysis

How does the asset earn?

No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.

Zoning insight

What can be built here?
R2.5
The single dwelling zone is intended to preserve land for housing and to provide housing opportunities for individual households
General categoryRESIDENTIAL
JurisdictionMULTNOMAH

Location intelligence

Which uses thrive at this corner?
Best fit: Laundromat
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Laundromat8.8
Tanning Salon8.0
Florist7.1

Location

1626 Ash St, Unit 1646 Portland, OR 97214-1451
County assessor Recorded deeds · 5 transfers 6 qualifying comp sales Zoning catalog

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 14 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
1223-1227 Yamhill, Portland, OR 97214 $815,789 Oct 2024 4,974 SF
1937 Stark, Portland, OR 97214-1571 $665,000 Sep 2024 3,866 SF
2903-2905 Belmont, Portland, OR 97214 $400,000 Apr 2024 4,462 SF
1406 27th, Portland, OR 97214-2972 $1,700,000 Oct 2023 5,545 SF
2004 Yamhill, Portland, OR 97214-2843 $180,000 Dec 2022 4,752 SF
2109 Ash, Portland, OR 97214-1685 $152,500 Dec 2022 5,528 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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