Property profile

650 Gaines St Portland, OR 97239

OFF-MARKET
Apartment buildings
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Property ID
US71-0992856
404,000 SF 0.92 ac Built 2008
Last sale Jan 2012·$70,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 14-yr Hold Held for 14 years. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
Market Trends Soon

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. Included with a plan.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with a plan.

Debts

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

Recorded lenders, amounts and estimated maturities of the owner's loan book — included with a plan.

Property tax · 2023

What does the county charge?
$936k
Tax billed · 2023
Assessed value$35.35M
Effective rate2.65%

Value estimate

· Nov 2026
$96.39M
$86.75M – $106.03M
Submarket $/SF estimate$96.39M

Realmo valuation models over county records.

Recently sold

What actually traded nearby?
$266/SF
Submarket average, outlier-cleaned · 440 recorded sales of this use type
Observed band · Q1–Q3$159 – $395

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?
CXD
JurisdictionMULTNOMAH

Location intelligence

Which uses thrive at this corner?
Best fit: HVAC Service
Demand heat for this use is drawn on the map · LocInt grid
Demand index
HVAC Service9.6
Locksmith9.2
Pawn Shop8.7

Location

650 Gaines St Portland, OR 97239-4410
County assessor Recorded deeds · 8 transfers Qualifying comp sales · not on file 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
650 Lowell, Portland, OR 97239-4418 $500,000 May 2025 171,567 SF
4949 Lndg, Portland, OR 97239-5911 $34,500,000 Sep 2024 147,073 SF
3750 Riv, Portland, OR 97239-4743 $925,000 Nov 2022 279,607 SF
3939 Bond, Portland, OR 97239-4706 $82,800,000 Feb 2019 282,840 SF
4920 Lndg, Portland, OR 97239-5984 $5,000,000 Dec 2018 68,650 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
Research This Page with AI

Rey answers here. ChatGPT, Grok and Claude get the same data packet.

Includes: Price & PSF · Cap rate · Location · Zoning

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