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Property profile & analytics
OFF-MARKET
Estimated value
$60,360,000
Apartment buildings
1000 Vis Ave, Portland, OR 97205-1152
Entity Owned
2-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US71-0163225
Property profile
Verified
Property type
Apartment buildings
Use group
APARTMENT HOUSE (5+ UNITS)
Year built
1953
Total area
252,462 SF
Lot
1.38 ac (59,982 SF)
Zoning code
RHD
APN
1N1E33CD 04200
UPID
US71-0163225
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
-
Vista St. Clair Apartments Apartment Building Apartment Rental Agency
-
Svenofun LLC Association Or Organization
-
Gregory J Howe Law Office Law Firm
-
TBChadwick Information Services Business To Business Service
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$60.36M
Blend (final)
Blend
$60.36M
Owner & transaction history
Vista St Clair Apartments LLC · 2 yrs held
Vista St Clair Apartments LLC
since 2024
5 recorded transactions
Zoning & alternative use
RHD · Portland, OR
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Restaurant
$86.5M
+28.8%
Auto repair, garage
$77.1M
+14.8%
Medical building
$76.3M
+13.6%
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Portland submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Portland submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
Method
Estimation
Statistic approach
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
APARTMENT HOUSE (5+ UNITS)
$67,125,000
Current use
RESTAURANT
$86,460,000
Change: +29% · Conversion: Difficult
AUTO REPAIR, GARAGE
$77,085,000
Change: +15% · Conversion: Difficult
MEDICAL BUILDING
$76,255,000
Change: +14% · Conversion: Moderate
RETAIL STORES
$75,795,000
Change: +13% · Conversion: Difficult
OFFICE BUILDING
$72,965,000
Change: +9% · Conversion: Moderate
COMMERCIAL (GENERAL)
$72,705,000
Change: +8% · Conversion: Moderate
Blend value · Realmo final
$60.36M
Range $54.32M – $66.40M · ±10%
Realmo estimate · informational only.
These numbers are calculated by our models from public records and may not reflect actual market value.
Not an appraisal.
Verify with a licensed appraiser before transacting. Realmo accepts no liability for divergence from real-world outcomes.
View the full estimation — every method, every assumption
Confidence drivers & risk notes · Custom comparable set · Free for first 3 / day
Full estimation methodology
Every method · every assumption · confidence drivers
Price per SF
Sale + rent benchmarks
Subject property
$239 / SF
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2023Property tax & assessments
Tax year 2023
Tax billed
$586,081
Tax year 2023
Assessed value
$22,138,230
Assessed 2023
Previous assessed
$21,493,430
+3.0% YoY
Effective rate
2.65%
On assessed value
Land market value
$12,000,000
Improvement market value
$43,544,250
Total market value
$55,544,250
Applied tax rate
1.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Apartment buildings
Use group
APARTMENT HOUSE (5+ UNITS)
Status
Off-Market
Year built
1953
Heating
NONE
Stories
1
Total area
252,462 SF
Lot
1.38 ac (59,982 SF)
Zoning code
RHD
APN
1N1E33CD 04200
UPID
US71-0163225
Jurisdiction
MULTNOMAH
Zoning & alternative use
RHD · Portland, OR
Zoning RHD · permitted uses
RHD · Portland, OR
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Portland. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
APARTMENT HOUSE (5+ UNITS) Current
Est. value
$67.1M
RESTAURANT
Est. value
$86.5M
AUTO REPAIR, GARAGE
Est. value
$77.1M
MEDICAL BUILDING
Est. value
$76.3M
RETAIL STORES
Est. value
$75.8M
OFFICE BUILDING
Est. value
$73.0M
COMMERCIAL (GENERAL)
Est. value
$72.7M
APARTMENT HOUSE (5+ UNITS) Current
RESTAURANT
AUTO REPAIR, GARAGE
MEDICAL BUILDING
RETAIL STORES
OFFICE BUILDING
COMMERCIAL (GENERAL)
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
1953
Heating
NONE
Stories
1
Lot
1.38 ac
Current owner
From public records · entity-resolved
Vista St Clair Apartments LLC
Entity
Mailing address
101 SW MAIN ST STE #1210, PORTLAND, OR 97204-3265
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2024
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
5 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jun 20, 2024
—
Vista St Clair Apartments LLC
—
Deed
related
$30,000,000 · Minnesota Life Insurance Company
Aug 25, 2016
—
Vista St Clair Apartments LLC
—
Deed
related
$8,250,000 · Miscellaneous Ins Co
—
—
Vista St Clair Apartments LLC
—
Deed Of Trust
related
$15,000,000 · Nationwide Life Insurance Co
—
—
Vista St Clair Apartments LLC
—
Deed Of Trust
related
$8,250,000 · Miscellaneous Ins Co
—
—
Vista Stclair Apartments LLC
—
Deed Of Trust
related
$9,500,000 · State Farm Life Insurance Co
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
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