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    Property profile & analytics

    1020 60th Ave Portland, OR 97215-2847

    • Apartment buildings
    • 31,187 SF
    • 0.57 lot acres
    OFF-MARKET
    Value Estimation
    $16,985,000
    Last Sale
    Oct 19, 2021
    $16,400,000
    Location Intelligence
    Property ID
    US71-0898650
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Tabor Commons PDX / Apartment Building / Apartment Complex

    Property Details for 1020 60th Ave

    Year built
    1928
    Lot size
    0.57 lot acres
    Property size
    31,187 SF
    Zone code
    R2
    Property type
    Apartment buildings
    APN
    1S2E06AA 14600
    APU
    1S2E06AA14600

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $18,555,000

    • CAP approach

      CAP return
      Estimation
      6%
      $17,120,000
      6.5%
      $17,055,000
      7%
      $16,860,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $14,690,000
      Geo Method
      $14,255,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $14,430,000
      Retail
      $15,410,000
      Mixed-Use
      $13,490,000
      Hospitality
      $14,235,000
      Educational
      $13,260,000
      Residential Income
      $17,545,000
      Energy
      $17,230,000
      Income-Based Land
      $15,440,000
      Food Service
      $15,780,000

    Location Insight

    • Map
    • Local Demand
    City
    Portland
    County
    Multnomah
    State
    Oregon
    Longitude
    -122.601
    Latitude
    45.5157
    CBSA code
    38900
    CBSA name
    PORTLAND-VANCOUVER-BEAVERTON, OR-WA METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $8,713
    $0.00
    $0.00
    $328,810
    -
    $1,996,080
    $11,712,740
    $13,708,820

    Comparable in this City

    • Value Estimation by Request
      31,701 SF

      1478 49th Ave

      APARTMENT HOUSE (5+ UNITS) • 31,701 SF
      1478 49th Ave, Portland, OR 97215-2578
      View Details
    • Value Estimation by Request
      21,197 SF

      212 60th Ave, Unit 260

      APARTMENT HOUSE (5+ UNITS) • 21,197 SF
      212 60th Ave, Portland, OR 97215-1231
      View Details
    • Value Estimation by Request
      26,040 SF

      4334 Hawthorne Blvd

      APARTMENT HOUSE (5+ UNITS) • 26,040 SF
      4334 Hawthorne Blvd, Portland, OR 97215
      View Details
    • Value Estimation by Request
      13,624 SF

      4206 Salmon St, Unit 4246

      APARTMENT HOUSE (5+ UNITS) • 13,624 SF
      4206 Salmon St, Portland, OR 97215-2476
      View Details
    • Value Estimation by Request
      4,674 SF

      6300 Burnside St

      APARTMENT HOUSE (5+ UNITS) • 4,674 SF
      6300 Burnside St, Portland, OR 97215-1300
      View Details
    • Value Estimation by Request
      10,918 SF

      5625 Burnside St

      APARTMENT HOUSE (5+ UNITS) • 10,918 SF
      5625 Burnside St, Portland, OR 97215-1260
      View Details

    Similar Nearby for Sale

    • Contact for pricing

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      New construction in Mt. Tabor neighborhood with modern layouts.
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      View Details
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      9,690 SF

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      24-Unit Multifamily Investment Opportunity

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      9,690 SF

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    Similar Nearby for Lease

    • $28 SF/Yr
      39,603 SF

      Meridian Lofts: Prime Retail Space

      Modern Portland retail space, ideal for various uses.
      1478 49Th Ave, Portland, OR 97215
      View Details
    • $450 /Mo
      200 SF

      Office Space Available For Rent

      Office space available for rent with 200 square feet.
      7901-7911 SE Stark St, Portland, OR 97215
      View Details
    • Contact for pricing
      1,113 SF

      Retail Space in Portland Center

      Retail space in densely populated Portland neighborhood near I-84.
      5504-5534 E Burnside St, Portland, OR 97215
      View Details
    • Contact for pricing

      Office/Retail Space in Mt. Tabor

      Office/retail space in desirable Mt. Tabor neighborhood with unique features.
      6045 SE Stark St, Portland, OR 97215
      View Details
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    1020 60th Ave
    Portland, OR 97215-2847
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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