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    Property profile & analytics

    1048 122nd Ave Portland, OR 97233-1110

    • Investment properties
    • 1,200 SF
    • 0.18 lot acres
    OFF-MARKET
    Value Estimation
    $330,000
    Last Sale
    Mar 17, 2022
    $358,000
    Location Intelligence
    Property ID
    US71-0454354
    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

    • Eve Chiropractic Clinic / Chiropractor / Acupuncturist
    • Schaeffer & Associates / Property Management Company
    • Western States Mortgage Co / Mortgage Lender

    Property Details for 1048 122nd Ave

    Year built
    1952
    Lot size
    0.18 lot acres
    Property size
    1,200 SF
    Zone code
    R3A
    Property type
    Investment properties
    Property subtype
    Live-work space
    APN
    1S2E02BB 02200
    APU
    1S2E02BB02200

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $315,000

    • CAP approach

      CAP return
      Estimation
      6%
      $330,000
      6.5%
      $390,000
      7%
      $365,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $405,000
      Geo Method
      $390,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $420,000
      Retail
      $345,000
      Mixed-Use
      $405,000
      Hospitality
      $350,000
      Educational
      $355,000
      Residential Income
      $305,000
      Energy
      $425,000
      Income-Based Land
      $330,000
      Food Service
      $305,000

    Location Insight

    • Map
    • Local Demand
    City
    Portland
    County
    Multnomah
    State
    Oregon
    Longitude
    -122.537
    Latitude
    45.5154
    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
    $3,691
    $0.00
    $0.00
    $157,020
    -
    $184,500
    $162,490
    $346,990

    Comparable in this City

    • Value Estimation by Request
      862 SF

      17235 Stark St

      OFFICE/RESIDENTIAL (MIXED USE) • 862 SF
      17235 Stark St, Portland, OR 97233-4530
      View Details
    • Value Estimation by Request
      1,214 SF

      1117 122nd Ave

      OFFICE/RESIDENTIAL (MIXED USE) • 1,214 SF
      1117 122nd Ave, Portland, OR 97233-1160
      View Details
    • Value Estimation by Request
      1,689 SF

      15925 Stark St

      OFFICE/RESIDENTIAL (MIXED USE) • 1,689 SF
      15925 Stark St, Portland, OR 97233-3525
      View Details
    • Value Estimation
      $120,000
      3,424 SF

      14325 Stark St

      OFFICE/RESIDENTIAL (MIXED USE) • 3,424 SF
      14325 Stark St, Portland, OR 97233-2151
      View Details
    • Value Estimation
      $315,000
      1,555 SF

      1203 122nd Ave

      OFFICE/RESIDENTIAL (MIXED USE) • 1,555 SF
      1203 122nd Ave, Portland, OR 97233-1201
      View Details
    • Value Estimation by Request
      1,327 SF

      325 181st Ave

      OFFICE/RESIDENTIAL (MIXED USE) • 1,327 SF
      325 181st Ave, Portland, OR 97233-4836
      View Details

    Similar Nearby for Sale

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    • New
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      Well-maintained Portland duplex with updated kitchens and private yards.
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      Quarter-acre lot near transportation, shops, and downtown Portland.
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      High Density Development Opportunity

      One acre development site with five existing rental units.
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    Similar Nearby for Lease

    • Contact for pricing
      1,435 SF

      Walk-Up Offices with Natural Light

      Professionally managed office space near Mall 205.
      1515 SE 122Nd Ave, Portland, OR 97233
      View Details
    • Contact for pricing
      1,400 SF

      Retail Space on NE 122nd

      Retail space available with high traffic and convenient highway access.
      1614-1950 NE 122Nd Ave, Portland, OR 97233
      View Details
    • Contact for pricing
      15,038 SF

      Portland Retail Center - Division St

      High-traffic retail space, multiple units available.
      12250 Division St, Portland, OR 97233
      View Details
    • $20 SF/Yr
      6,700 SF

      Retail Space at Glisan Station

      Retail space available in a densely populated shopping center.
      221 NE 122Nd Ave, Portland, OR 97233
      View Details
    • $21 SF/Yr
      2,453 SF

      Shell Condition Office Space

      Office space for rent with signage and parking available.
      13908 SE Stark St, Portland, OR 97233
      View Details
    • $9 SF/Yr
      24,400 SF

      Industrial Space with Loading Dock

      Industrial space featuring a loading dock, parking, and signage.
      621 SE 202Nd Ave, Portland, OR 97233
      View Details
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    1048 122nd Ave
    Portland, OR 97233-1110
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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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