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Financial
Distress signals
Property profile

10650 121st Ave Portland, OR 97223

OFF-MARKET
Apartment buildings
Property ID
US71-0435484
4.56 ac lot Built 1977
Last sale Mar 2025 · $9,000,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 1-yr Hold Held for 1 years. Absentee Owner Owner mailing address differs from the property address. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Property summary

AI-generated overview

Westwood Green Apartments, a 53-unit apartment building in Tigard, Oregon, presents a compelling value-add opportunity. This established property, situated on a 4.56-acre lot at 10650 SW 121st Ave, boasts 40,047 square feet of space (39,531 net rentable) and is priced at $9,250,000 ($233/sq ft, $174,528/unit). Built in 1977, the eight buildings feature a mix of 18 one-bedroom, 25 two-bedroom, and 10 three-bedroom units, each equipped with modern conveniences like dishwashers and disposals,…

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.

Debts

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?
$58k
Tax billed · 2023
Assessed value$3.26M
Effective rate1.79%

Value estimate

· Oct 2026
$2.52M
$2.27M – $2.77M

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?
R-12
JurisdictionWASHINGTON

Location intelligence

Which uses thrive at this corner?
Best fit: Law Firm
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Law Firm17.3
Parking Facility12.3
Laundry Service10.1

Location

10650 121st Ave Portland, OR 97223-3350
County assessor Recorded deeds · 6 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
11359 Greenburg, Portland, OR 97223-5348 $4,150,000 Dec 2025 No data
8610 Scoffins, Portland, OR 97223-6259 $7,870,000 Aug 2025 No data
9915 Frewing, Portland, OR 97223-5040 $7,200,000 Jul 2025 No data
11380 Greenburg, Portland, OR 97223-5357 $1,790,000 Jun 2025 6,432 SF
9550 Washington, Portland, OR 97223-6755 $4,950,000 Mar 2025 No data
12375 Hall, Portland, OR 97223-6235 $2,770,000 Jun 2024 No data
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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