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Financial
Distress signals
Property profile

1122 Wi Ne Kelly Ave Gresham, OR 97030

OFF-MARKET
Apartment buildings
Property ID
US71-0957817
17,142 SF 1.07 ac lot Built 2001
Trust Owned Owner of record is a trust. 24-yr Hold Held for 24 years. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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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?
$38k
Tax billed · 2023
Assessed value$2.03M
Effective rate1.88%

Value estimate

· Oct 2026
$5.09M
$4.58M – $5.60M
Submarket $/SF estimate$5.47M

Realmo valuation models over county records and 4 qualifying comparable sales.

Recently sold

What actually traded nearby?
$263/SF
County average, outlier-cleaned · 456 recorded sales of this use type
Observed band · Q1–Q3$155 – $392
Qualifying comparables4

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?
DTM
This mixed use sub district provides a mid rise, mixed use character in the center of Downtown near the light rail stations, It also supp...
General categoryMIXED_USE
JurisdictionMULTNOMAH

Location intelligence

Which uses thrive at this corner?
Best fit: Shoe Repair
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Shoe Repair8.5
Catering Service8.1
Bike Shop6.8

Location

1122 Wi Ne Kelly Ave Gresham, OR 97030
County assessor Recorded deeds · 4 transfers 4 qualifying comp sales 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 · 12 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
800 4th, Gresham, OR 97030-7437 $2,177,901 Aug 2024 10,160 SF
2501 Powell, Gresham, OR 97030-6413 $4,485,000 Jun 2022 25,639 SF
21805 Alder, Gresham, OR 97030-2451 $475,000 Feb 2022 6,910 SF
2710 Division, Gresham, OR 97030-6001 $6,950,000 Dec 2021 32,560 SF
805 Kane, Gresham, OR 97030-5926 $8,800,000 Dec 2020 46,582 SF
2628 Red Sunset, Gresham, OR 97030-8102 $3,175,000 Apr 2019 6,360 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
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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