Property profile

1217 155th Ave Portland, OR 97230

OFF-MARKET
Assisted living facilities
Property ID
US71-0564177
3,067 SF 0.4 ac lot Built 1944
Individually Owned 3-yr Hold
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Property profile

Verified
Property type Assisted living facilities
Use group HOMES (RETIRED, NURSING)
Year built 1944
Total area 3,067 SF
Lot 0.4 ac (17,500 SF)
Zoning code R10
APN 1N2E36AB 05800
UPID US71-0564177

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Nursing Home Retirement Community

Location

1217 155th Ave Portland, OR 97230-5305
Portland metro Census 9301 PORTLAND-VANCOUVER-BEAVERTON, OR-WA METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
$745k

Owner & transaction history

since 2022
Last sale
$850,000
6 recorded transactions
2022
$850,000
2017
Price N/A
1994
$32,000
1969
Price N/A
1969
Price N/A
1969
Price N/A

Zoning & alternative use

R10 · Portland, OR
Zoning description

The single dwelling zone is intended to preserve land for housing and to provide housing opportunities for individual households

General category RESIDENTIAL
Top alternative use upside
Auto repair, garage $935,000 +79.6%
Medical building $925,000 +77.7%
Retail stores $920,000 +76.6%

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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