Property profile

1231 Hoyt St Portland, OR 97209

OFF-MARKET
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Property ID
US71-1022312
40,000 SF 0.23 ac Built 1906
Last sale Jul 2001·$435,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 7-yr Hold Held for 7 years. Absentee Owner Owner mailing address differs from the property address. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
Market Trends Soon

Property summary

AI-generated overview

The property is a creative office suite within a historic building, totaling 5,158 square feet. Interior features include high ceilings, hardwood floors, and exposed brick walls. The suite is arranged with an open work area, two office/conference rooms, an additional work room, two huddle rooms, and a kitchenette. Access and building systems include an open stairwell connecting to suites, two main building entries with key fob access, an alarm system, and security cameras. The building provides…

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?
$108k
Tax billed · 2023
Assessed value$4.10M
Effective rate2.65%

Value estimate

· Nov 2026
$8.54M
$7.69M – $9.39M
Submarket $/SF estimate$8.54M

Realmo valuation models over county records and 5 qualifying comparable sales.

Recently sold

What actually traded nearby?
$333/SF
ZIP average, outlier-cleaned · 32 recorded sales of this use type
Observed band · Q1–Q3$214 – $443
Qualifying comparables5

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?
EXD
JurisdictionMULTNOMAH

Location intelligence

Which uses thrive at this corner?
Best fit: Laundromat
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Laundromat10.5
Daycare Center6.4
Tanning Salon6.3

Location

1231 Hoyt St Portland, OR 97209-3021
County assessor Recorded deeds · 7 transfers 5 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 · 18 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
300 14th, Portland, OR 97209-2604 $3,600,000 Dec 2025 36,800 SF
208 5th, Portland, OR 97209-4069 $6,900,000 Mar 2025 20,000 SF
1624 Lovejoy, Portland, OR 97209-2314 $4,270,298 Nov 2024 20,000 SF
205 4th, Portland, OR 97209-3805 $4,650,000 Jun 2024 30,000 SF
1800 16th, Portland, OR 97209-2556 $750,000 Jan 2020 19,652 SF
220 8th, Portland, OR 97209-3503 $9,000,000 Jul 2019 69,617 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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Rey answers here. ChatGPT, Grok and Claude get the same data packet.

Includes: Price & PSF · Cap rate · Location · Zoning

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