134 160th Ave Portland, OR 97233-3557
Property Lookup
Property profile & analytics
134 160th Ave Portland, OR 97233-3557
- Apartment buildings
- 22,804 SF
- 0.86 lot acres
Property ID
US71-1811084
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.
Location Intelligence
Current Use by Public Records
- Francisco Carpet Cleaning / Carpet Cleaning Service
Property Details for 134 160th Ave
- Year built
- 1996
- Lot size
- 0.86 lot acres
- Property size
- 22,804 SF
- Zone code
- RHDH
- Property type
- Apartment buildings
- APN
- 1N2E36DD 02100
- APU
- 1N2E36DD02100
Description
This exceptional investment opportunity presents Concord Village Apartments, a 30-unit multifamily property situated on a 0.86-acre lot in Portland, Oregon's desirable Multnomah County (zip code 97233). Built in 1996, this two-story, two-building complex boasts a total of 22,920 square feet. The property features a mix of spacious one, two, and three-bedroom apartments, each equipped with modern amenities including fully-equipped kitchens featuring stainless steel appliances, hardwood-style flooring, in-unit washers and dryers, and private patios or balconies. Residents enjoy the convenience of ample off-street parking and a pet-friendly environment. The average unit rent is $764, generating a strong 5.05% cap rate on the $4,500,000 asking price ($150,000 per unit, $224 per square foot). Concord Village benefits from its strategic location near major retailers and dining at 205 Place and Gresham Station, and enjoys proximity to significant employers such as Boeing, Albertsons, Amazon, FedEx, and Subaru. Excellent public transportation access via TriMet MAX Light Rail and multiple bus lines ensures easy commuting throughout the Portland metro area. This well-maintained property offers a compelling combination of strong rental income, desirable location, and significant upside potential for a savvy investor. The address is 134 SE 160th Ave, Portland, OR 97233.
Value Estimations
based on Realmo’s proprietary methodology
-
AI approach
- Method
- Estimation
- Statistic approach
- $3,875,000
-
CAP approach
- CAP Return
- Estimation
- 6%
- $4,880,000
- 6.5%
- $4,505,000
- 7%
- $4,185,000
-
Comparable approach
- Method
- Estimation
- Statistic Estimate
- $5,808,000
- AI Estimate
- $5,808,000
Market price range: $3.02M - $6.08MMarket price range: $3.02M - $6.08M -
Alternative Use
- Use
- Estimation
- APARTMENT HOUSE (5+ UNITS)
- $4,490,000 Current use
- AUTO REPAIR, GARAGE
- $6,965,000 Change: +55% Conversion: Difficult
- MEDICAL BUILDING
- $6,890,000 Change: +53% Conversion: Moderate
- OFFICE BUILDING
- $6,590,000 Change: +47% Conversion: Moderate
- COMMERCIAL (GENERAL)
- $5,970,000 Change: +33% Conversion: Moderate
- RETAIL STORES
- $5,520,000 Change: +23% Conversion: Difficult
Get a detailed, property-specific estimation — fast and free
Location Insight
- Map
- Local Demand
- City
- Portland
- County
- Multnomah
- State
- Oregon
- Longitude
- -122.498
- Latitude
- 45.5212
- 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
$53,586
$0.00
$0.00
$2,367,420
-
$937,500
$3,097,390
$4,034,890
