Financial
Distress signals
Property profile

1406 27th Ave Portland, OR 97214

OFF-MARKET
Other apartment buildings
Property ID
US71-1804915
5,545 SF 0.23 ac lot Built 1941
Last sale Oct 2023 · $1,700,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 2-yr Hold Held for 2 years. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Property summary

AI-generated overview

This 8-unit multifamily property in Portland was constructed in 1941 and is configured as a single-level building with attached garages and a central courtyard. The unit mix consists of six one-bedroom apartments, one studio apartment, and one two-bedroom apartment. The property is located at 1406 SE 27th Ave, one block from Hawthorne Boulevard, with additional nearby retail including a Safeway two blocks away and a Fred Meyer less than one mile from the building; it is situated within a…

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.

Mortgages

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?
$16k
Tax billed · 2023
Assessed value$597k
Effective rate2.65%

Value estimate

· Sep 2026
$2.17M
$1.95M – $2.39M
CAP approach$1.10M
Submarket $/SF estimate$1.68M

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

Recently sold

What actually traded nearby?
$296/SF
ZIP average, outlier-cleaned · 42 recorded sales of this use type
Observed band · Q1–Q3$90 – $433
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?
R1
JurisdictionMULTNOMAH

Location intelligence

Which uses thrive at this corner?
Best fit: Parking Facility
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Parking Facility12.5
Laundry Service12.4
HVAC Service11.2

Location

1406 27th Ave Portland, OR 97214-2972
County assessor Recorded deeds · 5 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 · 14 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
2904 Washington, Portland, OR 97214-3057 $1,521,500 Feb 2026 6,399 SF
1501 Oak, Portland, OR 97214-1454 $1,628,200 Jul 2025 5,884 SF
1223-1227 Yamhill, Portland, OR 97214 $815,789 Oct 2024 4,974 SF
2311 Hawthorne, Portland, OR 97214-3922 $1,025,000 Oct 2024 5,722 SF
1404 29th, Portland, OR 97214-4105 $2,575,000 Nov 2023 5,949 SF
2109 Ash, Portland, OR 97214-1685 $152,500 Dec 2022 5,528 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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