Property profile

1408-1410 Boise St Portland, OR 97202

OFF-MARKET
Apartment buildings
Property ID
US71-0450580
4,556 SF 0.23 ac lot Built 1904
Entity Owned 4-yr Hold ~ Est. High Equity
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Property profile

Verified
Property type Apartment buildings
Use group APARTMENT HOUSE (5+ UNITS)
Year built 1904
Construction FRAME
Total area 4,556 SF
Lot 0.23 ac (10,000 SF)
Zoning code R2.5
APN 1S1E11DC 04700
UPID US71-0450580

Cap rate & NOI

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

Location

1408-1410 Boise St Portland, OR 97202
Portland metro Census 1000 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
by Request
Comparable Approach Comparable
$1.71M
Blend (final) Blend
$655k

Owner & transaction history

since 2022
7 recorded transactions
2022
Price N/A
2005
Price N/A
2003
$520,000
2000
Price N/A
1994
$320,000
1990
$150,444
1969
Price N/A

Zoning & alternative use

R2.5 · 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
Retail stores $1.5M +15.9%
Auto repair, garage $1.4M +6.0%
Medical building $1.4M +4.8%

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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