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Property profile & analytics
FOR SALE
Apartment buildings
1414 SE Lambert St, Portland, OR 97202
Individually Owned
8-yr Hold
Free & Clear
Property ID
US71-1010667
For Sale
1 / 17
$899,000
1414 SE Lambert St, Portland, OR 97202
View Listing →
Property profile
Verified
Property type
Apartment buildings
Use group
APARTMENT HOUSE (5+ UNITS)
Year built
1907
Construction
FRAME
Total area
1,622 SF
Lot
0.11 ac (5,000 SF)
Zoning code
R5
APN
1S1E23CA 00300
UPID
US71-1010667
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$651k
Blend (final)
Blend
$650k
Owner & transaction history
John A Kohler IV Limited Liability · 8 yrs held
John A Kohler IV Limited Liability
since 2017
6 recorded transactions
Zoning & alternative use
R5 · Portland, OR
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Retail stores
$540,000
+15.9%
Auto repair, garage
$495,000
+6.0%
Medical building
$490,000
+4.8%
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Portland submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Portland submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
Method
Estimation
Statistic approach
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
APARTMENT HOUSE (5+ UNITS)
$465,000
Current use
RETAIL STORES
$540,000
Change: +16% · Conversion: Difficult
AUTO REPAIR, GARAGE
$495,000
Change: +6% · Conversion: Difficult
MEDICAL BUILDING
$490,000
Change: +5% · Conversion: Moderate
COMMERCIAL (GENERAL)
$470,000
Change: +1% · Conversion: Moderate
OFFICE BUILDING
$470,000
Change: +0% · Conversion: Moderate
Blend value · Realmo final
$650k
Range $585k – $715k · ±10%
Realmo estimate · informational only.
These numbers are calculated by our models from public records and may not reflect actual market value.
Not an appraisal.
Verify with a licensed appraiser before transacting. Realmo accepts no liability for divergence from real-world outcomes.
View the full estimation — every method, every assumption
Confidence drivers & risk notes · Custom comparable set · Free for first 3 / day
Full estimation methodology
Every method · every assumption · confidence drivers
Price per SF
Sale + rent benchmarks
Subject property
$401 / SF
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2023Property tax & assessments
Tax year 2023
Tax billed
$8,003
Tax year 2023
Assessed value
$302,010
Assessed 2023
Previous assessed
$293,220
+3.0% YoY
Effective rate
2.65%
On assessed value
Land market value
$523,650
Improvement market value
$625,330
Total market value
$1,148,980
Applied tax rate
201.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Apartment buildings
Use group
APARTMENT HOUSE (5+ UNITS)
Status
For Sale
Year built
1907
Construction
FRAME
Heating
BASEBOARD
Stories
1
Units
6
Bathrooms
6
Total area
1,622 SF
Lot
0.11 ac (5,000 SF)
Zoning code
R5
APN
1S1E23CA 00300
UPID
US71-1010667
Jurisdiction
MULTNOMAH
Zoning & alternative use
R5 · Portland, OR
Zoning R5 · permitted uses
R5 · Portland, OR
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Portland. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
APARTMENT HOUSE (5+ UNITS) Current
Est. value
$465,000
RETAIL STORES
Est. value
$540,000
AUTO REPAIR, GARAGE
Est. value
$495,000
MEDICAL BUILDING
Est. value
$490,000
COMMERCIAL (GENERAL)
Est. value
$470,000
OFFICE BUILDING
Est. value
$470,000
APARTMENT HOUSE (5+ UNITS) Current
RETAIL STORES
AUTO REPAIR, GARAGE
MEDICAL BUILDING
COMMERCIAL (GENERAL)
OFFICE BUILDING
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
1907
Construction
FRAME
Heating
BASEBOARD
Stories
1
Units
6
Bathrooms
6
Lot
0.11 ac
Current owner
From public records · entity-resolved
John A Kohler IV Limited Liability
Individual
Free & Clear · 8 yrs held
Mailing address
2648 8TH AVE, OAKLAND, CA 94606-2120
Ownership since
2017
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
6 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 22, 2017
—
John A Kohler IV Limited Liability
John A Kohler III Limited Partnersh
Bargain And Sale Deed
—
Dec 18, 2017
—
John Ae Kohler IV LLC
Kohler,john A IV
Quit Claim Deed
—
Dec 4, 2017
—
John A Kohler IV
John A Kohler III LP
Quit Claim Deed
related
—
Jul 19, 2016
—
John A Kohler III LP
—
Deed
related
$551,250 · Lewis & Clark Bk
Oct 20, 2015
$735,000
John A Kohler III Limited Partnersh
T&t Real Estate & Investments LLC
Warranty Deed
$530,000 · Lewis & Clark Bank
—
—
John A Kohler III LP
—
Loan Modification
related
$551,250 · Lewis & Clark Bk
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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