1450 Jefferson St Portland, OR 97201-2567
Property profile & analytics
1450 Jefferson St Portland, OR 97201-2567
- Apartment buildings
- 38,106 SF
- 0.24 lot acres
Property ID
US71-0883949
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
- Goose Hollow Lofts / Apartment Complex / Apartment Building
Property Details for 1450 Jefferson St
- Year built
- 2016
- Lot size
- 0.24 lot acres
- Property size
- 38,106 SF
- Zone code
- CXD
- Property type
- Apartment buildings
- APN
- 1S1E04AB 03100
- APU
- 1S1E04AB03100
Description
This exceptional 61-unit Class A apartment building, constructed in 2018, presents a compelling investment opportunity in Portland's desirable Goose Hollow neighborhood. Located at 1450 SW Jefferson St, this six-story building boasts 38,106 square feet on a 0.24-acre lot (APN: R246899, R246900). The property features a mix of studio, one, and two-bedroom units, each equipped with modern amenities including washer/dryer, quartz countertops, stainless steel appliances, and floor-to-ceiling windows. Many units offer open floor plans, balconies, and walk-in closets. Building amenities include a spacious resident lounge/lobby, secure entry, and private bike storage. The property benefits from its proximity to the TriMet MAX Light Rail line, offering convenient access to public transportation. The asking price is $11,150,000, representing a price per unit of $182,786.89 and a 4.47% cap rate. Assumable financing is available at a 4.46% interest rate. The permitted zoning is CXD. This property offers a strong return on investment with its prime location, modern features, and attractive financial terms. The building's high-quality construction and desirable amenities ensure strong occupancy rates and consistent rental income.
Value Estimations
based on Realmo’s proprietary methodology
-
AI approach
- Method
- Estimation
- Statistic approach
- $9,720,000
-
CAP approach
- CAP Return
- Estimation
- 6%
- $8,155,000
- 6.5%
- $7,525,000
- 7%
- $6,990,000
-
Comparable approach
- Method
- Estimation
- Statistic Estimate
- $15,054,000
- AI Estimate
- $15,054,000
Market price range: $6.06M - $15.1MMarket price range: $6.06M - $15.1M -
Alternative Use
- Use
- Estimation
- APARTMENT HOUSE (5+ UNITS)
- $10,130,000 Current use
- RESTAURANT
- $13,050,000 Change: +29% Conversion: Difficult
- AUTO REPAIR, GARAGE
- $11,635,000 Change: +15% Conversion: Difficult
- MEDICAL BUILDING
- $11,510,000 Change: +14% Conversion: Moderate
- RETAIL STORES
- $11,440,000 Change: +13% Conversion: Difficult
- OFFICE BUILDING
- $11,015,000 Change: +9% Conversion: Moderate
- COMMERCIAL (GENERAL)
- $8,210,000 Change: -19% Conversion: Moderate
Get a detailed, property-specific estimation — fast and free
Location Insight
- Map
- Local Demand
- City
- Portland
- County
- Multnomah
- State
- Oregon
- Longitude
- -122.689
- Latitude
- 45.5171
- 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
$176,473
$0.00
$0.00
$6,728,100
-
$2,100,000
$8,081,700
$10,181,700
