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Property profile & analytics
OFF-MARKET
Estimated value
$585,000
Apartment buildings
1918 3rd Ave Spokane, WA 99201-7649
Individually Owned
4-yr Hold
Property ID
US90-3194640
Property profile
Verified
Property type
Apartment buildings
Use group
APARTMENT HOUSE (5+ UNITS)
Year built
1902
Construction
STEEL FRAME
Total area
2,031 SF
Lot
0.15 ac (6,380 SF)
APN
25241.2109
UPID
US90-3194640
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
$619k
Blend (final)
Blend
$585k
Owner & transaction history
Donald F Pozarycki · 4 yrs held
Donald F Pozarycki
since 2021
Last sale
$580,000
6 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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 Spokane submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Spokane 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
Blend value · Realmo final
$585k
Range $527k – $644k · ±10% · vs last sale $580k (Jul 28 2021)
Last sale anchor
$580k
Jul 28 2021
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
$288 / 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
$5,274
Tax year 2023
Assessed value
$539,700
Assessed 2024
Previous assessed
$275,300
+96.0% YoY
Effective rate
0.98%
On assessed value
Assessed land
$63,800
Assessed improvement
$475,900
Land market value
$63,800
Improvement market value
$475,900
Total market value
$539,700
Applied tax rate
10.0000
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
Off-Market
Year built
1902
Construction
STEEL FRAME
Heating
NONE
Stories
2
Units
5
Bathrooms
5
Total area
2,031 SF
Lot
0.15 ac (6,380 SF)
APN
25241.2109
UPID
US90-3194640
Jurisdiction
SPOKANE
Zoning & alternative use
Zoning · permitted uses
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Building & site characteristics
From public records
Year built
1902
Construction
STEEL FRAME
Heating
NONE
Stories
2
Units
5
Bathrooms
5
Lot
0.15 ac
Current owner
From public records · entity-resolved
Donald F Pozarycki
Individual
Mailing address
7148 SE 66TH AVE, PORTLAND, OR 97206-7455
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2021
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
Jul 28, 2021
$580,000
Donald F Pozarycki
James S Reid
Warranty Deed
—
Apr 19, 2021
$440,000
James S Reid
Kathryn J Campbell
Warranty Deed
—
Nov 13, 2008
$130,000
Kathryn J Campbell
Us Bank NA
Grant Deed
$97,500 · Inland Northwest Bank
Aug 7, 2008
$157,000
Us Bank NA
Northwest Te Svcs INC
Trustees Deed
related
—
Aug 29, 2005
$175,000
Mark Anderson
Penee M Paine
Warranty Deed
$157,500 · Bnc Mortgage INC
—
—
John C Paine
—
Deed Of Trust
related
$7,500 · Individual
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.
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