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Property profile & analytics
OFF-MARKET
Apartment buildings
1966-1968 5th Ave, Portland, OR 97201
Entity Owned
3-yr Hold
~
Est. High Equity
Property ID
US71-0612570
Property profile
Verified
Property type
Apartment buildings
Use group
APARTMENT HOUSE (5+ UNITS)
Year built
2013
Total area
58,147 SF
Lot
0.2 ac (8,750 SF)
Zoning code
RXD
APN
1S1E04DA 02000
UPID
US71-0612570
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
by Request
Blend (final)
Blend
by Request
Owner & transaction history
858 Pearl Street LLC · 3 yrs held
858 Pearl Street LLC
since 2022
Last sale
$2.7M
7 recorded transactions
Zoning & alternative use
RXD · Portland, OR
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 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
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
—
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
$255,452
Tax year 2023
Assessed value
$9,649,260
Assessed 2023
Previous assessed
$9,368,220
+3.0% YoY
Effective rate
2.65%
On assessed value
Land market value
$1,750,000
Improvement market value
$16,783,410
Total market value
$18,533,410
Applied tax rate
709.0000
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
2013
Heating
FORCED AIR
Stories
2
Bathrooms
2
Total area
58,147 SF
Lot
0.2 ac (8,750 SF)
Zoning code
RXD
APN
1S1E04DA 02000
UPID
US71-0612570
Jurisdiction
MULTNOMAH
Zoning & alternative use
RXD · Portland, OR
Zoning RXD · permitted uses
RXD · 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.
Building & site characteristics
From public records
Year built
2013
Heating
FORCED AIR
Stories
2
Bathrooms
2
Lot
0.2 ac
Current owner
From public records · entity-resolved
858 Pearl Street LLC
Entity
Mailing address
520 CONGER ST, EUGENE, OR 97402-2718
Ownership since
2022
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
12 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Oct 6, 2022
—
858 Pearl Street LLC
Tm Pdx 2015 LLC
Quit Claim Deed
related
—
Dec 4, 2018
—
Tm Pdx 2015 LLC
—
Deed
related
$14,350,000 · Washington Cap Joint Master Tr
Nov 20, 2015
$2,700,000
Tm Pdx 2015 LLC
Ram 1962 Sw 5th Ave LLC
Grant Deed
—
Nov 20, 2015
—
Tm Pdx 2015 LLC
Southwest 5th & College LLC
Trustees Deed
related
$14,100,000 · Colfin Mw8 Funding LLC
Oct 19, 2012
—
Southwest 5th & College LLC
—
Grant Deed
related
$11,242,000 · West Coast Bk
Jul 19, 2012
$2,637,000
Rph 1962 Sw 5th Ave LLC
Southwest 5th & College LLC
Warranty Deed
related
—
Aug 21, 2009
$958,000
Southwest 5th & College LLC
Watson,james K & Jenny L
Grant Deed
—
Jul 20, 2006
$574,490
James K Watson
Anoushiravani,morteza & Laya
Warranty Deed
$372,880 · Gn Mortgage Corp
Oct 10, 2005
—
Morteza Anoushiravani
Anoushiravani,theresa
Quit Claim Deed
related
—
Dec 1, 1991
$110,000
Morteza Anoushiravani
Unknown
Grant Deed
—
—
—
Southwest 5th & College LLC|rph 1962 Sw 5th Ave Ll
—
Loan Modification
related
$11,082,300 · Columbia St Bk
—
—
Tm Pdx 2015 LLC
—
Deed Of Trust
related
$14,350,000 · Washington Cap Joint Master Tr
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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