Technical
Financial
Distress signals
Property profile

2002 22nd Ave 2012 Portland, OR 97212

OFF-MARKET
Apartment buildings
Property ID
US71-0718893
5,610 SF 0.17 ac lot Built 1962
Individually Owned 22-yr Hold Absentee Owner ~ Est. High Equity
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Property profile

Verified
Property type Apartment buildings
Use group APARTMENT HOUSE (5+ UNITS)
Year built 1962
Construction FRAME
Total area 5,610 SF
Lot 0.17 ac (7,500 SF)
Zoning code R1AD
APN 1N1E26DD 00700
UPID US71-0718893

Cap rate & NOI

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

Location

2002 22nd Ave, Unit 2012 Portland, OR 97212-4707
Portland metro Census 2502 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
$1.43M
Blend (final) Blend
$435k

Owner & transaction history

2 recorded transactions
1969
Price N/A
1969
Price N/A

Zoning & alternative use

R1AD · Portland, OR
Top alternative use upside
Restaurant $1.9M +28.8%
Auto repair, garage $1.7M +14.8%
Medical building $1.7M +13.6%

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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