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Property profile & analytics
OFF-MARKET
Estimated value
$1,040,000
Apartment buildings
2118 Baker St, Mcminnville, OR 97128-2606
Entity Owned
5-yr Hold
Absentee Owner
Free & Clear
Property ID
US71-0009578
Property profile
Verified
Property type
Apartment buildings
Use group
APARTMENT HOUSE (5+ UNITS)
Year built
1963
Total area
1,279 SF
Lot
0.5 ac (21,780 SF)
Zoning code
R4
APN
R4416CB 03100
UPID
US71-0009578
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
$1.04M
Owner & transaction history
Kck Partners LLC · 5 yrs held
Kck Partners LLC
since 2020
Last sale
$985,000
7 recorded transactions
Zoning & alternative use
R4 · Mcminnville, 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 Mcminnville submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Mcminnville 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
$1,150,000
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$1.04M
Range $936k – $1.14M · ±10% · vs last sale $985k (Dec 21 2020)
Last sale anchor
$985k
Dec 21 2020
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
$813 / 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
$12,985
Tax year 2023
Assessed value
$768,255
Assessed 2023
Previous assessed
$745,879
+3.0% YoY
Effective rate
1.69%
On assessed value
Land market value
$392,040
Improvement market value
$918,360
Total market value
$1,310,400
Applied tax rate
40.0000
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
1963
Heating
BASEBOARD
Stories
1
Bathrooms
3
Total area
1,279 SF
Lot
0.5 ac (21,780 SF)
Zoning code
R4
APN
R4416CB 03100
UPID
US71-0009578
Jurisdiction
YAMHILL
Zoning & alternative use
R4 · Mcminnville, OR
Zoning R4 · permitted uses
R4 · Mcminnville, OR
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Mcminnville. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1963
Heating
BASEBOARD
Stories
1
Bathrooms
3
Lot
0.5 ac
Current owner
From public records · entity-resolved
Kck Partners LLC
Entity
Free & Clear · 5 yrs held
Mailing address
11483 SE AMITY DAYTON HWY, DAYTON, OR 97114-8405
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2020
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
8 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 21, 2020
$985,000
Kck Partners LLC
Carl P A & Kois1985 F Trust
Warranty Deed
—
Mar 17, 2014
$625,000
Paul Abraham Carl Koistinen & Carol
Pradeep Rao
Warranty Deed
$298,000 · Wells Fargo Bank NA
Oct 4, 2006
$669,900
Vic Gross
Chambers June Trust
Warranty Deed
—
Sep 7, 2005
—
Chambers June Trust
Chambers,june
Quit Claim Deed
related
—
Apr 21, 2005
$555,000
June Chambers
Vasquez Lionel Trust
Warranty Deed
$415,000 · First Federal Savings Bank
Jun 30, 1999
$500,000
Vasquez Trust
Myatt,h D
Grant Deed
$378,500 · First Federal Savings & Loan
—
—
H D Myatt
—
Deed Of Trust
related
$456,415 · Valley Community Bank
Jan 1, 1957
—
William W Toliver
Unknown
Grant Deed
related
—
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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