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Property profile & analytics
OFF-MARKET
Assisted living facilities
2210 23rd St Gresham, OR 97030-3110
Individually Owned
1-yr Hold
Property ID
US71-1678290
Property profile
Verified
Property type
Assisted living facilities
Use group
HOMES (RETIRED, NURSING)
Year built
1972
Total area
1,908 SF
Lot
0.2 ac (8,736 SF)
Zoning code
LDR
APN
1S3E02BC 08300
UPID
US71-1678290
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
Etsegenet Woldearegay · 1 yrs held
Etsegenet Woldearegay
since 2025
Last sale
$345,000
4 recorded transactions
Zoning & alternative use
LDR · Gresham, 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 Gresham submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Gresham 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
$4,473
Tax year 2023
Assessed value
$237,560
Assessed 2023
Previous assessed
$237,560
+0.0% YoY
Effective rate
1.88%
On assessed value
Land market value
$205,000
Improvement market value
$200,540
Total market value
$405,540
Applied tax rate
26.0000
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
Assisted living facilities
Use group
HOMES (RETIRED, NURSING)
Status
Off-Market
Year built
1972
Heating
BASEBOARD
Stories
1
Bathrooms
2
Total area
1,908 SF
Lot
0.2 ac (8,736 SF)
Zoning code
LDR
APN
1S3E02BC 08300
UPID
US71-1678290
Jurisdiction
MULTNOMAH
Zoning & alternative use
LDR · Gresham, OR
Zoning LDR · permitted uses
LDR · Gresham, OR
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Gresham. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1972
Heating
BASEBOARD
Stories
1
Bathrooms
2
Lot
0.2 ac
Current owner
From public records · entity-resolved
Etsegenet Woldearegay
Individual
Mailing address
3508 N WILLIAMS AVE, PORTLAND, OR 97227-1438
Ownership since
2025
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
4 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Apr 7, 2025
—
Etsegenet Woldearegay
S&e Amana LLC
Bargain & Sale Deed
$326,250 · Kind Lending LLC
Mar 1, 2024
$345,000
S&e Amana LLC
Traci Pinjagic
Personal Representative Deed
$273,600 · Legacy Lending LLC
Dec 20, 2006
$260,000
Nedzad Pinjagic
Lacatis,lidia
Warranty Deed
$208,000 · Sierra Pacific Mortgage
—
—
Petru Lacatis
—
Deed Of Trust
related
$31,000 · Bank Of America Oregon
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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