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    Property profile & analytics

    2227 122nd Ave Portland, OR 97233-1401

    • Investment properties
    • 1,374 SF
    • 0.19 lot acres
    OFF-MARKET
    Value Estimation
    $415,000
    Last Sale
    Dec 04, 2020
    $400,000
    Location Intelligence
    Property ID
    US71-1908530
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • KTS TAX EXPRESS / Tax Consultant / Tax Preparation Service
    • Tax Express / Tax Preparation Service

    Property Details for 2227 122nd Ave

    Year built
    1951
    Lot size
    0.19 lot acres
    Property size
    1,374 SF
    Zone code
    RM
    Property type
    Investment properties
    Property subtype
    Live-work space
    APN
    1S2E03DD 00700
    APU
    1S2E03DD00700

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $420,000

    • CAP approach

      CAP return
      Estimation
      6%
      $350,000
      6.5%
      $370,000
      7%
      $340,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $410,000
      Geo Method
      $425,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $380,000
      Retail
      $395,000
      Mixed-Use
      $360,000
      Hospitality
      $400,000
      Educational
      $425,000
      Residential Income
      $400,000
      Energy
      $335,000
      Income-Based Land
      $345,000
      Food Service
      $425,000

    Location Insight

    • Map
    • Local Demand
    City
    Portland
    County
    Multnomah
    State
    Oregon
    Longitude
    -122.538
    Latitude
    45.5067
    CBSA code
    38900
    CBSA name
    PORTLAND-VANCOUVER-BEAVERTON, OR-WA METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $2,782
    $0.00
    $0.00
    $118,370
    -
    $328,850
    $200,660
    $529,510

    Comparable in this City

    • Value Estimation by Request
      2,837 SF

      19309 Yamhill St

      OFFICE/RESIDENTIAL (MIXED USE) • 2,837 SF
      19309 Yamhill St, Portland, OR 97233-5946
      View Details
    • Value Estimation by Request
      2,432 SF

      2324 122nd Ave

      OFFICE/RESIDENTIAL (MIXED USE) • 2,432 SF
      2324 122nd Ave, Portland, OR 97233-1404
      View Details
    • Value Estimation by Request
      2,440 SF

      1233 122nd Ave

      OFFICE/RESIDENTIAL (MIXED USE) • 2,440 SF
      1233 122nd Ave, Portland, OR 97233-1201
      View Details
    • Value Estimation by Request
      2,563 SF

      661 162nd Ave

      OFFICE/RESIDENTIAL (MIXED USE) • 2,563 SF
      661 162nd Ave, Portland, OR 97233-3903
      View Details
    • Value Estimation
      $330,000
      1,200 SF

      1048 122nd Ave

      OFFICE/RESIDENTIAL (MIXED USE) • 1,200 SF
      1048 122nd Ave, Portland, OR 97233-1110
      View Details
    • Value Estimation
      $495,000
      1,444 SF

      14811 Burnside St

      OFFICE/RESIDENTIAL (MIXED USE) • 1,444 SF
      14811 Burnside St, Portland, OR 97233-2839
      View Details

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    Similar Nearby for Lease

    • Contact for pricing
      1,435 SF

      Walk-Up Offices with Natural Light

      Professionally managed office space near Mall 205.
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    • Contact for pricing
      1,400 SF

      Retail Space on NE 122nd

      Retail space available with high traffic and convenient highway access.
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      View Details
    • $9 SF/Yr
      24,400 SF

      Industrial Space with Loading Dock

      Industrial space featuring a loading dock, parking, and signage.
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      View Details
    • Contact for pricing
      15,038 SF

      Portland Retail Center - Division St

      High-traffic retail space, multiple units available.
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    • $20 SF/Yr
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      Retail Space at Glisan Station

      Retail space available in a densely populated shopping center.
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    • $21 SF/Yr
      2,453 SF

      Shell Condition Office Space

      Office space for rent with signage and parking available.
      13908 SE Stark St, Portland, OR 97233
      View Details
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    2227 122nd Ave
    Portland, OR 97233-1401
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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