2260 Everett St Portland, OR 97210-5532
Property Lookup
Property profile & analytics
2260 Everett St Portland, OR 97210-5532
- Apartment buildings
- 20,475 SF
- 0.11 lot acres
Property ID
US71-0704108
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.
Location Intelligence
Current Use by Public Records
- Wilmar Apartments / Apartment Building
- Clean & Fit / (Bike/Boat/Book/etc) Store
Property Details for 2260 Everett St
- Year built
- 1911
- Construction
- MASONRY/CONCRETE MASONRY UNITS (CMUS)
- Lot size
- 0.11 lot acres
- Property size
- 20,475 SF
- Zone code
- RH
- Property type
- Apartment buildings
- APN
- 1N1E33CA 03000
- APU
- 1N1E33CA03000
Description
This exceptional 18-unit apartment building presents a compelling investment opportunity in Portland, Oregon's desirable Alphabet District. Built in 1911, this five-story structure boasts a total of 20,475 square feet, with 17,525 square feet of net rentable space. The property features a mix of one- and two-bedroom apartments, each averaging $974 in monthly rent, generating a substantial net operating income (NOI) of $173,012. This translates to a 5.05% capitalization rate and an attractive price per unit of $190,222. The asking price for this well-maintained building is $3,424,000, representing a price per square foot of $195. Situated on a 0.11-acre lot, the land value is calculated at $163.64 per acre. The building's prime location is a half block from the vibrant NW 23rd Avenue shopping and dining corridor, offering residents easy access to numerous restaurants, shops, and boutiques. Furthermore, the property enjoys close proximity to Forest Park and Washington Park, including renowned attractions such as the International Rose Test Garden and Portland Japanese Garden. This multifamily investment presents a rare opportunity to acquire a well-positioned asset in a thriving Portland neighborhood. The spacious units and strong rental income make this a highly attractive proposition for discerning investors.
Value Estimations
based on Realmo’s proprietary methodology
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AI approach
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CAP approach
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Comparable approach
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Alternative Use
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Location Insight
- Map
- Local Demand
- City
- Portland
- County
- Multnomah
- State
- Oregon
- Longitude
- -122.698
- Latitude
- 45.5247
- 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
$35,188
$0.00
$0.00
$1,329,150
-
$693,500
$3,837,520
$4,531,020
