Property profile

2303 12Th Ave Portland, OR 97214

OFF-MARKET
Residential income homes
Property ID
US71-0907705
6,311 SF Built 1905
Entity Owned 6-yr Hold
Saved · see the list in your Dashboard

Property summary

AI-generated overview

This exceptional investment opportunity presents a rare blend of renovated vintage and newer construction multifamily properties in Portland's desirable Hosford-Abernethy neighborhood. The portfolio comprises two buildings totaling over 6,311 square feet on a lot ranging from 5,000 to 6,999 square feet. Built in 1905 and 2008, with a complete renovation in 2023, the property features four units with a combined thirteen bedrooms. The newer building (2008) boasts two spacious units, each offering four bedrooms and 3.1 bathrooms, with covered decks, garages, laundry rooms, and ample storage. The renovated vintage building offers two additional units

Property profile

Verified
Property type Residential income homes
Year built 1905
Total area 6,311 SF
UPID US71-0907705

Cap rate & NOI

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

Location

2303 12Th Ave Portland, OR 97214
Portland metro
Google Maps

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

since 2020
1 recorded transaction
2020
Price N/A

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
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 2303 12Th Ave?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message