New search
Property profile & analytics
OFF-MARKET
Apartment buildings
233 C St, Rainier, OR 97048
Individually Owned
4-yr Hold
~
Est. High Equity
Property ID
US71-0243023
Property profile
Verified
Property type
Apartment buildings
Use group
APARTMENT HOUSE (5+ UNITS)
Year built
1900
Total area
4,500 SF
Lot
0.75 ac (32,670 SF)
Zoning code
RN:C-1
APN
7216-DB-08200
UPID
US71-0243023
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
Dmitri Galkovski · 4 yrs held
Dmitri Galkovski
since 2022
Last sale
$547,500
6 recorded transactions
Zoning & alternative use
RN:C-1 · Rainier, 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 Rainier submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Rainier 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
$5,559
Tax year 2023
Assessed value
$294,600
Assessed 2023
Previous assessed
$286,020
+3.0% YoY
Effective rate
1.89%
On assessed value
Assessed land
$148,400
Assessed improvement
$146,200
Land market value
$249,030
Improvement market value
$264,960
Total market value
$513,990
Applied tax rate
3.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
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
1900
Heating
BASEBOARD
Bathrooms
3
Total area
4,500 SF
Lot
0.75 ac (32,670 SF)
Zoning code
RN:C-1
APN
7216-DB-08200
UPID
US71-0243023
Jurisdiction
COLUMBIA
Zoning & alternative use
RN:C-1 · Rainier, OR
Zoning RN:C-1 · permitted uses
RN:C-1 · Rainier, OR
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Rainier. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1900
Heating
BASEBOARD
Bathrooms
3
Lot
0.75 ac
Current owner
From public records · entity-resolved
Dmitri Galkovski
Individual
Mailing address
5910 NE 60TH AVE, PORTLAND, OR 97218-2908
Ownership since
2022
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
6 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jun 1, 2022
$547,500
Dmitri Galkovski
Claude G Bass
Warranty Deed
$410,625 · Evergreen Moneysource Mortgage Co
Apr 19, 2019
$375,000
Claude G Bass
Secretary Of Housing & Urban Develo
Special Warranty Deed
$281,250 · Mortgage Express LLC
Nov 2, 2018
$242,891
Secretary Of Hsng & Urban Dev
Rescap Liquidating Trust
Grant Deed
—
—
—
Daniel F Jacobson
—
Deed Of Trust
related
$246,235 · Life Mortgage
—
—
Daniel F Jacobson
—
Deed Of Trust
related
$16,000 · Hometown National Bank
—
—
Daniel F Jacobson
—
Deed Of Trust
related
$32,350 · Red Canoe Cu
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.
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 233 C St?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
List this address →
Full reports are paid
Unlock the full Property Analytics report
Start free for 7 days — no card required. Full owner contacts, all 4 valuations with methodology, refine flow, comparable adjustments, foot-traffic deep dive, export to PDF / CSV.
