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Property profile & analytics
OFF-MARKET
Apartment buildings
233 Walnut Ave 1, Dallas, OR 97338-1442
Individually Owned
19-yr Hold
Absentee Owner
Free & Clear
Property ID
US71-0814728
Property profile
Verified
Property type
Apartment buildings
Use group
APARTMENT HOUSE (5+ UNITS)
Year built
1979
Total area
4,032 SF
Lot
0.31 ac (13,504 SF)
Zoning code
RHD
APN
07532-AA-03901
UPID
US71-0814728
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
James D Living 2006 Poovey · 19 yrs held
James D Living 2006 Poovey
since 2007
4 recorded transactions
Zoning & alternative use
RHD · Dallas, 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 Dallas submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Dallas 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
$3,375
Tax year 2023
Assessed value
$241,530
Assessed 2023
Previous assessed
$234,500
+3.0% YoY
Effective rate
1.40%
On assessed value
Assessed land
$39,840
Assessed improvement
$201,690
Land market value
$125,720
Improvement market value
$198,680
Total market value
$324,400
Applied tax rate
238.0000
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
Apartment buildings
Use group
APARTMENT HOUSE (5+ UNITS)
Status
Off-Market
Year built
1979
Heating
NONE
Buildings
4
Total area
4,032 SF
Lot
0.31 ac (13,504 SF)
Zoning code
RHD
APN
07532-AA-03901
UPID
US71-0814728
Jurisdiction
POLK
Zoning & alternative use
RHD · Dallas, OR
Zoning RHD · permitted uses
RHD · Dallas, OR
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Dallas. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1979
Heating
NONE
Buildings
4
Lot
0.31 ac
Current owner
From public records · entity-resolved
James D Living 2006 Poovey
Individual
Free & Clear · 19 yrs held
Mailing address
9257 WAGNER HTS CT, STOCKTON, CA 95209-1787
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2007
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
Feb 12, 2007
—
James D Living 2006 Poovey
Poovey,james D
Quit Claim Deed
related
—
Jan 25, 1988
$110,000
Johnny Kinder
Unknown
Grant Deed
—
—
—
James D 2006 Living Poovey
—
Deed Of Trust
related
$246,000 · Kelley Patricia A 1989 Tr (tr)
—
—
Poovey,james D 2006 Living Trust
—
Deed Of Trust
related
$148,800 · Wells Fargo Bank
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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