Property summary
The Captain Couch Building, a historic Portland landmark at 24 NW 2nd Ave, offers a unique opportunity for businesses seeking creative or traditional office space in the vibrant Old Town neighborhood. Built in 1904 and renovated in 1977, this two-story building comprises one structure with six total suites, ranging from 341 to 3,479 square feet. Currently, seven spaces are available for lease, providing flexibility for businesses of various sizes. The building's location in Multnomah County,… Oregon (zip code 97209), offers unparalleled accessibility. Situated adjacent to the Burnside Bridge, it benefits from proximity to twelve bus lines and four streetcar lines, ensuring convenient public transportation. Furthermore, ample parking options are available nearby, catering to both employees and clients. The surrounding area boasts a thriving mix of restaurants, bars, and entertainment venues, enhancing the overall appeal and convenience for tenants. The presence of established businesses such as the University of Oregon, Oregon College of Oriental Medicine, and Ankrom Moisan, further underscores the area's growing appeal and potential for business success. This property presents a rare chance to establish a presence in a highly desirable and well-connected location within Portland's dynamic Old Town.
Ownership intelligence
Resolved identity, portfolio, hold profile and investor signals. Included in the full report.
Owner contacts
Skip-traced phones and e-mails of the owner. Included with the full report.
Mortgages
Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.
Property tax · 2023
Value estimate
· Sep 2026Realmo valuation models over county records and 6 qualifying comparable sales.
Recently sold
Cap rate analysis
No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.
Zoning insight
Location intelligence
Demand index: how under-served this business type is around this point — modeled from the LocInt grid (area demand vs. what already operates, adjusted by real visit traffic). Higher means stronger unmet demand.
Location
Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.
Comparables
6 recorded sales · 18 properties nearbyComparable nearby
Similar Nearby for Sale
Similar Nearby for Lease
Instant AI valuation built from comps, income signals, and proprietary benchmarks.A defensible range, not a single guess.
from $99/month
- GBA
- 11,400 SF
- Lot area
- 0.13 ac
- Year built
- 1904
- Stories
- 2
- APN
- 1N1E34CA 09000
- Zoning
- CXD
- Assessed value · 2023
- $758,400
- Annual tax · 2023
- $20,078
- Commercial (general)
- Auto Repair, Garage
- Medical Building
- Retail Stores · current use
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
Price sensitivity
The rate is the decision lever; valuation is the consequence.
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
Registration is required before the official district profile is shown.
Phones and e-mails of the people behind this property's owner, traced from licensed contact data.
Owner phones and e-mails come with the full report for this property - traced from licensed contact data, with verification and Do-Not-Call flags on every number.
Unlock the evidence behind ownership: portfolio, transactions, debt and signals that help you decide who to contact next.
Registration is required before any owner information is shown.
The mortgage data is behind the paid report: recorded loans of the owner - lender, amount, rate and the estimated maturity - as part of the Ownership Intelligence workspace.
Registration is required before any owner information is shown.
- Ownership
- Owner Contacts
- Full Property Data
- Historical Records
- Value Estimation
- NOI Potential
- Cap Rate Calculation
- Location Insight
- Alternative use
- Local Zoning Insight
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- Local Zoning Insight
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- Local Zoning Insight
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- Full Property Data
- Historical Records
- Value Estimation
- NOI Potential
- Cap Rate Calculation
- Location Insight
- Alternative use
- Local Zoning Insight
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