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    Property profile & analytics

    2421 2nd St, Unit 8 Lebanon, OR 97355-2459

    • Apartment buildings
    • 2.15 lot acres
    OFF-MARKET
    Value Estimation
    Location Intelligence
    Property ID
    US71-0704644
    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.

    Current Use by Public Records

    • Apartment buildings

    Property Details for 2421 2nd St

    Year built
    1986
    Lot size
    2.15 lot acres
    Property type
    Apartment buildings
    APN
    12S 02W 15DD 00357
    APU
    12S02W15DD00357

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Lebanon
    County
    Linn
    State
    Oregon
    Longitude
    -122.909
    Latitude
    44.5229
    CBSA code
    10540
    CBSA name
    ALBANY-LEBANON, OR MICROPOLITAN 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
    $9,836
    $0.00
    $0.00
    $469,620
    -
    $412,080
    $3,029,290
    $3,441,370

    Comparable in this City

    • Value Estimation by Request
      4.97 Acres

      300 Boulder Fls Dra

      APARTMENT HOUSE (100+ UNITS) • 4.97 Acres
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    • Value Estimation by Request
      0.16 Acres

      900 10th St

      APARTMENT HOUSE (5+ UNITS) • 0.16 Acres
      900 10th St, Lebanon, OR 97355-1320
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    • Value Estimation by Request
      0.87 Acres

      525 12th St, Unit 7

      APARTMENT HOUSE (5+ UNITS) • 0.87 Acres
      525 12th St, Lebanon, OR 97355-1416
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    • Value Estimation by Request
      1,220 SF

      100 Vaughan Ln, Unit B314

      APARTMENT HOUSE (5+ UNITS) • 1,220 SF
      100 Vaughan Ln, Lebanon, OR 97355-4909
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    • Value Estimation by Request
      928 SF

      835 Academy St, Unit 1

      APARTMENT HOUSE (5+ UNITS) • 928 SF
      835 Academy St, Lebanon, OR 97355-2138
      View Details
    • Value Estimation by Request
      928 SF

      835 Academy St, Unit 2

      APARTMENT HOUSE (5+ UNITS) • 928 SF
      835 Academy St, Lebanon, OR 97355-2138
      View Details

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    Similar Nearby for Lease

    • $100,006
      1,529 SF

      Class A Office Space

      Corner lot office space with high visibility and flexible layout.
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      6,000 SF

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      Three suites available; high traffic area.
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      Class A office space with high visibility and ample parking.
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    • Contact for pricing
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      Retail Space in Lebanon, Oregon

      Retail spaces available in new Lebanon shopping center.
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    • $74,014
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      Corner lot office space with high traffic count and parking.
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    • $1.15 SF/Yr
      1,760 SF

      Lebanon Retail/Office Space Available

      Three suites available for lease in central Lebanon.
      11-41 E Ash St, Lebanon, OR 97355
      View Details
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    Lebanon, OR 97355-2459
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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