Property profile

2521 74th Ave Portland, OR 97206

OFF-MARKET
Assisted living facilities
Property ID
US71-1752686
7,531 SF 0.42 ac lot Built 1921
Entity Owned 16-yr Hold ~ Est. High Equity
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Property profile

Verified
Property type Assisted living facilities
Use group HOMES (RETIRED, NURSING)
Year built 1921
Total area 7,531 SF
Lot 0.42 ac (18,100 SF)
Zoning code R2.5
APN 1S2E08AB 05800
UPID US71-1752686

Cap rate & NOI

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

Current use

Occupant on record · Public records
  • Physician Medical Clinic
  • Counselor

Location

2521 74th Ave Portland, OR 97206-1150
Portland metro Census 701 PORTLAND-VANCOUVER-BEAVERTON, OR-WA METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$1.49M
Blend (final) Blend
$615k

Owner & transaction history

since 2010
7 recorded transactions
2015
Price N/A
2010
$630,000
2009
$500,000
1991
$255,000
1969
Price N/A
1969
Price N/A
1969
Price N/A

Zoning & alternative use

R2.5 · Portland, OR
Zoning description

The single dwelling zone is intended to preserve land for housing and to provide housing opportunities for individual households

General category RESIDENTIAL
Top alternative use upside
Auto repair, garage $2.3M +54.8%
Medical building $2.3M +53.2%
Office building $2.2M +46.6%

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
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