Property profile

2601 111th Ave Portland, OR 97266

OFF-MARKET
Apartment buildings
Property ID
US71-1804986
8,920 SF 0.42 ac lot Built 1972
Entity Owned 1-yr Hold Free & Clear
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Property profile

Verified
Property type Apartment buildings
Use group APARTMENT HOUSE (5+ UNITS)
Year built 1972
Construction FRAME
Total area 8,920 SF
Lot 0.42 ac (18,400 SF)
Zoning code R2A
APN 1S2E10BA 01700
UPID US71-1804986

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
  • Auto Repair Shop

Location

2601 111th Ave Portland, OR 97266-1158
Portland metro Census 8302 PORTLAND-VANCOUVER-BEAVERTON, OR-WA METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$1.73M
Blend (final) Blend
$675k

Owner & transaction history

since 2025
4 recorded transactions
2025
Price N/A
2014
$700,000
2006
Price N/A
2006
$590,000

Zoning & alternative use

R2A · Portland, OR
Top alternative use upside
Medical building $2.7M +13.6%
Retail stores $2.7M +12.9%
Office building $2.6M +8.7%

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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