Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
Property Lookup
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    Property profile & analytics

    2609 145th Ave Portland, OR 97236-2652

    • Garden apartment buildings
    • 88,200 SF
    • 4.19 lot acres
    OFF-MARKET
    Value Estimation
    $3,155,000
    Last Sale
    Jul 15, 2020
    $3,030,000
    Location Intelligence
    Property ID
    US71-0957756
    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

    • Elaine Station Apartments / Apartment Building
    • Arbor Glen Apartments / Low Income Housing Program
    • Human Solutions Bridges To / Social Services Organization
    • Clickitbucks / Internet Marketing Service

    Property Details for 2609 145th Ave

    Year built
    1972
    Lot size
    4.19 lot acres
    Property size
    88,200 SF
    Zone code
    R2A
    Property type
    Garden apartment buildings
    APN
    1S2E12BB 02600
    APU
    1S2E12BB02600

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $3,180,000

    • CAP approach

      CAP return
      Estimation
      6%
      $3,185,000
      6.5%
      $3,220,000
      7%
      $3,340,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $3,190,000
      Geo Method
      $2,865,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $3,095,000
      Retail
      $2,850,000
      Mixed-Use
      $3,595,000
      Hospitality
      $3,435,000
      Educational
      $2,845,000
      Residential Income
      $2,735,000
      Energy
      $3,420,000
      Income-Based Land
      $2,700,000
      Food Service
      $3,190,000

    Location Insight

    • Map
    • Local Demand
    City
    Portland
    County
    Multnomah
    State
    Oregon
    Longitude
    -122.515
    Latitude
    45.5025
    CBSA code
    38900
    CBSA name
    PORTLAND-VANCOUVER-BEAVERTON, OR-WA METROPOLITAN 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
    $0.00
    $0.00
    $0.00
    $0.00
    -
    $1,825,160
    $14,508,810
    $16,333,970

    Comparable in this City

    • Value Estimation by Request
      20,736 SF

      12523 Foster Rd

      GARDEN APT, COURT APT (5+ UNITS) • 20,736 SF
      12523 Foster Rd, Portland, OR 97236-4917
      View Details
    • Value Estimation by Request
      0.47 Acres

      6430 Wi Se 128th Ave

      GARDEN APT, COURT APT (5+ UNITS) • 0.47 Acres
      6430 Wi Se 128th Ave, Portland, OR 97236
      View Details
    • Value Estimation by Request
      985 SF

      6430 Wi Se 128th Ave

      GARDEN APT, COURT APT (5+ UNITS) • 985 SF
      6430 Wi Se 128th Ave, Portland, OR 97236
      View Details
    • Value Estimation by Request
      73,764 SF

      3124 136th Ave, Unit 3234

      GARDEN APT, COURT APT (5+ UNITS) • 73,764 SF
      3124 136th Ave, Portland, OR 97236-2800
      View Details
    • Value Estimation by Request
      1.22 Acres

      18040 Division St

      GARDEN APT, COURT APT (5+ UNITS) • 1.22 Acres
      18040 Division St, Portland, OR 97236-1087
      View Details
    • Value Estimation by Request
      40,748 SF

      18010 Division St, Unit 18096

      GARDEN APT, COURT APT (5+ UNITS) • 40,748 SF
      18010 Division St, Portland, OR 97236-1087
      View Details

    Similar Nearby for Sale

    • $8,300,000

      Portland Multifamily Investment Opportunity

      48-unit apartment complex, high ROI potential
      2500 157Th Ave, Portland, OR 97236
      View Details
    • Contact for pricing

      Portland Multifamily Investment Opportunity

      Well-maintained apartment building with strong income and recent improvements.
      12920 SE Powell Blvd, Portland, OR 97236
      View Details
    • $1,599,000
      10,350 SF

      Townhouse 6-Plex Plus Detached Home

      Townhouse style 6-plex with detached home and development potential.
      2544 SE 141St Ave, Portland, OR 97236
      View Details
    • $199,900

      Updated Condo with Modern Amenities

      Updated 2 bed, 1 bath condo with in-unit laundry.
      16825 SE Powell Blvd, Portland, OR 97236
      View Details
    • $3,750,000
      27,842 SF

      Portland Multifamily Investment Opportunity

      29-unit apartment complex with value-add potential in Portland, Oregon.
      13145 SE Division St, Portland, OR 97236
      View Details
    • $1,295,000

      Residential Development Opportunity in Portland

      Development site with existing rental income in desirable Portland location.
      162nd Powell Blvd, Portland, OR 97236
      View Details

    Similar Nearby for Lease

    • Contact for pricing
      2,500 SF

      Retail Space at Lit Intersection

      Retail space available at a corner location in Portland, Oregon.
      17218 SE Powell Blvd, Portland, OR 97236
      View Details
    • Contact for pricing
      2,100 SF

      Retail Space at Division Crossing

      Retail space with high visibility and accessibility in Portland, OR.
      16261 SE Division St, Portland, OR 97236
      View Details
    • Contact for pricing

      Commercial Land in Airport Way

      Located in the heart of the Airport Way trade area.
      5950 NE 122Nd Ave, Portland, OR 97236
      View Details
    • Contact for pricing

      Retail Space Near Fred Meyer

      Retail suites available in high-visibility Portland location.
      2520 SE 145Th Ave, Portland, OR 97236
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    2609 145th Ave
    Portland, OR 97236-2652
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    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
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.