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Property profile & analytics
OFF-MARKET
Estimated value
$795,000
Apartment buildings
418 5th SW Ave Albany, OR 97321-2348
Entity Owned
4-yr Hold
~
Est. High Equity
Property ID
US71-0422514
Property profile
Verified
Property type
Apartment buildings
Use group
APARTMENT HOUSE (5+ UNITS)
Year built
1900
Total area
4,793 SF
Lot
0.16 ac (6,970 SF)
APN
11S 03W 07BB 07400
UPID
US71-0422514
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$640k
Comparable Approach
Comparable
$1.04M
Blend (final)
Blend
$795k
Owner & transaction history
Clowser Investments LLC · 4 yrs held
Clowser Investments LLC
since 2021
Last sale
$635,000
7 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Albany submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Albany submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
Method
Estimation
Statistic approach
$780,000
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
$695,000
6.5%
$640,000
7%
$595,000
Blend value · Realmo final
$795k
Range $716k – $875k · ±10% · vs last sale $635k (Sep 29 2021)
Last sale anchor
$635k
Sep 29 2021
Realmo estimate · informational only.
These numbers are calculated by our models from public records and may not reflect actual market value.
Not an appraisal.
Verify with a licensed appraiser before transacting. Realmo accepts no liability for divergence from real-world outcomes.
View the full estimation — every method, every assumption
Confidence drivers & risk notes · Custom comparable set · Free for first 3 / day
Full estimation methodology
Every method · every assumption · confidence drivers
Price per SF
Sale + rent benchmarks
Subject property
$166 / SF
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2023Property tax & assessments
Tax year 2023
Tax billed
$5,378
Tax year 2023
Assessed value
$269,990
Assessed 2023
Previous assessed
$262,130
+3.0% YoY
Effective rate
1.99%
On assessed value
Land market value
$139,570
Improvement market value
$439,740
Total market value
$579,310
Applied tax rate
846.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Apartment buildings
Use group
APARTMENT HOUSE (5+ UNITS)
Status
Off-Market
Year built
1900
Heating
NONE
Stories
1
Total area
4,793 SF
Lot
0.16 ac (6,970 SF)
APN
11S 03W 07BB 07400
UPID
US71-0422514
Jurisdiction
LINN
Zoning & alternative use
Zoning · permitted uses
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Building & site characteristics
From public records
Year built
1900
Heating
NONE
Stories
1
Lot
0.16 ac
Current owner
From public records · entity-resolved
Clowser Investments LLC
Entity
Mailing address
230 LYON ST SW #15, ALBANY, OR 97321-2781
Ownership since
2021
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
10 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Sep 29, 2021
$635,000
Clowser Investments LLC
Tyler C Davidow
Warranty Deed
$390,000 · Citizens Bank
Mar 7, 2019
—
Cathryn Davidow
Davidow,tyler
Quit Claim Deed
—
Mar 7, 2019
$155,000
Cathryn Davidow-root
Mcreynolds Rex G
Correction Deed
—
Sep 6, 2017
—
5th Ave Estate LLC
—
Trustees Deed
related
$210,000 · Mary Guynup
Jun 8, 2017
—
5th Ave Estate LLC
Davidow,cathryn
Grant Deed
—
Jun 26, 2014
—
Cathryn Davidow
—
Trustees Deed
related
$14,900 · William E Ekman
Oct 10, 2011
—
Cathryn Davidow
Davidow,tyler
Quit Claim Deed
related
—
Nov 22, 2010
—
Tyler C Davidow
Davidow-root,cathryn
Quit Claim Deed
related
$40,000 · John Dodge
—
—
5th Ave Estate LLC
—
Loan Modification
related
$210,000 · Mary Guynup
—
—
Cathryn Davidow
—
Deed Of Trust
related
$110,000 · Bob G Mitchell
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
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