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Property profile & analytics
OFF-MARKET
Investment properties
424 Pendleton St Portland, OR 97239
Entity Owned
Free & Clear
Property ID
US71-1925724
Property profile
Verified
Property type
Investment properties
Use group
OFFICE/RESIDENTIAL (MIXED USE)
Year built
1947
Total area
1,786 SF
Lot
0.09 ac (4,000 SF)
Zoning code
CGD
APN
1S1E15CA 06300
UPID
US71-1925724
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
Current use
Occupant on record · Public records
-
Lisa H. Walcott, MSW Physician
-
Theresa Carmody Spiritual Center
-
Dahlia Hair Studio Hair Salon
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
424 S Pendleton LLC
424 S Pendleton LLC
since 2025
7 recorded transactions
Zoning & alternative use
CGD · Portland, OR
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 Portland submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Portland 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
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
—
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
$3,771
Tax year 2023
Assessed value
$142,430
Assessed 2023
Previous assessed
$138,290
+3.0% YoY
Effective rate
2.65%
On assessed value
Land market value
$438,100
Improvement market value
$279,010
Total market value
$717,110
Applied tax rate
1.0000
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
Investment properties
Use group
OFFICE/RESIDENTIAL (MIXED USE)
Status
Off-Market
Year built
1947
Heating
FORCED AIR
Cooling
CENTRAL
Stories
1
Bathrooms
1
Total area
1,786 SF
Lot
0.09 ac (4,000 SF)
Zoning code
CGD
APN
1S1E15CA 06300
UPID
US71-1925724
Jurisdiction
MULTNOMAH
Zoning & alternative use
CGD · Portland, OR
Zoning CGD · permitted uses
CGD · Portland, OR
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Portland. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1947
Heating
FORCED AIR
Cooling
Yes
Stories
1
Bathrooms
1
Lot
0.09 ac
Current owner
From public records · entity-resolved
424 S Pendleton LLC
Entity
Free & Clear · 0 yrs held
Mailing address
5710 95TH AVE CT W, UNIVERSITY PLACE, WA 98467-1328
Ownership since
2025
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
Jul 28, 2025
—
424 S Pendleton LLC
Trevor J Frank
Quitclaim Deed
related
—
Apr 9, 2018
—
Trevor J Frank
Frank,lisa
Quit Claim Deed
related
$259,000 · Stearns Lndg
Feb 9, 2018
$350,000
Trevor J Frank
Vogelpohl James D Trust
Grant Deed
—
Nov 2, 2007
$350,000
Trevor Frank
Vogelpohl James D Trust
Grant Deed
—
Aug 28, 2006
—
Vogelpohl James D Trust
Vogelpohl,james D
Quit Claim Deed
related
—
Dec 22, 1998
—
John R Snell
Vogelpohl,james D & Melanie M
Quit Claim Deed
related
—
Sep 29, 1993
$107,500
James D Voeglpohl
Kehoe,martin T
Grant Deed
$25,000 · Seller
Sep 22, 1993
$95,000
Martin T Kehoe
Stevens,jack L
Grant Deed
$95,000 · Seller
—
—
James D Vogelpohl
—
Deed Of Trust
related
$25,000 · Us National Bank Oregon
—
—
James D Vogelpohl
—
Deed Of Trust
related
$148,000 · Us Bank NA
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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