Property profile

4506 M L King Blvd Portland, OR 97211

OFF-MARKET
Apartment buildings
Property ID
US71-0559797
39,470 SF 0.54 ac lot Built 1997
Entity Owned 15-yr Hold ~ Est. High Equity
Saved · see the list in your Dashboard

Property profile

Verified
Property type Apartment buildings
Use group APARTMENT HOUSE (5+ UNITS)
Year built 1997
Total area 39,470 SF
Lot 0.54 ac (23,472 SF)
Zoning code EXD
APN 1N1E23BC 16200
UPID US71-0559797

Cap rate & NOI

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

Location

4506 M L King Blvd Portland, OR 97211-3368
Portland metro Census 3301 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
$10.49M
Blend (final) Blend
$425k

Owner & transaction history

since 2011
3 recorded transactions
2011
$344,219
1969
Price N/A
1969
Price N/A

Zoning & alternative use

EXD · Portland, OR
Top alternative use upside
Restaurant $13.5M +28.8%
Auto repair, garage $12.1M +14.8%
Medical building $11.9M +13.6%

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
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 4506 M L King Blvd?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
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