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Property profile & analytics
OFF-MARKET
Estimated value
$2,155,000
Apartment buildings
4804 Williams Ave, Portland, OR 97217-2832
Entity Owned
~
Est. High Equity
Property ID
US71-0854338
Property profile
Verified
Property type
Apartment buildings
Use group
APARTMENT HOUSE (5+ UNITS)
Year built
2013
Total area
5,640 SF
Lot
0.12 ac (5,150 SF)
Zoning code
R1
APN
1N1E22AD 07800
UPID
US71-0854338
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
by Request
Comparable Approach
Comparable
$2.22M
Blend (final)
Blend
$2.16M
Owner & transaction history
Tilton Properties LLC
Tilton Properties LLC
since 2025
Last sale
$2.1M
7 recorded transactions
Zoning & alternative use
R1 · Portland, OR
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Commercial (general)
$2.3M
+43.2%
Restaurant
$1.9M
+20.4%
Auto repair, garage
$1.7M
+7.4%
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
Method
Estimation
Statistic approach
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
APARTMENT HOUSE (5+ UNITS)
$1,605,000
Current use
COMMERCIAL (GENERAL)
$2,295,000
Change: +43% · Conversion: Moderate
RESTAURANT
$1,930,000
Change: +20% · Conversion: Difficult
AUTO REPAIR, GARAGE
$1,720,000
Change: +7% · Conversion: Difficult
MEDICAL BUILDING
$1,705,000
Change: +6% · Conversion: Moderate
RETAIL STORES
$1,695,000
Change: +6% · Conversion: Difficult
OFFICE BUILDING
$1,630,000
Change: +2% · Conversion: Moderate
Blend value · Realmo final
$2.16M
Range $1.94M – $2.37M · ±10% · vs last sale $2.09M (Jul 31 2025)
Last sale anchor
$2.09M
Jul 31 2025
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
$382 / 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
$24,020
Tax year 2023
Assessed value
$906,470
Assessed 2023
Previous assessed
$880,070
+3.0% YoY
Effective rate
2.65%
On assessed value
Land market value
$341,000
Improvement market value
$2,190,270
Total market value
$2,531,270
Applied tax rate
710.0000
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
2013
Heating
FORCED AIR
Stories
1
Bathrooms
14
Total area
5,640 SF
Lot
0.12 ac (5,150 SF)
Zoning code
R1
APN
1N1E22AD 07800
UPID
US71-0854338
Jurisdiction
MULTNOMAH
Zoning & alternative use
R1 · Portland, OR
Zoning R1 · permitted uses
R1 · 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.
Alternative use value scenarios
Repositioning upside vs current use
APARTMENT HOUSE (5+ UNITS) Current
Est. value
$1.6M
COMMERCIAL (GENERAL)
Est. value
$2.3M
RESTAURANT
Est. value
$1.9M
AUTO REPAIR, GARAGE
Est. value
$1.7M
MEDICAL BUILDING
Est. value
$1.7M
RETAIL STORES
Est. value
$1.7M
OFFICE BUILDING
Est. value
$1.6M
APARTMENT HOUSE (5+ UNITS) Current
COMMERCIAL (GENERAL)
RESTAURANT
AUTO REPAIR, GARAGE
MEDICAL BUILDING
RETAIL STORES
OFFICE BUILDING
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
2013
Heating
FORCED AIR
Stories
1
Bathrooms
14
Lot
0.12 ac
Current owner
From public records · entity-resolved
Tilton Properties LLC
Entity
Mailing address
PO BOX 503, BATTLE GROUND, WA 98604-0503
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
Oct 31, 2025
$2,090,000
Tilton Properties LLC
Williams Alley LLC
Warranty Deed
—
Sep 3, 2015
—
Williams Alley LLC
Belcher Family Trust
Warranty Deed
—
Jan 2, 2014
$1,800,000
Belcher Family Trust
819 Real Estate Fund I LLC
Warranty Deed
$675,000 · Standard Insurance Co
May 7, 2012
$160,000
819 Real Estate Fund I LLC
Wheatstraw LLC
Warranty Deed
—
Oct 29, 2010
$90,000
Wheatstraw LLC
Holliday,theola
Warranty Deed
—
Apr 12, 1996
—
Theola Holliday
Baldwin,lucinda
Quit Claim Deed
related
—
—
—
819 Real Estate Fund I LLC
—
Deed Of Trust
related
$2,860,000 · First Republic Bank
—
—
Theola Holliday
—
Deed Of Trust
related
$7,500 · Portland Development Commissio
—
—
819 Real Estate Fund II LLC
—
Loan Modification
related
$2,300,000 · First Republic Bk
—
—
819 Real Estate Fund I LLC
—
Deed Of Trust
related
$450,000 · 819 Capital LLC
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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