Property profile

507 Grinnell SW Ave 14 Orting, WA 98360

OFF-MARKET
Apartment buildings
Property ID
US90-1633853
2,600 SF 0.33 ac lot Built 1969
Individually Owned 8-yr Hold
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Property profile

Verified
Property type Apartment buildings
Use group APARTMENT HOUSE (5+ UNITS)
Year built 1969
Construction FRAME
Total area 2,600 SF
Lot 0.33 ac (14,400 SF)
Zoning code RU
APN 3913000051
UPID US90-1633853

Cap rate & NOI

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

Location

507 Grinnell SW Ave, Unit 14 Orting, WA 98360-6011
Orting metro Census 70403 SEATTLE-TACOMA-BELLEVUE, WA METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$210k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$210k

Owner & transaction history

since 2018
6 recorded transactions
2021
Price N/A
2018
$395,669
2017
$315,000
2001
$172,000
1989
$102,500
1969
Price N/A

Zoning & alternative use

RU · Orting, WA
Zoning description

This district is intended to provide for high density urban single-family, townhouse, cottage, and duplex residential uses which benefit from the full array of services and amenities available in the Town core

General category RESIDENTIAL

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
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