Property profile

550 148th Ave Portland, OR 97230

OFF-MARKET
Assisted living facilities
Property ID
US71-0057884
2,684 SF 0.38 ac lot Built 1960
Entity Owned 1-yr Hold ~ Est. High Equity
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Property profile

Verified
Property type Assisted living facilities
Use group HOMES (RETIRED, NURSING)
Year built 1960
Total area 2,684 SF
Lot 0.38 ac (16,500 SF)
Zoning code R10
APN 1N2E36BD 06300
UPID US71-0057884

Cap rate & NOI

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

Location

550 148th Ave Portland, OR 97230-4216
Portland metro Census 9301 PORTLAND-VANCOUVER-BEAVERTON, OR-WA METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$525k
Blend (final) Blend
$485k

Owner & transaction history

since 2025
7 recorded transactions
2025
Price N/A
2020
Price N/A
2020
Price N/A
2020
Price N/A
2020
$330,750
2020
$406,903
2004
$319,000

Zoning & alternative use

R10 · Portland, OR
Zoning description

The single dwelling zone is intended to preserve land for housing and to provide housing opportunities for individual households

General category RESIDENTIAL
Top alternative use upside
Auto repair, garage $820,000 +79.6%
Medical building $810,000 +77.7%
Retail stores $805,000 +76.6%

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
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