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Property profile & analytics
OFF-MARKET
Investment properties

5827 91st Ave Portland, OR 97266-4609

2,120 SF 0.11 ac lot Built 1915
Entity Owned 2-yr Hold Free & Clear
Property ID
US71-0905320
Property summary
AI-generated overview

This charming, 3,232 square foot storefront in Portland's vibrant Lents neighborhood presents a unique owner-user opportunity. Located at 5827 SE 91st Ave, this Class B building, constructed in 1915, sits on a 0.11-acre lot and offers four parking spaces. The CM3 zoning allows for diverse uses, including office, retail, service, medical/dental, daycare, or preschool; buyers are advised to conduct their own due diligence regarding permitted uses. The building boasts attractive curb appeal, featuring a white picket fence. Its spacious and adaptable interior is perfect for a growing business. The property benefits from a high-density residential and boutique commercial environment, enhanced by nearby parks like Glenwood City Park and Lents Park. A long-term billboard lease at the rear of the property provides supplemental rental income. This is an exceptional opportunity to acquire a piece of Portland history. The asking price is $850,000 and is suitable for a 1031 exchange.

Property profile
Verified
Property type Investment properties
Use group OFFICE/RESIDENTIAL (MIXED USE)
Year built 1915
Total area 2,120 SF
Lot 0.11 ac (4,800 SF)
Zoning code EX
APN 1S2E16CA 08400
UPID US71-0905320
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
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by Request
CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
by Request
Owner & transaction history
Straight Rentals LLC · 2 yrs held
Straight Rentals LLC
since 2023
3 recorded transactions
2023
Price N/A
2022
$540,000
1990
$44,000
Zoning & alternative use
EX · Portland, OR
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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