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Property profile & analytics
OFF-MARKET
Estimated value
$580,000
Investment properties
5926 Greeley Ave Portland, OR 97217-4148
Individually Owned
Free & Clear
Property ID
US71-0126392
Property profile
Verified
Property type
Investment properties
Use group
OFFICE/RESIDENTIAL (MIXED USE)
Year built
1905
Construction
FRAME
Total area
1,320 SF
Lot
0.11 ac (4,800 SF)
Zoning code
CN2
APN
1N1E16CD 06600
UPID
US71-0126392
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
$751k
Blend (final)
Blend
$580k
Owner & transaction history
Madeleine Masters
Madeleine Masters
since 2025
Last sale
$405,000
7 recorded transactions
Zoning & alternative use
CN2 · Portland, OR
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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
Blend value · Realmo final
$580k
Range $522k – $638k · ±10% · vs last sale $405k (Dec 23 2025)
Last sale anchor
$405k
Dec 23 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
$439 / 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
$5,288
Tax year 2023
Assessed value
$199,570
Assessed 2023
Previous assessed
$193,760
+3.0% YoY
Effective rate
2.65%
On assessed value
Land market value
$292,500
Improvement market value
$269,190
Total market value
$561,690
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
Investment properties
Use group
OFFICE/RESIDENTIAL (MIXED USE)
Status
Off-Market
Year built
1905
Construction
FRAME
Heating
FORCED AIR
Stories
1
Bathrooms
2
Total area
1,320 SF
Lot
0.11 ac (4,800 SF)
Zoning code
CN2
APN
1N1E16CD 06600
UPID
US71-0126392
Jurisdiction
MULTNOMAH
Zoning & alternative use
CN2 · Portland, OR
Zoning CN2 · permitted uses
CN2 · 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.
Building & site characteristics
From public records
Year built
1905
Construction
FRAME
Heating
FORCED AIR
Stories
1
Bathrooms
2
Lot
0.11 ac
Current owner
From public records · entity-resolved
Madeleine Masters
Individual
Free & Clear · 0 yrs held
Mailing address
1824 NW 24TH AVE, PORTLAND, OR 97210-2538
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
12 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 23, 2025
$405,000
Madeleine Masters
David Cobban
Warranty Deed
—
Dec 4, 2019
—
David Cobban
Grainsworth Development LLC
Bargain And Sale Deed
$355,500 · Finance Of America Mortgage LLC
Jul 12, 2019
$405,000
Grainsworth Dev LLC
Bellajour LLC
Warranty Deed
$363,630 · Riverbend Fndg LLC
Mar 15, 2019
—
Bellajour LLC
—
Trustees Deed
related
$40,000 · Katie Merritt-trad
Aug 23, 2018
—
Bellajour LLC
—
Deed
related
$650,000 · Elk Ridge Prop & Invs LLC
Aug 15, 2018
—
Bellajour LLC
Mission-teens INC
Warranty Deed
related
—
Sep 17, 2003
$320,000
Mission-teens INC
Jackson,martin & Bonny
Grant Deed
$325,000 · Us Bank NA
Nov 16, 2001
—
Martin Jackson
Jackson,martin & Bonny
Quit Claim Deed
related
$100,000 · Comunity Lending INC
Oct 27, 1993
$12,000
Ronald C Lucas
Salvation Army
Grant Deed
—
—
—
Mission-teens INC
—
Deed Of Trust
related
—
—
—
Mission-teens INC
—
Deed Of Trust
related
$325,000 · Us Bank NA
—
—
Bellajour LLC
—
Deed Of Trust
related
$650,000 · Elk Ridge Prop & Invs 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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