638 26th Ave Portland, OR 97214-3352
Property profile & analytics
638 26th Ave Portland, OR 97214-3352
- Apartment buildings
- 3,400 SF
- 0.18 lot acres
Property ID
US71-1732488
The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.
Location Intelligence
Current Use by Public Records
- Apartment buildings
Property Details for 638 26th Ave
- Year built
- 1968
- Construction
- FRAME
- Lot size
- 0.18 lot acres
- Property size
- 3,400 SF
- Zone code
- R5
- Property type
- Apartment buildings
- APN
- 1S1E01BB 02200
- APU
- 1S1E01BB02200
Description
This exceptional, architecturally designed, dog-friendly apartment building presents a compelling investment opportunity in Portland's desirable Buckman neighborhood. The property, situated on a private, secure 7,500 square foot lot, comprises a two-story building totaling 3,050 square feet. Built in 1968 and thoughtfully renovated in 2011, this five-unit apartment building boasts an 80% occupancy rate. The eco-friendly design incorporates sustainable features, appealing to environmentally conscious renters. Each of the five unique units caters to the needs of city dwellers, particularly those with pets. A key feature is the expansive outdoor communal space, complete with ample yard area, comfortable outdoor seating, and a fire pit, fostering a welcoming environment for both residents and their canine companions. The property is zoned R5 and offers significant potential for future growth and appreciation. The asking price is $1,295,000, translating to $2.73 per square foot. This represents a strong value proposition in a highly sought-after Portland location. The building's secure and private nature, combined with its desirable amenities and location, ensures consistent rental income and strong tenant retention. This is a rare opportunity to acquire a well-maintained, income-producing property in a thriving Portland neighborhood.
Value Estimations
based on Realmo’s proprietary methodology
-
Comparable approach
- Method
- Estimation
- Statistic Estimate
- $1,329,000
- AI Estimate
- $1,329,000
Market price range: $305k - $1.47MMarket price range: $305k - $1.47M -
Alternative Use
- Use
- Estimation
- APARTMENT HOUSE (5+ UNITS)
- $1,005,000 Current use
- RETAIL STORES
- $1,095,000 Change: +9% Conversion: Difficult
- AUTO REPAIR, GARAGE
- $1,040,000 Change: +3% Conversion: Difficult
- MEDICAL BUILDING
- $1,025,000 Change: +2% Conversion: Moderate
- COMMERCIAL (GENERAL)
- $985,000 Change: -2% Conversion: Moderate
- OFFICE BUILDING
- $985,000 Change: -2% Conversion: Moderate
Get a detailed, property-specific estimation — fast and free
Location Insight
- Map
- Local Demand
- City
- Portland
- County
- Multnomah
- State
- Oregon
- Longitude
- -122.639
- Latitude
- 45.518
- CBSA code
- 38900
- CBSA name
- PORTLAND-VANCOUVER-BEAVERTON, OR-WA METROPOLITAN STATISTICAL AREA
Property Tax & Assessments
Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$12,522
$0.00
$0.00
$472,560
-
$400,500
$948,490
$1,348,990
