Financial
Distress signals
Property profile

6504 SE Foster Rd Portland, OR 97206

FOR SALE
Retail space
Property ID
US71-0846637
6,796 SF 0.08 ac lot Built 1910
Last sale Oct 2024 · $1,200,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 1-yr Hold Held for 1 years. Absentee Owner Owner mailing address differs from the property address. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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6504 SE Foster Rd, Portland, OR 97206 For Sale
$1,600,000 6,796 SF
6504 SE Foster Rd, Portland, OR 97206
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Property summary

AI-generated overview

The Foster Building, located at 6504 SE Foster Rd in Portland, Oregon (zip code 97206), offers a versatile office space solution. This Multnomah County property currently has one available space totaling 1,000 square feet. The space is ideal for a variety of office configurations, including coworking, executive office suites, creative office setups, or traditional office layouts. The available unit is situated on the second floor and features an open floor plan reception area, along with

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. In the full report.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with the full report.

Mortgages

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.

Property tax · 2023

What does the county charge?
$16k
Tax billed · 2023
Assessed value$608k
Effective rate2.65%

Value estimate

· Sep 2026
$1.20M
$1.08M – $1.32M
AI approach$1.20M
CAP approach$1.21M
NOI build-up
Gross scheduled income$184k
Vacancy & credit loss−$16k
Operating expenses−$50k
NOI · 7.35% cap applied$118k

Realmo valuation models over county records and 4 qualifying comparable sales.

Recently sold

What actually traded nearby?
$287/SF
ZIP average, outlier-cleaned · 25 recorded sales of this use type
Observed band · Q1–Q3$121 – $424
Qualifying comparables4

Cap rate analysis

How does the asset earn?
7.35%
$118k estimated NOI · market benchmarks for this use type

Price anchors at 6 / 6.5 / 7% — in the full report.

Zoning insight

What can be built here?
CS
JurisdictionMULTNOMAH

Location intelligence

Which uses thrive at this corner?
Best fit: Realty agency
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Realty agency22.4
Law Firm17.1
Parking Facility14.0

Location

6504 SE Foster Rd Portland, OR 97206
County assessor Recorded deeds · 8 transfers 4 qualifying comp sales Zoning catalog

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 15 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
7330-7332 Powell, Portland, OR 97206 $1,675,000 Mar 2025 10,308 SF
4942 Foster, Portland, OR 97206-3037 $600,000 Oct 2024 4,754 SF
6300 Foster, Portland, OR 97206-3609 $127,000 Sep 2022 5,955 SF
6030 Division, Portland, OR 97206-1346 $2,400,000 Oct 2021 4,450 SF
4525 Division, Portland, OR 97206-1633 $3,500,000 Jul 2021 10,000 SF
7344 Foster, Portland, OR 97206-4407 $1,800,000 Mar 2021 11,241 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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