Property profile

7230 18th Ave Portland, OR 97211

OFF-MARKET
Apartment buildings
Property ID
US71-0932257
3,274 SF 0.25 ac lot Built 2004
Entity Owned 4-yr Hold ~ Est. High Equity
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Property profile

Verified
Property type Apartment buildings
Use group APARTMENT HOUSE (5+ UNITS)
Year built 2004
Total area 3,274 SF
Lot 0.25 ac (10,976 SF)
Zoning code R2AH
APN 1N1E14AB 02700
UPID US71-0932257

Cap rate & NOI

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

Location

7230 18th Ave Portland, OR 97211-5269
Portland metro Census 3602 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
$783k
Blend (final) Blend
$525k

Owner & transaction history

since 2022
7 recorded transactions
2022
Price N/A
2019
$805,000
2017
$637,700
2004
$301,000
1994
$39,400
1993
$35,000
1969
Price N/A

Zoning & alternative use

R2AH · Portland, OR
Top alternative use upside
Auto repair, garage $1.0M +14.8%
Medical building $990,000 +13.6%
Retail stores $985,000 +12.9%

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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