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Property profile & analytics
OFF-MARKET
Estimated value
$1,785,000
Apartment buildings
8015 Oswego Ave, Portland, OR 97203-3139
Entity Owned
Property ID
US71-1707891
Property profile
Verified
Property type
Apartment buildings
Use group
APARTMENT HOUSE (5+ UNITS)
Year built
2017
Total area
5,832 SF
Lot
0.11 ac (4,792 SF)
Zoning code
R1D
APN
1N1W12AB 00400
UPID
US71-1707891
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
$1.15M
Comparable Approach
Comparable
$1.76M
Blend (final)
Blend
$1.79M
Owner & transaction history
8015 North Oswego Avenue LLC
8015 North Oswego Avenue LLC
since 2025
6 recorded transactions
Zoning & alternative use
R1D · Portland, OR
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Restaurant
$2.0M
+28.8%
Auto repair, garage
$1.8M
+14.8%
Medical building
$1.8M
+13.6%
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
$1,845,000
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
$1,250,000
6.5%
$1,150,000
7%
$1,070,000
Alternative Use
Use
Estimation
APARTMENT HOUSE (5+ UNITS)
$1,550,000
Current use
RESTAURANT
$1,995,000
Change: +29% · Conversion: Difficult
AUTO REPAIR, GARAGE
$1,780,000
Change: +15% · Conversion: Difficult
MEDICAL BUILDING
$1,760,000
Change: +14% · Conversion: Moderate
OFFICE BUILDING
$1,685,000
Change: +9% · Conversion: Moderate
COMMERCIAL (GENERAL)
$1,680,000
Change: +8% · Conversion: Moderate
RETAIL STORES
$1,460,000
Change: -6% · Conversion: Difficult
Blend value · Realmo final
$1.79M
Range $1.61M – $1.96M · ±10%
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
$306 / 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
$17,073
Tax year 2023
Assessed value
$644,310
Assessed 2023
Previous assessed
$625,550
+3.0% YoY
Effective rate
2.65%
On assessed value
Land market value
$399,360
Improvement market value
$1,498,060
Total market value
$1,897,420
Applied tax rate
201.0000
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
Apartment buildings
Use group
APARTMENT HOUSE (5+ UNITS)
Status
Off-Market
Year built
2017
Heating
GRAVITY
Stories
1
Bathrooms
1
Total area
5,832 SF
Lot
0.11 ac (4,792 SF)
Zoning code
R1D
APN
1N1W12AB 00400
UPID
US71-1707891
Jurisdiction
MULTNOMAH
Zoning & alternative use
R1D · Portland, OR
Zoning R1D · permitted uses
R1D · 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.
Alternative use value scenarios
Repositioning upside vs current use
APARTMENT HOUSE (5+ UNITS) Current
Est. value
$1.6M
RESTAURANT
Est. value
$2.0M
AUTO REPAIR, GARAGE
Est. value
$1.8M
MEDICAL BUILDING
Est. value
$1.8M
OFFICE BUILDING
Est. value
$1.7M
COMMERCIAL (GENERAL)
Est. value
$1.7M
RETAIL STORES
Est. value
$1.5M
APARTMENT HOUSE (5+ UNITS) Current
RESTAURANT
AUTO REPAIR, GARAGE
MEDICAL BUILDING
OFFICE BUILDING
COMMERCIAL (GENERAL)
RETAIL STORES
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
2017
Heating
GRAVITY
Stories
1
Bathrooms
1
Lot
0.11 ac
Current owner
From public records · entity-resolved
8015 North Oswego Avenue LLC
Entity
Mailing address
2324 NW MARSHALL ST APT #4, PORTLAND, OR 97210-2947
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
6 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Aug 22, 2025
—
8015 North Oswego Avenue LLC
Juliet Ann Hyams
Bargain & Sale Deed
$700,000 · Oregon Pacific Bank
Jul 29, 2022
$2,000,000
Juliet Ann Hyams
North Oswego Properties LLC
Warranty Deed
—
Jan 19, 2016
—
North Oswego Properties LLC
David,roger
Grant Deed
related
—
Jul 29, 1997
$60,000
John M Leach
Osmond,isabell A
Grant Deed
$63,850 · Continental Savings Bank
—
—
North Oswego Properties LLC
—
Deed Of Trust
related
$1,500,000 · Franich Trust (pt)
—
—
John M Leach
—
Deed Of Trust
related
$64,600 · Continental Savings Bank
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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