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Property profile & analytics
OFF-MARKET
Estimated value
$1,055,000
Apartment buildings
8031 Orient Dr, Gresham, OR 97080-8833
Individually Owned
~
Est. High Equity
Property ID
US71-1907639
Property profile
Verified
Property type
Apartment buildings
Use group
APARTMENT HOUSE (5+ UNITS)
Year built
1953
Total area
4,836 SF
Lot
2.02 ac (87,991 SF)
Zoning code
MUA-20
APN
1S4E20CC 01500
UPID
US71-1907639
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
$955k
Comparable Approach
Comparable
$1.12M
Blend (final)
Blend
$1.06M
Owner & transaction history
Maria Del Rayo Ruiz
Maria Del Rayo Ruiz
since 2025
Last sale
$832,912
7 recorded transactions
Zoning & alternative use
MUA-20 · Gresham, OR
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Medical building
$1.5M
+14.8%
Auto repair, garage
$1.4M
+12.6%
Commercial (general)
$1.4M
+8.2%
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 Gresham submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Gresham 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
$1,035,000
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
$1,035,000
6.5%
$955,000
7%
$885,000
Alternative Use
Use
Estimation
APARTMENT HOUSE (5+ UNITS)
$1,275,000
Current use
MEDICAL BUILDING
$1,460,000
Change: +15% · Conversion: Moderate
AUTO REPAIR, GARAGE
$1,435,000
Change: +13% · Conversion: Difficult
COMMERCIAL (GENERAL)
$1,380,000
Change: +8% · Conversion: Moderate
OFFICE BUILDING
$1,245,000
Change: -2% · Conversion: Moderate
Blend value · Realmo final
$1.06M
Range $950k – $1.16M · ±10% · vs last sale $833k (Jul 29 2025)
Last sale anchor
$833k
Jul 29 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
$218 / 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
$7,473
Tax year 2023
Assessed value
$413,600
Assessed 2023
Previous assessed
$401,560
+3.0% YoY
Effective rate
1.81%
On assessed value
Land market value
$511,500
Improvement market value
$409,940
Total market value
$921,440
Applied tax rate
354.0000
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
1953
Heating
BASEBOARD
Stories
2
Bathrooms
5
Total area
4,836 SF
Lot
2.02 ac (87,991 SF)
Zoning code
MUA-20
APN
1S4E20CC 01500
UPID
US71-1907639
Jurisdiction
MULTNOMAH
Zoning & alternative use
MUA-20 · Gresham, OR
Zoning MUA-20 · permitted uses
MUA-20 · Gresham, OR
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Gresham. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
APARTMENT HOUSE (5+ UNITS) Current
Est. value
$1.3M
MEDICAL BUILDING
Est. value
$1.5M
AUTO REPAIR, GARAGE
Est. value
$1.4M
COMMERCIAL (GENERAL)
Est. value
$1.4M
OFFICE BUILDING
Est. value
$1.2M
APARTMENT HOUSE (5+ UNITS) Current
MEDICAL BUILDING
AUTO REPAIR, GARAGE
COMMERCIAL (GENERAL)
OFFICE BUILDING
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
1953
Heating
BASEBOARD
Stories
2
Bathrooms
5
Lot
2.02 ac
Current owner
From public records · entity-resolved
Maria Del Rayo Ruiz
Individual
Mailing address
287 NE 155TH AVE, PORTLAND, OR 97230
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
10 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Oct 29, 2025
$832,912
Maria Del Rayo Ruiz
Vandyke Investment Properties LLC
Warranty Deed
$635,000 · Karasti Green Trust
Feb 19, 2020
$799,000
Vandyke Investment Properties LLC
Brian I Stevens
Warranty Deed
—
Nov 26, 2014
$349,900
Brian I Stevens
Oregon State University Foun
Grant Deed
$315,000 · Oregon State University Foun
Aug 27, 2010
—
Rebecca M Camden
Camden Inns LLC
Quit Claim Deed
related
—
Aug 31, 2009
—
Camden Inns LLC
Pierce Investment Props LLC
Quit Claim Deed
related
—
Nov 29, 2006
$260,000
Pierce Inv Props LLC
Coho Homes & Investments LLC
Grant Deed
—
Oct 9, 2006
$365,000
Pierce Investment Props LLC
Omega One Land Trust
Grant Deed
—
Feb 2, 2006
$52,000
Prime Mortgage Security Corp
Brown Trust
Quit Claim Deed
related
—
Jun 11, 1991
$85,000
Adrian Malo
Fearneyhough,r C
Grant Deed
$30,132 · Fearneyhough R C
—
—
Pierce Investment Props LLC
—
Deed Of Trust
related
$1,000,000 · Aequitas Com'l Finance 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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