Property profile

88 24th Ave Portland, OR 97214

OFF-MARKET
Apartment buildings
Property ID
US71-0093794
17,700 SF 0.11 ac lot Built 2016
Entity Owned 12-yr Hold Absentee Owner ~ Est. High Equity
Saved · see the list in your Dashboard

Property profile

Verified
Property type Apartment buildings
Use group APARTMENT HOUSE (5+ UNITS)
Year built 2016
Total area 17,700 SF
Lot 0.11 ac (4,929 SF)
Zoning code CM
APN 1N1E36CC 18400
UPID US71-0093794

Cap rate & NOI

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

Current use

Occupant on record · Public records
  • Interior Design Home Decor Store

Location

88 24th Ave Portland, OR 97214-2288
Portland metro Census 2002 PORTLAND-VANCOUVER-BEAVERTON, OR-WA METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$5.59M
Blend (final) Blend
$5.59M

Owner & transaction history

since 2014
7 recorded transactions
2018
Price N/A
2016
Price N/A
2014
$450,000
2005
$280,000
2002
$280,000
1990
$48,000
1969
Price N/A

Zoning & alternative use

CM · Portland, OR
Top alternative use upside
Restaurant $6.1M +15.7%
Retail stores $5.7M +8.7%
Auto repair, garage $5.4M +3.2%

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
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 88 24th Ave?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message