7408 BroadwayPortland, OR 97213

  • Apartment buildings
  • 5,520 SF
Off market
$444,250 Estimated

Property Details for 7408 Broadway

Year built
1957
Construction
FRAME
Lot size
0.27 AC
Property size (Sq ft)
5,520 SF
Zone code
R2A
Property type
Apartment buildings
APN
1N2E29DC 08700
APU
1N2E29DC08700

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $2,124,130
    6.5%
    $1,960,730
    7%
    $1,820,680
  • Comparable approach

    Method
    Valuation
    Relative Method
    $1,243,760
    Geo Method
    $1,243,760
  • Alternative Use

    Use
    Valuation
    Industrial / Distribution
    $3,273,980
    Retail / Commercial
    $1,649,260
    Mixed-Use / Specialty
    $1,620,040
    Hospitality / Lodging
    $1,158,180
    Office
    $1,586,100
    Institutional / Educational
    $1,675,840
    Multifamily
    $2,481,010
    Automotive / Energy
    $1,436,440
    Parking / Income-Based Land
    $518,758
    Restaurant / Food Service
    $792,775
    Healthcare / Senior Housing
    $1,685,250

Location Insight

City
Portland
County
Multnomah
State
Oregon
Latitude
45.5353
Longitude
-122.587
CBSA code
38900
CBSA name
PORTLAND-VANCOUVER-BEAVERTON, OR-WA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$11,772
-
-
$444,250
-
$293,750
$1,025,110
$1,318,860

FAQs

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