4534 SW DICKINSON ST
Portland, OR, 97219 $ 10,300,000
Bedrooms9 Baths9.0 Sq 30,940 Monthly Estimate*
$ 63,419
for $10,300,000 with 9 bedrooms and 9 full baths. This 30,940 square foot home was built in 1971 on a lot size of 2.76.
Dickinson Crossing presents a rare & flexible investment opportunity in SW Portland. The offering includes 43 well-maintained 1- & 2-bedroom units (41,970 sf lot) plus add'l 80,168 SF of raw land on 2 separate tax lot(s). Seller is completing a 3 lot partition to separate the apartments from raw land, allowing for either a partial sale or full property sale. (Partial sale subject to final plat recording). The vacant land is zoned RM1, offering multiple development options, apartments, townhomes, or other middle-housing concepts. Buyers to perform their own due diligence. The existing apartment community has been carefully maintained by long-term ownership, with clean grounds and many long-term renters. Strong demand in this location supports stable occupancy. The property sits directly on a TriMet bus line and minutes from RESTAURANTS - Walter Mitty's, Original Pancake House, The Old Barn, Buster's BBQ, Kuang's, Sushi. FAST FOOD - Dominos, Taco Time, Wendy's, McDonald's. LODGING - Aladdin Inn & Suites, Comfort Suites, All comfort Residential Care. SERVICES - Tri Met Transit Center, Les Schwab Tire Center, Veterinary Hospital, Goodwill Donation. GROCERY - Walgreens, Fred Meyer, Safeway, Barbur Liquor. SCHOOLS - PCC Campus, Markham, Jackson & Wilson, Oregon School of Massage. PARKS - Holly Farm, Dickinson, Spring Garden. GAS - Chevron, Shell. Lot B). 24,515 sf lot for future dev/building along Dickinson St. Lot C). 55,653 sf lot for future dev/building, on SW Comus St. The development potential creates an outstanding opportunity.
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FeaturesGeneralSewer PublicSewer
Heating MiniSplit
Cooling MiniSplit
Roof Composition
Zoning R2
Garage Spaces 1.0
Security Features None
Year Built 1971
Stories Count 2
Tax Year 2025
Parcel Number R290456
Gross Income 596054.0
Community Features AllLandscaping Laundry
County Multnomah
Net Operating Income 315909.0
Operating Expense 280145.0
Property Type MultiFamily
HOA N
Subdivision Name Trio Addition
Rent Includes CableTV MaintenanceGrounds Sewer TrashCollection Water
Status Active
Directions Barbur Blvd South on Capitol Hwy North on Dickinson St.
High School Other
City Portland
Disclosures Disclosure
Number Of Units Total 43
MLS Area _148
Lot Size Square Feet 120225.0
Listing Terms Cash Contract Conventional
Elementary School Markham
Tax Annual Amount 82370.05
Middle/Junior High School Jackson
Property Condition Existing
Standard Status Active
Accessory Dwelling Unit Y/N N
Legal Description TRIO ADDITION BLOCK 1 TL 100
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InteriorBasement None
Storage Garage
Hot Water Electricity
Unit 1 Baths Total 1
Unit 1 Beds Total 1
Unit 2 Baths Total 1
Unit 2 Beds Total 1
Unit 3 Baths Total 1
Unit 3 Beds Total 1
Unit 4 Baths Total 1
Unit 4 Beds Total 1
Unit 5 Beds Total 1
Unit 6 Beds Total 2
Unit 7 Beds Total 2
Unit Type UnitTypeType1 UnitTypeType2 UnitTypeType3 UnitTypeType4 UnitTypeType5 UnitTypeType6 UnitTypeType7
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ExteriorParking Features Garage RVAccessParking
Lot Features GentleSloping Level PublicRoad
Water Source PublicWater
Total Parking 64.0
Exterior Description CementSiding LapSiding WoodSiding
Foundation Details ConcretePerimeter
Building Area Total 30940.0
Lot Dimensions Irregular
Lot Size Acres 2.76
Road Surface Type Paved
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* Excluded FeaturesList ByPremiere Property Group, LlcBroker
Affordability Calculator
- Monthly Principal & Interest
- $63,419
- Monthly Property Taxes
- $6,864
- Monthly Home Insurance
- --
Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
Learn more about how to save NearbyMulti-family listings in Portland, OR
Average List Price $1,557,060
Percent of Sale Price 85%
About Portland, OR 646,380 Population
22% Since 2002
$ 62,517 Median Income
39 Median Age
22% Households with Children
Trends Information provided by ATTOM Data Solutions.
5253282 Elementary School
4475959 Middle School
Unknown High School High School
Pricing History| Date | Price | Price Change | Description |
|---|
| 2/11/2026 | $10,300,000 | | Listed Price |