1523 NE DEKUM ST Portland, OR $ 528,000
1523 NE DEKUM ST
$ 528,000
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1523 NE DEKUM ST

Portland, OR, 97211
$ 528,000
Bedrooms3 Baths2.0 Sq 2,680

Monthly Estimate*

$ 3,647

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Multi-Family Home for sale in Portland, OR

for $528,000 with 3 bedrooms and 2 full baths. This 2,680 square foot home was built in 1952 on a lot size of 0.11.

Set in one of NE Portland’s most vibrant pockets, just moments from the Dekum Triangle, this beautifully maintained property pairs classic Portland character with excellent income potential. Hardwood floors and inviting original details give the units warmth, while a remodeled kitchen and extensive system improvements add peace of mind, including a 2025 roof, updated electrical, PEX plumbing, and newer furnace and central AC systems. A long driveway provides ample off-street parking and leads to a detached shop, formerly a two-car garage with the potential to be converted back. Out back, thoughtfully designed outdoor spaces create a private setting for gardening, gathering, and entertaining, with a patio, stone paver garden area, and charming garden shed. Close to neighborhood restaurants, breweries, shopping, and entertainment, this is a standout opportunity for an investor or owner-occupant looking to put down roots in Woodlawn while generating income.

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Multi-Family Active

Price

$ 528,000

Bedrooms

3

Full Bath

2

Property Type

Multi-Family

Taxes

$ 4,302

Style

Lot Size

0.11

Year Built

1952

Town/City

Portland

County/Region

Multnomah

MLS | Web ID

430276836

Features
General
Sewer PublicSewer
Heating ForcedAir
Cooling CentralAir
Roof Composition
Zoning R5
Garage Spaces 1.0
Year Built 1952
Stories Count 1
Parcel Number R138599
Gross Income 31404.0
County Multnomah
Net Operating Income 23777.0
Operating Expense 7627.0
Property Type MultiFamily
HOA N
Subdivision Name Woodlawn
Rent Includes Water
Status Active
Directions NE Martin Luther King Jr Blvd E on NE Dekum St to property.
High School Jefferson
City Portland
Disclosures Disclosure
Number Of Units Total 2
MLS Area _142
Lot Size Square Feet 4791.0
Listing Terms Cash Conventional FHA VALoan
Elementary School Woodlawn
Tax Annual Amount 4302.29
Middle/Junior High School Ockley Green
Property Condition UpdatedRemodeled
Standard Status Active
Accessory Dwelling Unit Y/N N
Legal Description COLUMBIA HTS BLOCK 14 LOT 11 EXC PT IN ST
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Interior
Basement FullBasement Unfinished
Hot Water Gas
Unit 1 Baths Total 1
Unit 1 Beds Total 2
Unit 2 Baths Total 1
Unit 2 Beds Total 1
Unit Type UnitTypeType1 UnitTypeType2
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Exterior
Parking Features OffStreet Paved
Lot Features Level PublicRoad
Water Source PublicWater
Total Parking 3.0
Exterior Description Brick MetalSiding
Foundation Details ConcretePerimeter
Building Area Total 2680.0
Lot Size Acres 0.11
Road Surface Type Paved
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Internal Only
Street Number 1 1523
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* Excluded Features
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Broker

503-330-4772

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Affordability Calculator

$4,005
Per Month
91%
9%
0%
Monthly Principal & Interest
$3,647
Monthly Property Taxes
$359
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 7.375% 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.
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Nearby
1951167 Elementary School
1950460 Middle School
Jefferson High School High School
Pricing History
DatePricePrice ChangeDescription
10/6/2026$528,000 Listed Price

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1523 NE DEKUM ST, Portland, OR, 97211 is a Multi-Family Home for sale at $528,000 with 2,680 sqft and a lot size of 0.11. 1523 NE DEKUM ST has 3 bedrooms, 2.0 baths, and was built in 1952. The property's zip code is 97211 which is in Portland, OR