4534 SW Dickinson St, Portland, OR 97219

$10,300,000

Beds

Baths

2.76 ac

Property Size

1971

Year Built

About The Property

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.

ARCHITECTURE

Stories: 2
Condition: Existing
Year Built: 1971
Roof Type: Composition
Foundation Details: Concrete Perimeter

INTERIOR FEATURES

Heating Type: Mini Split
Fuel Type: Electricity
Interior SqFt: 30940

EXTERIOR FEATURES

Lot Features: Gentle Sloping, Level, Public Road
Lot size (Acres): 2.76
Zoning: R2
Garage Spaces: 1
Water Source: Public Water
Sewer: Public Sewer

SCHOOLS

Elementary: Markham
High School: Other
Middle: Jackson

TAX & FINANCIAL

Annual Tax: $82370.05
Terms Considered: Cash, Contract, Conventional
Tax Year: 2025

LISTING INFO

Listing courtesy of Premiere Property Group, LLC
Days On Market: 90

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Erik Leland

Luxury Property Advisor | OR License 201225800
Member of: National Association of REALTORS® (NAR)

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Property ID - | 774764

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Erik Leland