4534 SW Dickinson St, Portland, OR 97219 | MLS ID 585932628

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$10,300,000

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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.

Information

Address:
<map>

4534 SW Dickinson St
Portland, OR 97219

Square Feet: 30940

Area/School Dist: Portland NW- SW- S Raleigh Hills

MLS ID: 585932628

Status: Active

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Features

Taxes: $82,370
Roof Type: Composition
Exterior: Cement Siding, Lap Siding, Wood Siding
Parking Notes: Garage, RVAccessParking
Lot Size: Irregular
Lot Dimensions: Irregular
Heating: Mini Split
Fuel Type: Electricity
Cooling: MiniSplit
Year Built: 1971
Water: Public Water
Sewer: Public Sewer
Stories: 2.0
Units: 43
Basement: None
Parking Spaces 64
Gross Income: $596054.00 (Actual)
Hot Water Description: Electricity
Lot Description: Gentle Sloping, Level, Public Road
Net Income: $315909.00 (Actual)
Operating Expenses: $280145.00 (Actual)
Parking: Garage, RVAccessParking
Storage: Garage

Unit Information

Unit Type 1 Information
  Bathroom(s): 1
  Bedrooms: 1
  Features: AirConditioning, Dishwasher, Range, Refrigerator
  Rent: $1200.00
  Square Footage: 465
  Total Units: 4
Unit Type 2 Information
  Bathroom(s): 1
  Bedrooms: 1
  Features: AirConditioning, Dishwasher, Range, Refrigerator
  Rent: $1360.00
  Square Footage: 535
  Total Units: 13
Unit Type 3 Information
  Bathroom(s): 1
  Bedrooms: 1
  Features: AirConditioning, Dishwasher, Range, Refrigerator
  Rent: $1400.00
  Square Footage: 565
  Total Units: 4
Unit Type 4 Information
  Bathroom(s): 1
  Bedrooms: 1
  Rent: $1500.00
  Square Footage: 660
  Total Units: 7
Unit Type 5 Information
  Bathroom(s): 1
  Bedrooms: 1
  Features: AirConditioning, Dishwasher, Range, Refrigerator
  Rent: $1350.00
  Square Footage: 760
  Total Units: 1
Unit Type 6 Information
  Bathroom(s): 2
  Bedrooms: 2
  Rent: $1650.00
  Square Footage: 860
  Total Units: 12
Unit Type 7 Information
  Bathroom(s): 2
  Bedrooms: 2
  Features: AirConditioning, Dishwasher, Range, Refrigerator
  Rent: $2000.00
  Square Footage: 1182
  Total Units: 2

School Information

High School: Other
Middle School: Jackson
Elementary School: Markham

Mortgage Information

Agency/Agent Information

Shown By:
  Agency Name: DAT Real Estate Solutions
  Agency Phone: 503-400-7995

Listed By
   Premiere Property Group, LLC
  Agency Phone: 503-670-9000

DAT Real Estate Solutions
4660 Portland Road, Suite 103 | Salem, Oregon 97305
503.400.7995

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Disclaimer: All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Listing(s) information is provided for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information on this site was last updated 04/03/2026. The listing information on this page last changed on 04/03/2026. The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of Delta Media Group MLS (last updated Fri 04/03/2026 12:01:12 AM EST) or RMLS (last updated Thu 04/02/2026 11:58:28 PM EST) or Willamette Valley MLS (last updated Thu 04/02/2026 11:51:07 PM EST). Real estate listings held by brokerage firms other than DAT Real Estate Solutions may be marked with the Internet Data Exchange logo and detailed information about those properties will include the name of the listing broker(s) when required by the MLS. All rights reserved.

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