Listing provided courtesy of Premiere Property Group, LLC- MLS# 585932628MLS Provider

4534 SW DICKINSON STPortland, OR 97219

Multi-Family · 30,940 Sq. ft. | 2.76 Acres
$10,300,000 Pending

4534 SW DICKINSON ST Overview

Time on Site:
139 days
Visits:
8

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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4534 SW DICKINSON ST Facts & Features

  • Type Multi-Family
  • Sq. ft. 30,940
  • Price/Sq.ft. $333
  • Lot 2.76 Acres

Details

General

School Information

  • Elementary School: Markham
  • Middle Or Junior School: Jackson
  • High School: Other

Income/Expenses

  • Gross Income: 596054.0
  • Gross Scheduled Income: 596054.0
  • Net Operating Income: 315909.0
  • Operating Expense: 280145.0

Building Information

  • Year Built: 1971

Location/Region

  • Country: US
  • County Or Parish: Multnomah
  • MLS Area Major: 148 - Portland NW/ SW/ S, Raleigh Hills
  • Subdivision Name: Trio Addition

Community/Development

  • Community Features: All Landscaping,Laundry

Rent/Lease Information

  • Rent Includes: Cable TV,Maintenance Grounds,Sewer,Trash Collection,Water

Tax Information

  • Tax Annual Amount: 82370.05
  • Tax Year: 2025

General Information

  • Disclosures: Disclosure
  • Listing Terms: Cash,Contract,Conventional
  • Parcel Number: R290456
  • Property Condition: Existing
  • Property Type: Multi Family
  • Zoning: R2

Interior

Parking Information

  • Garage Spaces: 1.0

Building Interior

  • Building Area Total: 30940.0

General Information

  • Basement: None
  • Cooling: Mini Split
  • Foundation Details: Concrete Perimeter
  • Heating: Mini Split
  • Security Features: None
  • Stories: 2

Exterior

Parking Information

  • Parking Features: Garage,RV Access/Parking
  • Parking Total: 64.0

Lot Information

  • Lot Features: Gentle Sloping,Level,Public Road
  • Lot Size Acres: 2.76
  • Lot Size Dimensions: Irregular
  • Lot Size Square Feet: 120225.0
  • Road Surface Type: Paved
  • Water Source: Public Water

Building Exterior/Construction

  • Roof: Composition

General Information

  • Number Of Units Total: 43
  • Sewer: Public Sewer

4534 SW DICKINSON ST Neighborhood

Community

97219 (PORTLAND) Demographics

41
Median Age
3,599
Population Density (per sq. mile)
73%
College Educated
$104,392
Estimated Median Income
12,811
Estimated Total Home Owners
4,883
Estimated Total Renters
72% / 28%
Estimated Owner / Renter Divide
2
Estimated Average Household Size
Community data courtesy of LiveBy, Inc.

Schools

School data courtesy of LiveBy, Inc. School ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating.

4534 SW DICKINSON ST Monthly Cost

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* All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

4534 SW DICKINSON ST Market Data

Based on the last 30 days in this zip code

$833,937
Average List Price
$358
Average Price per Square Foot
55
Properties Sold
71
Average Days on Market
284
Properties for Sale
Calculations provided by Reliance Network

4534 SW DICKINSON ST History

Date Event Value Agent
5/13/2026Source: Regional MLS Status Change
Pending
2/11/2026Source: Regional MLS Added to Database
February 11, 2026