Dickinson Crossing Investment
For Sale
Contact for pricing
4534 SW Dickinson St, Portland, OR 97219
Investment opportunity in SW Portland with apartments and development potential.
Property SizeContact for details
Days on Market147
Property Features for 4534 SW Dickinson St
General Information
Standard status
Active
Property subtype
Land, Multifamily
Zoning
R2
Investment Type
Redevelopment
Net Operating Income
$315,909
Building Details
Year Built
1971
Buildings
4
Stories
2
Units
43
Listing Agency:
Premiere Property Group, LLC
(503) 907-2280
Listed By:
Greg Whistler · License #940700095
Source:
Crexi
Added: Mar 20
Changed: Aug 8
Last Checked: Jul 15 at 8:10PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Premiere Property Group, LLC
Investment Insights
Based on property information with market context.
Dickinson Crossing presents an investment opportunity in Southwest Portland. The offering includes 43 well-maintained one- and two-bedroom units situated on a 41,970 square foot lot, along with an additional 80,168 square feet of raw land on two separate tax lots. The seller is completing a three-lot partition to separate the apartments from the raw land, allowing for either a partial or full property sale, with the partial sale subject to final plat recording. The vacant land is zoned RM1, offering multiple development options such as apartments, townhomes, or other middle-housing concepts; buyers are advised to perform their own due diligence. The existing apartment community has been carefully maintained by long-term ownership, featuring clean grounds and many long-term renters. Strong demand in this location supports stable occupancy. The property is located directly on a TriMet bus line and is minutes from restaurants, fast food options, lodging, services, grocery stores, schools, parks, and gas stations. Lot B consists of a 24,515 square foot lot for future development or building along Dickinson Street, and Lot C consists of a 55,653 square foot lot for future development or building on Southwest Comus Street. The development potential creates an outstanding opportunity.
Key Highlights
- Significant development potential with 80,168 SF of raw land zoned RM1, suitable for apartments, townhomes, or other middle‑housing concepts.
- Opportunity for partial or full property sale due to ongoing 3‑lot partition separating apartments from raw land.
- Existing well‑maintained apartment community with 43 units (1- & 2‑bedroom) and stable occupancy.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
720
Businesses Nearby
Explore this area
Business Placement
Demographics for 97219, OR
42,474
Population
18,881
Households
2.2
Avg Household Size
40
Median Age
66%
College-Educated
98%
High-School Grad
11.7 sq mi
ZIP Area
3,630
Density / Sq Mi
$115,525
Median Household Income
$59,178
Median Earnings
$1,603
Median Rent
$651,600
Median Home Value
Market
Vacancy Rate% for Multifamily in West region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Land - Investment opportunity in SW Portland with apartments and development potential.
Where is this land located?
The property is located at 4534 SW Dickinson St Portland, OR.
What is the asking price?
The asking price for this property is $10,300,000.
What are key features of this property?
This property features: Significant development potential with 80,168 SF of raw land zoned RM1, suitable for apartments, townhomes, or other middle‑housing concepts.; Opportunity for partial or full property sale due to ongoing 3‑lot partition separating apartments from raw land.; Existing well‑maintained apartment community with 43 units (1- & 2‑bedroom) and stable occupancy.
