Attention investors! You won't want to miss this rare opportunity in SW to own 12 units with many long-term tenants. This property includes 8 apartment units and two duplexes. Seven of the apartments are 1 bed/1 bath, the last apartment is a 2 bed/1 bath and there is a community laundry room for those units. The two sets of duplexes are each 2bed/2bath with w/d hookup. This well-maintained complex is located across from Dewitt Park and the fire station and is very close by shopping and freeway access. You won't want to miss this opportunity!
Pending
Price cut: $199.9K (5/15)
$1,800,000
1508 SW Dewitt St, Portland, OR 97239
16beds
5,647sqft
Est.:
Multi Family
Built in 1967
-- sqft lot
$-- Zestimate®
$319/sqft
$-- HOA
What's special
Community laundry roomWell-maintained complex
- 97 days
- on Zillow |
- 163 |
- 2 |
Zillow last checked: 7 hours ago
Listing updated: June 30, 2025 at 11:38am
Listed by:
Janelle Angel-Ramirez 503-839-8834,
Premiere Property Group, LLC,
Greg Whistler 503-936-3495,
Premiere Property Group, LLC
Source: RMLS (OR),MLS#: 591480080

Travel times
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 16
- Bathrooms: 16
- Full bathrooms: 12
- Partial bathrooms: 4
Heating
- Baseboard
Appliances
- Included: Disposal, Range, Refrigerator, Dishwasher, Electric Water Heater
- Laundry: Common Area, Washer Dryer Hookup
Features
- Basement: None
Interior area
- Total structure area: 5,647
- Total interior livable area: 5,647 sqft
Property
Parking
- Parking features: Assigned, Guest
Features
- Stories: 2
Lot
- Features: Gentle Sloping, SqFt 20000 to Acres1
Details
- Parcel number: R328632
- Zoning: r2d
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Materials
- Lap Siding
- Roof: Composition
Condition
- Restored
- Year built: 1967
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & HOA
Community
- Features: All Landscaping, Commons, Laundry
- Security: None
- Subdivision: Dewitt Apartments
HOA
- Has HOA: No
Location
- Region: Portland
Financial & listing details
- Price per square foot: $319/sqft
- Annual tax amount: $24,684
- Date on market: 4/13/2025
- Listing terms: Cash,Conventional
- Total actual rent: 14823
- Road surface type: Paved
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