Calling all entrepreneurs, investors and creative thinkers? this is the spot for you. Zoned CM2 and positioned on a corner lot this three unit rental is ready for your vision. Currently used as a duplex with fully rented salon outbuilding with separate meters. The ground work has been done for more income revenue with a fully permitted space for a food cart, tiny home, or a commercial kitchen if you repurposed the main floor into a cafe or restaurant with more seating available in adjacent level back yard. Full basement is also ready for your finishing touches for even more income revenue. The main level unit has been refreshed with new flooring, light fixtures and plumbing. The salon space was a complete new build in 2020 and has exquisite finishes throughout including a vaulted ceiling, floor to ceiling brick wall with 7 foot wood arched Marvin windows. Complete with a half bath and extra work sink, powered by tankless water heater. Call today for a private tour and to discuss how to make this your creative dream and add to the Dekum Triangle and Woodlawn food scene.
Active
$890,000
432 NE Dekum St, Portland, OR 97211
3beds
3,250sqft
Est.:
Multi Family
Built in 1910
-- sqft lot
$-- Zestimate®
$274/sqft
$-- HOA
What's special
Exquisite finishesNew flooringHalf bathTankless water heaterVaulted ceilingWood arched marvin windowsLight fixtures
- 575 days
- on Zillow |
- 228 |
- 9 |
Zillow last checked: 7 hours ago
Listing updated: March 26, 2025 at 01:45pm
Listed by:
Israel Hill neportland@johnlscott.com,
John L. Scott Portland Central,
Doug Landers 503-936-3905,
John L. Scott Portland Central
Source: RMLS (OR),MLS#: 23022376

Travel times
Tour with a buyer’s agent
Tour with a buyer’s agent
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 3
- Full bathrooms: 2
- Partial bathrooms: 1
Heating
- Forced Air
Appliances
- Included: Range, Refrigerator, Dishwasher, Electric Water Heater
Features
- Flooring: Hardwood
- Basement: Full,Storage Space,Unfinished
Interior area
- Total structure area: 3,250
- Total interior livable area: 3,250 sqft
Property
Features
- Stories: 3
Lot
- Features: Corner Lot, Level, SqFt 5000 to 6999
Details
- Parcel number: R214339
- Zoning: CM2
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Materials
- Lap Siding, Shingle Siding, Wood Siding
- Foundation: Block
- Roof: Composition
Condition
- Approximately
- Year built: 1910
Utilities & green energy
- Gas: Gas
- Sewer: Public Sewer
- Water: Public
Community & HOA
Community
- Subdivision: Woodlawn/Dekum
Location
- Region: Portland
Financial & listing details
- Price per square foot: $274/sqft
- Tax assessed value: $619,480
- Annual tax amount: $1,851
- Date on market: 10/10/2023
- Listing terms: Cash,Conventional,Owner Will Carry
- Total actual rent: 5365
- Road surface type: Paved
- Loading
- Loading