4600 SW Dickinson St
Portland, OR 97219
Multifamily For Sale · Multifamily Property For Sale

Dickinson Crossing, at 4600 SW Dickinson St, offers a development opportunity for buyers looking to expand their real estate portfolio. The existing well-maintained apartment complex consists of four buildings of garden-style apartments totaling 43 units. Twenty-nine one-bed, one-bath units range from 550 to 660 square feet, twelve 860-square-foot units are two-bed, one bath, and the remaining two units are two-bed, two-bath at 1,250 square feet. The parcel offers a significant value-add opportunity to add up to 150,000-square-feet of new multifamily units on the property.

The existing property, which is fully occupied, was built in 1971 and includes amenities such as garages and covered parking and an on-site laundry facility. These existing units meet the requirements for Portland’s FAR Bonus, an inclusionary housing program. Across SW Capitol Hwy, tenants will find tranquillity at Holly Farm Park, a 1.7-acre park named for its holly trees, offering a skate bowl, paths, picnic tables & a playground.
Dickinson Crossing is poised for a substantial development opportunity, advantageous capital improvements, resulting in future rent growth.
The property, which is 95.3% occupied, was built in 1971 and includes amenities such as garages and covered parking and an on-site laundry facility. Across SW Capitol Hwy, tenants will find tranquility at Holly Farm Park, a 1.7-acre park named for its holly trees, offering a skate bowl, paths, picnic tables & a playground.
In addition to the 30,073-square-foot multifamily complex, the property also includes up to 13,600 SF of additional land for expansion along SW Dickinson Street (11,600 SF) and SW Capitol Hwy (2,400 SF).
Dickinson Crossing is poised for advantageous capital improvements, future rent growth, and potential expansion on the adjacent plats.