432 Northeast Dekum Street

432 Northeast Dekum Street

Portland, OR 97211

$900,000
Price
—
Beds
3,250 Sq. Ft.
$277 / Sq. Ft.
3,250
Sq. Ft.
$277
per Sq. Ft.

Description

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...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.
  1. Listed by Israel Hill • John L. Scott NE Portland • neportland@johnlscott.com
  2. Listed by Doug Landers • John L. Scott Portland Central

Property Details for 432 Northeast Dekum Street

Subdivision
WOODLAWN/DEKUM
Zoning
CM2

Location

Listing Courtesy of John L. Scott NE Portland; John L. Scott Portland Central
Add your commute
LISTING UPDATED: 05/03/2024 05:17 PM

Property Details for 432 Northeast Dekum Street

StatusActive
MLS #23022376
Days on Market206
Taxes$1,851 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeMulti Family
Year Built1910
Lot Size-
CountyMultnomah County

Location

Listing Courtesy of John L. Scott NE Portland; John L. Scott Portland Central
Add your commute

Building Information for 432 Northeast Dekum Street

Stories3Residences3Year Built1910Building Size-Lot Size-

Payment Calculator

$5,066 per month

30 year fixed, 7.25% Interest

Principal and Interest

$4,912

Property Taxes

$154

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 432 Northeast Dekum Street

Summary
Location and General Information
  • Country: US
  • Directions: NE MLK Blvd West on NE Dekum
  • Road Surface: Paved
School Information
  • Elementary School: Woodlawn
  • High School: Jefferson
  • Middle Or Junior School: Ockley Green
Taxes and HOA
  • Tax Year: 2023
  • Tax Annual Amount: $1,851.23
  • Parcel Number: R214339
  • Tax Legal Description: MAXWELL, BLOCK 1, LOT 29
Property
Lot Information
  • Lot Description: Corner Lot, Level
  • Lot Size Range: Sq Ft5000to6999
  • Lot Size: 5,000 to 6,999 Sq Ft
Property and Assessments
  • Property Type: Multi Family
  • Water Description: Public Water
  • Property Condition: Approximately
  • Year Built: 1910
Utilities
  • Fuel Description: Gas
  • Heating Description: Forced Air
  • Hot Water Description: Electricity
  • Sewer Description: Public Sewer
  • Rent Includes: Sewer, Trash Collection, Water
Interior and Exterior Features
Exterior Features
  • Exterior Description: Lap Siding, Shingle Siding, Wood Siding
  • Roof Type: Composition
Interior Features
  • Basement: Full Basement, Storage Space, Unfinished
  • Foundation Details: Block
  • Stories: 3
Multi Family
Multi-Family Information
  • Number Of Units Total: 3
  • Gross Income Actual: $59,580.00
  • Gross Income Projected: $64,380.00
  • Gross Rent Multiplier: $15.11
  • Investor Information: According To Owner
  • Net Income Actual: $56,089.00
  • Net Income Projected: 60889
  • Operating Expenses Projected: $3,491.00
  • Operating Expense: $3,491.00
  • Storage: Basement
  • Unit Type Type: Unit Type Type1, Unit Type Type2, Unit Type Type3
  • SqFt Approximate Building Total: 3250
Unit 1 Information
  • Unit Type 1 Baths Total: 1
  • Unit Type 1 Beds Total: 1
  • Unit Type 1 Features: Hardwood Floors, Range, Refrigerator
  • Unit Type 1 Rent: $1,550
  • Unit Type 1 SqFt: 936.0
  • Unit Type 1 Units Total: 1
Unit 2 Information
  • Unit Type 2 Baths Total: 1
  • Unit Type 2 Beds Total: 2
  • Unit Type 2 Features: Dishwasher, Hardwood Floors, Range, Refrigerator
  • Unit Type 2 Rent: $2,650
  • Unit Type 2 SqFt: 2098.0
  • Unit Type 2 Units Total: 1
Unit 3 Information
  • Unit Type 3 Baths Total: 1
  • Unit Type 3 Beds Total: 0
  • Unit Type 3 Rent: $1,165
  • Unit Type 3 SqFt: 216.0
  • Unit Type 3 Units Total: 1

Property History for 432 Northeast Dekum Street

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 432 Northeast Dekum Street

Taxable ValueLand-Additions-Total-
Tax Record2023$1,851 ($154 / month)
Home Facts
Baths2Total Finished SqFt2,002 SqFtAbove Grade Finished SqFt2,002 SqFtUnfinished Basement SqFt1,032 SqFtStories2Lot Size5,000 SqFtStyleDuplexYear Built1910ZoningCMHCountyMULTNOMAHAPN1N1E14BC 16400

Schools near 432 Northeast Dekum Street

This home is within Portland School District 1j.
Rating
School
Type
Grades
Distance
Woodlawn Elementary School
Public - PK to 5
Ockley Green
Public - 6 to 8
Roosevelt High School
Public - 9 to 12
Jefferson High School
Public - 9 to 12
Rating
School
Distance
Woodlawn Elementary School
PublicPK to 5

Ockley Green
Public6 to 8

Roosevelt High School
Public9 to 12

Jefferson High School
Public9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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More information about 432 Northeast Dekum Street, Portland, OR 97211

432 Northeast Dekum Street is a multi-family home for sale in Portland, OR 97211. This property was listed for sale on October 10, 2023 by John L. Scott NE Portland, it's currently listed at $900,000. It has been on the market for a total of 206 days and was last sold on March 25, 2014. This listing's school district is Portland School District 1j. Nearby schools include Woodlawn Elementary School, Ockley Green and Roosevelt High School. 432 Northeast Dekum Street is a 0-bed, 0-bath, 3,250 sqft multi-family home built in 1910.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of John L. Scott NE Portland; John L. Scott Portland Central

All information provided is deemed reliable but is not guaranteed and should be independently verified. The content relating to real estate for sale on this web site comes in part from the IDX program of the RMLS of Portland Oregon. Real estate listings held by brokerage firms other than Compass are marked with the RMLS logo and detailed information about these properties includes the names of the listing brokers. Copyright © 2024 RMLS, Portland, Oregon. Last updated: 05/03/2024 05:17 PM