SOLD DEC 5, 2025

Off Market Dec 2025 for $1.4M

—

•

16 ba

•

5,647

sq ft

1508 SW Dewitt St, Portland, OR 97239

About this home

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!

Multi-familyProperty Type

1967Year Built

$257Price/Sq.Ft.

Listed by Janelle Angel-Ramirez • Premiere Property Group, LLC

Listed by Greg Whistler • Premiere Property Group, LLC

Bought with OR and WA Non Rmls • Non Rmls Broker

Redfin checked: 3 minutes ago

•Source:RMLS #591480080

Redfin Estimate

There isn’t enough information to generate an accurate estimate at this time. Learn More

Market trends in Hillsdale, OR

Last updated July 2026

Buyer's Market

Seller's Market

Seller's market

Sale-to-List Price

102.5%

+0.5% MoM

Median sale price

$725K

$5K MoM

Avg. days on market

1 days MoM

Recently sold homes

7 MoM

New listings for sale

COMING SOON
$1,145,000
4 beds3 baths3,317 sq ft
6464 SW Parkhill Dr, Portland, OR 97239
Randy Bylsma • Premiere Property Group, LLC
OPEN SAT, 12PM TO 2PM
$2,300,000
5 beds5 baths5,305 sq ft
4260 SW Council Crest Dr, Portland, OR 97239
Susan Suzuki • Windermere Realty Trust
NEW 13 HRS AGO
$995,000
3 beds2 baths1,750 sq ft
6118 S Riverpoint Ln, Portland, OR 97239
Kevin Hall • Cascade Hasson Sotheby's International Realty
NEW 28 HRS AGO
$299,900
1 bed1 bath1,025 sq ft
3601 S River Pkwy #219, Portland, OR 97239
Jordan Matin • Matin Real Estate
OPEN SUN, 11AM TO 1PM
$824,900
4 beds3 baths2,557 sq ft
5211 SW 19th Dr, Portland, OR 97239
Rob Levy • Keller Williams Realty Professionals
OPEN SAT, 1PM TO 3PM
$849,900
3 beds3 baths2,656 sq ft
5211 SW 18th Pl, Portland, OR 97239
Chad Brackett • Like Kind Realty
EARLY ACCESS
$590,000
3 beds2 baths2,286 sq ft
3611 SW Condor Ave, Portland, OR 97239
$415,000
1 bed1 bath1,207 sq ft
3601 S River Pkwy #1900, Portland, OR 97239
Mike Howe • Knipe Realty ERA Powered
OPEN SUN, 11AM TO 12:30PM
$799,000
4 beds2 baths2,834 sq ft
216 S Iowa St, Portland, OR 97239
Ty Brown • Premiere Property Group, LLC
OPEN SUN, 1PM TO 3PM
$699,900
3 beds3 baths2,030 sq ft
307 SW Hamilton St, Portland, OR 97239
Linda Skeele • Windermere Realty Trust
See all

Provided by Redfin

Sale history for 1508 SW Dewitt St

Public record

Public record
Zoning
Permits

Beds

—

Baths

—

Stories

—

Lot width

—

Lot depth

—

Lot size

—

Year renovated

—

Sq. Ft.

—

Year built

—

Style

Multi-Family (5+ Unit)

County

Multnomah County

APN

—

Parking Spaces

—

Basement

—

Accessible

—

HOA Dues

—

Garage

—

Features

—

Last updated by owner on Jul 24, 2024.

RM1

Residential Multi-Dwelling 1 Zone

The RM1 zone is a low-scale multi-dwelling zone that is generally applied in locations intended to provide a transition in scale to single-dwelling residential areas, such as the edges of mixed-use centers and civic corridors, and along or near neighborhood corridors. Allowed housing is characterized by one to three story buildings that relate to the patterns of residential neighborhoods, but at a somewhat larger scale and building coverage than allowed in the single-dwelling zones. The major types of new development will be duplexes, triplexes, rowhouses, courtyard housing, small apartment buildings, and other relatively small-scale multi-dwelling and small-lot housing types that are compatible with the characteristics of Portland's residential neighborhoods.

Zone overlays

Design Overlay Zone

Permitted uses

Include but are not limited to:

Housing
Housing-Group
Housing-Single unit
Housing-Multiple units
Housing-Senior

Property details

Parking

Parking Information
Parking Features: Assigned, Guest

Interior

Appliances
Hot Water Description: Electricity

Interior Features
Storage: Individual Storage Units

Multi Unit Information
# Of Units Total: 12

Unit Information
Unit Type: 1, 10, 2, 3, 4, 5, 6, 7, 8, 9

Unit Type 1 Information
Actual Rent: $1,037
Area: 648
Baths Total: 1
Beds Total: 1
Features: Disposal, Range, Refrigerator
Units Total: 3

Unit Type 2 Information
Actual Rent: $1,366
Area: 710
BathsTotal: 1
Beds Total: 2
Features: Disposal, Range, Refrigerator
Units Total: 1

Unit Type 3 Information
Actual Rent: $926
Area: 648
Baths Total: 1
Beds Total: 1
Features: Disposal, Range, Refrigerator
Units Total: 1

Unit Type 4 Information
Area: 648
Baths Total: 1
Beds Total: 1
Units Total: 1

Unit Type 5 Information
Actual Rent: $1,275
Area: 648
Baths Total: 1
Beds Total: 1
Features: Disposal, Range, Refrigerator
Units Total: 1

Unit Type 6 Information
Actual Rent: $1,350
Area: 648
Baths Total: 1
Beds Total: 1
Features: Disposal, Range, Refrigerator
Units Total: 1

Unit Type 7 Information
Actual Rent: $1,575
Area: 1,036
Baths Total: 2
Beds Total: 2
Features: Dishwasher, Disposal, Range, Washer/Dryer Hookup
Units Total: 1

Unit Type 8 Information
Actual Rent: $1,750
Area: 1,036
Baths Total: 2
Beds Total: 2
Features: Dishwasher, Disposal, Range, Washer/Dryer Hookup
Units Total: 1

Unit Type 9 Information
Actual Rent: $1,720
Area: 1,036
Baths Total: 2
Beds Total: 1
Features: Dishwasher, Disposal, Range, Washer/Dryer Hookup
Units Total: 1

Unit Type 10 Information
Actual Rent: $1,750
Area: 1,036
Baths Total: 2
Beds Total: 2
Features: Dishwasher, Disposal, Range, Washer/Dryer Hookup
Units Total: 1

Exterior

Exterior Features
Roof: Composition
Exterior Description: Lap Siding
Unreinforced Masonry Bldg: No

Lot Information
Lot Size Range: 20,000 SqFt to .99 Acres
Lot Size: 20,000 SqFt to .99 Acres
Lot Features: Gentle Sloping, Private Road
Parcel Number: R328632
Road Surface Type: Paved

Property Information
Property Type: Multi Family
Property Attached YN: No
Property Condition: Restored
Security Features: None
View YN: No

Building Information
Year Built: 1967
Building Area Total: 5,647

Financial

Tax Information
Tax Legal Description: SECTION 16 1S 1E, TL 10500 0.55 ACRES
Tax Annual Amount: $24,684.19

Rent Information
Rent Includes: Gas, Trash Collection, Water

Lease / Rent Information
CAP Rate: 2.43
Gross Rent Multiplier: 11.79

Utilities

Utility Information
Green Certification YN: No
Fuel Description: Electricity
Water Source: Public Water
Sewer: Public Sewer

Heating & Cooling
Heating YN: Yes
Heating: Baseboard, Wall Heater
Cooling YN: No

Location

School Information
Elementary School: Rieke
Middle Or Junior School: Robert Gray
High School: Ida B Wells

Location Information
Directions: capitol hwy to sunset blvd to sw dewitt
Unparsed Address: 1508 SW DEWITT ST, Portland, OR 97239

Community Information
Community Features: All Landscaping, Commons, Laundry
Zoning: r2d

Public facts

Beds: —
Baths: —
Sq. Ft.: —
Stories: —
Lot Size: —
Style: Multi-Family (5+ Unit)
Year Built: —
Year Renovated: —
County: Multnomah County
APN: —

Home facts updated by county records on Jul 24, 2024

Other

Listing Information
MlsStatus: Sold

Listing Price Information
Price Type: List Price

Around this home

Schools

Rieke Elementary School

Public K-5 • Assigned • 0.2mi

10/10

Gray Middle School

Public 6-8 • Assigned • 0.4mi

8/10

Ida B. Wells-Barnett High School

Public 9-12 • Assigned • 0.2mi

8/10

Provided by GreatSchools

Lifestyle

Provided by Walk Score and Local Logic

Climate risks

1/10 Flood Factor

Minimal risk of a flood reaching the building in the next 30 years

1/10 Fire Factor

Unlikely to be in a wildfire in next 30 years

2/10 Heat Factor

7 days above 91° expected this year, 14 days in 30 years

1/10 Wind Factor

Minimal risk of severe winds over next 30 years

10/10 Air Factor

19 unhealthy days expected this year, 20 days in 30 years

Provided by First Street

Historical weather

Portland, OR • 97239

Average low and high temperatures (°F)

Jan

Feb

Mar

Apr

May

Jun

Jul

Aug

Sep

Oct

Nov

Dec

Sun exposure

In this area, properties receive around 9.6 hours in June and 2 hours in December, placing it below the U.S. average for solar exposure.

9.6 hrs

2 hrs

JuneDecember

Provided by Shadowmap

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Home values near 1508 SW Dewitt St

Data from public records.

Address	Redfin Estimate
1411 Southwest Dewitt St, Portland, OR 6 Beds \| 3 Baths \| 2854 Sq. Ft.	—
1428 Southwest Pendleton St, Portland, OR 3 Beds \| 2 Baths \| 2284 Sq. Ft.	$890,107

Address	Redfin Estimate
1411 Southwest Dewitt St, Portland, OR 6 Beds \| 3 Baths \| 3364 Sq. Ft.	$926,953
1243 Southwest Cheltenham St, Portland, OR 5 Beds \| 3 Baths \| 3098 Sq. Ft.	$823,262

Address	Redfin Estimate
1235 Southwest Cheltenham St, Portland, OR 3 Beds \| 1 Baths \| 1842 Sq. Ft.	$559,789
1225 Southwest Cheltenham St, Portland, OR 2 Beds \| 1 Baths \| 891 Sq. Ft.	$479,312

Property information provided by RMLS when last listed in 2025. This data may not match . Learn more.

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