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!
Sold
$1,450,000
1508 SW Dewitt St, Portland, OR 97239
16beds
5,647sqft
Multi Family
Built in 1967
-- sqft lot
$1,449,600 Zestimate®
$257/sqft
$-- Estimated rent
Home value
$1,449,600
$1.38M - $1.52M
Not available
Zestimate® history
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What's special
Zillow last checked: 8 hours ago
Listing updated: December 08, 2025 at 05:12am
Listed by:
Janelle Angel-Ramirez 503-839-8834,
Premiere Property Group, LLC,
Greg Whistler 503-936-3495,
Premiere Property Group, LLC
Bought with:
OR and WA Non Rmls, NA
Non Rmls Broker
Source: RMLS (OR),MLS#: 591480080
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 & neighborhood
Security
- Security features: None
Community
- Community features: All Landscaping, Commons, Laundry
Location
- Region: Portland
- Subdivision: Dewitt Apartments
HOA & financial
Other financial information
- Total actual rent: 14823
Other
Other facts
- Listing terms: Cash,Conventional
- Road surface type: Paved
Price history
| Date | Event | Price |
|---|---|---|
| 12/5/2025 | Sold | $1,450,000-19.4%$257/sqft |
Source:  RMLS (OR) #591480080 | ||
| 7/1/2025 | Pending sale | $1,800,000$319/sqft |
Source: RMLS (OR) #591480080 | ||
| 6/29/2025 | Listed for sale | $1,800,000$319/sqft |
Source: RMLS (OR) #591480080 | ||
| 5/19/2025 | Pending sale | $1,800,000$319/sqft |
Source: RMLS (OR) #591480080 | ||
| 5/15/2025 | Price change | $1,800,000-10%$319/sqft |
Source: RMLS (OR) #591480080 | ||
Public tax history
Tax history is unavailable.
Neighborhood: Hillsdale
Nearby schools
GreatSchools rating
- 10/10Rieke Elementary SchoolGrades: K-5Distance: 0.2 mi
- 6/10Gray Middle SchoolGrades: 6-8Distance: 0.5 mi
- 8/10Ida B. Wells-Barnett High SchoolGrades: 9-12Distance: 0.2 mi
Schools provided by the listing agent
- Elementary: Rieke
- Middle: Robert Gray
- High: Ida B Wells
Source: RMLS (OR). This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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Estimated market value
$1,449,600
Get a cash offer in 3 minutes
Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
Estimated market value
$1,449,600