About 432 Ne Dekum St
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.
Features of 432 Ne Dekum St
| MLS® # | 23022376 |
|---|---|
| Price | $900,000 |
| Units | 3 |
| Square Footage | 3,250 |
| Year Built | 1910 |
| Type | Multi Family |
| Status | Active |
Community Information
| Address | 432 Ne Dekum St |
|---|---|
| Area | 142 - Portland Northeast |
| Subdivision | WOODLAWN/DEKUM |
| City | Portland |
| County | Multnomah |
| State | OR |
| Zip Code | 97211 |
Interior
| Heating | Forced Air |
|---|---|
| Fireplace | No |
| # of Stories | 3 |
| Has Basement | Yes |
| Basement | Full Basement, Storage Space, Unfinished |
Exterior
| Exterior | Lap Siding, Shingle Siding, Wood Siding |
|---|---|
| Lot Description | Corner Lot, Level |
| Roof | Composition |
| Foundation | Block |
School Information
| Elementary | Woodlawn |
|---|---|
| Middle | Ockley Green |
| High | Jefferson |
Additional Information
| Date Listed | October 10th, 2023 |
|---|---|
| Days on Market | 206 |
| Zoning | CM2 |
| Short Sale | No |
| RE / Bank Owned | No |
| Cap Rate | 6.23 |
Unit 1 Details
| Beds | 1 |
|---|---|
| Baths | 1 |
| Rent | $1,550 |
| Features | HardwoodFloors, Range, Refrigerator |
Unit 2 Details
| Beds | 2 |
|---|---|
| Baths | 1 |
| Rent | $2,650 |
| Features | Dishwasher, HardwoodFloors, Range, Refrigerator |
Unit 3 Details
| Baths | 1 |
|---|---|
| Rent | $1,165 |
Listing Details
| Office | John L. Scott NE Portland |
|---|---|
| Contact Info | neportland@johnlscott.com |