Portland, OR 97215,4435 SE BELMONT ST
Portland, OR 97215,4435 SE BELMONT ST
Portland, OR 97215,4435 SE BELMONT ST
Portland, OR 97215,4435 SE BELMONT ST
Portland, OR 97215,4435 SE BELMONT ST
Portland, OR 97215,4435 SE BELMONT ST
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Listed by Apex Residential
$ 1,775,000
Est. payment | /mo

8,952 SqFt


Save
$ 1,775,000
Est. payment | /mo
Save

8,952 SqFt

Key Details

Property Type Multi-Family

Listing Status Active

Purchase Type For Sale

Square Footage 8,952 sqft

Price per Sqft $198

Subdivision Sunnyside / Belmont

MLS Listing ID 520360821

Year Built 1911

Annual Tax Amount $15,441

Tax Year 2024

Lot Size 8,712 Sqft

Property Description

4435 SE Belmont presents a rare chance to acquire a 12-unit multifamily asset in the high-demand Sunnyside neighborhood of southeast Portland. Located along the thriving Belmont retail corridor, the property benefits from walkable amenities, excellent transit access, and consistent tenant demand. The unit mix and property condition support stable cash flow with potential for rent growth through light value-add improvements. The property includes many updated units, new exterior paint, a new 70 year metal roof, and a dedicated parking lot. Each unit has separate gas and electric meters. With limited inventory in this core submarket, this offering is well positioned for both long-term hold or repositioning strategies

Location

State OR

County Multnomah

Area _143

Zoning CM2

Rooms

Basement Full Basement

Interior

Heating Wall Furnace

Cooling None

Exterior

Roof Type Metal

Garage No

Building

Lot Description Corner Lot, Level

Story 3

Foundation Concrete Perimeter

Sewer Public Sewer

Water Public Water

Level or Stories 3

Schools

Elementary Schools Glencoe

Middle Schools Mt Tabor

High Schools Franklin

Others

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Regional Multiple Listing Service (RMLS)