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3716 SE BELMONT ST

Portland, OR 97214
Square Ft.
2,172
Active
Multifamily
Virtual Tour
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$529,000
Unlock the endless possibilities of this remarkable duplex, from generating rental income to accessing potential for future development! Investment opportunity awaits, in the heart of the hip and vibrant Belmont District. NO HOA's! Legal duplex offering 2 comfortable 1 Bedroom 1 Bath units. (Projected CAP rate of 4.4 based on… Read MoreRead Less
Listing courtesy of John L. Scott Portland Central.
Listing Snapshot
Days Online
160
Last Updated
Square Ft.
2,172
Lot Size
0.08 Acres
Year Built
1903
MLS Number
24136929
30 Days Snapshot Of 97214
$
+1%
(avg) sold price
15
-11%
homes sold
41
-4%
(avg) days on market
Snapshot
Area Map
Additional Details
Property Access
Road Surface Type: Paved
Basement
Basement: ExteriorEntry, FullBasement, StorageSpace
Building
Building Area Total: 2172, Built in 1903, Storage: Basement, Stories: 2, Unit Type Type: UnitTypeType1, UnitTypeType2
Community
Community Features: Commons, Laundry
Cooling
Cooling: None
Expenses
Operating Expense Scheduled: 10000, Operating Expense: $10,000
Exterior Features
Exterior Description: Asbestos, CementSiding
Foundation
Foundation Details: ConcretePerimeter, Other
Heating
Heating Available, Heating: ForcedAir, WallFurnace
Income
CAP Rate: 4.57, Gross Income: $35,160, Gross Rent Multiplier: 15.05, Gross Scheduled Income: $35,160, Net Operating Income: $24,160, Net Scheduled Income: 35160
Lot
Features: Commons, Level, OnBusline, Size Acres: 0.08, Size Range: SqFt3000to4999, Size Square Feet: 3,484, Size: 3,000 to 4,999 SqFt
Miscellaneous
Investor Information: AccordingToOwner
Parking
Features: OffStreet, OnStreet
Property
Number Of Units Total: 2, Property Condition: Existing, Zoning: RM2
Roof
Roof: Composition
Security Features
Features: None
Sewer
Sewer: PublicSewer
Taxes
Annual Amount: $5,391, Legal Description, Tax Year: 2023
Unit One
Area: 824, Features: HardwoodFloors, Range, Refrigerator, WindowCoverings, Units Total: 1, 1 total bathroom, 1 total bedroom
Unit Two
Actual Rent: $1,430, Area: 748, Features: HardwoodFloors, Range, Unfurnished, WindowCoverings, Units Total: 1, 1 total bathroom, 1 total bedroom
Utilities
Fuel Description: Gas, Hot Water Description: Gas, Water Source: PublicWater
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Erika George and Kari McGee
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Schools In The Area

Check out nearby schools with ratings and contact info.
Sunnyside Environmental School 503-916-6226 Public KG-8
Franklin High School 503-916-5140 Public 9-12
Sunnyside Environmental School 503-916-6226 Public KG-8
Sunnyside Environmental School 503-916-6226 Public KG-8
Sunnyside Environmental School 503-916-6226 Public KG-8
Franklin High School 503-916-5140 Public 9-12

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This content last updated on . Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.
This content last updated on . Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.