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4435 SE BELMONT ST

Portland, OR 97215
Square Ft.
8,952
Active
Multifamily
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$1,650,000
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… Read MoreRead Less
Listing courtesy of Apex Residential.
Listing Snapshot
Days Online
303
Last Updated
Square Ft.
8,952
Lot Size
0.2 Acres
Year Built
1911
MLS Number
520360821
30 Days Snapshot Of 97215
$608k
-7%
(avg) sold price
20
+53%
homes sold
36
-34%
(avg) days on market
Snapshot
Area Map
Additional Details
Property Access
Road Surface Type: Paved
Basement
Basement: FullBasement
Building
Building Area Total: 8952, Built in 1911, Storage: Basement, Stories: 3, Unit Type Type: UnitTypeType1, UnitTypeType2
Cooling
Cooling: None
Expenses
Operating Expense: $70,387
Exterior Features
Exterior Description: Asbestos
Foundation
Foundation Details: ConcretePerimeter
Heating
Heating: WallFurnace
Income
CAP Rate: 6.46, Gross Income: $176,931, Gross Rent Multiplier: 9.33, Net Operating Income: $106,544
Lot
Features: CornerLot, Level, Size Acres: 0.2, Size Range: SqFt7000to9999, Size Square Feet: 8,712, Size: 7,000 to 9,999 SqFt
Miscellaneous
Investor Information: AccordingToOwner, Leases, ProfitLossStatement
Parking
Features: Assigned, 6 total parking spots
Property
Number Of Units Total: 12, Property Condition: UpdatedRemodeled, Zoning: CM2
Roof
Roof: Metal
Security Features
Features: FireEscape
Sewer
Sewer: PublicSewer
Taxes
Annual Amount: $15,442, Legal Description, Tax Year: 2024
Unit One
Actual Rent: $1,178, Area: 475, Features: HardwoodFloors, Refrigerator, Unfurnished, Units Total: 11, 1 total bathroom, 1 total bedroom
Unit Two
Actual Rent: $1,155, Area: 400, Features: HardwoodFloors, Refrigerator, Unfurnished, Units Total: 1, 1 total bathroom
Utilities
Fuel Description: Electricity, Gas, Hot Water Description: Gas, Water Source: PublicWater
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Monthly Payment
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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.
Glencoe Elementary School 503-916-6207 Public KG-5
Mt Tabor Middle School 503-916-5646 Public 6-8
Franklin High School 503-916-5140 Public 9-12
Glencoe Elementary School 503-916-6207 Public KG-5
Glencoe Elementary School 503-916-6207 Public KG-5
Mt Tabor Middle School 503-916-5646 Public 6-8
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.