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4435 SE Belmont St

Portland, OR 97215
  • $1,650,000
  • STATUS: Active
  • ON SITE: 162 Days
  • MLS #: 520360821
$1,650,000
  • 0
    BEDS
  • 0.2
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 8,952
    SQFT
  • $184
    $/SQFT
Neighborhood:
Type:
Multi-Family
Built:
1911
County:

School Information

Elementary School:
Middle School:
High School:

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

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Listing content is copyright © 2025 RMLS™, Portland, Oregon. The content relating to real estate for sale on this web site comes in part from the IDX program of the RMLS™ of Portland, Oregon. Real estate listings held by brokerage firms other than Central Oregon Home Pros | KW are marked with the RMLS™ logo, and detailed information about these properties includes the names of the listing brokers. Data last updated 2025-12-06T04:06:26.49.Data deemed reliable but not guaranteed. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available. IDX information is provided exclusively for consumers’ personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All information provided is deemed reliable but is not guaranteed accurate by RMLS™ or Central Oregon Home Pros | KW and should be independently verified.
www.buysellcentraloregon.com/homes/165315582
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4435 SE Belmont St Portland, OR 97215

  • Price: $1,650,000
  • Status: Active
  • On Site: 162 Days
  • MLS #: 520360821
0
Beds
0
Baths
0
½ Baths
0.2
Acres
8,952
SQFT
$184
$/SQFT
1911
Built
Neighborhood:
Sunnyside / Belmont
County:
Multnomah
Area:
143-Portland Southeast
Elementary School:
Glencoe
Middle School:
Mt Tabor
High School:
Franklin
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
Exterior Features

Attached Garage YN No Exterior Description Asbestos Foundation Details Concrete Perimeter Lot Features Corner Lot Level Parking Features Assigned Parking Total 6 Road Surface Type Paved Roof Metal View YN No

Interior Features

Basement Full Basement Cooling None Cooling YN No Heating Wall Furnace Heating YN Yes

Property Features

Bank Owned YN No Fuel Description Electricity Gas Green Certification YN No Gross Income 176931 Hot Water Description Gas IDXAddress Display YN Yes Listing Terms Cash Conventional Net Operating Income 106544 Operating Expense 70387 Property Attached YN No Property Condition Updated Remodeled Rent Includes Maintenance Grounds Sewer Trash Collection Water Security Features Fire Escape Sewer Public Sewer Short Sale YN No Storage Basement Tax Annual Amount 15441.87 Tax Year 2024 Water Source Public Water Zoning CM2

Listing provided courtesy of Apex Residential: .


Listing content is copyright © 2025 RMLS™, Portland, Oregon. The content relating to real estate for sale on this web site comes in part from the IDX program of the RMLS™ of Portland, Oregon. Real estate listings held by brokerage firms other than Central Oregon Home Pros | KW are marked with the RMLS™ logo, and detailed information about these properties includes the names of the listing brokers. Data last updated 2025-12-06T04:06:26.49.Data deemed reliable but not guaranteed. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available. IDX information is provided exclusively for consumers’ personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All information provided is deemed reliable but is not guaranteed accurate by RMLS™ or Central Oregon Home Pros | KW and should be independently verified.
 
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