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4435 SE Belmont St #2b1fva60q, Portland, OR, 97215

11beds
12baths
8,952sqft
$1,650,000
$184price/sqft
$10,910/moest. monthly cost
$436,400/yrincome needed

About This Home

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

Getting Around

88
WalkingVery Walkable
52
TransitGood Transit
99
BikeBiker's Paradise

Schools

9/10
10/10
Mt Tabor Middle SchoolGrades 6-80.7 mi
6/10
Franklin High SchoolGrades 9-121.1 mi

Construction

Condition

  • Property condition: Updated/Remodeled
  • Year built: 1911

Materials

  • Foundation: Concrete Perimeter
  • Roof: Metal
  • Construction materials: Asbestos

Type & Style

  • Home type: MultiFamily
  • Property subType: Multi Family

Interior

Appliances

  • Appliances included: Refrigerator,Gas Water Heater

Basement

  • Has basement: Yes
  • Basement: Full,Storage Space

Bedrooms & Bathrooms

  • Bedrooms: 11
  • Bathrooms: 12
  • Full bathrooms: 12

Features

  • Flooring: Hardwood

Heating & Cooling

  • Heating features: Wall Furnace
  • Cooling features: None

Interior Area

  • Total structure area: 8,952
  • Total interior livable area: 8,952 sqft

Property

Details

  • Parcel number: R233406
  • Zoning: CM2

Features

  • Stories: 3

Lot

  • Lot size: 8,712 sqft
  • Features: Corner Lot,Level,SqFt 7000 to 9999

Parking

  • Total spaces: 6
  • Parking features: Assigned