4435 SE BELMONT ST Portland, OR $ 1,650,000
4435 SE BELMONT ST
$ 1,650,000
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4435 SE BELMONT ST

Portland, OR, 97215
$ 1,650,000
Bedrooms1 Baths2.0 Sq 8,952

Monthly Estimate*

$ 10,294

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Multi-Family Home for sale in Portland, OR

for $1,650,000 with 1 bedroom and 2 full baths. This 8,952 square foot home was built in 1911 on a lot size of 0.2.

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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Multi-Family Active

Price

$ 1,650,000

Bedrooms

1

Full Bath

2

Property Type

Multi-Family

Taxes

$ 15,441

Style

Lot Size

0.2

Year Built

1911

Town/City

Portland

County/Region

Multnomah

MLS | Web ID

520360821

Features
General
Sewer PublicSewer
Heating WallFurnace
Cooling None
Roof Metal
Zoning CM2
Security Features FireEscape
Year Built 1911
Stories Count 3
Tax Year 2024
Parcel Number R233406
Gross Income 176931.0
County Multnomah
Net Operating Income 106544.0
Operating Expense 70387.0
Property Type MultiFamily
HOA N
Subdivision Name SUNNYSIDE / BELMONT
Rent Includes MaintenanceGrounds Sewer TrashCollection Water
Status Active
Directions 45th & Belmont
High School Franklin
City Portland
Number Of Units Total 12
MLS Area _143
Lot Size Square Feet 8712.0
Listing Terms Cash Conventional
Elementary School Glencoe
Tax Annual Amount 15441.87
Middle/Junior High School Mt Tabor
Property Condition UpdatedRemodeled
Standard Status Active
Accessory Dwelling Unit Y/N N
Legal Description PARADISE SPR TR BLOCK 4 INC VAC ST LOT 4
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Interior
Basement FullBasement
Storage Basement
Hot Water Gas
Unit 1 Baths Total 1
Unit 1 Beds Total 1
Unit 2 Baths Total 1
Unit 2 Beds Total 0
Unit Type UnitTypeType1 UnitTypeType2
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Exterior
Parking Features Assigned
Lot Features CornerLot Level
Water Source PublicWater
Total Parking 6.0
Exterior Description Asbestos
Foundation Details ConcretePerimeter
Building Area Total 8952.0
Lot Size Acres 0.2
Road Surface Type Paved
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Internal Only
Street Number 1 4435
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* Excluded Features
List By
Apex Residential

Broker

jordan@apexcre.com

Email

Affordability Calculator

$11,581
Per Month
89%
11%
0%
Monthly Principal & Interest
$10,294
Monthly Property Taxes
$1,287
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
1951009 Elementary School
1948940 Middle School
Franklin High School High School
Pricing History
DatePricePrice ChangeDescription
9/22/2025$1,650,000 -2.65% Price Down
9/3/2025$1,695,000 -1.74% Price Down
8/12/2025$1,725,000 -1.37% Price Down
7/21/2025$1,749,000 -1.46% Price Down
6/26/2025$1,775,000 Listed Price

Map


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4435 SE BELMONT ST, Portland, OR, 97215 is a Multi-Family Home for sale at $1,650,000 with 8,952 sqft and a lot size of 0.2. 4435 SE BELMONT ST has 1 bedrooms, 2.0 baths, and was built in 1911. The property's zip code is 97215 which is in Portland, OR