4435 SE BELMONT ST, Portland, OR 97215
SUNNYSIDE / BELMONT · Multnomah County
Key Facts
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
Property Information
Property Type
Residential Income
Sub-Type
Multi Family
Year Built
1911
Stories
3
Living Area
8,952 sq ft
Lot Size
0.20 acres
Parking Spaces
6
Zoning
CM2
Days on Market
91
MLS® Listing#
520360821
Property Features
Appliances
Cooling
Heating
Basement
Parking
Lot Features
Construction
Foundation
Roof
Security
Sewer
Water Source
Schools
- Elementary:
- Glencoe
- Middle:
- Mt Tabor
- High:
- Franklin
Financial Details
Annual Taxes
$15,442
Tax year 2024
Parcel Number
R233406
Directions
45th & Belmont
Affordability Calculator
$330,000
Estimated monthly payment
$8,782/mo
Principal $1,320,000 · Est. interest $1,841,517 over 30 yrs
Neighborhood Market Statistics
How this home compares to active listings in Portland, OR
- $507,009
- Median Listing Price
- 170
- Median Days on Market
- 1,572
- Median Sq Ft
- $327
- Median Price / Sq Ft
- 2,279
- Active Listings
- This home’s price is 225% above the area median.
- Its price per sq ft is 44% below the area median.
Market statistics compiled from active EXIT Realty® and MLS listings in Portland, OR.
Location
Points of Interest in Portland, OR
Showing the Portland area map.
Nearby Schools
School for Self & Energy Awareness
School · 0.1 mi away
Glencoe Elementary School
Elementary · 0.2 mi away
The Portland Montessori School
Elementary · 0.5 mi away
Central Christian Church
School · 0.6 mi away
Sunnyside Mennonite Montessori School
Elementary · 0.6 mi away
Mt. Tabor Middle School
Secondary · 0.7 mi away
Richmond Elementary School
Elementary · 0.7 mi away
All Saints School
School · 0.8 mi away
Laurelhurst Elementary School
Elementary · 0.9 mi away
Atkinson Elementary School
Elementary · 1.0 mi away
Pacific Crest Community School
Secondary · 1.1 mi away
Franklin High School
Secondary · 1.1 mi away
Song Garden School
School · 1.1 mi away
Sweet Day Community School
School · 1.2 mi away
Central Catholic High School
Secondary · 1.2 mi away
Small Wonders School
School · 1.2 mi away
Hosford Middle School
Secondary · 1.2 mi away
St Ignatius School
Secondary · 1.2 mi away
Davinci Arts Middle School
Secondary · 1.3 mi away
Woodward Montessori
Elementary · 1.3 mi away
Commute Calculator
Nearby Homes
Similar Homes Nearby
Similar Home Values
Comparable nearby listings and their asking prices.
| Address | Price | Beds | Baths | Sq Ft |
|---|---|---|---|---|
| 11476 NW Kenzie LN, Portland, OR | $1,168,998 | 4 | 3 | 2,843 |
| 2451 SE SALMON ST, Portland, OR | $1,170,000 | 4 | 3 | 4,050 |
| 2451 SE SALMON ST, Portland, OR | $1,170,000 | 4 | 3 | 4,050 |
| 550 SW 10TH AVE 2202, Portland, OR | $1,175,000 | 2 | 3 | 1,665 |
| 2150 NW 113th AVE LOT 2, Portland, OR | $1,179,999 | 5 | 4 | 3,253 |
| 1150 NW QUIMBY ST 1802, Portland, OR | $1,180,000 | 2 | 3 | 1,603 |
Moving Cost Estimate
EXIT Agents in Portland
Listing Courtesy: Apex Residential - 5035952840
Presented by: Jordan Fezler
Last Updated: 2025-06-23