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
Listing Provided Courtesy of Jordan Fezler, Apex Residential
General Information
520360821
28
DOM
1
8712 SqFt
2
8952
1911
CM2
Multnomah
R233406
Glencoe 8/10
Mt Tabor 4/10
Franklin
MultiFamily
PARADISE SPR TR, BLOCK 4, INC VAC ST LOT 4
Listing Provided Courtesy of Jordan Fezler, Apex Residential
Krishna Realty data last checked: Jul 22, 2025 00:49 | Listing last modified Jul 21, 2025 14:19,
Source:
Download our Mobile app
Residence Information
8952
1
2
Metal
Assigned
3
1911
No
Asbestos
FullBasement
FullBasement
ConcretePerimeter
Features and Utilities
None
Gas
WallFurnace
PublicSewer
Gas
Electricity, Gas
Financial
15441.87
MaintenanceGrounds,Sewer,TrashCollection,Water
Cash,Conventional
06-23-2025
No
No
Comparable Information
28
29
Cash,Conventional
$1,775,000
$1,749,000
Jul 21, 2025 14:19
Schools
public Elementary : Glencoe
8/10Ratingspublic Middle : Mt Tabor
4/10Ratings High : FranklinN/ARatings
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
