4435 SE Belmont St - Apartments FOR SALE


Portland, OR 97215- Sunnyside
$1,775,000 USD
503-313-8149
4435 SE Belmont St, Portland, OR for Sale
$1,775,000 USD
Apartments - FOR SALE
1/15
null | 6% Cap Rate

4435 SE Belmont St
Portland, OR 97215
Sunnyside


OVERVIEW

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. With limited inventory in this core submarket, this offering is well-positioned for both long-term hold or repositioning strategies.

FOR SALE DETAILS

PRICE

$1,775,000 USD

PRICE/SF

$198 USD /SF

# OF UNITS

12

PRICE/UNIT

$147,917

CAP RATE

6%

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

3

YEAR BUILT

1911

PARKING SPACES

6

LAND DETAILS

LAND ACRES

0.14 AC

LAND SF

5,998 SF

ZONING

CM2

APN/PARCEL ID

R233406

ASK ABOUT THIS PROPERTY

Jordan FezlerApex Real Estate PartnersMore Info
503-313-8149

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Jordan FezlerApex Real Estate PartnersMore Info
503-313-8149

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.