4738 Southeast Belmont Street

Portland, OR 97215

$4,999,800
Price
Beds
9,690 Sq. Ft.
$516 / Sq. Ft.
9,690
Sq. Ft.
$516
per Sq. Ft.

Description

Exquisite modern, new construction 20-unit apt complex from a quality local builder with a mix of studio + 1 bed units including a generous 1,124 sf Retail Space that presents a perfect canvas that can be tailored to suit a wide range of ventures. Expertly crafted featuring expansive ceilings + open concept floor plan bringing an abundance of natural light with designer finishes + colors! Sleek custom cabinetry, desirable SS appliances + in-unit W/D + bike rack round out a few quality amenities....Exquisite modern, new construction 20-unit apt complex from a quality local builder with a mix of studio + 1 bed units including a generous 1,124 sf Retail Space that presents a perfect canvas that can be tailored to suit a wide range of ventures. Expertly crafted featuring expansive ceilings + open concept floor plan bringing an abundance of natural light with designer finishes + colors! Sleek custom cabinetry, desirable SS appliances + in-unit W/D + bike rack round out a few quality amenities. With remarkable proximity, in the heart of Belmont and just 0.6 miles to iconic Laurelhurst Park and blocks to Hawthornes vibrant shops + restaurants!
  1. Listed by Darryl Bodle • Keller Williams Realty Portland Premiere
  2. Listed by Kelly Christian • Keller Williams Realty Portland Premiere

Property Details for 4738 Southeast Belmont Street

Subdivision
BELMONT
Parking Features
None
Zoning
CM1
View
Trees Woods

Location

Listing Courtesy of Keller Williams Realty Portland Premiere
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LISTING UPDATED: 01/12/2024 11:30 AM

Property Details for 4738 Southeast Belmont Street

StatusActive
MLS #23022381
Days on Market290
Taxes$5,749 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeMulti Family
Year Built2023
Lot Size-
CountyMultnomah County

Location

Listing Courtesy of Keller Williams Realty Portland Premiere
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Building Information for 4738 Southeast Belmont Street

Stories3Residences20Year Built2023Building Size-Lot Size-

Payment Calculator

$27,765 per month

30 year fixed, 7.25% Interest

Principal and Interest

$27,286

Property Taxes

$479

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 4738 Southeast Belmont Street

Summary
Location and General Information
  • Country: US
  • Directions: SE Belmont St, Between SE 47th Ave and SE 48th Ave on South Side
  • Road Surface: Paved
School Information
  • Elementary School: Glencoe
  • High School: Franklin
  • Middle Or Junior School: Mt Tabor
Parking
  • Attached Garage: No
Taxes and HOA
  • FIRPTA: No
  • Tax Year: 2022
  • Tax Deferral: No
  • Tax Annual Amount: $5,748.50
  • Parcel Number: R233459
  • Tax Legal Description: PARADISE SPR TR, BLOCK 9, E 75' OF LOT 1&2 EXC PT IN ST
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Property
Lot Information
  • Lot Description: Corner Lot
  • Lot Size Range: Sq Ft5000to6999
  • Lot Size: 5,000 to 6,999 Sq Ft
Property and Assessments
  • Property Type: Multi Family
  • Water Description: Public Water
  • Property Condition: New Construction
  • Year Built: 2023
  • Property Attached: No
Utilities
  • Cooling Description: Heat Pump
  • Fuel Description: Electricity
  • Heating Description: Heat Pump
  • Hot Water Description: Electricity
  • Sewer Description: Public Sewer
  • Rent Includes: None
Green Features
  • Green Certification: No
Interior and Exterior Features
Exterior Features
  • Exterior Description: Brick, Cedar, Cement Siding, Metal Siding
  • Roof Type: Flat
Interior Features
  • Basement: None
  • Foundation Details: Slab
  • View Y/N: Yes
  • Stories: 3
  • Cooling: Yes
  • Heating: Yes
Amenities
Amenities Information
  • Internet Service Type: Cable
  • Amenities Remarks Public: Interior photos are of similar plan by same builder, finishes may differ.
Multi Family
Multi-Family Information
  • Number Of Units Total: 20
  • Gross Income Actual: $347,280.00
  • Gross Income Projected: $347,280.00
  • Gross Rent Multiplier: $14.40
  • Net Income Actual: $279,258.00
  • Net Income Projected: 279258
  • Operating Expenses Projected: $68,022.00
  • Operating Expense: $68,022.00
  • Unit Type Type: Unit Type Type1, Unit Type Type2, Unit Type Type3
  • Common Amenities: Commons
  • SqFt Approximate Building Total: 9690
Unit 1 Information
  • Unit Type 1 Baths Total: 1
  • Unit Type 1 Beds Total: 1
  • Unit Type 1 Features: Air Conditioning, Dishwasher, Microwave, Washer Dryer Hookup
  • Unit Type 1 Rent: $1,505
  • Unit Type 1 SqFt: 530.0
  • Unit Type 1 Units Total: 4
Unit 2 Information
  • Unit Type 2 Baths Total: 1
  • Unit Type 2 Beds Total: 0
  • Unit Type 2 Features: Air Conditioning, Dishwasher, Washer Dryer Hookup
  • Unit Type 2 Rent: $1,328
  • Unit Type 2 SqFt: 430.0
  • Unit Type 2 Units Total: 15
Unit 3 Information
  • Unit Type 3 Baths Total: 0
  • Unit Type 3 Beds Total: 0
  • Unit Type 3 Features: Air Conditioning, Dishwasher, Microwave, Washer Dryer Hookup
  • Unit Type 3 Rent: $3,000
  • Unit Type 3 SqFt: 1124.0
  • Unit Type 3 Units Total: 1

Property History for 4738 Southeast Belmont Street

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 4738 Southeast Belmont Street

Taxable ValueLand-Additions-Total-
Tax Record2023$14,087 ($1,174 / month)
Home Facts
Baths1Total Finished SqFt11,473 SqFtAbove Grade Finished SqFt11,473 SqFtUnfinished Basement SqFt820 SqFtStories1Lot Size5,273 SqFtStyleMulti-Family Res (5+ Units)Year Built2023ZoningC2CountyMULTNOMAHAPN1S2E06BA 12100Fireplace TypeHas Fireplace

Schools near 4738 Southeast Belmont Street

This home is within Portland School District 1j.
Rating
School
Type
Grades
Distance
Public - K to 5
Public - 6 to 8
Public - 9 to 12
Public - PK to 5
Rating
School
Distance
Glencoe Elementary School
PublicK to 5

Mt Tabor Middle School
Public6 to 8

Franklin High School
Public9 to 12

Richmond Elementary School
PublicPK to 5

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Similar Homes

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4738 Southeast Belmont Street is a multi-family home for sale in Portland, OR 97215. This property was listed for sale on July 13, 2023 by Keller Williams Realty Portland Premiere, it's currently listed at $4,999,800. It has been on the market for a total of 290 days and was last sold on June 27, 2019. This listing's school district is Portland School District 1j. Nearby schools include Glencoe Elementary School, Mt Tabor Middle School and Franklin High School. 4738 Southeast Belmont Street is a 0-bed, 0-bath, 9,690 sqft multi-family home built in 2023.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Keller Williams Realty Portland Premiere

All information provided is deemed reliable but is not guaranteed and should be independently verified. The content relating to real estate for sale on this web site comes in part from the IDX program of the RMLS of Portland Oregon. Real estate listings held by brokerage firms other than Compass are marked with the RMLS logo and detailed information about these properties includes the names of the listing brokers. Copyright © 2024 RMLS, Portland, Oregon. Last updated: 01/12/2024 11:30 AM