Well maintained 4plex in Hot Belmont location. Close to all the amenities that Belmont has to offer. Six blocks from Laurelhurst Park. One unit remodeled in 2019. Secure individual storage in the basement with outside access. Additional storage units available for potential additional income. Individual gas and electric. 3 of the 4 units have gas ranges. Radon test done & sewer line replaced in 2018. Virtual Tour Available.
Off market
$879,300
3051 SE Belmont St, Portland, OR 97214
4beds
4baths
3,298sqft
MultiFamily
Built in 1914
-- sqft lot
$879,300 Zestimate®
$267/sqft
$-- HOA
What's special
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 4
Heating
- Forced air, Electric
Cooling
- None
Appliances
- Included: Range / Oven, Refrigerator
Features
- Individual Storage Units
- Flooring: Hardwood
- Windows: Window Coverings
- Basement: Finished
Interior area
- Total interior livable area: 3,298 sqft
Property
Features
- Exterior features: Cement / Concrete
Lot
- Size: 5,787 sqft
- Features: Level, Near Public Transit
- Residential vegetation: Wooded
Details
- Parcel number: R280478
- Zoning: RM2
Construction
Type & style
- Home type: MultiFamily
Materials
- Roof: Composition
Condition
- Existing
- Year built: 1914
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Electricity Connected, Cable Connected
Community & neighborhood
Security
- Security features: Entry
Location
- Region: Portland
HOA & financial
Other financial information
- Total actual rent: 4735
Other
Other facts
- Flooring: Wood
- Sewer: Public Sewer
- WaterSource: Public
- FoundationDetails: Concrete Perimeter
- Heating: Forced Air
- RoadSurfaceType: Paved
- Appliances: Refrigerator, Electric Water Heater, Range
- HeatingYN: true
- Utilities: Electricity Connected, Cable Connected
- Basement: Full, Exterior Entry, Storage Space
- NumberOfUnitsTotal: 4
- LotFeatures: Level, Near Public Transit
- LeaseTerm: Month To Month
- ConstructionMaterials: Cement Siding
- FarmLandAreaUnits: Square Feet
- RentIncludes: Water, Sewer, Trash Collection
- Zoning: RM2
- WindowFeatures: Window Coverings
- Vegetation: Wooded
- CapRate: 4.60
- PropertyCondition: Existing
- TotalActualRent: 4735
- MlsStatus: Active
- SecurityFeatures: Entry
- InteriorFeatures: Individual Storage Units
- CoListAgentEmail: rayce@marcrogersinc.com
- CoListAgentFullName: Rayce Rogers
- GrossIncome: 56820
- GrossScheduledIncome: 62445
- NetOperatingIncome: 36096
- OperatingExpense: 20195
- TaxAnnualAmount: 7252.97
- Road surface type: Paved
Services availability

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Estimated market value
$879,300