Modern Multifamily with Retail Space

4738 SE BELMONT St, Portland, OR 97215

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For Sale

$4,799,900

MULTI_FAMILY - Portland, OR

Property size:

9,690 SF

Lot size:

0.12 Acres

Price / SF:

$495/SF

HighLights

Modern 20‑unit apartment complex built in 2023
Unit mix includes studio and 1‑bedroom apartments
Includes 1,124 SF retail space
Heat pump heating and cooling
Flat roof
In‑unit washer/dryer and bike rack included

We can help!

Listing Contact

Darryl Bodle

For Sale

$4,799,900

MULTI_FAMILY - Portland, OR

Property size:

9,690 SF

Lot size:

0.12 Acres

Price / SF:

$495/SF

Added:: Jul 13, 2023
Days on Market:: 1071
Last Refresh:: Jun 17 at 5:06 am

Property Features for 4738 SE BELMONT St

General Information

Property type: Residential Multi Family
Property subtype: Other
Zoning: CM1
Bedrooms: 1
Bathrooms: 2
Rooms: Bathroom 2, Bathroom 1, Bedroom 1
Standard status: Active
APN: R233459
Size: 9,690 SF
Lot size: 0.12 Acres

Taxes and HOA fees

Tax Description: PARADISE SPR TR, BLOCK 9, E 75' OF LOT 1&2 EXC PT IN ST
Tax Annual Amount: 46665

Utilities

Heating system: Heat Pump (Heating)
Cooling system: Heat Pump

Building Details

Year built: 2023
Floors in Building: 3
Number of units: 20
Roof type: Flat

We can help!

Listing Contact

Darryl Bodle

Listing agent Darryl Bodle License #199910100

Listing office Keller Williams Realty Portland Premiere 7504 SW Bridgeport Rd, Portland, OR

Listing date Jul 13, 2023

MLS# 23022381 Listing URL

Copyright © 2026 Regional Multiple Listing Services. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

HighLights

Modern 20‑unit apartment complex built in 2023
Unit mix includes studio and 1‑bedroom apartments
Includes 1,124 SF retail space
Heat pump heating and cooling
Flat roof
In‑unit washer/dryer and bike rack included

Overview

This modern, newly constructed 20-unit apartment complex is built with a mix of studio and 1-bedroom units, designed around an open concept layout with expansive ceilings intended to bring in natural light. Units include designer finishes and custom cabinetry, plus stainless steel appliances, in-unit washer/dryer, and a bike rack. The property also includes a 1,124 SF retail space that can be tailored to fit a range of tenant concepts.

Located in Portland with the address at 4738 SE Belmont St, the project is described as being in the heart of Belmont. Public remarks note it is approximately 0.6 miles to Laurelhurst Park and within blocks of Hawthorne’s shops and restaurants, supporting convenient day-to-day access for residents and retail customers.

For renters or operators, the combination of apartment living and on-site retail provides a built-in mix of residential and street-facing use within a single CM1-zoned property. The inclusion of in-unit laundry and stainless appliances adds practical unit amenities, while the dedicated retail footprint offers space for an accompanying commercial tenant to serve the surrounding area.

Property Profile Location Intelligence

Current Use by Public Records

Joanna's Lofts Apartment Building Alita Films Film Production

Suggested Use

Location Insight

Map
Local Demand

City: Portland
County: Washington
State: Oregon
Longitude: -122.613718
Latitude: 45.516386

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For sale
Apartment buildings
OR
Portland
97215
4738 SE BELMONT St

What type of property is this?

Apartment building - 20-unit apartment building with studios and 1-bed units plus an included 1,124 SF retail space under CM1 zoning.

Where is this apartment building located?

The property is located at 4738 SE BELMONT St Portland, OR.

What is the asking price?

The asking price for this property is $4,799,900.

What are key features of this property?

This property features: Modern 20‑unit apartment complex built in 2023; Unit mix includes studio and 1‑bedroom apartments; Includes 1,124 SF retail space

4738 SE BELMONT St, Portland, OR 97215

MULTI_FAMILY - Portland, OR

Property Features for 4738 SE BELMONT St

General Information

Taxes and HOA fees

Utilities

Building Details

We can help!

HighLights

Overview

Current Use by Public Records

Suggested Use

Location Insight

Nearby Similar for Sale

Six-Unit Apartment Community

Single-Level Fourplex with Garages

Detached Cottage Multifamily Portfolio

Modern 4-Unit Residential Property

New Construction Cottage Portfolio

New Multifamily Investment by Park

Versatile Commercial Property with Warehouse

1907 Duplex with Separate Entrances

Mixed-Use Development Fixer

Rose City Park Multifamily Investment

New Cottage Homes in Beaumont-Wilshire

Four-Unit Residential Income Property

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