20-Unit Apartment
For Sale
$4,799,900
4738 SE BELMONT St, Portland, OR 97215
MULTI_FAMILY - Portland, OR
Property Size9,690 SF
Lot Size0.12 Acres
Price / SF$495.35
Days on Market1117
Property Features for 4738 SE BELMONT St
General Information
Property type
Residential Multi Family
Property subtype
Other
Zoning
CM1
Bedrooms
1
Bathrooms
2
Full bathrooms
2
Rooms
Bedroom 1, Bathroom 2, Bathroom 1
Subdivision
BELMONT
Elementary school
Glencoe
Middle school
Mt Tabor
High school
Franklin
Directions
SE Belmont St, Between SE 47th Ave and SE 48th Ave on South Side
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
Legal Description
PARADISE SPR TR, BLOCK 9, E 75' OF LOT 1&2 EXC PT IN ST
Utilities
Heating system
Heat Pump (Heating)
Cooling system
Heat Pump
Amenities
in-unit washer/dryer
bike rack
Building Details
Year built
2023
Floors in Building
3
Number of units
20
Roof type
Flat
Listing Agency:
Keller Williams Realty Portland Premiere
(503) 597-2444
Listed By:
Darryl Bodle · License #199910100
(503) 709-4632
Added: Jul 13, 2023
Changed: Aug 2
Last Checked: Aug 2 at 10:06AM
MLS# 23022381
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Investment Insights
Based on property information with market context.
20-unit apartment building built in 2023 offering a mix of studio and 1-bedroom units, plus a 1,124 SF retail space designed for tenant customization. The interior features an open-concept layout with expansive ceilings and abundant natural light, along with modern finishes including sleek custom cabinetry and stainless-steel appliances. In-unit washer/dryer and a bike rack are included for added day-to-day convenience.
The property sits on a 0.12-acre lot at 4738 SE Belmont St in Portland’s Belmont area. It is described as being about 0.6 miles to Laurelhurst Park and within blocks of Hawthorne’s retail and dining.
On-site systems include a heat pump for both heating and cooling, and the building has a flat roof. Zoned CM1, the configuration supports residential living with dedicated retail space for an added commercial component.
The property sits on a 0.12-acre lot at 4738 SE Belmont St in Portland’s Belmont area. It is described as being about 0.6 miles to Laurelhurst Park and within blocks of Hawthorne’s retail and dining.
On-site systems include a heat pump for both heating and cooling, and the building has a flat roof. Zoned CM1, the configuration supports residential living with dedicated retail space for an added commercial component.
Key Highlights
- 2023 construction 20‑unit apartment building with studio and 1‑bedroom units
- 1,124 SF retail space included and designed for customization
- 0.12‑acre lot and 9,690 SF building size
Property Analytics
Property Profile
Current Use
Lease Details
20
Residential units
Location Intelligence
Trade Area within ½ mile
1,578
Businesses Nearby
Explore this area
Business Placement
Demographics for 97215, OR
18,221
Population
7,855
Households
2.3
Avg Household Size
40
Median Age
64%
College-Educated
97%
High-School Grad
2.3 sq mi
ZIP Area
7,922
Density / Sq Mi
$114,361
Median Household Income
$62,704
Median Earnings
$1,587
Median Rent
$658,500
Median Home Value
Market
Vacancy Rate% for Multifamily in West region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Apartment building - CM1-zoned 20-unit apartment building with heat pump HVAC, flat roof, and in-unit washer/dryer hookups.
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: 2023 construction 20‑unit apartment building with studio and 1‑bedroom units; 1,124 SF retail space included and designed for customization; 0.12‑acre lot and 9,690 SF building size
