Financial
Distress signals
Property profile

1305 SE Belmont St Portland, OR 97214

FOR SALE
Other investment properties
Property ID
US71-0901890
718 SF 0.07 ac lot Built 1888
Last sale Apr 2026 · $824,900
Individually Owned Owner of record is an individual. Free & Clear No active or open recorded mortgage detected.
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Property summary

AI-generated overview

Located in Portland, Oregon on a high-visibility corner along Belmont Street, this property sits on a 0.08-acre lot with a total building area of 3,316 square feet. It is zoned CM2 and configured to support a range of commercial and residential uses. The corner exposure along Belmont Street provides street-facing frontage on a corner location. The property was tastefully updated and includes modern interior finishes with a flexible layout suited to multiple live/work or mixed-use arrangements.…

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. In the full report.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with the full report.

Mortgages

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.

Property tax · 2023

What does the county charge?
$3k
Tax billed · 2023
Assessed value$99k
Effective rate2.65%

Value estimate

· Sep 2026
$865k
$779k – $952k
NOI build-up
Gross scheduled income$80k
Vacancy & credit loss−$8k
Operating expenses−$27k
NOI · 5.27% cap applied$45k

Realmo valuation models over county records.

Recently sold

What actually traded nearby?
$290/SF
ZIP average, outlier-cleaned · 29 recorded sales of this use type
Observed band · Q1–Q3$213 – $415

Cap rate analysis

How does the asset earn?
5.27%
$45k estimated NOI · market benchmarks for this use type

Price anchors at 6 / 6.5 / 7% — in the full report.

Zoning insight

What can be built here?
CS
JurisdictionMULTNOMAH

Location intelligence

Which uses thrive at this corner?
Best fit: Tanning Salon
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Tanning Salon8.0
Florist8.0
Laundromat8.0

Location

1305 SE Belmont St Portland, OR 97214
County assessor Recorded deeds · 2 transfers Qualifying comp sales · not on file Zoning catalog

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 15 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
2417 Hawthorne, Portland, OR 97214-3972 $500,000 May 2023 1,968 SF
2035 Belmont, Portland, OR 97214-2812 $665,000 Jan 2022 1,823 SF
2511 Belmont, Portland, OR 97214-2822 $540,000 Jul 2021 975 SF
3136 Burnside, Portland, OR 97214-1952 $1,247,000 Apr 2021 1,540 SF
2402-2404 Belmont, Portland, OR 97214 $57,692 Jan 2020 759 SF
1210 Oak, Portland, OR 97214-1427 $524,000 Feb 2019 1,552 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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