39
See all 39 photos
Listed by Windermere Realty Trust • 503-888-8842
$1,375,000
Est. payment /mo
6,283 SqFt
New
5617 SE BELMONT ST Portland, OR 97215
REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.
In-PersonVirtual Tour
UPDATED:
Key Details
Property Type Multi-Family
Listing Status Active
Purchase Type For Sale
Square Footage 6,283 sqft
Price per Sqft $218
Subdivision Mt Tabor
MLS Listing ID 322372406
Year Built 1954
Annual Tax Amount $16,420
Tax Year 2025
Lot Size 10,018 Sqft
Property Description
Located in Portland's desirable Mt. Tabor neighborhood, this solid mid-century fourplex offers charm, income, and flexibility. Built in 1954, the brick property includes three 2-bedroom, 1-bath units and one spacious 3-bedroom, 2-bath unit — ideal for an owner-occupant or savvy investor. All units feature original hardwood floors, private basements, and well-maintained interiors. Some kitchens have been tastefully updated, blending vintage character with modern convenience. The property is fully rented at current market rates, providing strong, stable income from day one.The standout 3-bedroom unit includes two bathrooms and extra space perfect for families or working from home. With a private entrance and generous layout, it's a prime candidate for an owner to live in while offsetting the mortgage with rental income from the other units.Set in a quiet, walkable residential area near Mt. Tabor Park, this location offers quick access to trails, transit, cafes, and major corridors like Hawthorne and Division. Tenants and owners alike enjoy the neighborhood's balance of nature, convenience, and community. The addition at the back of 3 BR/2 BA unit has some ADA features and a comp shingle roof. Framed construction with brick siding.
Location
State OR
County Multnomah
Area _143
Zoning R2
Rooms
Basement Unfinished
Interior
Heating Hot Water
Cooling None
Exterior
Roof Type Metal
Garage No
Building
Lot Description Gentle Sloping
Story 3
Foundation Concrete Perimeter
Sewer Public Sewer
Water Public Water
Level or Stories 3
Schools
Elementary Schools Glencoe
Middle Schools Mt Tabor
High Schools Franklin
Others
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
GET MORE INFORMATION
Follow Us