Properties

Belmont Tri-plex

1728 SE Belmont St. Portland, OR 97214

$749,000

One of the oldest livable buildings in the city of Portland, this tri-plex on Belmont is unique among other properties in the area. The property consists of 3 nice sized units on a double lot that backs up to Colonel Summers Park.  The expansive backyard is ideal for entertaining. The building is in excellent condition, including recent renovations to the upper unit.

  • Double Lot

  • Newly Renovated upper unit

  • Huge Backyard

  • Walk Score of 92 and bike score of 96

  • Annual Income: $55,584 - 13.48 GRM

  • 5.05% Cap Rate

  • Total Sqft: 2848

  • Built: 1870

  • Zoning: R2.5

Belmont Four-plex

3051 SE Belmont St. Portland, OR 97214

$835,000

Well maintained 4-plex on one of the best streets in Portland. This property provides tenants with an easy walk to all the amenities that Belmont has to offer. In addition, the property is only 6 blocks from Laurelhurst Park. The units consist of one studio (remodeled in 2019), two 1 bed / 1 bath, and one 2 bed / 1 bath. 

Each unit includes secure individual storage in the basement with outside access and additional storage units available for potential additional income. Each unit has its own individual gas and electric and 3 of the 4 units have gas ranges.

  • Built in 1914

  • RM2 Zoning

  • 95 Walk Score

  • 89 Bike Score

  • Great Backyard Space

  • Newly Remodeled Unit

  • Excellent Location

  • Great Storage

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