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11924943
11924942

4738 SE Belmont St, Portland, OR 97215

DB
199910100, 25965 (+3)
Keller Williams Realty Portland Premiere
Listed by Keller Williams Realty Portland Premiere
$4,799,900
1342 days on market
Updated 43 days ago

20PLEX I 4738 SE Belmont St

Details
Property Type Mixed Use, Multifamily
Sub Type Apartment Building, Single Family Rental Portfolio
Square Footage 9,690
Net Rentable (SqFt) 9,690
Units 20
Cap Rate 5.44%
NOI $261,137
Lease Type NNN
Price per SqFt $495
Broker Co-Op Yes
Year Built 2022
Buildings 1
Stories 3
Lot Size (SqFt) 5,000 - 6,999
Investment Type Stabilized
Ownership fee-simple

BELMONT NEIGHBORHOOD I New Construction Mix Use : 19 Apartments / 1 Retail Space

Marketing description

Exquisite modern, new construction 20-unit apt complex from a quality local builder with a mix of studio + 1 bed units including a generous 1,124 sf Retail Space that presents a perfect canvas that can be tailored to suit a wide range of ventures. Expertly crafted featuring expansive ceilings + open concept floor plan bringing an abundance of natural light with designer finishes + colors! Sleek custom cabinetry, desirable SS appliances + in-unit W/D + bike rack round out a few quality amenities. With remarkable proximity, in the heart of Belmont and just 0.6 miles to iconic Laurelhurst Park and blocks to Hawthornes vibrant shops + restaurants!


Virtual Tour 1 : https://www.youtube.com/watch?v=NZRtNeHhnU0&feature=youtu.be

Virtual Tour 2 : https://www.youtube.com/watch?v=bATCXhXuEf8

Virtual Tour 3 : https://www.youtube.com/watch?v=ck58ydWoygc

Investment highlights

  • New Construction with superior quality finishes & design

  • (19) Apartments : (15) 0bed/1bath units + (4) 1bed/1bat units

  • (1) Retail Space (NNN) : 1,124 SF

  • Builder warranty

  • 15-year rent control exemption available

  • 97 BikeScore/ 89 WalkScore

Listing Contacts

DB
199910100, 25965 (+3)
Keller Williams Realty Portland Premiere
Listed by Keller Williams Realty Portland Premiere

Valuation Calculator

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Loan Amount
$0.00
Annual Debt Service
$--
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Annual Cash Flow
$261,137.00
$21,761.42/mo

Valuation Metrics

0
DSCR
5.44%
Cap Rate
5.44%
ROI

Map

Zoning

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CM1 MixedMixed UseCommercial Mixed Use 1
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View all 31 uses
View all 31 uses
Last updated May 8, 2026 For deeper zoning details, reports are available at Zoneomics

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Property History

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