5617 SE BELMONT ST, Portland, OR 97215
- $1,300,000
- 6,283
- SqFt
- Sold Price
- $1,300,000
- List Price
- $1,375,000
- Closing Date
- Oct 16, 2025
- Days on Market
- 115
- MLS#
- 322372406
- Property Type
- Multifamily
- Sqft. of Residence
- 6,283
- Lot Size
- 10, 000 to 14, 999 SqFt
- Region
- Portland Southeast
- Status
- SOLD
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.
Additional Information
- Tax Amount
- $16,420
- Year Built
- 1954
- High School
- Franklin
- Elementary School
- Glencoe
- Middle School
- Mt Tabor
- Acres
- 0.23
- Living Area
- 6,283
- Stories
- 3
- Subdivision
- MT TABOR
- Terms
- Cash, Conventional
- Cooling Description
- None
- Fuel Description
- Gas
- Heating Description
- Hot Water
- Hoa Rent Includes
- Sewer, Water
- Hot Water Description
- Electricity
- Exterior Description
- Brick
- Roof Type
- Metal
- Sewer Description
- Public Sewer
- Parking
- Off Street, Open
- Parking Description
- Off Street, Open
- Road Surface
- Paved
- Number Of Units Total
- 4
- Unit Type One Baths Total
- 2
- Unit Type One Beds Total
- 3
- Unit Type One Rent
- 2695
- Unit Type One Sq Ft
- 1767
- Unit Type One Units Total
- 1
- Unit Type Two Baths Total
- 1
- Unit Type Two Beds Total
- 2
- Unit Type Two Units Total
- 1
- Unit Type Three Baths Total
- 1
- Unit Type Three Beds Total
- 2
- Unit Type Three Rent
- 2150
- Unit Type Three Sq Ft
- 1000
- Unit Type Three Units Total
- 1
- Unit Type Four Baths Total
- 1
- Unit Type Four Beds Total
- 2
- Unit Type Four Rent
- 1995
- Unit Type Four Sq Ft
- 1000
- Unit Type Four Units Total
- 1
Mortgage Calculator
Listing courtesy of Windermere Realty Trust. Selling Office: Cascade Hasson Sotheby's International Realty.
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