OR > Portland > Mt Tabor
Portland, OR 97215,5617 SE BELMONT ST
Portland, OR 97215,5617 SE BELMONT ST
Portland, OR 97215,5617 SE BELMONT ST
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Eric Young

Eric Young

+1(360) 901-4782
Listed by Windermere Realty Trust • 503-888-8842
$1,375,000
Est. payment /mo
6,283 SqFt
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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

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Regional Multiple Listing Service (RMLS)
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5617 SE BELMONT ST