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$675,000   Price Analysis
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3133 SE Belmont St
Portland, OR 97214
3 bed 3 bath unknown SqFt ($0/SqFt)
3,484SqFt lot. Built 1889
Listed 2024-06-12, Taxes $6,336
Ⓧ USDA Ineligible
due to location

near Portland

Impeccably maintined

Low maintenance/high income no-brainer income property in premiere close-in SE location. 2 beautiful, updated units with excellent tenants and rental history.

Large main level unit has access to additional 700 sqft basement for storage and beautiful, private backyard.


Presented by Dee Reddy PC at
The Group Real Estate Services.


Property MLS #24276734 from RMLS

Bedrooms: 3

Full Bathrooms: 3

Heating Features: ForcedAir
Heating Fuel: Gas
Heating: Yes
Water Heaters: Electricity

Basement Description: FullBasement

Lot Description: Level, Private
Lot Size Acres: 0.0799816
Lot Size Square Feet: 3484

Parking Features: OnStreet

Elementary School: Sunnyside Env
High School: Franklin
Middle School: Sunnyside Env

Sunnyside Environmental School is a public elementary and middle school located approximately 0.2 miles away.
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Franklin High School is a public high school located approximately 1.6 miles away.
directions icon Map directions

Belmont Academy is a private elementary school located approximately 0.4 miles away.
directions icon Map directions

Gross Income: 50280
Rent Includes: Sewer, TrashCollection, Water

Number of Units: 2
Unit Type: UnitTypeType1, UnitTypeType2
Bedrooms in Unit-1: 2
Bedrooms in Unit-2: 1
Total Bathrooms in Unit-1: 1
Total Bathrooms in Unit-2: 2

LotSizeRange: SqFt3000to4999
Annual Tax Amount: 6476.260000000
Source Listing Status: Active
County: Multnomah
Cap Rate: 5.96
Directions: East on SE 30th, East on Belmont to Property
Tax Year: 2023
Source Property Type: MultiFamily
Source Neighborhood: BELMONT / HAWTHORNE
Parcel Number: R280482
Subdivision: BELMONT / HAWTHORNE
Zoning: multi
Source System Name: C2C

YearAssessments
Building + Land
Total
Tax
2022$unknown + $unknown
$237,290
$6,336
2021$unknown + $unknown
$230,380
$6,228
2020$unknown + $unknown
$223,670
$5,714
2019$unknown + $unknown
$217,160
$5,504
2018$unknown + $unknown
$210,840
$5,342
2017$unknown + $unknown
$204,700
$5,120
2016$unknown + $unknown
$198,740
$4,685
2015$unknown + $unknown
$192,960
$4,562
2014$unknown + $unknown
$187,340
$4,494
2013$unknown + $unknown
$181,890
$4,389
2012$unknown + $unknown
$176,600
$3,971
2011$unknown + $unknown
$171,460
$3,821
2010$unknown + $unknown
$166,470
$3,625
2009$unknown + $unknown
$161,630
$3,531
2008$unknown + $unknown
$156,930
$3,332
2007$unknown + $unknown
$152,360
$3,322

Listed 2024-06-12
$675,000
RMLS
Listing removed 2012-01-01
$399,000
RMLS
Listed 2011-09-20
$399,000
RMLS
Listing removed 2011-04-14
$249,900
RMLS
Listing removed 2009-12-18
$475,000
RMLS
Price Changed 2009-10-18
$475,000
RMLS
Listed 2009-08-05
$490,000
RMLS
Sold 2004-08-26
$255,000
RMLS
Listed 2004-07-09
$255,000
RMLS
Listed 2004-07-09
$249,900
RMLS
Sold 1996-05-14
$115,600
Public Record
Sold 1991-09-01
$27,357
Public Record

Net Operating Income: 40224
Operating Expense: 10056

Year Built: 1889
Building Exterior Type: WoodSiding
Foundation Details: ConcretePerimeter
Property Age: 135
Property Condition: UpdatedRemodeled
Roof: Composition
Levels or Stories: 2

Sewer: PublicSewer
Water Source: PublicWater
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The property loan eligibility may be subject to additional requirements beyond geographical location including but not limited to the condition of the property. Speak with a real estate professional to find out more about the eligibility of a specific property.