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14937 SE STARK ST, Portland, OR 97233
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$2,600,000
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Home Details for 14937 SE STARK ST
Price
$2,600,000
Type
Multi Family
Bedrooms
15
Total Bathrooms
13
Year Build
2005
Sq. Ft.
14080
Lot Size
0.73
County
Multnomah
Basement
Partial, Crawl Space, Partially Finished
Tax
$30,890.79
MLS®️ Listing#
24056070
On exitrealty.com
427 days
Property Description
Fully rented, with recent rent increases, and several long-term tenants. Four apartment buildings on a nearly 3/4 acre lot: A townhouse style 6-plex with 2 bedroom, 1.1 bath, 933 sq. ft. units, built in 2005; a townhouse style 4-plex, with 2 bedroom, 1.1 bath, 933 sq. ft. units, built 2001; a duplex with 2 bedroom, 1 bath, 900 sq. ft. units, built 2001; and a 4-plex with three 2 bedroom, 1 bath units & one 1 bedroom, 1 bath unit, built 1966. All units have their own full-size washer & dryer, except the original 4-plex has a shared laundry. All townhouse-style units feature 9' ceilings on the main level. Tenants pay own electricity bills. Gross sq. ft. is gross rentable area, and doesn't include a shared laundry area in one building. Most units are located well off of Stark St. in a quiet setting with 26 parking spaces. School bus stops at the driveway. Cap rate is 6.13 using projected net income.
- Basement
- Partial
- Crawl Space
- Partially Finished
- Heating Information
- Radiant
- Zoned
- Parking
- Off Street
- Paved
- Cooling Information
- None
- Water Features
- Public
School Information
School Information for 14937 SE STARK ST
Elementary School
Glenfair
Middle School
H.B. Lee
High School
Reynolds
Listing Courtesy: RE/MAX Equity Group - 503-653-0607. Presented by: Wayne Sanman
The content relating to real estate for sale on this website comes in part from the IDX program of the RMLS of Portland, Oregon. Real estate listings held by brokerage firms other than EXIT Realty are marked with the RMLS logo, and detailed information about these properties includes the names of the listing brokers. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. This data last updated as of date above. Some properties which appear for sale on this website may subsequently have sold or may no longer be available. All information provided is deemed reliable but is not guaranteed and should be independently verified. Some of these listings contain enhanced listing information including city, state, zip, and county from sources such as MSA data and USPS. Listing content is Copyright ©2025 RMLS of Portland, Oregon. All Rights Reserved.Last Updated: 2025-06-28 09:16:36
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$2,600,000
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805 SW Industrial Way, Suite 4, Bend, OR 97702