NEW! Buy and sell safely with virtual options - Learn More
About the Listing SMIC01 - SOLDJUDE
14937 SE Stark St presents an opportunity to acquire a well-located 16-unit apartment community in Portland’s Mid-County submarket on nearly three quarters of an acre. Across four buildings, 12 of the 16 units were built between 2001 and 2005, with one fourplex built in 1966. The unit mix is highly attractive with the majority being 2-bed / 1.5-bath townhouse-style layouts that provide strong livability and long-term tenant appeal.The asset benefits from solid construction, functional layouts, and a quiet setting set back from Stark Street. 12 units feature in-unit laundry, and the property offers plenty of off-street parking. The newer buildings in particular reflect durable construction and systems that limit near-term capital needs, while the overall site design creates a low-density, residential feel. Currently fully leased, the property offers clear upside through operational improvements and light rent increases. With strong fundamentals, desirable townhouse-style units, and meaningful room for income growth, 14937 SE Stark St represents a stable, income-producing asset with a straightforward path to enhanced returns in a solid East Portland location.
Listing Highlights
Status
Active
Days on Site
30
Property Type
Multi-Family
MLS ®
599632980
Year Built
2005
Total Square Footage
0
Lot/Acreage
0.73
Interior Details
- Bedrooms: 31
- Bathrooms: 26 Full
- Appliances:
- Air Cond:
- Heating:
- Fireplaces:
- Floor:
- Above Ground Sq Ft:
- Below Ground Sq Ft: n/a
- Basement:
- Other:
- Water: Public Water
Exterior Details
- Garage Capacity: N/A
- Parking Spaces: 16
- Zoning: RM3-PDX
- Roof: Other
- Others: Approximately
- Sewer: Public Sewer
- Parking Features: Assigned
Financial Details
- Tax Amount: $32,543
- Taxes w/Assessments: N/A
- Tax/Property ID: R109805
- Tax Year: N/A
Payment Calculator
Monthly Payment
- in Principal and Interest
- in Taxes
Years
% Down Payment
% Mortgage Rate
Questions About..
14937 SE Stark St Portland, OR 97233
Never Miss A New Property
Get notified any time there's a new home on the market in this neighborhood!
Don't worry! We'll never spam you or sell your details. You can unsubscribe whenever you'd like.
Listing Courtesy of -
