8523 SE STARK ST Portland, OR $ 998,000
8523 SE STARK ST
$ 998,000
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8523 SE STARK ST

Portland, OR, 97216
$ 998,000
Bedrooms-- Baths-- Sq 2,729
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Property for Rent in Portland, OR

for $998,000. This 2,729 square foot property was built in 1937 on a lot size of 0.29.

**Price Reduced! Exceptional opportunity in Montavilla with two parcels on a prime corner lot and dual access points. CM-2 zoning allows mixed-use development including residential units, a 4-story apartment building/complex, or retail/residential combinations, ideal for developers or owner/users. The main home, built in 1937 with a 1952 garage addition (936 SF), has been used as office space, a children’s daycare, a carpentry shop, and most recently an automotive repair shop; the home currently does not include a kitchen. The modular building is approximately 800 SF with two restrooms, historically part of the daycare operation. Seller states parking for 20+ vehicles. With strategic location near main roads and freeways, this property offers significant growth and expansion potential. Seller is open to partial seller carry financing for up to five years and longer-term financing if needed. Don’t miss this rare Montavilla opportunity!

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Rental Active

Price

$ 998,000

Taxes

$ 10,370

Style

Income

Lot Size

0.29

Year Built

1937

Town/City

Portland

County/Region

Multnomah

MLS | Web ID

638680121

Features
General
Sewer PublicSewer
Heating ForcedAir
Roof Composition
Zoning CM2
Construction Materials Frame
Year Built 1937
Sale Includes Building Land Sign
Stories Count 2
Property Subtype Income
Tax Year 2025
Parcel Number R284602
Gross Income 2400.0
Business Name Outfront Media
County Multnomah
Operating Expense 0
Property Type CommercialSale
HOA N
Status Active
Directions SE 86th and SE Stark.
City Portland
MLS Area _143
Lot Size Square Feet 12632.0
Listing Terms Cash Contract Conventional Rehab
Tax Annual Amount 10370.56
Property Condition Existing
Virtual Tour https://www.propertytours.us/8523-se-stark-st-portland-or-virtual-tour/#tour
Lease Type YearsRemaining1to5
Standard Status Active
Accessory Dwelling Unit Y/N N
Leasehold Rent $/Mo 200.0
Legal Description TERRACE PK BLOCK 4 E 1/2 OF LOT 2 LOT 3
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Exterior
Parking Features OffStreet
Water Source PublicWater
Total Parking 20.0
Number of Buildings 2
Building Area Total 2729.0
Lot Size Acres 0.29
Road Surface Type Paved
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Internal Only
Street Number 1 8523
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* Excluded Features
List By
Rose Country Realty

Broker

Annie@RoseCountryRealty.com

Email

Nearby
1949264 Elementary School
1949174 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
10/2/2025$998,000 Listed Price

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8523 SE STARK ST, Portland, OR, 97216 is a Property for Rent at $998,000 with 2,729 sqft and a lot size of 0.29. 8523 SE STARK ST was built in 1937. The property's zip code is 97216 which is in Portland, OR