14937 SE STARK ST Portland, OR $ 2,200,000
14937 SE STARK ST
$ 2,200,000
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14937 SE STARK ST

Portland, OR, 97233
$ 2,200,000
Bedrooms5 Baths4.0

Monthly Estimate*

$ 13,546

14937 SE STARK ST, Portland, OR 97233 - Image 1
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Multi-Family Home for sale in Portland, OR

for $2,200,000 with 5 bedrooms and 4 full baths. This home was built in 2005 on a lot size of 0.73.

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.

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Multi-Family Active

Price

$ 2,200,000

Bedrooms

5

Full Bath

4

Property Type

Multi-Family

Taxes

$ 32,542

Style

Lot Size

0.73

Year Built

2005

Town/City

Portland

County/Region

Multnomah

MLS | Web ID

599632980

Features
General
Sewer PublicSewer
Heating Other
Cooling Other
Roof Other
Zoning RM3-PDX
Year Built 2005
Stories Count 2
Tax Year 2025
Parcel Number R109805
Gross Income 251040.0
County Multnomah
Net Operating Income 127556.0
Operating Expense 110932.0
Property Type MultiFamily
HOA N
Rent Includes None
Status Active
Directions 148th
High School David Douglas
City Portland
Number Of Units Total 16
MLS Area _143
Lot Size Square Feet 31798.0
Listing Terms Cash Conventional
Elementary School Parklane
Tax Annual Amount 32542.69
Middle/Junior High School Oliver
Property Condition Approximately
Standard Status Active
Accessory Dwelling Unit Y/N N
Legal Description ASCOT AC LOT 253 EXC E 90' OF S 120' EXC PT IN ST
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Exterior
Parking Features Assigned
Water Source PublicWater
Total Parking 16.0
Exterior Description Other
Lot Size Acres 0.73
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Interior
Hot Water Other
Unit 1 Baths Total 1
Unit 1 Beds Total 1
Unit 2 Baths Total 1
Unit 2 Beds Total 2
Unit 3 Baths Total 2
Unit 3 Beds Total 2
Unit Type UnitTypeType1 UnitTypeType2 UnitTypeType3
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Internal Only
Street Number 1 14937
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* Excluded Features
List By
Smi Commercial Real Estate Llc

Broker

jude.soldati@smire.com

Email

Affordability Calculator

$16,258
Per Month
83%
17%
0%
Monthly Principal & Interest
$13,546
Monthly Property Taxes
$2,712
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
5402323 Elementary School
5402324 Middle School
David Douglas High School High School
Pricing History
DatePricePrice ChangeDescription
5/4/2026$2,200,000 Listed Price

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14937 SE STARK ST, Portland, OR, 97233 is a Multi-Family Home for sale at $2,200,000 with a lot size of 0.73. 14937 SE STARK ST has 5 bedrooms, 4.0 baths, and was built in 2005. The property's zip code is 97233 which is in Portland, OR