14937 SE Stark St

Portland, OR 97233
  • $2,600,000

    Price
  • 31

    Bed
  • 27

    Bath
  • 14,080

    SqFt

About the Listing EQTY50 - SANMANWA

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.

Listing Highlights for 14937 SE Stark St

Status Active
Days on Site 451
Property Type Multi-Family
MLS ® 24056070
Year Built 2005
Total Square Footage 14,080
Lot/Acreage 0.73
County Multnomah
Neighborhood Glenfair
Elementary School Glenfair
Middle School H.B. Lee
High School Reynolds

Interior Details

  • Bedrooms: 31
  • Bathrooms: 27 Full
  • Appliances:
  • Air Cond:
  • Heating: Radiant,Zoned
  • Fireplaces:
  • Floor:
  • Above Ground Sq Ft:
  • Below Ground Sq Ft: n/a
  • Basement: Crawl Space,Partial Basement,Partially Finished
  • Other:
  • Water: Public Water

Exterior Details

  • Lot Description: Level
  • Garage Capacity: N/A
  • Parking Spaces: 26
  • Zoning: RM3
  • Roof: Composition
  • Others: Approximately
  • Sewer: Public Sewer
  • Parking Features: Off Street,Paved

Financial Details

  • Tax Amount: $30,891
  • Taxes w/Assessments: N/A
  • Tax/Property ID: R109805
  • Tax Year: N/A

Payment Calculator

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Listing Location

Questions About..

14937 SE Stark St Portland, OR 97233

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Originating MLS: Regional Multiple Listing Service, Inc.

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