14937 SE Stark St

Portland, OR 97233

$2,200,000
Price
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Description

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...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.
  1. Listed by Jude Soldati • SMI Commercial Real Estate LLC

Property Details for 14937 Southeast Stark Street

Parking Features
Assigned
Zoning
RM3-PDX
Parking Total
16.00
LISTING UPDATED: 05/04/2026 09:51 AM

Property Details for 14937 Southeast Stark Street

StatusActive
MLS #599632980
Days on Market1
Taxes$32,543 / year
HOA Fees-
Condo/Co-op Fees-
Property TypeMulti Family
MLS TypeMulti Family
Year Built2005
Lot Size0.73 AC / 31,798 SF
CountyMultnomah County
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Location

Listing Courtesy of SMI Commercial Real Estate LLC
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Building Information for 14937 Southeast Stark Street

Stories2Residences16Year Built2005Building Size-Lot Size0.73 AC / 31,798 SF

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$13,790 per month

30 year fixed, 6.46% Interest

Principal and Interest

$11,078

Property Taxes

$2,712

HOA Dues

$0

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Property Information for 14937 Southeast Stark Street

Summary
Location and General Information
  • Country: US
  • Directions: 148th
School Information
  • Elementary School: Parklane
  • High School: David Douglas
  • Middle Or Junior School: Oliver
Taxes and HOA
  • Tax Year: 2025
  • Tax Annual Amount: $32,542.69
  • Parcel Number: R109805
  • Tax Legal Description: ASCOT AC, LOT 253 EXC E 90' OF S 120' EXC PT IN ST
Property
Lot Information
  • Acres: 0.73
  • Lot Size Square Feet: 31798.0
  • Lot Size Range: Sq Ft20000to Acres1
  • Lot Size: 20,000 Sq Ft to .99 Acres
Property and Assessments
  • Property Type: Multi Family
  • Water Description: Public Water
  • Property Condition: Approximately
  • Year Built: 2005
Utilities
  • Cooling Description: Other
  • Fuel Description: Electricity
  • Heating Description: Other
  • Hot Water Description: Other
  • Sewer Description: Public Sewer
  • Rent Includes: None
Interior and Exterior Features
Exterior Features
  • Exterior Description: Other
  • Roof Type: Other
Interior Features
  • Stories: 2
Multi Family
Multi-Family Information
  • Number Of Units Total: 16
  • Gross Income Actual: $251,040.00
  • Gross Income Projected: $287,100.00
  • Gross Rent Multiplier: $8.76
  • Investor Information: According To Owner, Profit Loss Statement, Tax Returns Available
  • Net Income Actual: $127,556.00
  • Net Income Projected: 166919
  • Operating Expenses Projected: $118,740.00
  • Operating Expense: $110,932.00
  • Unit Type Type: Unit Type Type1, Unit Type Type2, Unit Type Type3
Unit 1 Information
  • Unit Type 1 Baths Total: 1
  • Unit Type 1 Baths Decimal: 1.00
  • Unit Type 1 Beds Total: 1
  • Unit Type 1 Rent: $995
  • Unit Type 1 SqFt: 700.0
  • Unit Type 1 Units Total: 1
Unit 2 Information
  • Unit Type 2 Baths Total: 1
  • Unit Type 2 Baths Decimal: 1.00
  • Unit Type 2 Beds Total: 2
  • Unit Type 2 Rent: $1,214
  • Unit Type 2 SqFt: 900.0
  • Unit Type 2 Units Total: 5
Unit 3 Information
  • Unit Type 3 Baths Total: 2
  • Unit Type 3 Baths Decimal: 1.10
  • Unit Type 3 Beds Total: 2
  • Unit Type 3 Rent: $1,368
  • Unit Type 3 SqFt: 993.0
  • Unit Type 3 Units Total: 10

Schools near 14937 Southeast Stark Street

This home is within Reynolds School District 7.
Rating
School
Type
Grades
Distance
Glenfair Elementary School
Public - K to 5
Hauton B Lee Middle School
Public - 6 to 8
Reynolds High School
Public - 9 to 12
Four Corners School
Public - K to 12
Rating
School
Distance
Glenfair Elementary School
PublicK to 5

Hauton B Lee Middle School
Public6 to 8

Reynolds High School
Public9 to 12

Four Corners School
PublicK to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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More information about 14937 Southeast Stark Street, Portland, OR 97233

14937 Southeast Stark Street is a multi-family home for sale in Portland, OR 97233. This listing's school district is Reynolds School District 7. Nearby schools include Glenfair Elementary School, Hauton B Lee Middle School and Reynolds High School. 14937 Southeast Stark Street is a 0-bed, 0-bath, multi-family home built in 2005.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass, Inc., its subsidiaries, affiliates and their agents and associated third parties expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of SMI Commercial Real Estate LLC

All information provided is deemed reliable but is not guaranteed and should be independently verified. The content relating to real estate for sale on this web site comes in part from the IDX program of the RMLS of Portland Oregon. Real estate listings held by brokerage firms other than Compass are marked with the RMLS logo and detailed information about these properties includes the names of the listing brokers. Copyright © 2026 RMLS, Portland, Oregon. Last updated: 05/04/2026 09:51 AM