13412 Southeast Stark Street
13412 Southeast Stark Street
Portland, OR 97233
$799,000
Price
—
Beds
3,172 Sq. Ft.
$252 / Sq. Ft.
3,172
Sq. Ft.
$252
per Sq. Ft.
Description
This fully occupied triplex presents an exceptional investment opportunity, as it generates consistent cash flow. The property is well-maintained and consists of three spacious units: a 2-bedroom, 1.5-bath unit, and two 3-bedroom, 1.5-bath units. Each unit offers ample living space and modern amenities, ensuring tenant satisfaction and low vacancy rates. The property includes an 8-car parking lot, providing ample off-street parking for all tenants. It is located in a steady rental market with consistent...This fully occupied triplex presents an exceptional investment opportunity, as it generates consistent cash flow. The property is well-maintained and consists of three spacious units: a 2-bedroom, 1.5-bath unit, and two 3-bedroom, 1.5-bath units. Each unit offers ample living space and modern amenities, ensuring tenant satisfaction and low vacancy rates. The property includes an 8-car parking lot, providing ample off-street parking for all tenants. It is located in a steady rental market with consistent demand, making it a great addition to your investment portfolio. Recent updates have been made to the property, ensuring minimal maintenance costs and enhancing its overall appeal. With strong rental income from all units, this triplex is a reliable cash-flowing asset from day one. Don? t miss out on this opportunity to secure a profitable investment property. Owner financing is available, making it even more accessible for potential buyers.
- Listed by Tony Apa • ELEETE Real Estate
- Listed by Courtney Clarke • ELEETE Real Estate
Property Details for 13412 Southeast Stark Street
Subdivision
DAVID DOUGLAS
Parking FeaturesDriveway, Paved
ZoningR3
Garage Spaces.00
Parking Total8.00
Location
Listing Courtesy of ELEETE Real Estate
Add your commute
LISTING UPDATED: 06/15/2024 11:05 AM
Property Details for 13412 Southeast Stark Street
| Status | Active |
|---|---|
| MLS # | 24152671 |
| Days on Market | 25 |
| Taxes | $8,325 / year |
| HOA Fees | - |
| Condo/Co-op Fees | - |
| Compass Type | Multi Family |
| MLS Type | Multi Family |
| Year Built | 2006 |
| Lot Size | 0.29 AC / 12,632 SF |
| County | Multnomah County |
Location
Listing Courtesy of ELEETE Real Estate
Add your commute
Building Information for 13412 Southeast Stark Street
Stories2Residences3Year Built2006Building Size-Lot Size0.29 AC / 12,632 SF
Payment Calculator
$5,054 per month
30 year fixed, 7.25% Interest
Principal and Interest
$4,360
Property Taxes
$694
HOA Dues
$0
The Payment Calculator is for illustrative purposes only.
Property Information for 13412 Southeast Stark Street
Summary
Location and General Information
- Country: US
- Directions: SE Stark &134th- Driveway on Eastside of units-Of Street parking behind
- Road Surface: Concrete, Paved
School Information
- Elementary School: Menlo Park
- High School: David Douglas
- Middle Or Junior School: Floyd Light
Taxes and HOA
- Management Name: Mainlander Prop Management INC
- Tax Year: 2023
- Tax Annual Amount: $8,324.53
- Parcel Number: R283940
- Tax Legal Description: TAYLOR'S SUB, N 140' OF W 100' OF LOT 2 EXC PT IN ST
Property
Lot Information
- Acres: 0.29
- Lot Description: Level, On Busline, Private
- Lot Size Square Feet: 12632.0
- Lot Size Range: Sq Ft10000to14999
- Lot Size: 10,000 to 14,999 Sq Ft
Property and Assessments
- Property Type: Multi Family
- Water Description: Public Water
- Property Condition: Existing
- Year Built: 2006
Utilities
- Cooling Description: Wall Unit
- Fuel Description: Electricity
- Heating Description: Wall Heater
- Hot Water Description: Electricity
- Sewer Description: Public Sewer
- Rent Includes: None
Interior and Exterior Features
Exterior Features
- Exterior Description: Lap Siding
- Roof Type: Composition
Interior Features
- Basement: Crawl Space
- Foundation Details: Concrete Perimeter
- Stories: 2
Amenities
Amenities Information
- Amenities Neighborhood Features: Close to parks and Highschool
- Amenities DistanceTo Bus Numeric: 0.25 miles
- Amenities DistanceTo School Bus Numeric: 0.25 miles
- Amenities DistanceTo Shopping Numeric: 0.75 miles
- Amenities DistanceTo Multi Use Path Numeric: 1.00 miles
- Amenities DistanceTo Public Rail Numeric: 0.50 miles
- Internet Service Type: Cable
Multi Family
Multi-Family Information
- Number Of Units Total: 3
- Gross Income Actual: $49,599.00
- Gross Income Projected: $61,200.00
- Gross Rent Multiplier: $16.11
- Investor Information: According To Owner, Annual Property Operation Data, Leases, Rent Records
- Net Income Actual: $29,827.00
- Net Income Projected: 41200
- Operating Expenses Projected: $20,000.00
- Operating Expense: $19,772.00
- Security Features: Unknown
- Storage: None
- Unit Type Type: Unit Type Type1, Unit Type Type2, Unit Type Type3
- SqFt Approximate Building Total: 3172
Unit 1 Information
- Unit Type 1 Baths Total: 2
- Unit Type 1 Beds Total: 2
- Unit Type 1 Features: Dishwasher, Range, Refrigerator, Washer Dryer
- Unit Type 1 Rent: $1,495
- Unit Type 1 SqFt: 1044.0
- Unit Type 1 Units Total: 1
Unit 2 Information
- Unit Type 2 Baths Total: 2
- Unit Type 2 Beds Total: 3
- Unit Type 2 Features: Dishwasher, Range, Refrigerator, Washer Dryer
- Unit Type 2 Rent: $1,695
- Unit Type 2 SqFt: 1276.0
- Unit Type 2 Units Total: 1
Unit 3 Information
- Unit Type 3 Baths Total: 2
- Unit Type 3 Beds Total: 3
- Unit Type 3 Features: Dishwasher, Range, Refrigerator, Washer Dryer
- Unit Type 3 Rent: $1,595
- Unit Type 3 SqFt: 1276.0
- Unit Type 3 Units Total: 1
Property History for 13412 Southeast Stark Street
| Date | Event & Source | Price | Appreciation |
|---|
| Date | Event & Source | Price |
|---|
For completeness, Compass often displays two records for one sale: the MLS record and the public record.
Public Records for 13412 Southeast Stark Street
Taxable ValueLand-Additions-Total-
Tax Record2023$8,325 ($694 / month)
Home Facts
Baths4.5Total Finished SqFt3,172 SqFtAbove Grade Finished SqFt3,172 SqFtStories2Lot Size12,500 SqFtStyleTriplexYear Built2006ZoningR3CountyMULTNOMAHAPN1S2E02AB 09400
Schools near 13412 Southeast Stark Street
This home is within David Douglas School District 40.
Rating | School | Type | Grades | Distance |
|---|---|---|---|---|
| Public - | K to 5 | |||
| Public - | 6 to 8 | |||
| Public - | 9 to 12 | |||
| Charter - | K to 5 |
Rating | School | Distance |
|---|---|---|
Menlo Park Elementary School PublicK to 5 | ||
Floyd Light Middle School Public6 to 8 | ||
David Douglas High School Public9 to 12 | ||
Arthur Academy CharterK to 5 |
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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Listing Courtesy of ELEETE Real Estate
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