Listing provided courtesy of SMI Commercial Real Estate LLC- MLS# 599632980MLS Provider

14937 SE STARK STPortland, OR 97233

Multi-Family · 0.73 Acres
$2,200,000 Active

14937 SE STARK ST Overview

Time on Site:
57 days
Visits:
4

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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14937 SE STARK ST Facts & Features

  • Type Multi-Family
  • Lot 0.73 Acres

Details

General

School Information

  • Elementary School: Parklane
  • Middle Or Junior School: Oliver
  • High School: David Douglas

Income/Expenses

  • Gross Income: 251040.0
  • Gross Scheduled Income: 287100.0
  • Net Operating Income: 127556.0
  • Operating Expense: 110932.0

Building Information

  • Year Built: 2005

Location/Region

  • Country: US
  • County Or Parish: Multnomah
  • MLS Area Major: 143 - Portland Southeast

Rent/Lease Information

  • Rent Includes: None

Tax Information

  • Tax Annual Amount: 32542.69
  • Tax Year: 2025

General Information

  • Listing Terms: Cash,Conventional
  • Parcel Number: R109805
  • Property Condition: Approximately
  • Property Type: Multi Family
  • Zoning: RM3-PDX

Interior

General Information

  • Cooling: Other
  • Heating: Other
  • Stories: 2

Exterior

Parking Information

  • Parking Features: Assigned
  • Parking Total: 16.0

Lot Information

  • Lot Size Acres: 0.73
  • Lot Size Square Feet: 31798.0
  • Water Source: Public Water

Building Exterior/Construction

  • Roof: Other

General Information

  • Number Of Units Total: 16
  • Sewer: Public Sewer

14937 SE STARK ST Neighborhood

Community

97233 (Portland) Demographics

34
Median Age
8,544
Population Density (per sq. mile)
24%
College Educated
$46,433
Estimated Median Income
6,636
Estimated Total Home Owners
7,021
Estimated Total Renters
49% / 51%
Estimated Owner / Renter Divide
3
Estimated Average Household Size
Community data courtesy of LiveBy, Inc.

Schools

School data courtesy of LiveBy, Inc. School ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating.

14937 SE STARK ST Monthly Cost

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* All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

14937 SE STARK ST Market Data

Based on the last 30 days in this zip code

$357,073
Average List Price
$252
Average Price per Square Foot
21
Properties Sold
107
Average Days on Market
108
Properties for Sale
Calculations provided by Reliance Network

14937 SE STARK ST History

Date Event Value Agent
5/4/2026Source: Regional MLS Added to Database
May 04, 2026