14937 SE STARK ST, Portland, OR 97233
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14937 SE STARK ST, Portland, OR 97233
14937 SE STARK ST, Portland, OR 97233
14937 SE STARK ST, Portland, OR 97233
14937 SE STARK ST, Portland, OR 97233
Listed by SMI Commercial Real Estate LLC
Bought with Pinnacle Real Estate Service LLC

$1,800,000

Est. payment /mo

$2,200,000

18.2%
Est.Price: ?

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14937 SE STARK ST Portland, OR 97233

0.73 Acres Lot

SOLD DATE : 09/21/2026

Key Details

Sold Price $1,800,000

Property Type Multi-Family

Listing Status Sold

Purchase Type For Sale

MLS Listing ID 599632980

Sold Date 09/21/26

Year Built 2005

Annual Tax Amount $32,542

Tax Year 2025

Lot Size 0.730 Acres

Property 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 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.

Location

State OR

County Multnomah

Area _143

Zoning RM3-PDX

Interior

Heating Other

Cooling Other

Exterior

Roof Type Other

Garage No

Building

Story 2

Sewer Public Sewer

Water Public Water

Level or Stories 2

Schools

Elementary Schools Parklane

Middle Schools Oliver

High Schools David Douglas

Others

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

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Dr. Tony Kelly

Dr. Tony Kelly

Principal Broker | Keller Williams Realty Portland Premiere License ID: Licensed in Oregon

+1(503) 753-7300

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