14937 SE Stark St, Portland, OR 97233

$2,200,000

Beds

Baths

0.73 ac

Property Size

2005

Year Built

About The Property

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.

ARCHITECTURE

Stories: 2
Condition: Approximately
Year Built: 2005
Roof Type: Other

INTERIOR FEATURES

Heating Type: Other
Fuel Type: Electricity

EXTERIOR FEATURES

Lot size (Acres): 0.73
Zoning: RM3-PDX
Water Source: Public Water
Sewer: Public Sewer

SCHOOLS

Elementary: Parklane
High School: David Douglas
Middle: Oliver

TAX & FINANCIAL

Annual Tax: $32542.69
Terms Considered: Cash, Conventional
Tax Year: 2025

LISTING INFO

Listing courtesy of SMI Commercial Real Estate LLC
Days On Market: 69

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Erik Leland

Luxury Property Advisor | OR License 201225800
Member of: National Association of REALTORS® (NAR)

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Property ID - | 799586

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Erik Leland