$10,000 Closing Credit¹
#388817085, Chris Gordon, Listing Office: Gordon Properties
Property details
About 14937 SE Stark St
Fully rented, with recent rent increases, and several long-term tenants. Four apartment buildings on a nearly 3/4 acre lot: A townhouse style 6-plex with 2 bedroom, 1.1 bath, 933 sq. ft. units, built in 2005; a townhouse style 4-plex, with 2 bedroom, 1.1 bath, 933 sq. ft. units, built 2001; a duplex with 2 bedroom, 1 bath, 900 sq. ft. units, built 2001; and a 4-plex with three 2 bedroom, 1 bath units & one 1 bedroom, 1 bath unit, built 1966. All units have their own full-size washer & dryer, except the original 4-plex has a shared laundry. All townhouse-style units feature 9' ceilings on the main level. Tenants pay own electricity bills. Gross sq. ft. is gross rentable area, and doesn't include a shared laundry area in one building. Most units are located well off of Stark St. in a quiet setting with 26 parking spaces. School bus stops at the driveway. Cap rate is 6.13 using projected net income.
Highlights
Home typeOther
HeatingRadiant, Zoned
StatusActive
Size14,080 sqft
BasementYes
Lot size0.73 Acres
Year built2005
ParkingStreet Parking, Paved
MLS #24056070
Summary
- Basement: Yes
- Attached Garage: No
- Parking: Street Parking, Paved
- Heating: Radiant, Zoned
- List Price: $2,600,000
- Price/SqFt: $184
- Lot: Level
- Directions: SE 148th
- Year Built: 2005
- Stories: 2
- Living Area: 14,080 SqFt
- Lot Size: 0.73 Acres
- MLS Number: 24056070
- MLS Name: Regional Multiple Listing Service, Inc.
- Office Name: RE/MAX Equity Group
- Office Phone: (503) 653-0607
- Listing Agent: Wayne Sanman
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 another brokerage firm are marked with the RMLS logo, and detailed information about these properties includes the names of the listing brokers. Listing content is copyright © 2025 Regional Multiple Listing Service, Inc. (RMLS™) Portland, Oregon.
The information on this web site is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. We are not responsible or liable for misinformation, misprints, or typographical errors. All information provided is deemed reliable but is not guaranteed and should be independently verified through personal inspection by and/or with the appropriate professionals. Properties subject to prior sale, change, withdrawal or rental. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 5/19/2025, 8:20:30 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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$2,600,000
14937 SE Stark St
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Price information
Property sales
We're sorry, we currently don't have property sales data for this listing.
Tax history
We're sorry, we currently don't have tax history data for this listing.
Nearby schools
2
Glenfair Elementary School
Public District KG-5
0.5 mi
•15300 NE Glisan St
4
Parklane Elementary School
Public District KG-5
0.5 mi
•15811 SE Main St
3
Lincoln Park Elementary School
Public District PK-5
1.1 mi
•13200 SE Lincoln St
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $33,563. The most common annual income of people living in Portland, OR is less than $<35k. The most common type of family is single, no kids. The most common level of education of people living in this area is high school diploma.
How much money do the neighbors make?
53%
<35k
39%
35k-100k
9%
100k-200k
0%
200k+
What level of education do the neighbors have?
High School Diploma
Post Secondary Degree
Masters Degree
Doctorate
What types of families live nearby?
40%
Single, No Kids
20%
Single, with Kids
17%
Married, No Kids
23%
Married, with Kids
Are the neighbors home owners or renters?
Home Owners
Renters
How old are people in this area?
19%
<11 yrs old
10%
12-17 yrs old
28%
18-34 yrs old
35%
35-64 yrs old
8%
65+ yrs old
What do the neighbors do for fun?
Pro Boxing
Mexican League Soccer
Major League Soccer (MLS)
Where do the neighbors shop?
H&M
Burlington
Ross Dress For Less
Where do the neighbors go to eat?
Boston Market
White Castle
Jack In The Box
What do the neighbors drive?
Honda
Kia
Nissan
What do the neighbors listen to?
Rhythmic Contemporary Hits
Urban Adult Contemporary
All data provided by Home Junction and Claritas
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Frequently asked questions
About 14937 SE Stark St
The listing price of 14937 SE Stark St property is $2,600,000.
The property 14937 SE Stark St is a house located in Portland, Oregon, 97233.
Active Listing: 14937 SE Stark St is For Sale (Active/New) which means the seller is accepting offers.
The nearby schools for 14937 SE Stark St are: Glenfair Elementary School (GreatSchools Rating 2/10), Parklane Elementary School (GreatSchools Rating 4/10), Lincoln Park Elementary School (GreatSchools Rating 3/10), Oliver Middle School (GreatSchools Rating 5/10), Hauton B. Lee Middle School (GreatSchools Rating 1/10), Rockwood Preparatory Academy (GreatSchools Rating 6/10), David Douglas High School (GreatSchools Rating 3/10), Centennial High School (GreatSchools Rating 4/10), Reynolds Learning Academy (GreatSchools Rating 1/10).
The property at 14937 SE Stark St has 0 bathroom.
The property 14937 SE Stark St is 14,080 SqFt (source: MLS/tax record).
The year of construction for 14937 SE Stark St is 2005.
This home is located at 14937 SE Stark St in Portland, OR and zip code 97233 in the East Portland neighborhood. This 14,080 square foot home, which was built in 2005, sits on a 0.73 acre lot. Features: 0 bathroom. It has been listed on Rocket Homes since June 12, 2024 and is currently priced at $2,600,000.
In April 2025 more than 338 listings in Portland, OR were sold above the asking price. During the same period more than 186 listings were sold at asking price, while more than 313 were sold below. The inventory of homes for sale in Portland, OR between March and April 2025 increased by 18.3%. While the average time on the market in April 2025 was 48 days, the median list price was $549,429.
From Rocket Homes Real Estate and based on county public records data.