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Listed by eXp Realty, LLC • 503-389-0821
$750,000
Est. payment /mo
3,100 SqFt
New
16816 SE STARK ST Portland, OR 97233
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Key Details
Property Type Multi-Family
Listing Status Active
Purchase Type For Sale
Square Footage 3,100 sqft
Price per Sqft $241
MLS Listing ID 493418825
Year Built 1911
Annual Tax Amount $5,181
Tax Year 2025
Lot Size 10,890 Sqft
Property Description
One Smart Investment. Endless Possibilities. Welcome to this rare Portland Commercial Zoned 4-plex offering immediate income-producing potential and exceptional flexibility for investors and owner-occupants alike. Live in one unit and let the other three help offset your mortgage, or add this versatile multi-unit property to your rental portfolio. This also has the ability to make it a five-plex - "buyer to do due diligence". The property features an attractive mix of two 2-bedroom units, one 4-bedroom unit, and one studio, each with one full bathroom and its own kitchen with appliances. The units offer a variety of layouts and finishes, with features including updated cabinetry, tiled baths, wood-look and tile flooring, and hardie plank siding. The roof is only a year old! A classic covered front porch adds character, while off-street parking, a fenced outdoor area, mature landscaping, and a detached storage shed add everyday functionality. There are washer and dryer hookups located in the downstairs utility room accessed externally. Location is a major advantage for tenants as well: the property is on a bus line, with the MAX light rail approximately six blocks away, making commuting around the Portland metro convenient. Everyday shopping and groceries are close at hand, while nearby parks provide neighborhood recreation. For a bigger outdoor escape, Powell Butte Nature Park offers miles of trails and sweeping views, and Glendoveer Golf & Tennis is another popular East Portland destination. Whether you're looking to house-hack, expand your rental portfolio, or create a multigenerational living setup, this property delivers the unit mix, transit access, and income potential that are increasingly hard to find. Four units, multiple income streams, and one opportunity you won't want to miss. *There are two outbuildings that could possibly be rented out as well - "buyer to do due diligence"
Location
State OR
County Multnomah
Area _143
Zoning CMU
Rooms
Basement Separate Living Quarters Apartment Aux Living Unit, Unfinished
Interior
Heating Other, Wall Heater
Exterior
Roof Type Composition
Garage No
Building
Lot Description Level, On Busline
Story 2
Sewer Public Sewer
Water Public Water
Level or Stories 2
Schools
Elementary Schools Alder
Middle Schools Reynolds
High Schools Reynolds
Others
Acceptable Financing Cash, Conventional, FHA, VALoan
Listing Terms Cash, Conventional, FHA, VALoan
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