2609 SE STARK ST

Portland, OR 97214
Square Ft.
3,305
$1,075,000
Discover this exceptional 5-plex, ideally situated in a vibrant neighborhood with a walk score of 91 and a bike score of 93, offering unparalleled convenience to restaurants, bars, and local amenities. This sought-after location ensures near-zero vacancy rates and a steady demand for rental units. The roof was professionallyRead MoreRead Less
Listing courtesy of Windermere Realty Trust.
Listing Snapshot
Days Online
68
Last Updated
Square Ft.
3,305
Lot Size
0.12 Acres
Year Built
1968
MLS Number
24684097
30 Days Snapshot Of 97214
$
+1%
(avg) sold price
15
-11%
homes sold
41
-4%
(avg) days on market
Snapshot
Area Map
Additional Details
Property Access
Road Surface Type: Paved
Building
Building Area Total: 3305, Built in 1968, Storage: IndividualStorageUnits, Stories: 2, Unit Type Type: UnitTypeType1, UnitTypeType2, UnitTypeType3, UnitTypeType4, UnitTypeType5
Community
Community Features: Laundry
Cooling
Cooling: None
Expenses
Operating Expense: $23,794
Exterior Features
Exterior Description: WoodSiding
Heating
Heating Available, Heating: Baseboard
Income
CAP Rate: 4.99, Gross Income: $79,800, Gross Rent Multiplier: 13.47, Net Operating Income: $53,612
Lot
Features: Level, Size Acres: 0.12, Size Dimensions: 50x100, Size Range: SqFt5000to6999, Size Square Feet: 5,227, Size: 5,000 to 6,999 SqFt
Miscellaneous
Investor Information: AnnualPropertyOperationData, Leases
Parking
Features: Driveway, Paved, 5 total parking spots
Property
Number Of Units Total: 5, Property Condition: Existing, Zoning: R2.5
Roof
Roof: Composition
Sewer
Sewer: PublicSewer
Taxes
Annual Amount: $8,816, Legal Description, Tax Year: 2023
Unit One
Actual Rent: $1,500, Area: 800, Features: Range, Refrigerator, Units Total: 1, 1 total bathroom, 2 total bedroom
Unit Two
Actual Rent: $1,275, Area: 650, Features: Range, Refrigerator, Units Total: 1, 1 total bathroom, 1 total bedroom
Unit Three
Actual Rent: $1,250, Area: 650, Features: Range, Refrigerator, Units Total: 1, 1 total bathroom, 1 total bedroom
Unit Four
Actual Rent: $1,100, Area: 650, Features: Range, Refrigerator, Units Total: 1, 1 total bathroom, 1 total bedroom
Unit Five
Actual Rent: $1,500, Area: 800, Features: Range, Refrigerator, Units Total: 1, 1 total bathroom, 2 total bedroom
Utilities
Fuel Description: Electricity, Hot Water Description: Electricity, Water Source: PublicWater
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Erika George and Kari McGee
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This content last updated on . Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.
This content last updated on . Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.