1712 SE STARK St Portland, OR 97214
MULTI_FAMILY - Portland, OR
Property Features for 1712 SE STARK St
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Zoning
- R5
- Bedrooms
- 3
- Bathrooms
- 2
- Rooms
- Bedroom 1, Bathroom 1, Bedroom 2, Bedroom 3, Bathroom 2
- Standard status
- Active
- APN
- R276883
- Size
- 2,396 SF
- Lot size
- 0.08 Acres
Taxes and HOA fees
- Tax Description
- STORY'S ADD, BLOCK 5, E 1/2 OF LOT 1, POTENTIAL ADDITIONAL TAX
Utilities
- Heating system
- Forced Air
Building Details
- Year built
- 1903
- Floors in Building
- 2
- Number of units
- 2
Listing agent Valerie Hunter License #200110149 (541) 419-7253
Listing office H & H Preferred Real Estate 13551 SE 145th Ave, HAPPY VALLEY, OR (971) 221-3109
Listing date Jul 2, 2026
Copyright © 2026 Regional Multiple Listing Services. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
The property includes a spacious basement with abundant storage and washer and dryer hookups dedicated to the second unit. Major capital improvements noted in the listing include a new roof, new furnaces, new hot water heaters, and fresh interior and exterior paint, including a fully painted basement. The property is zoned R5. Buyer to verify all information.
Key Highlights
- Duplex built in 1903 with Forced Air heating
- Owner’s unit includes refinished hardwood floors, fully remodeled kitchen, updated bathroom, and in‑unit laundry
- Second unit refreshed with new carpet, fresh interior paint, updated bathroom, and new stainless steel appliances
Local Financial Insights For Multifamily LT 5
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $50.3k | $21.00 |
| − Vacancy | −$2.6k | −$1.09 |
| EGI | $47.7k | $19.91 |
| − OpEx | −$14.3k | −$5.97 |
| NOI | $33.4k | $13.94 |
