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16-Unit Apartment Community
For Sale
$2,200,000
Pending

14937 SE STARK ST, Portland, OR 97233

16-unit apartment community across four buildings with off-street parking and in-unit laundry for 12 units.

Property SizeContact for details
Lot Size0.75 Acres
Days on Market128

Property Features for 14937 SE STARK ST

General Information

Standard status Pending
Lot size 0.75 Acres
Property subtype MULTI_FAMILY
Occupancy 100%

Additional Details

Multifamily Units 16

Taxes and HOA fees

Annual Taxes $32,542

Amenities

in-unit laundry
off-street parking

Building Details

Year Built 2005
Tenancy Multi
Listing Agency: SMI Commercial Real Estate LLC
Listed By: Jude Soldati
Source: Eleeterealestate
Added: May 4 Changed: Aug 25 Last Checked: Sep 7 at 6:14AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of SMI Commercial Real Estate LLC

Investment Insights

Based on property information with market context.

This 16-unit apartment community is arranged across four buildings on a nearly three-quarter-acre site. The unit mix is highlighted by 2-bedroom, 1.5-bath townhouse-style layouts, along with one fourplex built in 1966 and the majority of units built between 2001 and 2005. The property includes in-unit laundry for 12 units and offers off-street parking to support everyday tenant needs.

The community is set back from Stark Street, contributing to a quieter residential feel. It is currently described as fully leased.

With multiple buildings of mixed vintage and a townhouse-style layout majority, the property presents a straightforward residential income asset with an established off-street parking setup and in-unit laundry in a significant portion of the units.

Key Highlights

  • 16‑unit apartment community across 4 buildings in Portland’s Mid‑County submarket
  • Nearly 0.75 acres of land with a quiet, set‑back setting from Stark St
  • Construction includes 1 fourplex built in 1966, plus 12 units built between 2001 and 2005

Property Analytics

Current Use

Apartment buildings

Suggested Use

Top Pick Law Firm Real Estate Agency Building Supply Hair Salon Gym & Fitness Center Spa & Massage Center

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

16
Residential units
100%
Occupancy
Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

467
Businesses Nearby

Demographics for 97233, OR

41,625
Population
14,844
Households
2.8
Avg Household Size
34
Median Age
18%
College-Educated
80%
High-School Grad
4.6 sq mi
ZIP Area
9,049
Density / Sq Mi
$54,886
Median Household Income
$37,216
Median Earnings
$1,352
Median Rent
$385,100
Median Home Value

Market

Vacancy Rate% for Multifamily in West region

7% 2022
7.8% 2023
8.6% 2024
8.6% 2025
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Frequently Asked Questions

What type of property is this?
Apartment building - 16-unit apartment community across four buildings with off-street parking and in-unit laundry for 12 units.
Where is this apartment building located?
The property is located at 14937 SE STARK ST Portland, OR.
What is the asking price?
The asking price for this property is $2,200,000.
What are key features of this property?
This property features: 16‑unit apartment community across 4 buildings in Portland’s Mid‑County submarket; Nearly 0.75 acres of land with a quiet, set‑back setting from Stark St; Construction includes 1 fourplex built in 1966, plus 12 units built between 2001 and 2005
More about this property
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