Updated Duplex with Basement
For Sale
$679,900
1712 SE STARK St, Portland, OR 97214
MultiFamily, Portland, OR
Property Size2,396 SF
Lot Size0.08 Acres
Price / SF$283.76
Days on Market106
Property Features for 1712 SE STARK St
General Information
Property type
Residential Multi Family
Property subtype
Other
Zoning
R5
Bedrooms
3
Bathrooms
2
Full bathrooms
2
Rooms
Bathroom 1, Bathroom 2, Bedroom 2, Bedroom 1, Bedroom 3
Elementary school
Buckman
Middle school
Hosford
High school
Cleveland
Directions
SE Stark Street between SE 17th/SE 18th
Subdivision
_143
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
Legal Description
STORY'S ADD, BLOCK 5, E 1/2 OF LOT 1, POTENTIAL ADDITIONAL TAX
Utilities
Heating system
Forced Air
Amenities
in-unit laundry
basement storage
Building Details
Year built
1903
Floors in Building
2
Number of units
2
Listing Agency:
H & H Preferred Real Estate
(971) 221-3109
Listed By:
Valerie Hunter · License #200110149
(541) 419-7253
Added: Jul 2
Changed: Oct 13
Last Checked: Oct 15 at 12:06PM
MLS# 591800141
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.
This Portland duplex contains 2,396 square feet across two residential units. The primary unit includes refinished hardwood flooring, a remodeled kitchen with stainless steel appliances, an updated bathroom, and in-unit laundry. The second unit features new carpet, fresh interior paint, an updated bathroom, and stainless steel appliances. A basement provides storage space, along with washer and dryer hookups assigned to the second unit.
Major improvements include a new roof, new furnaces, new hot water heaters, and updated interior and exterior paint. Constructed in 1903, the property is zoned R5 and sits on 0.08 acres at 1712 SE STARK St in Portland’s Central Eastside. Restaurants, coffee shops, parks, shopping, and public transportation are identified nearby. The property has a Walk Score of 94 and a Bike Score of 97.
Major improvements include a new roof, new furnaces, new hot water heaters, and updated interior and exterior paint. Constructed in 1903, the property is zoned R5 and sits on 0.08 acres at 1712 SE STARK St in Portland’s Central Eastside. Restaurants, coffee shops, parks, shopping, and public transportation are identified nearby. The property has a Walk Score of 94 and a Bike Score of 97.
Key Highlights
- Duplex totaling 2,396 square feet on a 0.08‑acre lot
- New roof, furnaces, and hot water heaters
- Primary unit with refinished hardwood floors and remodeled kitchen
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$33,390
Cap Rate
4.91%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$667,800
$667.8K
Cap Rate 7%
$477,000
$477.0K
Cap Rate 9%
$371,000
$371.0K
Market Conditions
NOI Build-Up for 2,396 SF
Gross rent
$50.3K $21.00/SF
− Vacancy
−$2.6K −$1.09/SF
EGI
$47.7K $19.91/SF
− OpEx
−$14.3K −$5.97/SF
NOI
$33.4K $13.94/SF
Area
Portland, OR
Vacancy
5.20%
Lease Rate
$21.00 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$667,800
Cap Rate 7%
$477,000
Cap Rate 9%
$371,000
Alternative Uses
Best Use
Multifamily LT 5
$477.0K
$417.4K – $556.5K
NOI $33,390 @ 7.0% cap · market cap 4.91%
Second Best
Apartment 5plus
$439.5K
$384.6K – $512.8K
NOI $30,765 @ 7.0% cap · market cap 4.52%
Theoretical Best
Office A
$672.9K
$588.8K – $785.0K
NOI $47,100 @ 7.0% cap · market cap 6.93%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
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Current Use
Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
4,512
Businesses Nearby
Explore this area
Business Placement
Demographics for 97214, OR
28,403
Population
15,948
Households
1.8
Avg Household Size
36
Median Age
67%
College-Educated
98%
High-School Grad
2.9 sq mi
ZIP Area
9,794
Density / Sq Mi
$86,879
Median Household Income
$55,643
Median Earnings
$1,628
Median Rent
$733,200
Median Home Value
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Market
Vacancy Rate% for Multifamily in West region
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Frequently Asked Questions
What type of property is this?
Duplex - Two residential units combine refreshed interiors with dedicated laundry hookups and substantial basement storage.
Where is this duplex located?
The property is located at 1712 SE STARK St Portland, OR.
What is the asking price?
The asking price for this property is $679,900.
What are key features of this property?
This property features: Duplex totaling 2,396 square feet on a 0.08‑acre lot; New roof, furnaces, and hot water heaters; Primary unit with refinished hardwood floors and remodeled kitchen
