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15412 SE Stark St

Portland, OR 97233
  • $675,000
  • STATUS: Active
  • ON SITE: 107 days
  • MLS #: 21061268
Price Reduced
UPDATED: 45 min ago
$675,000
  • 6
    BEDS
  • N/A
    ACRES
  • 3
    BATHS
  • 0
    1/2 BATHS
  • 3,568
    SQFT
  • $189
    $/SQFT
Neighborhood:
Type:
Multi-Family
Built:
1978
County:

School Information

Elementary School:
Middle School:
High School:

Description

Great investment opportunity in SE Portland. Well maintained 4 Plex with long term tenants. Nicely updated interiors. All rents are current. Each unit has its own storage, patio and two parking spaces. On site laundry room. Seller has complete architectural plans he developed to convert this property into a 6 plex. Please do not disturb tenants. GRM is 12.99. No showings prior to accepted offer. Write all offers subject to interior inspection.

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Listing content is copyright © 2021 RMLS™, Portland, Oregon. The content relating to real estate for sale on this web site comes in part from the IDX program of the RMLS™ of Portland, Oregon. Real estate listings held by brokerage firms other than Premiere Property Group LLC are marked with the RMLS™ logo, and detailed information about these properties includes the names of the listing brokers. Data last updated 2021-06-14T07:39:26.673.Data deemed reliable but not guaranteed. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available. IDX information is provided exclusively for consumers’ personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All information provided is deemed reliable but is not guaranteed accurate by RMLS™ or Premiere Property Group LLC and should be independently verified.
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15412 SE Stark St Portland, OR 97233

  • Price: $675,000
  • Status: Active
  • Updated: 45 min ago
  • MLS #: 21061268
6
Beds
3
Baths
0
½ Baths
N/A
Acres
3,568
SQFT
$189
$/SQFT
1978
Built
Neighborhood:
Ritlow Acres
County:
Multnomah
Area:
143-Portland Southeast
Elementary School:
Harold Oliver
Middle School:
Centennial
High School:
Centennial
Property Description
Great investment opportunity in SE Portland. Well maintained 4 Plex with long term tenants. Nicely updated interiors. All rents are current. Each unit has its own storage, patio and two parking spaces. On site laundry room. Seller has complete architectural plans he developed to convert this property into a 6 plex. Please do not disturb tenants. GRM is 12.99. No showings prior to accepted offer. Write all offers subject to interior inspection.
Exterior Features

Exterior Description T-111 Siding Lot Description LevelPrivate Lot Size 10000 To 14999 Sqft Parking Features OpenPaved View YN No Water Description Public

Interior Features

Basement Crawl Space Cooling Description None Foundation Details Concrete Perimeter Heating Description Baseboard Hot Water Description Electricity Unit Features DishwasherRangeRefrigeratorStorage Unit Type1 Features DishwasherRangeRefrigeratorStorage Unit Type1 Sq Ft 800 Unit Type2 Features DishwasherRangeRefrigeratorStorage Unit Type2 Sq Ft 800 Unit Type3 Features DishwasherRangeRefrigeratorStorage Unit Type3 Sq Ft 800

Property Features

Bank Owned YN No Capitalization Rate 4.91 CCRs YN No Common Amenities Laundry Country Us Fuel Description Electricity Gross Income Actual 53400 Gross Income Projected 56000 Gross Rent Multiplier 12.64 Net Income Actual 33125 Net Income Projected 36000 Occupancy Types LeasedMonth To Month Operating Expenses Actual 20275 Operating Expenses Projected 20000 Property Condition Approximately Rent Includes Trash CollectionSewerWater School Elementary2 Parklane Security Features Sidewalk Seller Disclosure Disclosure Sewer Description Public Sewer Short Sale YN No Storage Individual Storage UnitsLocked Tax Amount 5846.53 Third Party Approval YN No Unit Type1 Rent 1100 Unit Type1 Units Total 2 Unit Type2 Rent 1025 Unit Type2 Units Total 1 Unit Type3 Rent 1125 Unit Type3 Units Total 1 Zoning R2

Listing provided courtesy of Century 21 Cascade.


Listing content is copyright © 2021 RMLS™, Portland, Oregon. The content relating to real estate for sale on this web site comes in part from the IDX program of the RMLS™ of Portland, Oregon. Real estate listings held by brokerage firms other than Premiere Property Group LLC are marked with the RMLS™ logo, and detailed information about these properties includes the names of the listing brokers. Data last updated 2021-06-14T07:39:26.673.Data deemed reliable but not guaranteed. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available. IDX information is provided exclusively for consumers’ personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All information provided is deemed reliable but is not guaranteed accurate by RMLS™ or Premiere Property Group LLC and should be independently verified.
 
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Premiere Property Group LLC
5000 Meadows Rd. Suite 150
Lake Oswego OR, 97035