2609 Southeast Stark Street

Portland, OR 97214

$1,015,000
Last Sold Price
—
Beds
—
Baths
3,305 Sq. Ft.
$307 / Sq. Ft.
3,305
Sq. Ft.
$307
per Sq. Ft.

Sold 2/28/25

Sold 2/28/25

Description

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 professionally replaced in 2021, ensuring durability and minimal maintenance for years to come. With ample room for rental increases, this property offers significant potential for increased...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 professionally replaced in 2021, ensuring durability and minimal maintenance for years to come. With ample room for rental increases, this property offers significant potential for increased revenue. Tenants will enjoy the convenience of a coin-operated laundry facility and ample parking. The building is in excellent condition, ready to provide reliable rental income. Whether you're an experienced investor or looking to diversify your portfolio, this 5-plex represents a fantastic opportunity in a highly desirable location. Don’t miss out on this rare find!
  1. Listed by Ben Droukas PC • Windermere Realty Trust

Property Details for 2609 Southeast Stark Street

Subdivision
BUCKMAN
Parking Features
Driveway, Paved
Zoning
R2.5
Garage Spaces
.00
Parking Total
5.00
LISTING UPDATED: 02/28/2025 10:48 AM

Property Details for 2609 Southeast Stark Street

StatusSold
MLS #24684097
Days on Market173
Taxes$8,816 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeMulti Family
Year Built1968
Lot Size0.12 AC / 5,227 SF
CountyMultnomah County

Building Information for 2609 Southeast Stark Street

Stories2Residences5Year Built1968Building Size-Lot Size0.12 AC / 5,227 SF

Property Information for 2609 Southeast Stark Street

Summary
Location and General Information
  • Country: US
  • Directions: 26th and Stark
  • Road Surface: Paved
School Information
  • Elementary School: Sunnyside Env
  • High School: Franklin
  • Middle Or Junior School: Sunnyside Env
Taxes and HOA
  • Tax Year: 2023
  • Tax Annual Amount: $8,816.14
  • Parcel Number: R244736
  • Tax Legal Description: PLEASANT HOME ADD, BLOCK 8, E 1/2 OF LOT 9&10
Property
Lot Information
  • Acres: 0.12
  • Lot Description: Level
  • Lot Size Square Feet: 5227.0
  • Lot Size Dimension: 50x100
  • Lot Size Range: Sq Ft5000to6999
  • Lot Size: 5,000 to 6,999 Sq Ft
Property and Assessments
  • Property Type: Multi Family
  • Water Description: Public Water
  • Property Condition: Existing
  • Year Built: 1968
Utilities
  • Cooling Description: None
  • Fuel Description: Electricity
  • Heating Description: Baseboard
  • Hot Water Description: Electricity
  • Sewer Description: Public Sewer
  • Rent Includes: Maintenance Grounds, Sewer, Trash Collection, Water
Interior and Exterior Features
Exterior Features
  • Exterior Description: Wood Siding
  • Roof Type: Composition
Interior Features
  • Stories: 2
Multi Family
Multi-Family Information
  • Number Of Units Total: 5
  • Gross Income Actual: $79,800.00
  • Gross Rent Multiplier: $13.47
  • Investor Information: Annual Property Operation Data, Leases
  • Net Income Actual: $53,612.00
  • Operating Expense: $23,794.00
  • Storage: Individual Storage Units
  • Unit Type Type: Unit Type Type1, Unit Type Type2, Unit Type Type3, Unit Type Type4, Unit Type Type5
  • Common Amenities: Laundry
  • SqFt Approximate Building Total: 3305
Unit 1 Information
  • Unit Type 1 Baths Total: 1
  • Unit Type 1 Baths Decimal: 1.00
  • Unit Type 1 Beds Total: 2
  • Unit Type 1 Features: Range, Refrigerator
  • Unit Type 1 Rent: $1,500
  • Unit Type 1 SqFt: 800.0
  • Unit Type 1 Units Total: 1
Unit 2 Information
  • Unit Type 2 Baths Total: 1
  • Unit Type 2 Baths Decimal: 1.00
  • Unit Type 2 Beds Total: 1
  • Unit Type 2 Features: Range, Refrigerator
  • Unit Type 2 Rent: $1,275
  • Unit Type 2 SqFt: 650.0
  • Unit Type 2 Units Total: 1
Unit 3 Information
  • Unit Type 3 Baths Total: 1
  • Unit Type 3 Baths Decimal: 1.00
  • Unit Type 3 Beds Total: 1
  • Unit Type 3 Features: Range, Refrigerator
  • Unit Type 3 Rent: $1,250
  • Unit Type 3 SqFt: 650.0
  • Unit Type 3 Units Total: 1
Unit 4 Information
  • Unit Type 4 Baths Total: 1
  • Unit Type 4 Baths Decimal: 1.00
  • Unit Type 4 Beds Total: 1
  • Unit Type 4 Features: Range, Refrigerator
  • Unit Type 4 Rent: $1,100
  • Unit Type 4 SqFt: 650
  • Unit Type 4 UnitsTotal: 1
Unit 5 Information
  • Unit Type 5 Baths Total: 1
  • Unit Type 5 Baths Decimal: 1.00
  • Unit Type 5 Beds Total: 2
  • Unit Type 5 Features: Range, Refrigerator
  • Unit Type 5 Rent: $1,500
  • Unit Type 5 SqFt: 800.0
  • Unit Type 5 Units Total: 1

Public Records for 2609 Southeast Stark Street

Taxable ValueLand-Additions-Total-
Tax Record2017$6,970 ($581 / month)
Home Facts
Baths5Above Grade Finished SqFt3,306 SqFtStories2Lot Size5,000 SqFtStyleMulti-Family Dwelling (2-4)Year Built1968Year Renovated1968ZoningR2.5CountyMULTNOMAHAPNR244736

Schools near 2609 Southeast Stark Street

This home is within Portland School District 1j.
Rating
School
Type
Grades
Distance
Sunnyside Environmental School
Public - K to 8
Franklin High School
Public - 9 to 12
Le Monde French Immersion Public Charter School
Charter - K to 8
Da Vinci Middle School
Public - 6 to 8
Rating
School
Distance
Sunnyside Environmental School
PublicK to 8

Franklin High School
Public9 to 12

Le Monde French Immersion Public Charter School
CharterK to 8

Da Vinci Middle School
Public6 to 8

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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Listing Courtesy of Windermere Realty Trust

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