15412 SE STARK ST Portland, OR97233

$675,000
4 total units
6 total bedrooms
3 total bathrooms
$53,400 annual income
Capitilization Rate: 4.91
3568 total sq. ft
10,000 to 14,999 SqFt
Elementary School: Harold Oliver
Middle School: Centennial
High School: Centennial
Zoning: R2
1148 days on market

VestorFilter™

Price per unit$168.8K/unit
Price per ft²$189.18/ft²
Recent price drop$5,000
Price per acre$2.87M/ac
Price per bedroom$112.5K/bed
Time on market1148 days

Property Description

Back on market. Buyer did not qualify. 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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Financial Data

Date Sold2021-09-30
Sold Price$675,000
Price ChangeDropped $5,000 on 10/22/2021
Total $50,000 drop
Original Price$725,000
Current Price$675,000
Property Taxes$5,847

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Home Facts

StatusSold
Year Built1978
Stories2
Exterior Features
MLS ID21061268

Unit Details

Unit 1
Unit 2
Unit 3